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Has Bay Commercial Bank (BCML) Outpaced Other Finance Stocks This Year?

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Investors focused on the Finance space have likely heard of Bay Commercial Bank (BCML - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of BCML and the rest of the Finance group's stocks.

Bay Commercial Bank is one of 821 individual stocks in the Finance sector. Collectively, these companies sit at #14 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.

The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. BCML is currently sporting a Zacks Rank of #2 (Buy).

Over the past three months, the Zacks Consensus Estimate for BCML's full-year earnings has moved 15.41% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

Based on the latest available data, BCML has gained about 35.27% so far this year. In comparison, Finance companies have returned an average of -2.16%. This means that Bay Commercial Bank is performing better than its sector in terms of year-to-date returns.

Breaking things down more, BCML is a member of the Banks - West industry, which includes 32 individual companies and currently sits at #98 in the Zacks Industry Rank. This group has gained an average of 8.81% so far this year, so BCML is performing better in this area.

Investors in the Finance sector will want to keep a close eye on BCML as it attempts to continue its solid performance.


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