Baycom

Q2 FY2026 EarningsQ2 FY26 results significantly missed consensus expectations due to a one-time $10.5M executive departure charge and elevated credit provisioning. Net loss of $7.0M ($ -0.64 EPS) missed the $2.18M net income consensus ($0.20 EPS mean). Revenue of $33.7M beat the $24.85M forecast, driven by strong loan yields despite customer migration to higher-yielding deposit products. A $5.2M provision for credit losses and a surge in noninterest expense overshadowed the top-line beat, though net interest margin expanded to 3.95%.