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NYSE:BY

Byline Bancorp (BY) Stock Price, News & Analysis

Byline Bancorp logo
$28.96 0.00 (0.00%)
(As of 05:16 PM ET)

About Byline Bancorp Stock (NYSE:BY)

Key Stats

Today's Range
$28.50
$29.08
50-Day Range
$25.88
$32.10
52-Week Range
$19.70
$32.89
Volume
105,379 shs
Average Volume
136,351 shs
Market Capitalization
$1.29 billion
P/E Ratio
10.53
Dividend Yield
1.24%
Price Target
$30.88
Consensus Rating
Moderate Buy

Company Overview

Byline Bancorp, Inc. operates as the bank holding company for Byline Bank that provides various banking products and services for small and medium sized businesses, commercial real estate and financial sponsors, and consumers in the United States. It offers various retail deposit products, including non-interest-bearing accounts, money market demand accounts, savings accounts, interest-bearing checking accounts, and time deposits; ATM and debit cards; and online, mobile, and text banking services, as well as commercial deposits. The company also provides term loans, revolving lines of credit, and construction financing services; senior secured financing solutions to private equity backed lower middle market companies; small business administration and united states department of agriculture loans; and treasury management products and services. In addition, it offers financing solutions for equipment vendors and their end users; syndication services; and investment, trust, and wealth management services that include fiduciary and executor services, financial planning solutions, investment advisory services, and private banking services for foundations and endowments, and high net worth individuals. The company was formerly known as Metropolitan Bank Group, Inc. and changed its name to Byline Bancorp, Inc. in 2015. Byline Bancorp, Inc. was founded in 1914 and is headquartered in Chicago, Illinois.

Byline Bancorp Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
55th Percentile Overall Score

BY MarketRank™: 

Byline Bancorp scored higher than 55% of companies evaluated by MarketBeat, and ranked 570th out of 948 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Byline Bancorp has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Byline Bancorp has only been the subject of 2 research reports in the past 90 days.

  • Read more about Byline Bancorp's stock forecast and price target.
  • Earnings Growth

    Earnings for Byline Bancorp are expected to decrease by -6.72% in the coming year, from $2.68 to $2.50 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Byline Bancorp is 10.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.27.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Byline Bancorp is 10.53, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 24.97.

  • Price to Book Value per Share Ratio

    Byline Bancorp has a P/B Ratio of 1.28. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    2.09% of the float of Byline Bancorp has been sold short.
  • Short Interest Ratio / Days to Cover

    Byline Bancorp has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Byline Bancorp has recently increased by 7.65%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Byline Bancorp pays a meaningful dividend of 1.23%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Byline Bancorp does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Byline Bancorp is 13.09%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Byline Bancorp will have a dividend payout ratio of 14.40% next year. This indicates that Byline Bancorp will be able to sustain or increase its dividend.

  • Read more about Byline Bancorp's dividend.
  • Percentage of Shares Shorted

    2.09% of the float of Byline Bancorp has been sold short.
  • Short Interest Ratio / Days to Cover

    Byline Bancorp has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Byline Bancorp has recently increased by 7.65%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Byline Bancorp has a news sentiment score of 0.77. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for Byline Bancorp this week, compared to 4 articles on an average week.
  • Search Interest

    Only 3 people have searched for BY on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Byline Bancorp insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,528.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    30.06% of the stock of Byline Bancorp is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    67.73% of the stock of Byline Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Byline Bancorp's insider trading history.
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BY Stock News Headlines

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The investments connected to Trump's second term in ways that almost nobody outside his inner circle is aware of… yet have the potential to deliver colossal returns over the next four years. I’m not talking about Tesla, Palantir, or anything else you’ve heard parroted by the mainstream financial press. No. These are Trump’s Secret Stocks.
Byline Bancorp (BY) Gets a Buy from Piper Sandler
See More Headlines

BY Stock Analysis - Frequently Asked Questions

Byline Bancorp's stock was trading at $23.56 at the beginning of the year. Since then, BY shares have increased by 22.9% and is now trading at $28.96.
View the best growth stocks for 2024 here
.

Byline Bancorp, Inc. (NYSE:BY) issued its quarterly earnings data on Thursday, July, 25th. The company reported $0.68 EPS for the quarter, beating analysts' consensus estimates of $0.63 by $0.05. The firm had revenue of $154.41 million for the quarter, compared to analyst estimates of $99.25 million. Byline Bancorp had a net margin of 19.39% and a trailing twelve-month return on equity of 11.90%.

Byline Bancorp's board initiated a share buyback plan on Thursday, December 5th 2024, which allows the company to repurchase 1,250,000 outstanding shares, according to EventVestor. This allows the company to purchase shares of its stock through open market purchases. Stock buyback plans are generally an indication that the company's leadership believes its stock is undervalued.

Byline Bancorp (BY) raised $114 million in an initial public offering (IPO) on Friday, June 30th 2017. The company issued 5,700,000 shares at a price of $19.00-$21.00 per share. BofA Merrill Lynch and Keefe, Bruyette & Woods (A Stifel Company) served as the underwriters for the IPO and Piper Jaffray, Sandler O’Neill + Partners and Stephens were co-managers.

Shares of BY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Byline Bancorp investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), ServiceNow (NOW) and Arista Networks (ANET).

Company Calendar

Last Earnings
7/25/2024
Ex-Dividend for 11/19 Dividend
11/05/2024
Dividend Payable
11/19/2024
Today
12/30/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
Banking
Fax
N/A
Employees
1,055
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$30.88
High Stock Price Target
$34.00
Low Stock Price Target
$27.50
Potential Upside/Downside
+7.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$107.88 million
Pretax Margin
25.95%

Debt

Sales & Book Value

Annual Sales
$400.23 million
Cash Flow
$2.37 per share
Book Value
$22.65 per share

Miscellaneous

Free Float
31,043,000
Market Cap
$1.28 billion
Optionable
Optionable
Beta
1.15
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This page (NYSE:BY) was last updated on 12/30/2024 by MarketBeat.com Staff
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