Question 1

What is an income statement?

Accepted Answer

An income statement shows a company's revenues, expenses, and net income over a specific period. It reveals profitability by starting with revenue and subtracting costs to arrive at net income — the "bottom line" that shows how much the company earned.

Question 2

What is BCML's revenue trend?

Accepted Answer

Review BayCom's quarterly and annual revenue figures in the income statement table above to identify growth trends, seasonal patterns, and year-over-year changes.

Question 3

What is gross margin?

Accepted Answer

Gross margin is revenue minus cost of goods sold, expressed as a percentage. It shows how efficiently a company produces its goods or services. Higher gross margins indicate stronger pricing power and lower production costs.

Question 4

What is operating income?

Accepted Answer

Operating income (EBIT) is revenue minus operating expenses, excluding interest and taxes. It measures a company's core business profitability before financing costs and tax effects, making it useful for comparing companies with different capital structures.

Question 5

What is earnings per share (EPS)?

Accepted Answer

EPS divides net income by outstanding shares, showing the profit attributable to each share. Diluted EPS includes potential shares from stock options and convertible securities, providing a more conservative measure of per-share earnings.

Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period Ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	101.36	97.14	104.45	111.25	92.79	95.62	85.54	64.02	48.81
Cost of Revenue	0.00	41.83	30.48	14.79	9.27	19.22	10.96	6.78	4.77
Gross Profit	0.00	95.87	102.43	96.45	83.52	76.40	74.58	57.23	44.04
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	42.77	41.45	43.59	42.75	35.58	35.59	32.45	24.35	19.41
Operating Expenses	0.00	63.75	64.28	64.02	55.04	58.17	50.89	36.74	29.89
Operating Income	0.00	32.12	38.16	32.44	28.48	18.23	23.69	20.49	14.15
Other Income/Expense
Interest Income	133.82	130.12	124.90	105.83	80.66	86.40	75.75	56.19	43.81
Interest Expense	40.94	40.57	28.46	10.35	8.80	8.90	8.73	4.94	4.31
Other Income/Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income
Income Before Tax	32.62	32.12	38.16	32.44	28.48	18.23	23.69	20.49	14.15
Income Tax Expense	8.69	8.51	10.73	8.71	7.79	4.50	6.37	6.00	8.89
Net Income	23.93	23.61	27.43	23.73	20.69	13.73	17.32	14.49	5.26
Net Income - Continuous Operations	23.93	23.61	27.43	23.73	20.69	13.73	17.32	14.49	5.26
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	-58.85	-55.75	41.12	36.46	32.34	21.93	26.52	22.60	15.76
EBIT	-61.84	-59.02	-59.72	-64.28	-44.33	0.00	0.00	0.00	0.00
Depreciation & Amortization	0.95	1.22	1.29	4.02	3.86	3.70	2.83	2.11	1.61
Earnings Per Share
Basic EPS	2.00	2.00	2.00	2.00	2.00	1.00	1.00	2.00	1.00
Diluted EPS	2.00	2.00	2.00	2.00	2.00	1.00	1.00	2.00	1.00
Basic Shares Outstanding	10.99	11.26	12.07	13.12	10.88	11.97	12.63	9.69	6.52
Diluted Shares Outstanding	10.99	11.26	12.07	13.12	10.88	11.97	12.63	9.69	6.52

BayCom (BCML) Income Statement

BayCom Income Statement Analysis

Frequently Asked Questions About BayCom Financial Statements