Byline Bancorp - BY Stock Forecast, Price & News

2 Wall Street equities 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 equities research analysts is that investors should "buy" BY shares.
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2 analysts have issued 1-year price objectives for Byline Bancorp's shares. Their BY share price forecasts range from $26.00 to $26.00. On average, they anticipate the company's share price to reach $26.00 in the next twelve months. This suggests a possible upside of 24.2% from the stock's current price.
View analysts price targets for BY or view top-rated stocks among Wall Street analysts.

Byline Bancorp's stock was trading at $27.35 at the start of the year. Since then, BY shares have decreased by 23.4% and is now trading at $20.94.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our BY earnings forecast.

Byline Bancorp, Inc. (NYSE:BY) posted its quarterly earnings results on Thursday, July, 28th. The company reported $0.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.03. The business earned $75.79 million during the quarter, compared to the consensus estimate of $75.85 million. Byline Bancorp had a net margin of 26.03% and a trailing twelve-month return on equity of 11.92%. During the same period in the prior year, the company posted $0.77 earnings per share.

Byline Bancorp announced a quarterly dividend on Friday, July 29th. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.72%. 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 1.70%. 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) 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."

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 $20.94.

Byline Bancorp (NYSE:BY) has a market capitalization of $785.25 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.