Byline Bancorp, Inc. operates as the bank holding company for Byline Bank that provides a range of banking products and services to small and medium sized businesses, commercial real estate and financial sponsors, and consumers in the United States. It offers non-interest bearing accounts, money market demand accounts, savings accounts, interest bearing checking accounts, and time deposits, as well as certificates of deposit. The company also provides commercial loan products and services, including term loans, revolving lines of credit, construction financing, and cash management products; small business administration loans; and small ticket equipment leasing services, as well as online, mobile, and direct banking services. It operates through 55 branch offices in Chicago metropolitan area; and 1 branch office in Brookfield, Wisconsin. The company was formerly known as Metropolitan Bank Group, Inc. and changed its name to Byline Bancorp, Inc. in 2015. Byline Bancorp, Inc. was incorporated in 1978 and is headquartered in Chicago, Illinois.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNYSE:BY
Previous Symbol
CUSIPN/A
Phone773-244-7000
Debt
Debt-to-Equity Ratio0.69
Current Ratio0.93
Quick Ratio0.93
Price-To-Earnings
Trailing P/E Ratio40.75
Forward P/E Ratio16.05
P/E Growth1.63
Sales & Book Value
Annual Sales$186.86 million
Price / Sales4.11
Cash Flow$0.1742 per share
Price / Cash121.66
Book Value$15.29 per share
Price / Book1.39
Profitability
EPS (Most Recent Fiscal Year)$0.52
Net Income$21.69 million
Net Margins10.15%
Return on Equity7.75%
Return on Assets1.00%
Miscellaneous
Employees844
Outstanding Shares36,220,000
Market Cap$778.71 million
OptionableNot Optionable
Byline Bancorp (NYSE:BY) Frequently Asked Questions
What is Byline Bancorp's stock symbol?
Byline Bancorp trades on the New York Stock Exchange (NYSE) under the ticker symbol "BY."
How were Byline Bancorp's earnings last quarter?
Byline Bancorp Inc (NYSE:BY) issued its quarterly earnings results on Friday, October, 26th. The company reported $0.40 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.34 by $0.06. The business earned $63.74 million during the quarter, compared to analyst estimates of $62.82 million. Byline Bancorp had a net margin of 10.15% and a return on equity of 7.75%. View Byline Bancorp's Earnings History.
When is Byline Bancorp's next earnings date?
What price target have analysts set for BY?
2 brokerages have issued twelve-month price objectives for Byline Bancorp's shares. Their forecasts range from $23.00 to $27.00. On average, they expect Byline Bancorp's share price to reach $25.00 in the next twelve months. This suggests a possible upside of 18.0% from the stock's current price. View Analyst Price Targets for Byline Bancorp.
What is the consensus analysts' recommendation for Byline Bancorp?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Byline Bancorp in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Byline Bancorp.
Has Byline Bancorp been receiving favorable news coverage?
News coverage about BY stock has trended somewhat positive this week, according to InfoTrie Sentiment. The research firm identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Byline Bancorp earned a coverage optimism score of 0.5 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the company's share price in the immediate future.
Who are some of Byline Bancorp's key competitors?
Some companies that are related to Byline Bancorp include Texas Capital Bancshares (TCBI), Columbia Banking System (COLB), International Bancshares (IBOC), Bancorpsouth Bank (BXS), South State (SSB), CVB Financial (CVBF), First Interstate Bancsystem (FIBK), Union Bankshares (UBSH), Independent Bank (INDB), Great Western Bancorp (GWB), Ameris Bancorp (ABCB), Renasant (RNST), United Community Banks (UCBI), First Bancorp (FBP) and TowneBank (TOWN).
Who are Byline Bancorp's key executives?
Byline Bancorp's management team includes the folowing people:
- Mr. Alberto J. Paracchini, Pres, CEO & Director (Age 47)
- Ms. Lindsay Y. Corby, Exec. VP & CFO (Age 40)
- Mr. Bruce W. Lammers, Pres of Small Bus. Capital - Byline Bank (Age 62)
- Ms. Allyson Pooley, Investor Relations Contact, Financial Profiles, Inc.
- Mr. Timothy C. Hadro, Exec. VP & Chief Credit Officer (Age 67)
When did Byline Bancorp IPO?
(BY) raised $114 million in an initial public offering 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.
Who are Byline Bancorp's major shareholders?
Byline Bancorp's stock is owned by a number of of institutional and retail investors. Top institutional investors include GFS Advisors LLC (5.63%), Jennison Associates LLC (4.56%), BlackRock Inc. (2.32%), Banc Funds Co. LLC (1.34%), Aristotle Capital Boston LLC (1.28%) and Eagle Boston Investment Management Inc. (1.07%). Company insiders that own Byline Bancorp stock include Alberto J Paracchini, Bruce W Lammers, Donald J Meyer, Lindsay Y Corby, Richard Schobert, Roberto R Herencia and Thomas J Bell III. View Institutional Ownership Trends for Byline Bancorp.
Which institutional investors are selling Byline Bancorp stock?
BY stock was sold by a variety of institutional investors in the last quarter, including Banc Funds Co. LLC and Russell Investments Group Ltd.. Company insiders that have sold Byline Bancorp company stock in the last year include Bruce W Lammers and Donald J Meyer. View Insider Buying and Selling for Byline Bancorp.
Which institutional investors are buying Byline Bancorp stock?
BY stock was bought by a variety of institutional investors in the last quarter, including GFS Advisors LLC, Jennison Associates LLC, Aristotle Capital Boston LLC, Eagle Boston Investment Management Inc., Renaissance Technologies LLC, GSA Capital Partners LLP, First Trust Advisors LP and Cibc Bank USA. Company insiders that have bought Byline Bancorp stock in the last two years include Alberto J Paracchini, Lindsay Y Corby, Richard Schobert, Roberto R Herencia and Thomas J Bell III. View Insider Buying and Selling for Byline Bancorp.
How do I buy shares of Byline Bancorp?
Shares of BY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Byline Bancorp's stock price today?
One share of BY stock can currently be purchased for approximately $21.19.
How big of a company is Byline Bancorp?
Byline Bancorp has a market capitalization of $778.71 million and generates $186.86 million in revenue each year. The company earns $21.69 million in net income (profit) each year or $0.52 on an earnings per share basis. Byline Bancorp employs 844 workers across the globe.
What is Byline Bancorp's official website?
How can I contact Byline Bancorp?
Byline Bancorp's mailing address is 180 NORTH LASALLE STREET SUITE 300, CHICAGO IL, 60601. The company can be reached via phone at 773-244-7000 or via email at [email protected]
MarketBeat Community Rating for Byline Bancorp (NYSE BY)
MarketBeat's community ratings are surveys of what our community members think about Byline Bancorp and other stocks. Vote "Outperform" if you believe BY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BY will underperform the S&P 500 over the long term. You may vote once every thirty days.
