BayCom Corp (BCML) Cash Flow Statement
Where BCML’s cash came from and went, 2025
December 31, 2025 · U.S. dollars- Cash from operations
- $31.8M +4.9% vs 2024
- Capital expenditures
- $1.7M 1.2% of revenue
- Free cash flow
- $30.1M 21.2% margin
- Returned to shareholders
- $13.5M 45% of free cash flow
- Change in cash
- −$157.5M cash at year-end $206.5M
Drawn to scale: where the cash came from and how it was used. Hover for values.
BCML operating cash flow, capex and free cash flow
BCML cash flow trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | $6.3M2016 | $31.8M2025 | +19.7%/yr | |
| Capital expenditures | $214,0002016 | $1.7M2025 | +26.3%/yr | |
| Free cash flow | $6.1M2016 | $30.1M2025 | +19.4%/yr | |
| Free cash flow margin | 19.7%2016 | 21.2%2025 | +1.5 pts | |
| Operating cash flow / net income | 1.072016 | 1.332025 | +0.26 | |
| Stock-based compensation | $334,0002016 | $653,0002025 | +7.7%/yr | |
| Dividends paid | $18.7M2020 | $6.6M2025 | −18.8%/yr | |
| Share buybacks (net) | $901,0002016 | $6.9M2025 | +25.4%/yr | |
| Capex / revenue | 0.7%2016 | 1.2%2025 | +0.5 pts |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
BCML cash flow by activity
BCML net income vs operating cash flow
Operating cash flow above net income usually means earnings are backed by cash (depreciation and stock-based pay are non-cash expenses).
BCML cash flow statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||
| Net income | $23.9M | $23.6M | $27.4M | $27.0M | $20.7M | $13.7M | $17.3M | $14.5M | $5.3M | $5.9M |
| Depreciation & amortization | $3.0M | $3.3M | $3.0M | $4.0M | $3.9M | $3.7M | $2.8M | $2.1M | $1.6M | $896,000 |
| Stock-based compensation | $653,000 | $588,000 | $726,000 | $1.0M | $1.4M | $1.5M | $1.2M | $1.2M | $423,000 | $334,000 |
| Change in working capital | −$1.9M | $276,000 | −$4.9M | −$1.3M | −$2.0M | −$1.7M | $3.1M | −$1.3M | $3.9M | −$1.6M |
| Other non-cash items | $6.1M | $2.6M | $4.6M | $8.9M | −$13.5M | −$7.2M | −$17.5M | −$10.2M | −$1.8M | $745,000 |
| Cash from operating activities | $31.8M | $30.4M | $30.8M | $39.6M | $10.4M | $10.0M | $7.0M | $6.2M | $9.3M | $6.3M |
| Investing activities | ||||||||||
| Capital expenditures | −$1.7M | −$1.7M | −$2.1M | −$843,000 | −$1.3M | −$3.2M | −$1.4M | −$1.0M | −$368,000 | −$214,000 |
| Investments (net) | $23.0M | −$62.2M | $24.2M | $53.9M | −$60.4M | −$73.7M | −$35.7M | −$11.3M | $90.4M | −$32.7M |
| Acquisitions & other investing | −$112.0M | $1.7M | $58.3M | $843,000 | $1.3M | $3.2M | $38.0M | $1.0M | $368,000 | $213,998 |
| Cash from investing activities | −$90.8M | −$62.2M | $80.4M | $53.9M | −$60.4M | −$73.7M | $927,000 | −$11.3M | $90.4M | −$32.7M |
| Financing activities | ||||||||||
| Dividends paid | −$6.6M | −$3.4M | −$3.6M | −$2.0M | $0 | −$18.7M | — | — | — | — |
| Share repurchases & issuance (net) | −$6.9M | −$9.2M | −$24.1M | −$18.0M | −$11.6M | −$18.3M | −$11.0M | $0 | −$24,000 | −$901,000 |
| Net borrowing (repayment) | −$64.7M | −$315,000 | $0 | $0 | −$5.0M | $66.8M | $66.8M | −$6.0M | −$9.9M | −$9.9M |
| Shares issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $66.8M | $0 | $0 |
| Other financing | −$20.4M | $101.3M | $47.3M | −$276.4M | $146.8M | $37.8M | −$91.9M | $18.0M | $31.4M | $57.7M |
| Cash from financing activities | −$98.6M | $88.3M | $19.5M | −$296.4M | $130.3M | $67.6M | −$36.1M | $78.7M | $21.4M | $46.9M |
| Summary | ||||||||||
| Net change in cash | −$157.5M | $56.5M | $130.7M | −$202.9M | $80.4M | $3.9M | −$28.2M | $73.7M | $121.2M | $20.5M |
| Cash at end of period | $206.5M | $364.0M | $307.5M | $176.8M | $379.7M | $299.3M | $295.4M | $323.6M | $249.9M | $128.7M |
| Free cash flow | $30.1M | $28.7M | $28.7M | $38.8M | $9.1M | $6.8M | $5.6M | $5.2M | $9.0M | $6.1M |
| Free cash flow margin | 21.2% | 20.8% | 21.6% | 34.8% | 9.8% | 7.1% | 6.5% | 8.2% | 18.4% | 19.7% |
| Capex / revenue | 1.2% | 1.2% | 1.6% | 0.8% | 1.4% | 3.4% | 1.6% | 1.6% | 0.8% | 0.7% |
| Operating cash flow / net income | 1.33 | 1.29 | 1.12 | 1.47 | 0.50 | 0.73 | 0.40 | 0.43 | 1.77 | 1.07 |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||
| Net income | −$7.0M | $8.2M | $6.9M | −$5.6M | $6.4M | $5.7M | $6.1M | $6.0M | $5.6M | $5.9M | $6.4M | $6.6M |
| Depreciation & amortization | $509,000 | $600,000 | −$217,000 | $1.7M | $739,000 | $733,000 | $814,000 | $833,000 | $824,000 | $796,000 | $717,000 | $689,000 |
| Stock-based compensation | $1.2M | $188,000 | $178,000 | −$302,000 | $151,000 | $151,000 | $105,000 | $159,000 | $164,000 | $160,000 | $141,000 | $153,000 |
| Change in working capital | $4.3M | −$4.0M | $1.9M | $1.1M | −$1.2M | $109,000 | $2.6M | $1.3M | −$256,000 | −$3.4M | −$2.1M | −$5.5M |
| Other non-cash items | $6.2M | $2.1M | $120,000 | $10.4M | $286,000 | $2.6M | −$1.6M | $1.3M | $1.3M | $1.6M | $3.2M | $583,000 |
| Cash from operating activities | $5.1M | $7.0M | $8.8M | $7.3M | $6.4M | $9.3M | $8.0M | $9.6M | $7.7M | $5.1M | $8.4M | $2.6M |
| Investing activities | ||||||||||||
| Capital expenditures | −$605,000 | −$302,000 | −$262,000 | −$1.1M | −$749,000 | −$143,000 | −$58,000 | −$255,000 | −$245,000 | −$1.1M | −$1.4M | −$532,000 |
| Investments (net) | $8.3M | −$9.4M | $9.8M | −$44.1M | −$25.2M | −$8.6M | −$42.8M | −$58.8M | $8.4M | $31.0M | $27.5M | $42.5M |
| Acquisitions & other investing | −$67.7M | $56.9M | −$22.4M | $1.1M | $749,000 | $143,000 | $58,000 | $255,000 | $245,000 | $1.1M | $1.4M | $532,000 |
| Cash from investing activities | −$59.9M | $47.1M | −$12.8M | −$44.1M | −$25.2M | −$8.6M | −$42.8M | −$58.8M | $8.4M | $31.0M | $27.5M | $42.5M |
| Financing activities | ||||||||||||
| Dividends paid | −$3.3M | −$3.3M | −$2.7M | −$2.2M | $0 | −$1.7M | −$59,000 | −$1.1M | −$1.2M | −$1.2M | −$1.2M | −$1.2M |
| Share repurchases & issuance (net) | $0 | $0 | −$813,000 | −$909,000 | −$3.9M | −$1.3M | −$34,000 | −$1.1M | −$4.1M | −$4.0M | −$2.4M | −$4.5M |
| Net borrowing (repayment) | $25.0M | −$3.1M | $0 | −$64.7M | $0 | $0 | $0 | $0 | — | — | — | — |
| Shares issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other financing | −$95.5M | $51.8M | −$14.4M | $41.4M | $57.8M | −$105.2M | $97.7M | −$38.6M | $32.1M | $9.8M | −$26.7M | $12.4M |
| Cash from financing activities | −$73.7M | $45.4M | −$18.0M | −$26.4M | $53.9M | −$108.2M | $97.6M | −$40.8M | $26.8M | $4.7M | −$30.3M | $6.7M |
| Summary | ||||||||||||
| Net change in cash | −$128.5M | $99.5M | −$21.9M | −$63.2M | $35.1M | −$107.5M | $62.7M | −$89.9M | $42.9M | $40.8M | $5.6M | $51.7M |
| Cash at end of period | $177.4M | $306.0M | $206.5M | $228.4M | $291.6M | $256.5M | $364.0M | $301.3M | $391.2M | $348.3M | $307.5M | $301.9M |
| Free cash flow | $4.5M | $6.7M | $9.1M | $6.2M | $5.6M | $9.1M | $7.9M | $9.4M | $7.4M | $3.9M | $7.0M | $2.1M |
| Free cash flow margin | 13.4% | 18.5% | 25.6% | 16.6% | 16.1% | 26.8% | 23.2% | 26.0% | 22.0% | 11.7% | 20.2% | 6.0% |
| Capex / revenue | 1.8% | 0.8% | 0.7% | 3.0% | 2.1% | 0.4% | 0.2% | 0.7% | 0.7% | 3.4% | 4.1% | 1.5% |
| Operating cash flow / net income | — | 0.85 | 1.29 | — | 1.00 | 1.63 | 1.31 | 1.60 | 1.37 | 0.86 | 1.31 | 0.39 |
Negative numbers are cash paid out. Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported; data from EODHD.
BCML cash generation
In fiscal 2025 (ended December 31, 2025), BayCom generated $31.8 million of cash from operations (up 4.9%) and spent $1.7 million on capital expenditures, leaving free cash flow of $30.1 million, 21.2% of revenue. It returned $13.5 million to shareholders through dividends ($6.6 million) and net share buybacks ($6.9 million). Cash and equivalents fell by $157.5 million over the year.
Related: BCML income statement, BCML balance sheet, BCML dividend history. See the BCML stock overview for the latest quote and news.
BCML cash flow FAQ
What is BayCom's free cash flow?
BayCom's free cash flow was $30.1 million in fiscal 2025: $31.8 million of operating cash flow minus $1.7 million of capital expenditures It was $28.7 million a year earlier..
How much cash does BayCom generate from operations?
BayCom generated $31.8 million of cash from operating activities in fiscal 2025, 1.33 times its net income of $23.9 million.
How much does BayCom spend on capital expenditures?
BayCom spent $1.7 million on capital expenditures in fiscal 2025, 1.2% of revenue, compared with $1.7 million the year before.
How much stock does BayCom buy back?
BayCom spent $6.9 million on net share repurchases in fiscal 2025.
How much does BayCom pay in dividends?
BayCom paid $6.6 million in dividends in fiscal 2025, 21.9% of free cash flow.