Byline Bancorp (NYSE:BY - Get Free Report) is projected to post its quarterly earnings results after the market closes on Thursday, January 23rd. Analysts expect Byline Bancorp to post earnings of $0.61 per share and revenue of $100,373.60 billion for the quarter. Individual that wish to register for the company's earnings conference call can do so using this link.
Byline Bancorp Stock Down 0.4 %
Shares of BY traded down $0.11 during trading on Thursday, reaching $28.19. The company's stock had a trading volume of 100,502 shares, compared to its average volume of 124,490. Byline Bancorp has a twelve month low of $19.70 and a twelve month high of $32.89. The company has a market cap of $1.25 billion, a price-to-earnings ratio of 10.25 and a beta of 1.15. The company has a fifty day moving average of $30.15 and a two-hundred day moving average of $27.75.
Byline Bancorp announced that its board has authorized a stock buyback program on Thursday, December 5th that authorizes the company to repurchase 1,250,000 shares. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company's board believes its shares are undervalued.
Byline Bancorp Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, November 19th. Shareholders of record on Tuesday, November 5th were paid a dividend of $0.09 per share. The ex-dividend date of this dividend was Tuesday, November 5th. This represents a $0.36 dividend on an annualized basis and a yield of 1.28%. Byline Bancorp's dividend payout ratio (DPR) is 13.09%.
Analyst Ratings Changes
Several analysts have issued reports on BY shares. Keefe, Bruyette & Woods upped their price objective on Byline Bancorp from $29.00 to $33.00 and gave the company a "market perform" rating in a research note on Wednesday, December 4th. Piper Sandler reissued an "overweight" rating and issued a $34.00 target price on shares of Byline Bancorp in a report on Tuesday, October 29th.
View Our Latest Stock Report on Byline Bancorp
About Byline Bancorp
(
Get Free Report)
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.
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