Byline Bancorp (BY) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $22.84 to $25.37
• 50-Day Range: $23.49 to $30.26
• 52-Week Range: $19.70 to $32.89
• Volume: 302,170 shs
• Average Volume: 148,918 shs
• Market Capitalization: $1.11 billion
• P/E Ratio: 8.98
• Dividend Yield: 1.61%
• Price Target: $33.75
• Consensus Rating: Moderate Buy

Byline Bancorp Stock Analysis - MarketRank™

Byline Bancorp scored higher than 87% of companies evaluated by MarketBeat, and ranked 274th out of 929 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

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.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 6.54%

Earnings Growth

Earnings for Byline Bancorp are expected to grow by 6.54% in the coming year, from $2.60 to $2.77 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Byline Bancorp is 8.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 20.85.

Price to Earnings Ratio vs. Sector

The P/E ratio of Byline Bancorp is 8.98, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 21.55.

Price to Book Value per Share Ratio

Byline Bancorp has a P/B Ratio of 1.09. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.02% 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 3.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Byline Bancorp has recently decreased by 3.33%, indicating that investor sentiment is improving.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Byline Bancorp pays a meaningful dividend of 1.60%, 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 14.49%. 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 14.44% next year. This indicates that Byline Bancorp will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.02% 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 3.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Byline Bancorp has recently decreased by 3.33%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 1.03

News Sentiment

Byline Bancorp has a news sentiment score of 1.03. 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 0.87 average news sentiment score of Finance companies.

News Coverage This Week

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

Search Interest

4 people have searched for BY on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Byline Bancorp to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Byline Bancorp insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $192,150.00 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.

BY Stock Analysis - Frequently Asked Questions

How have BY shares performed this year?

Byline Bancorp's stock was trading at $29.00 on January 1st, 2025. Since then, BY stock has decreased by 14.6% and is now trading at $24.7720.
View the best growth stocks for 2025 here.

How were Byline Bancorp's earnings last quarter?

Byline Bancorp, Inc. (NYSE:BY) posted its quarterly earnings data on Thursday, January, 23rd. The company reported $0.69 earnings per share for the quarter, beating analysts' consensus estimates of $0.61 by $0.08. Byline Bancorp had a net margin of 19.33% and a trailing twelve-month return on equity of 11.61%.
Read the conference call transcript.

How will Byline Bancorp's stock buyback program work?

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

When did Byline Bancorp IPO?

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) acted as the underwriters for the IPO and Piper Jaffray, Sandler O’Neill + Partners and Stephens were co-managers.

Who are Byline Bancorp's major shareholders?

Byline Bancorp's top institutional investors include Rhumbline Advisers (0.11%) and GAMMA Investing LLC. Insiders that own company stock include Valle Perochena Antonio Del, Investors I LP Mbg, Alberto J Paracchini, Thomas Abraham, Brogan Ptacin, John Barkidjija, Steven P Kent, Mary Jo S Herseth, Phillip R Cabrera, William G Kistner, Dana Rose, Pamela C Stewart, Hart Angela E Major, Michelle Lynn Johnson and Ana Casanueva.
View institutional ownership trends.

How do I buy shares of Byline Bancorp?

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.

What other stocks do shareholders of Byline Bancorp own?

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: 1/23/2025
• Record date for 2/18 Dividend: 2/04/2025
• Ex-Dividend for 2/18 Dividend: 2/04/2025
• Dividend Payable: 2/18/2025
• Today: 4/09/2025
• Next Earnings (Estimated): 4/24/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Banking
• Current Symbol: NYSE:BY
• CIK: 1702750
• Web: www.bylinebancorp.com
• Phone: (773) 244-7000
• Fax: N/A
• Employees: 970
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $33.75
• High Stock Price Target: $34.00
• Low Stock Price Target: $33.00
• Potential Upside/Downside: +36.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.76
• Trailing P/E Ratio: 8.98
• Forward P/E Ratio: 9.53
• P/E Growth: N/A
• Net Income: $120.76 million
• Net Margins: 19.33%
• Pretax Margin: 25.95%
• Return on Equity: 11.61%
• Return on Assets: 1.28%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.90
• Quick Ratio: 0.89

Sales & Book Value

• Annual Sales: $403.54 million
• Price / Sales: 2.74
• Cash Flow: $2.20 per share
• Price / Cash Flow: 11.26
• Book Value: $22.65 per share
• Price / Book: 1.09

Miscellaneous

• Outstanding Shares: 44,684,000
• Free Float: 31,043,000
• Market Cap: $1.11 billion
• Optionable: Optionable
• Beta: 0.90