Insider Buying: Bay Commercial Bank (NASDAQ:BCML) Director Purchases 5,000 Shares

August 4, 2026 by InsiderTrades.com

Key Points

Director Michael Perdue purchased 5,000 BCML shares at an average price of $30.17, investing $150,850 and increasing his direct ownership by 166.67% to 8,000 shares.
Bay Commercial Bank shares opened at $30.50, with a market capitalization of approximately $332.75 million. The company pays a quarterly dividend of $0.30 per share, equivalent to a 3.9% annualized yield.
Analyst sentiment is mixed, with a consensus “Hold” rating and an average price target of $34.00; institutional investors own approximately 66.16% of the stock.

Bay Commercial Bank (NASDAQ:BCML - Get Free Report) Director Michael Perdue purchased 5,000 shares of the business's stock in a transaction that occurred on Friday, July 31st. The shares were purchased at an average price of $30.17 per share, for a total transaction of $150,850.00. Following the completion of the acquisition, the director directly owned 8,000 shares in the company, valued at $241,360. The trade was a 166.67% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Bay Commercial Bank Stock Up 1.1%

Shares of NASDAQ BCML opened at $30.50 on Tuesday. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.02 and a quick ratio of 1.02. The company has a market cap of $332.75 million, a P/E ratio of 25.42 and a beta of 0.28. Bay Commercial Bank has a 1 year low of $26.72 and a 1 year high of $34.98. The firm has a 50-day simple moving average of $32.21 and a two-hundred day simple moving average of $30.57.

Bay Commercial Bank (NASDAQ:BCML - Get Free Report) last announced its earnings results on Thursday, July 23rd. The company reported ($0.64) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.64 by ($1.28). The business had revenue of $1.49 million for the quarter, compared to analysts' expectations of $26.30 million. Bay Commercial Bank had a net margin of 9.20% and a return on equity of 6.96%. Research analysts anticipate that Bay Commercial Bank will post 2.29 earnings per share for the current year.

Bay Commercial Bank Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 9th. Investors of record on Thursday, June 11th were issued a dividend of $0.30 per share. The ex-dividend date was Thursday, June 11th. This represents a $1.20 dividend on an annualized basis and a yield of 3.9%. Bay Commercial Bank's payout ratio is presently 100.00%.

Institutional Trading of Bay Commercial Bank

A number of large investors have recently modified their holdings of the company. UBS Group AG increased its position in Bay Commercial Bank by 866.1% during the 3rd quarter. UBS Group AG now owns 160,978 shares of the company's stock valued at $4,628,000 after purchasing an additional 144,316 shares during the period. Wellington Management Group LLP raised its holdings in shares of Bay Commercial Bank by 10.7% in the 4th quarter. Wellington Management Group LLP now owns 1,058,935 shares of the company's stock valued at $31,133,000 after purchasing an additional 102,666 shares in the last quarter. Alliancebernstein L.P. lifted its position in shares of Bay Commercial Bank by 7.3% in the 3rd quarter. Alliancebernstein L.P. now owns 483,852 shares of the company's stock worth $13,911,000 after purchasing an additional 32,978 shares during the period. Jane Street Group LLC purchased a new stake in shares of Bay Commercial Bank in the 1st quarter worth approximately $454,000. Finally, Millennium Management LLC bought a new position in shares of Bay Commercial Bank during the third quarter valued at approximately $429,000. Hedge funds and other institutional investors own 66.16% of the company's stock.

Analyst Ratings Changes

Several brokerages have commented on BCML. Brean Capital downgraded Bay Commercial Bank from a "buy" rating to a "neutral" rating in a research report on Friday, April 10th. Weiss Ratings upgraded Bay Commercial Bank from a "buy (b+)" rating to a "buy (a-)" rating in a research report on Thursday. DA Davidson lowered shares of Bay Commercial Bank from a "buy" rating to a "neutral" rating and set a $34.00 target price for the company. in a research note on Tuesday, May 26th. Finally, Zacks Research cut shares of Bay Commercial Bank from a "hold" rating to a "strong sell" rating in a report on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $34.00.

Read Our Latest Analysis on BCML

Bay Commercial Bank Company Profile

(Get Free Report)

Bay Commercial Bank is a bank holding company that offers a full suite of commercial and consumer banking services through its subsidiary, Bay Commercial Bank. The institution emphasizes relationship-driven banking, focusing on the needs of small and medium-sized businesses, professionals, and individual customers.

The bank's lending portfolio encompasses commercial real estate, construction and development financing, equipment loans, acquisition financing, and consumer credit products such as residential mortgages and personal lines of credit.