NYSE:BY

Byline Bancorp (BY) Stock Forecast, Price & News

$19.33

-0.38 (-1.93%)

(As of 04:29 PM ET)

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Today's Range: $19.30
▼
$19.82
50-Day Range: $19.54
▼
$22.50
52-Week Range: $16.40
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$26.00

Volume: 63,519 shs
Average Volume: 109,734 shs
Market Capitalization: $844.53 million

P/E Ratio: 7.43
Dividend Yield: 1.86%
Price Target: $28.50

Byline Bancorp MarketRank™ Forecast

Analyst Rating: 0.00 Rating Score
Upside/Downside: 46.9% Upside
$28.50 Price Target
Short Interest: Healthy
2.06% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.24
Based on 3 Articles This Week
Insider Trading: Acquiring Shares
$1.09 M Bought Last Quarter
Proj. Earnings Growth: -3.37%
From $2.67 to $2.58 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.41 out of 5 stars

Finance Sector

408th out of 878 stocks

State Commercial Banks Industry

104th out of 183 stocks

2.0

Analyst's Opinion

Price Target Upside/Downside
According to analysts' consensus price target of $28.50, Byline Bancorp has a forecasted upside of 46.9% from its current price of $19.40.
Amount of Analyst Coverage
Byline Bancorp has received no research coverage in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
2.06% 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 5.4.
Change versus previous month
Short interest in Byline Bancorp has recently decreased by 7.89%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Yield
Byline Bancorp pays a meaningful dividend of 1.83%, 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 13.85%. 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 13.95% next year. This indicates that Byline Bancorp will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for BY.

1.2

News and Social Media Coverage

News Sentiment
Byline Bancorp has a news sentiment score of 0.24. 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 lower news sentiment than the 0.71 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Byline Bancorp this week, compared to 3 articles on an average week.
Search Interest
Only 1 people have searched for BY on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

4.2

Company Ownership

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 $1,093,169.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
35.04% 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
41.12% of the stock of Byline Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Byline Bancorp are expected to decrease by -3.37% in the coming year, from $2.67 to $2.58 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Byline Bancorp is 7.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.46.
Price to Earnings Ratio vs. Sector
The P/E ratio of Byline Bancorp is 7.46, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 59.14.
Price to Book Value per Share Ratio
Byline Bancorp has a P/B Ratio of 0.95. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Byline Bancorp (NYSE:BY) Stock

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.

BY Price History

30 days | 90 days | 365 days | Advanced Chart

BY Stock News Headlines

October 1, 2023 | finance.yahoo.com

Byline Bancorp, Inc. (NYSE:BY) is definitely on the radar of institutional investors who own 43% of the company

September 25, 2023 | marketwatch.com

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October 2, 2023 | Behind the Markets (Ad)

[BREAKING] New "Living Missile" to Replace Nuclear Missiles

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

September 25, 2023 | finance.yahoo.com

Here are 5 Reasons to Bet on Byline Bancorp (BY) Stock Now

September 22, 2023 | finance.yahoo.com

GLOBAL MARKETS-Stocks rise, yields slip as market mulls Fed's outlook

September 21, 2023 | msn.com

UPDATE 3-Taiwan flags continued tight monetary policy, trims GDP forecast

September 20, 2023 | realmoney.thestreet.com

The Fed Won't Hike, But Will Jerome Powell Hint at a Dovish or Hawkish Bias?

September 18, 2023 | msn.com

Liz Truss defends record as PM and takes issue with claim she ‘crashed the economy’ with mini-budget – UK politics live

October 2, 2023 | Chaikin Analytics (Ad)

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September 12, 2023 | chicago.suntimes.com

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September 12, 2023 | forbes.com

PNC Student Loans Review 2023

September 8, 2023 | forbes.com

What Information Should You Share With A Financial Advisor?

September 8, 2023 | usatoday.com

How to start an LLC in Rhode Island

September 8, 2023 | markets.businessinsider.com

Byline Bancorp (BY) Receives a New Rating from Nomura

September 6, 2023 | realmoney.thestreet.com

These Bank and Small-Cap ETFs Aren't for the Faint of Heart

August 29, 2023 | markets.businessinsider.com

Piper Sandler Reaffirms Their Hold Rating on Midland States Bancrop (MSBI)

August 25, 2023 | forbes.com

Varo Believe Card Review 2023

August 18, 2023 | msn.com

Need a decent dining spot in Ottawa? Microsoft suggested a food bank

August 18, 2023 | finance.yahoo.com

Should Value Investors Consider Byline Bancorp (BY) Stock Now?

August 17, 2023 | forbes.com

You Should Get A Financial Advisor

August 16, 2023 | forbes.com

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August 15, 2023 | forbes.com

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August 15, 2023 | finance.yahoo.com

KBRA Releases Second-Quarter 2023 U.S. Bank Compendium

August 12, 2023 | msn.com

Amazon Is Closing Out Summer With Up to 72% Off Travel Clothing, Suitcases, and More for Prime Members

August 10, 2023 | msn.com

Byline Bancorp: Record Profits, Deleveraging, Value, And Momentum

August 9, 2023 | foxnews.com

Raskin rips GOP Biden probe as ‘embarrassing’ after release of more explosive bank records

August 9, 2023 | cnet.com

Credit Card Debt in the US Hits $1 Trillion for the First Time Ever

See More Headlines

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BY Company Calendar

Last Earnings: 7/27/2023
Ex-Dividend for 8/22 Dividend: 8/07/2023
Dividend Payable: 8/22/2023
Today: 10/02/2023
Next Earnings (Estimated): 10/26/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: State commercial banks
Sub-Industry: N/A
Sector: Finance
Current Symbol: NYSE:BY
CUSIP: N/A
CIK: 1702750
Web: www.bylinebancorp.com
Phone: (773) 244-7000
Fax: N/A
Employees: 977
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $28.50
High Stock Price Forecast: $29.00
Low Stock Price Forecast: $28.00
Forecasted Upside/Downside: +46.8%
Consensus Rating
Rating Score (0-4): 0.00
Research Coverage: 0 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.60
Trailing P/E Ratio: 7.47
Forward P/E Ratio: 7.27
P/E Growth: N/A
Net Income: $87.95 million
Net Margins: 22.38%
Pretax Margin: 29.40%
Return on Equity: 12.74%
Return on Assets: 1.34%

Debt

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

Sales & Book Value

Annual Sales: $358.87 million
Price / Sales: 2.36
Cash Flow: $2.63 per share
Price / Cash Flow: 7.38
Book Value: $20.44 per share
Price / Book: 0.95

Miscellaneous

Outstanding Shares: 43,690,000
Free Float: 28,383,000
Market Cap: $848.46 million
Optionable: Not Optionable
Beta: 1.20

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Key Executives

Mr. Roberto R. Herencia (Age 63)
Exec. Chairman & CEO
Comp: $1.56M

Mr. Alberto J. Paracchini (Age 52)
Pres & Director
Comp: $1M

Mr. Thomas J. Bell III (Age 57)
Exec. VP, Treasurer & CFO
Comp: $478.22k

Mr. Thomas Abraham (Age 58)
Pres of Small Bus. Capital
Comp: $768.69k

Ms. Maria Sherylle A. Olano (Age 45)
Sr. VP & Chief Accounting Officer

Mr. Brooks O. Rennie
Head of Investor Relations

Ms. Ana Casanueva (Age 39)
Sr. VP, Director of Legal & Sec. of the Board

Erin O'Neill
Director of Marketing

Mr. Mark Fucinato (Age 65)
Exec. VP & Chief Credit Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

BY Stock - Frequently Asked Questions

What is Byline Bancorp's stock price forecast for 2023?: 0 brokerages have issued 1-year price targets for Byline Bancorp's shares. Their BY share price forecasts range from $28.00 to $29.00. On average, they predict the company's stock price to reach $28.50 in the next twelve months. This suggests a possible upside of 46.8% from the stock's current price.
View analysts price targets for BY or view top-rated stocks among Wall Street analysts.
How have BY shares performed in 2023?: Byline Bancorp's stock was trading at $22.97 at the beginning of the year. Since then, BY stock has decreased by 15.5% and is now trading at $19.42.
View the best growth stocks for 2023 here.
Are investors shorting Byline Bancorp?: Byline Bancorp saw a drop in short interest in September. As of September 15th, there was short interest totaling 595,000 shares, a drop of 7.9% from the August 31st total of 646,000 shares. Based on an average daily volume of 109,200 shares, the short-interest ratio is presently 5.4 days. Approximately 2.1% of the company's shares are short sold.
View Byline Bancorp's Short Interest.
When is Byline Bancorp's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our BY earnings forecast.
How were Byline Bancorp's earnings last quarter?: Byline Bancorp, Inc. (NYSE:BY) issued its quarterly earnings data 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 firm had revenue of $90.46 million for the quarter, compared to the consensus estimate of $89 million. Byline Bancorp had a net margin of 22.38% and a trailing twelve-month return on equity of 12.74%.
How often does Byline Bancorp pay dividends? What is the dividend yield for Byline Bancorp?: Byline Bancorp announced 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 annualized dividend and a yield of 1.85%. The ex-dividend date of this dividend is Monday, August 7th.
Read our dividend analysis for BY.
Is Byline Bancorp a good dividend stock?: Byline Bancorp (NYSE:BY) pays an annual dividend of $0.36 per share and currently has a dividend yield of 1.83%. 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.
What is Alberto Paracchini's approval rating as Byline Bancorp's CEO?: 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.

What other stocks do shareholders of Byline Bancorp own?: 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).
When did Byline Bancorp IPO?: (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.
What is Byline Bancorp's stock symbol?: Byline Bancorp trades on the New York Stock Exchange (NYSE) under the ticker symbol "BY."
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Byline Bancorp's stock price today?: One share of BY stock can currently be purchased for approximately $19.42.
How much money does Byline Bancorp make?: Byline Bancorp (NYSE:BY) has a market capitalization of $848.46 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.
How many employees does Byline Bancorp have?: The company employs 977 workers across the globe.
How can I contact Byline Bancorp?: 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.

This page (NYSE:BY) was last updated on 10/2/2023 by MarketBeat.com Staff

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