Byline Bancorp - BY Stock Forecast, Price & News

2 Wall Street 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 analysts is that investors should "buy" BY shares.
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2 Wall Street analysts have issued 1 year price targets for Byline Bancorp's shares. Their BY share price forecasts range from $26.00 to $28.00. On average, they expect the company's stock price to reach $27.00 in the next year. This suggests a possible upside of 4.7% from the stock's current price.
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Byline Bancorp's stock was trading at $22.97 at the beginning of the year. Since then, BY stock has increased by 12.3% and is now trading at $25.80.
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Byline Bancorp saw a increase in short interest during the month of December. As of December 30th, there was short interest totaling 959,900 shares, an increase of 7.1% from the December 15th total of 895,900 shares. Based on an average trading volume of 98,200 shares, the days-to-cover ratio is currently 9.8 days. Approximately 4.2% of the company's shares are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our BY earnings forecast.

Byline Bancorp, Inc. (NYSE:BY) announced its quarterly earnings data on Thursday, October, 28th. The company reported $0.69 EPS for the quarter, beating analysts' consensus estimates of $0.56 by $0.13. The business had revenue of $78.34 million for the quarter, compared to the consensus estimate of $75.55 million. Byline Bancorp had a trailing twelve-month return on equity of 11.78% and a net margin of 24.96%. During the same quarter in the previous year, the business earned $0.34 earnings per share.

Byline Bancorp declared a quarterly dividend on Thursday, January 26th. Investors of record on Tuesday, February 7th will be paid a dividend of $0.09 per share on Tuesday, February 21st. This represents a $0.36 dividend on an annualized basis and a yield of 1.40%. The ex-dividend date is Monday, February 6th.
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 1.41%. The dividend payout ratio is 15.13%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BY will have a dividend payout ratio of 14.81% 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 initial public offering on Friday, June 30th 2017. The company issued 5,700,000 shares at $19.00-$21.00 per share. BofA Merrill Lynch and Keefe, Bruyette & Woods (A Stifel Company) acted 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 retail and institutional investors. Top institutional shareholders include Emerald Mutual Fund Advisers Trust (0.12%), Allspring Global Investments Holdings LLC (0.07%), Strs Ohio (0.06%), SG Americas Securities LLC (0.04%), Zurcher Kantonalbank Zurich Cantonalbank (0.01%) and Romano Brothers AND Company (0.00%). Insiders that own company stock include Ana Casanueva, Brogan Ptacin, Hart Angela E Major, Investors I LP Mbg, 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, 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 $25.80.

Byline Bancorp (NYSE:BY) has a market capitalization of $966.73 million and generates $358.87 million in revenue each year. The company earns $87.95 million in net income (profit) each year or $2.38 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.