Byline Bancorp (BY) Stock Forecast, Price & News

0 brokerages have issued 12-month price objectives for Byline Bancorp's shares. Their BY share price forecasts range from $28.00 to $29.00. On average, they predict the company's share price to reach $28.50 in the next year. This suggests a possible upside of 43.4% from the stock's current price.
View analysts price targets for BY or view top-rated stocks among Wall Street analysts.

Byline Bancorp's stock was trading at $22.97 at the start of the year. Since then, BY stock has decreased by 13.5% and is now trading at $19.87.
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Byline Bancorp saw a decline in short interest during the month of August. As of August 15th, there was short interest totaling 655,000 shares, a decline of 9.1% from the July 31st total of 720,800 shares. Based on an average trading volume of 105,400 shares, the short-interest ratio is currently 6.2 days. Currently, 2.5% of the shares of the stock are short sold.
View Byline Bancorp's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our BY earnings forecast.

Byline Bancorp, Inc. (NYSE:BY) issued its earnings results on Thursday, July, 27th. The company reported $0.73 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.64 by $0.09. The business had revenue of $90.46 million for the quarter, compared to analyst estimates of $89 million. Byline Bancorp had a trailing twelve-month return on equity of 12.74% and a net margin of 22.38%.

Byline Bancorp declared a quarterly dividend on Thursday, July 27th. Investors of record on Tuesday, August 8th will be given a dividend of $0.09 per share on Tuesday, August 22nd. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.81%. The ex-dividend date of this dividend is Monday, August 7th.
Read our dividend analysis for BY.

Byline Bancorp (NYSE:BY) pays an annual dividend of $0.36 per share and currently has a dividend yield of 1.81%. The dividend payout ratio is 13.85%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BY will have a dividend payout ratio of 13.95% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BY.

20 employees have rated Byline Bancorp Chief Executive Officer Alberto Paracchini on Glassdoor.com. Alberto Paracchini has an approval rating of 35% among the company's employees. This puts Alberto Paracchini in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Byline Bancorp investors own include McDonald's (MCD), Altria Group (MO), AT&T (T), Ares Capital (ARCC), Bank of America (BAC), Franklin Resources (BEN), Emerson Electric (EMR), Invesco (IVZ), Shopify (SHOP) and CarGurus (CARG).

(BY) raised $114 million in an 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.

Byline Bancorp trades on the New York Stock Exchange (NYSE) under the ticker symbol "BY."

Byline Bancorp's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (5.12%), Ararat Capital Management LP (3.55%), Dimensional Fund Advisors LP (3.50%), Thrivent Financial for Lutherans (3.31%), Aristotle Capital Boston LLC (2.70%) and State Street Corp (1.68%). Insiders that own company stock include Ana Casanueva, Brogan Ptacin, Hart Angela E Major, Investors I LP Mbg, John Barkidjija, Mary Jo S Herseth, Michelle Lynn Johnson, Phillip R Cabrera, Robert R Yohanan, Roberto R Herencia, Steven P Kent, Thomas J Bell III, Valle Perochena Antonio Del and William G Kistner.
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Shares of BY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of BY stock can currently be purchased for approximately $19.87.

Byline Bancorp (NYSE:BY) has a market capitalization of $868.12 million and generates $358.87 million in revenue each year. The company earns $87.95 million in net income (profit) each year or $2.60 on an earnings per share basis.

The company employs 977 workers across the globe.

Byline Bancorp's mailing address is 180 NORTH LASALLE STREET SUITE 300, CHICAGO IL, 60601. The official website for the company is www.bylinebancorp.com. The company can be reached via phone at (773) 244-7000 or via email at byir@bylinebank.com.