BayCom Q3 2026 net income falls 77% year over year to $1.15 million

BayCom swung to third-quarter 2026 net income of $1.15 million from a second-quarter loss, but profit fell 77% year-over-year. * Net interest income rose 9% year-over-year to $25.56 million. * Noninterest expense dropped 35% quarter-over-quarter to $17.66 million, while the provision for credit losses fell 84% to $843,000. * A strategic portfolio repositioning involved selling $106.8 million of available-for-sale investment securities, resulting in a $6.83 million loss. * Quarter-end deposits climbed 6% from the second quarter to $2.29 billion, primarily through organic growth and retaining deposits previously placed elsewhere. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BayCom Corp. published the original content used to generate this news brief via Business Wire (Ref. ID: 20261022901832) on October 22, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)