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
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
SymbolNYSE:BY
CUSIPN/A
Phone773-244-7000
Debt
Debt-to-Equity Ratio0.84
Current Ratio0.93
Quick Ratio0.92
Price-To-Earnings
Trailing P/E Ratio39.10
Forward P/E Ratio20.00
P/E Growth1.93
Sales & Book Value
Annual Sales$186.86 million
Price / Sales3.78
Cash Flow$0.1839 per share
Price / Cash130.54
Book Value$15.29 per share
Price / Book1.57
Profitability
EPS (Most Recent Fiscal Year)$0.52
Net Income$21.69 million
Net Margins11.43%
Return on Equity6.56%
Return on Assets0.87%
Miscellaneous
Employees844
Outstanding Shares29,450,000
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 (NYSE:BY) announced its earnings results on Friday, April, 27th. The company reported $0.21 EPS for the quarter, missing the Zacks' consensus estimate of $0.27 by $0.06. The firm earned $45.12 million during the quarter, compared to the consensus estimate of $44.10 million. Byline Bancorp had a return on equity of 6.56% and a net margin of 11.43%. View Byline Bancorp's Earnings History.
What price target have analysts set for BY?
6 analysts have issued 12 month price targets for Byline Bancorp's stock. Their forecasts range from $22.50 to $27.00. On average, they anticipate Byline Bancorp's share price to reach $24.50 in the next year. View Analyst Ratings for Byline Bancorp.
Who are some of Byline Bancorp's key competitors?
Some companies that are related to Byline Bancorp include Union Bankshares (UBSH), CVB Financial (CVBF), Great Western Bancorp (GWB), United Community Bank (UCBI), First Interstate BancSystem (FIBK), TowneBank (TOWN), Renasant (RNST), ServisFirst Bancshares (SFBS), Hilltop (HTH), Independent Bank (INDB), Ameris Bancorp (ABCB), Eagle Bancorp (EGBN), Independent Bank Group (IBTX), Banner (BANR) and Pacific Premier Bancorp (PPBI).
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. Timothy C. Hadro, Exec. VP & Chief Credit Officer (Age 67)
- Ms. Allyson Pooley, Investor Relations Contact, Financial Profiles, Inc.
- Mr. Donald J. Meyer, Exec. VP of Commercial Banking (Age 67)
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 $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.
Has Byline Bancorp been receiving favorable news coverage?
Media stories about BY stock have trended somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Byline Bancorp earned a daily sentiment score of 0.18 on Accern's scale. They also assigned press coverage about the company an impact score of 46.47 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.
Who are Byline Bancorp's major shareholders?
Byline Bancorp's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (2.54%), Banc Funds Co. LLC (1.74%), Mendon Capital Advisors Corp (1.48%), RMB Capital Management LLC (1.04%), Eagle Boston Investment Management Inc. (1.04%) and EJF Capital LLC (0.85%). 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 major investors are selling Byline Bancorp stock?
BY stock was sold by a variety of institutional investors in the last quarter, including EJF Capital LLC, Millennium Management LLC, Mendon Capital Advisors Corp, Stifel Financial Corp, RMB Capital Management LLC and Next Century Growth Investors LLC. 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 major investors are buying Byline Bancorp stock?
BY stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Northern Trust Corp, Sei Investments Co., Schwab Charles Investment Management Inc., A.R.T. Advisors LLC, California State Teachers Retirement System, Rhumbline Advisers and GSA Capital Partners LLP. 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 $24.00.
How big of a company is Byline Bancorp?
Byline Bancorp has a market capitalization of $679.48 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.
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 (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.
