Byline Bancorp (NYSE:BY – Get Free Report) is anticipated to issue its Q2 2025 quarterly earnings data after the market closes on Thursday, July 24th. Analysts expect the company to announce earnings of $0.67 per share and revenue of $106.95 million for the quarter.
Byline Bancorp (NYSE:BY – Get Free Report) last issued its quarterly earnings results on Thursday, April 24th. The company reported $0.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.62 by $0.03. Byline Bancorp had a net margin of 19.10% and a return on equity of 11.00%. The business had revenue of $103.08 million for the quarter, compared to analyst estimates of $100.82 million. On average, analysts expect Byline Bancorp to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Byline Bancorp Stock Up 0.6%
Shares of Byline Bancorp stock opened at $27.70 on Thursday. The company’s 50-day simple moving average is $26.59 and its 200-day simple moving average is $26.97. Byline Bancorp has a 52-week low of $22.63 and a 52-week high of $32.89. The firm has a market cap of $1.28 billion, a price-to-earnings ratio of 10.26 and a beta of 0.84.
Byline Bancorp Announces Dividend
Analyst Upgrades and Downgrades
Separately, Hovde Group set a $32.00 price objective on shares of Byline Bancorp in a research note on Monday, May 19th.
Read Our Latest Report on Byline Bancorp
Insider Activity at Byline Bancorp
In other news, EVP Megan Biggam sold 3,611 shares of the stock in a transaction on Tuesday, June 10th. The shares were sold at an average price of $26.75, for a total transaction of $96,594.25. Following the transaction, the executive vice president owned 17,630 shares in the company, valued at $471,602.50. This represents a 17.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Phillip R. Cabrera acquired 2,360 shares of the firm’s stock in a transaction that occurred on Wednesday, June 11th. The shares were purchased at an average cost of $24.75 per share, with a total value of $58,410.00. Following the completion of the acquisition, the director owned 3,960 shares in the company, valued at $98,010. This trade represents a 147.50% increase in their position. The disclosure for this purchase can be found here. 28.79% of the stock is owned by corporate insiders.
Institutional Trading of Byline Bancorp
Hedge funds have recently bought and sold shares of the stock. AQR Capital Management LLC increased its position in shares of Byline Bancorp by 34.4% during the 1st quarter. AQR Capital Management LLC now owns 137,998 shares of the company’s stock worth $3,610,000 after purchasing an additional 35,324 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Byline Bancorp by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,491 shares of the company’s stock worth $484,000 after purchasing an additional 770 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Byline Bancorp by 7.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 76,245 shares of the company’s stock valued at $1,995,000 after acquiring an additional 5,213 shares in the last quarter. Finally, Jane Street Group LLC increased its position in Byline Bancorp by 71.0% in the 1st quarter. Jane Street Group LLC now owns 152,478 shares of the company’s stock valued at $3,989,000 after acquiring an additional 63,317 shares in the last quarter. 67.73% of the stock is owned by institutional investors.
Byline Bancorp Company Profile
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.
Featured Stories
- Five stocks we like better than Byline Bancorp
- What is the Hang Seng index?
- 3 Stocks to Cushion Your Portfolio This Earnings Season
- Overbought Stocks Explained: Should You Trade Them?
- This Fund Manager Says You Should Get Out of Tesla and Apple—Now
- Trading Stocks: RSI and Why it’s Useful
- JNJ’s Stock Price Is Back in Rally Mode—The Time to Buy Is Now
Receive News & Ratings for Byline Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Byline Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.