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Stock impact report

CORRECTING and REPLACING BayCom Corp Reports 2019 Fourth Quarter and Year End Financial Results

BayCom Corp (BCML) 
Company Research Source: Business Wire
WALNUT CREEK, Calif.--(BUSINESS WIRE)--BayCom Corp (“BayCom” or the “Company”) (NASDAQ:BCML) has determined that the weighted average number of shares used to compute net income per share for the three and twelve months ended December 31, 2019 were incorrectly reported in the press release it issued on January 28, 2020, as 11,759,334 shares and 12,631,368 shares, respectively. The correct weighted average number of shares used to compute net income per share for the three and twelve months ended December 31, 2019 is 12,361,368 shares and 11,759,334 shares, respectively. As a result, the basic and diluted earnings per share under “Statements of Comprehensive Income (Unaudited)” and “Financial Highlights (Unaudited)” and in the narrative contained in the press release for the three and twelve months ended December 31, 2019, was also incorrectly reported as $0.39 and $1.37, respectively. The corrected basic and diluted earnings per share for the three and twelve months ended December Show less Read more
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