|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's Range||50.54 - 50.54|
|52 Week Range||37.55 - 62.54|
|Beta (5Y Monthly)||0.65|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.75 (1.48%)|
|Ex-Dividend Date||Mar 30, 2021|
|1y Target Est||N/A|
Moody's Investors Service, ("Moody's") has today placed on review for upgrade the B2 corporate family rating (CFR) and the B2-PD probability of default rating (PDR) of WP/AV CH Holdings II B.V. (Avaloq), the top entity in Avaloq's restricted group. Concurrently, Moody's has placed on review for upgrade the B2 rating on the CHF 350 million senior secured term loan B and the CHF 60 million senior secured revolving credit facility (RCF), both borrowed by WP/AV CH Holdings III B.V. The outlook has been changed to ratings under review from stable. The review follows the announcement that NEC Corporation (NEC, unrated) has agreed to acquire Avaloq for an enterprise value ("EV") of around CHF 2.05 billion, equivalent to a Moody's estimated 23x EV to EBITDA multiple.
BayCom Corp ("BayCom" or the "Company") (NASDAQ: BCML), the holding company for United Business Bank (the "Bank"), announced earnings of $3.2 million, or $0.27 per diluted share, for the third quarter of 2020 compared to earnings of $3.1 million, or $0.26 per diluted share, for the second quarter of 2020 and $5.6 million, or $0.46 per diluted share, for the third quarter of 2019. BayCom’s second and third quarter earnings reflect the impact of the COVID-19 pandemic resulting in a reduction in business activity in the states BayCom operates. Net income for the third quarter of 2020 compared to the prior quarter increased $130,000, or 4.2%, as a result of a $526,000 increase in noninterest income and a $2.1 million decrease in provision for loans losses, partially offset by a $2.0 million decrease in net interest income and a $620,000 increase in noninterest expense.
Moody's Investors Service has assigned a first-time Baa3 issuer rating to Lenovo Group Limited. The outlook on the rating is stable. "Lenovo's Baa3 issuer rating reflects the company's position as a leading personal computer provider with a long operating history and track record of both organic and inorganic business growth," says Gerwin Ho, a Moody's Vice President and Senior Credit Officer.