Renaissance Capital logo

BayCom Priced, Nasdaq: BCML

California bank with 17 full-service branches and over $1.2 billion in assets.

Industry: Financials

First Day Return: +4.5%

Industry: Financials

We are a bank holding company headquartered in Walnut Creek, California. United Business Bank, our wholly owned banking subsidiary, is a California state-chartered bank which provides a broad range of financial services primarily to local small and mid-sized businesses, service professionals and individuals. In our 14 years of operation, we have grown to 17 full service banking branches. Our main office is located in Walnut Creek, California and our branch offices are located in Oakland, Castro Valley, Mountain View, Napa, Stockton (2), Pleasanton, Livermore, San Jose, Long Beach, Sacramento, San Francisco and Glendale, California, and Seattle, Washington (2) and Albuquerque, New Mexico. In addition, we have one loan production office in Los Angeles, California. In addition to our organic growth, we have completed five whole-bank acquisitions since 2010. As of December 31, 2017, we had, on a consolidated basis, total assets of $1.25 billion, total deposits of $1.10 billion, total loans of $890.1 million (net of allowances) and total shareholders' equity of $118.6 million.
more less
IPO Data
IPO File Date 04/11/2018
Offer Price $22.00
Price Range $21.00 - $23.00
Offer Shares (mm) 2.9
Deal Size ($mm) $63
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 05/03/2018
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $63
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Walnut Creek, CA, United States
Founded 2004
Employees at IPO 158
Website www.unitedbusinessbank.com

BayCom (BCML) Performance