Should I buy or sell Byline Bancorp stock right now?

2 Wall Street equities research 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. The consensus among Wall Street equities research analysts is that investors should "moderate buy" BY shares. View BY analyst ratings or view top-rated stocks .

What is Byline Bancorp's stock price target for 2024?

2 brokers have issued 12-month target prices for Byline Bancorp's shares. Their BY share price targets range from $25.00 to $28.00. On average, they expect the company's share price to reach $26.50 in the next year. This suggests a possible upside of 32.0% from the stock's current price. View analysts price targets for BY or view top-rated stocks among Wall Street analysts .

How have BY shares performed in 2024?

Byline Bancorp's stock was trading at $23.56 at the start of the year. Since then, BY shares have decreased by 14.8% and is now trading at $20.08. View the best growth stocks for 2024 here .

Are investors shorting Byline Bancorp?

Byline Bancorp saw a decrease in short interest in March. As of March 31st, there was short interest totaling 405,600 shares, a decrease of 7.2% from the March 15th total of 437,300 shares. Based on an average trading volume of 100,400 shares, the short-interest ratio is presently 4.0 days. Approximately 1.6% of the company's shares are short sold. View Byline Bancorp's Short Interest .

When is Byline Bancorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024. View our BY earnings forecast .

How can I listen to Byline Bancorp's earnings call?

Byline Bancorp will be holding an earnings conference call on Friday, April 26th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 866-813-9403 with passcode "454029".

How were Byline Bancorp's earnings last quarter?

Byline Bancorp, Inc. (NYSE:BY) posted its quarterly earnings results on Thursday, January, 25th. The company reported $0.73 earnings per share for the quarter, topping analysts' consensus estimates of $0.67 by $0.06. The business earned $100.79 million during the quarter, compared to analyst estimates of $101.07 million. Byline Bancorp had a net margin of 20.13% and a trailing twelve-month return on equity of 13.27%.

How often does Byline Bancorp pay dividends? What is the dividend yield for Byline Bancorp?

Byline Bancorp declared a quarterly dividend on Thursday, January 25th. Shareholders of record on Tuesday, February 6th will be given a dividend of $0.09 per share on Tuesday, February 20th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.79%. The ex-dividend date is Monday, February 5th. Read our dividend analysis for BY .

Is Byline Bancorp a good dividend stock?

Byline Bancorp (NYSE:BY) pays an annual dividend of $0.36 per share and currently has a dividend yield of 1.80%. The dividend payout ratio is 13.48%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BY will have a dividend payout ratio of 14.46% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for BY .

What is Alberto Paracchini's approval rating as Byline Bancorp's CEO?

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.

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 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) .

When did Byline Bancorp IPO?

Byline Bancorp (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) acted as the underwriters for the IPO and Piper Jaffray, Sandler O’Neill + Partners and Stephens were co-managers.

How do I buy shares of Byline Bancorp?

Shares of BY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:BY

Byline Bancorp (BY) Stock Price, News & Analysis

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Free BY Stock Alerts

$20.08

+0.22 (+1.11%)

(As of 04/18/2024 ET)

Compare

Today's Range: $19.84
▼
$20.12
50-Day Range: $19.82
▼
$21.72
52-Week Range: $16.40
▼
$24.52

Volume: 82,082 shs
Average Volume: 97,173 shs
Market Capitalization: $891.15 million

P/E Ratio: 7.52
Dividend Yield: 1.79%
Price Target: $26.50

Get Byline Bancorp alerts:

Byline Bancorp MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 32.0% Upside
$26.50 Price Target
Short Interest: Healthy
1.62% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.21
Based on 6 Articles This Week
Insider Trading: Selling Shares
$598,238 Sold Last Quarter
Proj. Earnings Growth: -1.58%
From $2.53 to $2.49 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.26 out of 5 stars

Finance Sector

242nd out of 822 stocks

State Commercial Banks Industry

59th out of 172 stocks

3.3

Analyst's Opinion

Consensus Rating
Byline Bancorp has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Byline Bancorp has only been the subject of 2 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
1.62% of the float of Byline Bancorp has been sold short.
Short Interest Ratio / Days to Cover
Byline Bancorp has a short interest ratio ("days to cover") of 4.
Change versus previous month
Short interest in Byline Bancorp has recently decreased by 7.25%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Yield
Byline Bancorp pays a meaningful dividend of 1.80%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Byline Bancorp does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Byline Bancorp is 13.48%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Byline Bancorp will have a dividend payout ratio of 14.46% next year. This indicates that Byline Bancorp will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for BY.

1.8

News and Social Media Coverage

News Sentiment
Byline Bancorp has a news sentiment score of 0.21. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Byline Bancorp this week, compared to 5 articles on an average week.
Search Interest
Only 1 people have searched for BY on MarketBeat in the last 30 days. This is a decrease of -83% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Byline Bancorp to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

5.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Byline Bancorp insiders have sold 173.41% more of their company's stock than they have bought. Specifically, they have bought $218,810.00 in company stock and sold $598,238.00 in company stock.
Percentage Held by Insiders
35.04% 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 Institutions
67.73% of the stock of Byline Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Byline Bancorp are expected to decrease by -1.58% in the coming year, from $2.53 to $2.49 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Byline Bancorp is 7.52, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.80.
Price to Earnings Ratio vs. Sector
The P/E ratio of Byline Bancorp is 7.52, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 58.74.
Price to Book Value per Share Ratio
Byline Bancorp has a P/B Ratio of 0.89. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Byline Bancorp Stock (NYSE:BY)

Byline Bancorp, Inc. operates as the bank holding company for Byline Bank that provides various banking products and services for small and medium sized businesses, commercial real estate and financial sponsors, and consumers in the United States. It offers various retail deposit products, including non-interest-bearing accounts, money market demand accounts, savings accounts, interest-bearing checking accounts, and time deposits; ATM and debit cards; and online, mobile, and text banking services, as well as commercial deposits. The company also provides term loans, revolving lines of credit, and construction financing services; senior secured financing solutions to private equity backed lower middle market companies; small business administration and united states department of agriculture loans; and treasury management products and services. In addition, it offers financing solutions for equipment vendors and their end users; syndication services; and investment, trust, and wealth management services that include fiduciary and executor services, financial planning solutions, investment advisory services, and private banking services for foundations and endowments, and high net worth individuals. The company was formerly known as Metropolitan Bank Group, Inc. and changed its name to Byline Bancorp, Inc. in 2015. Byline Bancorp, Inc. was founded in 1914 and is headquartered in Chicago, Illinois.

BY Stock Price History

30 days | 90 days | 365 days | Advanced Chart

BY Stock News Headlines

April 19, 2024 | seekingalpha.com

April 18, 2024 | americanbankingnews.com

Byline Bancorp (BY) Set to Announce Quarterly Earnings on Thursday

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

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April 17, 2024 | yahoo.com

Frank Turner Will Attempt to Break World Record for Most Shows Played in Different Cities in 24 Hours

April 16, 2024 | americanbankingnews.com

Byline Bancorp, Inc. (NYSE:BY) Short Interest Down 7.2% in March

April 13, 2024 | msn.com

Dodgers star Shohei Ohtani's ex-interpreter charged with bank fraud after $16 million gambling debacle

April 3, 2024 | newsweek.com

How To Start an LLC in Georgia 2024: Step-by-step Guide

April 3, 2024 | businesswire.com

Byline Bancorp, Inc. to Announce First Quarter 2024 Financial Results on Thursday, April 25

April 19, 2024 | DTI (Ad)

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March 23, 2024 | finance.yahoo.com

Byline Bancorp, Inc. (NYSE:BY) has caught the attention of institutional investors who hold a sizeable 42% stake

March 21, 2024 | msn.com

FBI: Man robs North Side bank

March 20, 2024 | msn.com

Masked robber hits Chicago bank branch: FBI

March 20, 2024 | msn.com

FBI searching for suspect in Rogers Park bank robbery

March 20, 2024 | msn.com

Bank robbed on Chicago's North Side, suspect at large

March 20, 2024 | newsweek.com

10 Best Merchant Account Service Providers of March 2024

March 20, 2024 | msn.com

Bank robber arrested while waiting for bus in west suburban Chicago

March 19, 2024 | markets.businessinsider.com

Byline Bank Commercial Real Estate Group Provides $12M to Finance the Construction of Retail Building for Time Equities

March 19, 2024 | msn.com

Pulp Announce First North American Tour Since 2012

March 19, 2024 | msn.com

UPDATE 2-Australia's Central Bank Holds Rates as Expected, Waters Down Tightening Bias

March 18, 2024 | msn.com

Fletcher announces North American tour: dates, tickets and presale info

March 18, 2024 | msn.com

‘The Songs Came Back to Life’: Pulp Announce First North American Tour in a Decade

March 17, 2024 | msn.com

FOREX-US dollar set for best weekly gain since mid-January, yen eases ahead of BOJ next week

March 17, 2024 | forbes.com

Ariana Grande’s ‘Eternal Sunshine’ Debuts At No. 1 On Billboard’s Albums Chart

March 17, 2024 | forbes.com

Taylor Swift’s Latest Single Is On The Rise–But It’s About To Be Outshined

March 15, 2024 | msn.com

RNC backtracks on controversial plans to kill community centers in neighborhoods of color

March 15, 2024 | yahoo.com

What to do around Chicago for St. Patrick’s Day weekend

March 15, 2024 | yahoo.com

Gunna And Offset Team Up In “Prada Dem” Music Video

See More Headlines

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Company Calendar

Last Earnings: 1/25/2024
Ex-Dividend for 2/20 Dividend: 2/05/2024
Dividend Payable: 2/20/2024
Today: 4/18/2024
Next Earnings (Confirmed): 4/25/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Finance
Industry: State commercial banks
Sub-Industry: N/A
Current Symbol: NYSE:BY
CUSIP: N/A
CIK: 1702750
Web: www.bylinebancorp.com
Phone: (773) 244-7000
Fax: N/A
Employees: 1,055
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $26.50
High Stock Price Target: $28.00
Low Stock Price Target: $25.00
Potential Upside/Downside: +32.1%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.67
Trailing P/E Ratio: 7.51
Forward P/E Ratio: 7.93
P/E Growth: N/A
Net Income: $107.88 million
Net Margins: 20.13%
Pretax Margin: 27.19%
Return on Equity: 13.27%
Return on Assets: 1.42%

Debt

Debt-to-Equity Ratio: 0.35
Current Ratio: 0.92
Quick Ratio: 0.91

Sales & Book Value

Annual Sales: $535.79 million
Price / Sales: 1.66
Cash Flow: $2.63 per share
Price / Cash Flow: 7.64
Book Value: $22.65 per share
Price / Book: 0.89

Miscellaneous

Outstanding Shares: 44,380,000
Free Float: 28,829,000
Market Cap: $890.26 million
Optionable: Optionable
Beta: 1.14

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Key Executives

Mr. Roberto R. Herencia (Age 64)
Executive Chairman of the Board & CEO
Comp: $1.56M
Mr. Alberto J. Paracchini (Age 53)
President & Director
Comp: $1M
Mr. Thomas J. Bell III (Age 58)
Executive VP, Treasurer & CFO
Comp: $478.22k
Mr. Brogan M. Ptacin (Age 63)
Executive VP & Head of Commercial Banking
Comp: $543.53k
Mr. Thomas Abraham (Age 58)
President of Small Business Capital
Comp: $768.69k
Mr. Nicolas Mando (Age 51)
Senior VP & Chief Technology and Operations Officer
Ms. Maria Sherylle A. Olano (Age 45)
Senior VP & Chief Accounting Officer
Mr. Brooks O. Rennie
Head of Investor Relations
Ms. Ana Casanueva (Age 39)
Senior VP, Director of Legal & Secretary of the Board
Ms. Dana Rose (Age 53)
Executive VP & Chief Human Resources Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

BY Stock Analysis - Frequently Asked Questions

Should I buy or sell Byline Bancorp stock right now?: 2 Wall Street equities research 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. The consensus among Wall Street equities research analysts is that investors should "moderate buy" BY shares.
View BY analyst ratings or view top-rated stocks.
What is Byline Bancorp's stock price target for 2024?: 2 brokers have issued 12-month target prices for Byline Bancorp's shares. Their BY share price targets range from $25.00 to $28.00. On average, they expect the company's share price to reach $26.50 in the next year. This suggests a possible upside of 32.0% from the stock's current price.
View analysts price targets for BY or view top-rated stocks among Wall Street analysts.
How have BY shares performed in 2024?: Byline Bancorp's stock was trading at $23.56 at the start of the year. Since then, BY shares have decreased by 14.8% and is now trading at $20.08.
View the best growth stocks for 2024 here.
Are investors shorting Byline Bancorp?: Byline Bancorp saw a decrease in short interest in March. As of March 31st, there was short interest totaling 405,600 shares, a decrease of 7.2% from the March 15th total of 437,300 shares. Based on an average trading volume of 100,400 shares, the short-interest ratio is presently 4.0 days. Approximately 1.6% of the company's shares are short sold.
View Byline Bancorp's Short Interest.
When is Byline Bancorp's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our BY earnings forecast.
How can I listen to Byline Bancorp's earnings call?: Byline Bancorp will be holding an earnings conference call on Friday, April 26th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 866-813-9403 with passcode "454029".
How were Byline Bancorp's earnings last quarter?: Byline Bancorp, Inc. (NYSE:BY) posted its quarterly earnings results on Thursday, January, 25th. The company reported $0.73 earnings per share for the quarter, topping analysts' consensus estimates of $0.67 by $0.06. The business earned $100.79 million during the quarter, compared to analyst estimates of $101.07 million. Byline Bancorp had a net margin of 20.13% and a trailing twelve-month return on equity of 13.27%.

How often does Byline Bancorp pay dividends? What is the dividend yield for Byline Bancorp?: Byline Bancorp declared a quarterly dividend on Thursday, January 25th. Shareholders of record on Tuesday, February 6th will be given a dividend of $0.09 per share on Tuesday, February 20th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.79%. The ex-dividend date is Monday, February 5th.
Read our dividend analysis for BY.
Is Byline Bancorp a good dividend stock?: Byline Bancorp (NYSE:BY) pays an annual dividend of $0.36 per share and currently has a dividend yield of 1.80%. The dividend payout ratio is 13.48%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BY will have a dividend payout ratio of 14.46% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BY.
What is Alberto Paracchini's approval rating as Byline Bancorp's CEO?: 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.
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 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).
When did Byline Bancorp IPO?: Byline Bancorp (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) acted as the underwriters for the IPO and Piper Jaffray, Sandler O’Neill + Partners and Stephens were co-managers.
How do I buy shares of Byline Bancorp?: Shares of BY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:BY) was last updated on 4/19/2024 by MarketBeat.com Staff

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Byline Bancorp (BY) Stock Price, News & Analysis

Byline Bancorp MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Byline Bancorp Stock (NYSE:BY)

BY Stock Price History

BY Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

BY Stock Analysis - Frequently Asked Questions

Overall MarketRank^™