Byline Bancorp (NYSE:BY) Reaches New 52-Week High on Strong Earnings

Byline Bancorp, Inc. (NYSE:BYGet Free Report) hit a new 52-week high during trading on Friday after the company announced better than expected quarterly earnings. The company traded as high as $39.13 and last traded at $39.1490, with a volume of 79977 shares trading hands. The stock had previously closed at $37.64.

The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.79 by $0.12. The business had revenue of $117.71 million during the quarter, compared to the consensus estimate of $115.78 million. Byline Bancorp had a net margin of 23.36% and a return on equity of 11.94%.

Byline Bancorp Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, August 18th. Shareholders of record on Tuesday, August 4th will be paid a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 1.4%. This is a positive change from Byline Bancorp’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend is Tuesday, August 4th. Byline Bancorp’s payout ratio is 14.50%.

Trending Headlines about Byline Bancorp

Here are the key news stories impacting Byline Bancorp this week:

  • Positive Sentiment: Byline Bancorp beat Q2 expectations, reporting EPS of $0.91 versus the $0.79 consensus and revenue of $117.7 million versus $115.8 million expected, which suggests solid underlying earnings momentum. Article: Byline Bancorp (BY) Q2 Earnings and Revenues Top Estimates
  • Positive Sentiment: The company announced a quarterly dividend of $0.14 per share, up 16.7% from $0.12 previously, signaling confidence in capital generation and shareholder returns.
  • Positive Sentiment: Management described the quarter as delivering “strong” results with record revenues and improved non-interest income, which may support bullish sentiment toward Byline Bancorp’s operating trend. Article: Byline Bancorp, Inc. Reports Second Quarter 2026 Financial Results
  • Neutral Sentiment: Analysts and market coverage are also digesting the earnings call transcript and key-metrics breakdown, which should help investors assess whether the quarter’s outperformance is sustainable. Article: Byline Bancorp, Inc. (BY) Q2 2026 Earnings Call Transcript
  • Negative Sentiment: Zacks Research downgraded Byline Bancorp from “strong-buy” to “hold,” which may cap upside as some investors reassess valuation after the post-earnings move.

Analysts Set New Price Targets

A number of research firms have recently weighed in on BY. Raymond James Financial initiated coverage on Byline Bancorp in a report on Wednesday, July 8th. They set a “market perform” rating for the company. Piper Sandler boosted their price objective on shares of Byline Bancorp from $37.00 to $40.00 and gave the company an “overweight” rating in a report on Monday, April 27th. Zacks Research cut shares of Byline Bancorp from a “strong-buy” rating to a “hold” rating in a research report on Wednesday. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Byline Bancorp in a research note on Wednesday, May 13th. Two research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Byline Bancorp presently has an average rating of “Hold” and an average price target of $36.00.

Read Our Latest Report on Byline Bancorp

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Empowered Funds LLC boosted its position in shares of Byline Bancorp by 5.0% during the first quarter. Empowered Funds LLC now owns 202,525 shares of the company’s stock worth $6,394,000 after buying an additional 9,600 shares during the period. Bank of America Corp DE grew its stake in shares of Byline Bancorp by 11.3% in the first quarter. Bank of America Corp DE now owns 135,836 shares of the company’s stock valued at $4,288,000 after buying an additional 13,763 shares in the last quarter. Royal Bank of Canada raised its holdings in shares of Byline Bancorp by 58.3% in the 1st quarter. Royal Bank of Canada now owns 2,332 shares of the company’s stock valued at $73,000 after buying an additional 859 shares during the period. Quantinno Capital Management LP raised its holdings in shares of Byline Bancorp by 18.5% in the 1st quarter. Quantinno Capital Management LP now owns 19,396 shares of the company’s stock valued at $612,000 after buying an additional 3,026 shares during the period. Finally, First Trust Advisors LP lifted its stake in Byline Bancorp by 2.1% during the 1st quarter. First Trust Advisors LP now owns 86,509 shares of the company’s stock worth $2,731,000 after acquiring an additional 1,779 shares in the last quarter. 67.73% of the stock is currently owned by institutional investors and hedge funds.

Byline Bancorp Stock Performance

The company has a 50 day moving average of $35.60 and a 200-day moving average of $33.20. The stock has a market cap of $1.75 billion, a price-to-earnings ratio of 11.67 and a beta of 0.72.

Byline Bancorp Company Profile

(Get Free Report)

Byline Bancorp, Inc is the bank holding company for Byline Bank, a full-service commercial bank headquartered in Chicago, Illinois. Established under its current name in 2016, the company operates as a community-focused financial institution offering a broad array of banking products and services to corporate, professional and consumer clients.

On the commercial banking side, Byline Bancorp serves small and midsize businesses, real estate developers, professional services firms and nonprofit organizations.

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