Bay p(BCML) ZACKS·2025-01-23 23:46Core Viewpoint - Bay Commercial Bank reported quarterly earnings of 0.51 per share, with a year-over-year comparison showing no change in earnings per share [1][2] Group 1: Earnings Performance - The quarterly earnings surprise was 7.84%, and the company had previously exceeded earnings expectations by 14.89% in the prior quarter [1][2] - Over the last four quarters, Bay Commercial Bank has surpassed consensus EPS estimates three times [2][6] - The company posted revenues of 26.2 million a year ago [2][6] Group 2: Stock Performance and Outlook - Bay Commercial Bank shares have declined approximately 0.5% since the beginning of the year, while the S&P 500 has gained 3.5% [3][4] - The current consensus EPS estimate for the upcoming quarter is 24.6 million, and for the current fiscal year, it is 100.6 million [7][8] - The estimate revisions trend for Bay Commercial Bank is currently unfavorable, resulting in a Zacks Rank 4 (Sell), indicating expected underperformance in the near future [6][8] Group 3: Industry Context - The Banks - West industry, to which Bay Commercial Bank belongs, is currently in the top 32% of over 250 Zacks industries, suggesting a favorable industry outlook [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5][6]