Byline Bancorp - BY Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Byline Bancorp in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" BY shares.
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2 brokerages have issued 12 month price objectives for Byline Bancorp's shares. Their BY share price forecasts range from $26.00 to $26.00. On average, they expect the company's share price to reach $26.00 in the next year. This suggests a possible upside of 22.2% from the stock's current price.
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Byline Bancorp's stock was trading at $27.35 at the start of the year. Since then, BY stock has decreased by 22.2% and is now trading at $21.27.
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Byline Bancorp saw a increase in short interest in August. As of August 15th, there was short interest totaling 798,900 shares, an increase of 5.6% from the July 31st total of 756,500 shares. Based on an average daily trading volume, of 133,100 shares, the short-interest ratio is presently 6.0 days. Approximately 3.6% of the shares of the stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
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Byline Bancorp, Inc. (NYSE:BY) issued its quarterly earnings data on Thursday, July, 28th. The company reported $0.54 EPS for the quarter, topping analysts' consensus estimates of $0.51 by $0.03. The business had revenue of $75.79 million for the quarter, compared to analyst estimates of $75.85 million. Byline Bancorp had a trailing twelve-month return on equity of 11.92% and a net margin of 26.03%. During the same period last year, the business earned $0.77 EPS.

Byline Bancorp declared a quarterly dividend on Friday, July 29th. Investors of record on Tuesday, August 9th will be paid a dividend of $0.09 per share on Tuesday, August 23rd. This represents a $0.36 annualized dividend and a dividend yield of 1.69%. The ex-dividend date is Monday, August 8th.
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 1.67%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 16.14%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BY will have a dividend payout ratio of 15.06% 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 many different institutional and retail investors. Top institutional shareholders include Thrivent Financial for Lutherans (4.29%), Aristotle Capital Boston LLC (3.33%), State Street Corp (1.94%), Banc Funds Co. LLC (1.62%), FMR LLC (1.24%) and JPMorgan Chase & Co. (1.21%). Insiders that own company stock include Ana Casanueva, Brogan Ptacin, Hart Angela E Major, John Barkidjija, Lindsay Y Corby, Mary Jo S Herseth, Michelle Lynn Johnson, Owen Beacom, Phillip R Cabrera, Robert R Yohanan, Roberto R Herencia, Steven P Kent, Thomas J Bell III 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 $21.27.

Byline Bancorp (NYSE:BY) has a market capitalization of $797.63 million and generates $323.18 million in revenue each year. The company earns $92.79 million in net income (profit) each year or $2.23 on an earnings per share basis.

The company employs 929 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.