NYSE:BYByline Bancorp Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Byline Bancorp Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $12.14 +0.05 (+0.41 %) (As of 06/3/2020 04:00 PM ET) Add Compare Share Today's Range$12.00Now: $12.14▼$12.4650-Day Range$8.96MA: $10.93▼$13.2952-Week Range$8.13Now: $12.14▼$20.73Volume58,300 shsAverage Volume126,554 shsMarket Capitalization$465.97 millionP/E Ratio10.03Dividend Yield0.99%Beta1.55 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsSocial Media 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 57 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.Read More Beat the Market (BTM) Rank™ 3.5 Analyst's Opinion Consensus RatingByline Bancorp has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $19.50, Byline Bancorp has a potential upside of 60.6% from its current price of $12.14.Amount of Analyst CoverageByline Bancorp has only been the subject of 1 research reports in the past 90 days. Previous Next 2.2 Community Rank Outperform VotesByline Bancorp has received 157 “outperform” votes. (Add your “outperform” vote.)Underperform VotesByline Bancorp has received 197 “underperform” votes. (Add your “underperform” vote.)Community SentimentByline Bancorp has received 55.65% “underperform” votes from our community.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. Previous Next 3.3 Dividend Strength Dividend LeadershipByline Bancorp is a leading dividend payer. It pays a dividend yield of 0.99%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthByline Bancorp does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Byline Bancorp is 7.41 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Byline Bancorp will have a dividend payout ratio of 12.63 % next year. This indicates that Byline Bancorp will be able to sustain or increase its dividend. Previous Next 5.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Byline Bancorp insiders have bought 175.17% more of their company's stock than they have sold. Specifically, they have bought $25,541.00 in company stock and sold $9,282.00 in company stock.Percentage Held by Insiders39.21% of the stock of Byline Bancorp is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions40.91% of the stock of Byline Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Byline Bancorp are expected to grow by 5.56% in the coming year, from $0.90 to $0.95 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Byline Bancorp is 10.03, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.11.Price to Earnings Ratio vs. SectorThe P/E ratio of Byline Bancorp is 10.03, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.64.Price to Earnings Growth RatioByline Bancorp has a PEG Ratio of 1.34. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioByline Bancorp has a P/B Ratio of 0.63. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 2.2Dividend Strength: 3.3Insider Behavior: 5.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™3.31 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry State commercial banks Sub-IndustryN/A SectorFinance Current SymbolNYSE:BY Previous Symbol CUSIPN/A CIK1702750 Webwww.bylinebancorp.com Phone773-244-7000Debt Debt-to-Equity RatioN/A Current Ratio0.82 Quick Ratio0.81Price-To-Earnings Trailing P/E Ratio10.03 Forward P/E Ratio13.49 P/E Growth1.34 Sales & Book Value Annual Sales$320.31 million Price / Sales1.45 Cash Flow$1.47 per share Price / Cash Flow8.25 Book Value$19.38 per share Price / Book0.63Profitability EPS (Most Recent Fiscal Year)$1.62 Net Income$57 million Net Margins14.82% Return on Equity7.06% Return on Assets0.93%Miscellaneous Employees1,001 Outstanding Shares38,383,000Market Cap$465.97 million Next Earnings Date7/23/2020 (Estimated) OptionableNot Optionable BY Rates by TradingView Receive BY News and Ratings via Email Sign-up to receive the latest news and ratings for BY and its competitors with MarketBeat's FREE daily newsletter. Byline Bancorp (NYSE:BY) Frequently Asked Questions How has Byline Bancorp's stock been impacted by COVID-19 (Coronavirus)? Byline Bancorp's stock was trading at $12.61 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, BY stock has decreased by 3.7% and is now trading at $12.14. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Byline Bancorp? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Byline Bancorp in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Byline Bancorp. When is Byline Bancorp's next earnings date? Byline Bancorp is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Byline Bancorp. How were Byline Bancorp's earnings last quarter? Byline Bancorp Inc (NYSE:BY) announced its quarterly earnings results on Thursday, April, 30th. The company reported $0.09 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.27 by $0.18. The business had revenue of $62 million for the quarter, compared to the consensus estimate of $64.53 million. Byline Bancorp had a return on equity of 7.06% and a net margin of 14.82%. View Byline Bancorp's earnings history. How often does Byline Bancorp pay dividends? What is the dividend yield for Byline Bancorp? Byline Bancorp announced a quarterly dividend on Friday, March 13th. Shareholders of record on Tuesday, March 24th will be given a dividend of $0.03 per share on Tuesday, April 7th. This represents a $0.12 dividend on an annualized basis and a yield of 0.99%. The ex-dividend date of this dividend is Monday, March 23rd. View Byline Bancorp's dividend history. What price target have analysts set for BY? 2 equities research analysts have issued twelve-month price targets for Byline Bancorp's shares. Their forecasts range from $17.00 to $22.00. On average, they expect Byline Bancorp's share price to reach $19.50 in the next twelve months. This suggests a possible upside of 60.6% from the stock's current price. View analysts' price targets for Byline Bancorp. Has Byline Bancorp been receiving favorable news coverage? Media stories about BY stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Byline Bancorp earned a media sentiment score of 0.9 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutByline Bancorp. Are investors shorting Byline Bancorp? Byline Bancorp saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 327,600 shares, an increase of 20.0% from the April 30th total of 272,900 shares. Based on an average daily trading volume, of 118,200 shares, the days-to-cover ratio is currently 2.8 days. Currently, 1.4% of the shares of the company are sold short. View Byline Bancorp's Current Options Chain. Who are some of Byline Bancorp's key competitors? Some companies that are related to Byline Bancorp include South State (SSB), Columbia Banking System (COLB), Independent Bank Group (IBTX), Ameris Bancorp (ABCB), Hilltop (HTH), United Community Banks (UCBI), Texas Capital Bancshares (TCBI), TowneBank (TOWN), Renasant (RNST), Pacific Premier Bancorp (PPBI), Banner (BANR), First Bancorp (FBP), Heartland Financial USA (HTLF), Seacoast Banking Co. of Florida (SBCF) and Lakeland Financial (LKFN). View all competitors. What other stocks do shareholders of Byline Bancorp own? Based on aggregate information from My MarketBeat watchlists, some companies that other Byline Bancorp investors own include Invesco (IVZ), Emerson Electric (EMR), Mcdonald's (MCD), Altria Group (MO), Shopify (SHOP), AT&T (T), Axon Enterprise (AAXN), Ares Capital (ARCC), Bank of America (BAC) and Franklin Resources (BEN). Who are Byline Bancorp's key executives? Byline Bancorp's management team includes the following people: Mr. Alberto J. Paracchini, Pres, CEO & Director (Age 48)Ms. Lindsay Y. Corby, Exec. VP & CFO (Age 41)Mr. Bruce W. Lammers, Pres of Small Bus. Capital - Byline Bank (Age 63)Ms. Allyson Pooley, Investor Relations Contact, Financial Profiles, Inc.Mr. Timothy C. Hadro, Exec. VP & Chief Credit Officer (Age 68) When did Byline Bancorp IPO? (BY) raised $114 million in an initial public offering (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. What is Byline Bancorp's stock symbol? Byline Bancorp trades on the New York Stock Exchange (NYSE) under the ticker symbol "BY." Who are Byline Bancorp's major shareholders? Byline Bancorp's stock is owned by a number of institutional and retail investors. Top institutional shareholders include GFS Advisors LLC (5.30%), Aristotle Capital Boston LLC (3.04%), Jennison Associates LLC (2.42%), Banc Funds Co. LLC (2.16%), Russell Investments Group Ltd. (2.04%) and Mendon Capital Advisors Corp (1.22%). Company insiders that own Byline Bancorp stock include Alberto J Paracchini, Brogan Ptacin, Donald J Meyer, Lindsay Y Corby, Mary Jo S Herseth, Megan Biggam, Richard Schobert, Robert R Yohanan, Roberto R Herencia and William G Kistner. 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 Jennison Associates LLC, Mendon Capital Advisors Corp, Wells Fargo & Company MN, Morgan Stanley, UBS Group AG, IndexIQ Advisors LLC, Signet Financial Management LLC, and Martingale Asset Management L P. Company insiders that have sold Byline Bancorp company stock in the last year include Brogan Ptacin, and Lindsay Y Corby. View insider buying and selling activity for Byline Bancorp. Which major investors are buying Byline Bancorp stock? BY stock was acquired by a variety of institutional investors in the last quarter, including GFS Advisors LLC, Russell Investments Group Ltd., Banc Funds Co. LLC, Monarch Partners Asset Management LLC, Geode Capital Management LLC, Nuveen Asset Management LLC, Aristotle Capital Boston LLC, and Two Sigma Advisers LP. Company insiders that have bought Byline Bancorp stock in the last two years include Alberto J Paracchini, Mary Jo S Herseth, Roberto R Herencia, and William G Kistner. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Byline Bancorp's stock price today? One share of BY stock can currently be purchased for approximately $12.14. How big of a company is Byline Bancorp? Byline Bancorp has a market capitalization of $465.97 million and generates $320.31 million in revenue each year. The company earns $57 million in net income (profit) each year or $1.62 on an earnings per share basis. Byline Bancorp employs 1,001 workers across the globe. What is Byline Bancorp's official website? The official website for Byline Bancorp is www.bylinebancorp.com. 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] This page was last updated on 6/3/2020 by MarketBeat.com Staff
