Byline Bancorp (BY) Projected to Post Earnings on Thursday

Byline Bancorp (NYSE:BY - Get Free Report) is expected to release its Q1 2025 earnings data after the market closes on Thursday, April 24th. Analysts expect Byline Bancorp to post earnings of $0.62 per share and revenue of $100.82 million for the quarter.

Byline Bancorp (NYSE:BY - Get Free Report) last posted its quarterly earnings results on Thursday, January 23rd. The company reported $0.69 EPS for the quarter, topping the consensus estimate of $0.61 by $0.08. Byline Bancorp had a return on equity of 11.61% and a net margin of 19.33%. On average, analysts expect Byline Bancorp to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Byline Bancorp Stock Performance

Shares of NYSE BY traded up $1.11 during mid-day trading on Tuesday, reaching $25.03. 152,922 shares of the company's stock were exchanged, compared to its average volume of 152,294. The company's 50-day moving average is $26.38 and its 200-day moving average is $28.15. The firm has a market capitalization of $1.12 billion, a price-to-earnings ratio of 9.07 and a beta of 0.90. Byline Bancorp has a 52-week low of $20.93 and a 52-week high of $32.89.

Byline Bancorp Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Tuesday, February 4th were paid a $0.10 dividend. This is a positive change from Byline Bancorp's previous quarterly dividend of $0.09. The ex-dividend date was Tuesday, February 4th. This represents a $0.40 annualized dividend and a dividend yield of 1.60%. Byline Bancorp's dividend payout ratio (DPR) is presently 14.49%.

Wall Street Analyst Weigh In

Several equities analysts have commented on BY shares. Hovde Group raised their price target on shares of Byline Bancorp from $33.00 to $34.00 and gave the company an "outperform" rating in a research report on Monday, January 27th. Stephens lifted their target price on Byline Bancorp from $33.00 to $34.00 and gave the company an "equal weight" rating in a report on Wednesday, January 29th.

Insider Buying and Selling

In other Byline Bancorp news, insider Thomas Abraham sold 6,658 shares of Byline Bancorp stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $28.86, for a total transaction of $192,149.88. Following the transaction, the insider now owns 62,282 shares of the company's stock, valued at $1,797,458.52. The trade was a 9.66 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 30.06% of the stock is owned by company insiders.

Byline Bancorp Company Profile

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.