Byline Bancorp Stock Today

BY Stock  USD 19.98  0.35  1.72%   

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Byline Bancorp is trading at 19.98 as of the 18th of March 2024; that is -1.72 percent decrease since the beginning of the trading day. The stock's open price was 20.33. Byline Bancorp has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Byline Bancorp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of September 2022 and ending today, the 18th of March 2024. Click here to learn more.
Business Domain
Banks
IPO Date
30th of June 2017
Category
Financial Services
Classification
Financials
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. Byline Bancorp, Inc. The company has 44.38 M outstanding shares of which 427.57 K shares are currently sold short in the market by investors with about 3.39 days to cover all shorted shares. More on Byline Bancorp

Moving together with Byline Stock

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Moving against Byline Stock

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  0.78WF Woori Financial Group Financial Report 21st of May 2024 PairCorr
  0.77TFC-PR Truist FinancialPairCorr
  0.75VBFC Village Bank AndPairCorr
  0.75TFC-PO Truist FinancialPairCorr
  0.71TFC-PI Truist FinancialPairCorr

Byline Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Byline Bancorp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Byline Bancorp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOAlberto Paracchini
Thematic IdeaBanking (View all Themes)
Business ConcentrationRegional Banks, Banks - Regional, Financial Services, NYSE Composite, Banking, Financials, Banks, Banks—Regional, Financial Services (View all Sectors)
Average Analyst Recommendation
Analysts covering Byline Bancorp report their recommendations after researching Byline Bancorp's financial statements, talking to executives and customers, or listening in on Byline Bancorp's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Byline Bancorp. The Byline consensus assessment is calculated by taking the average forecast from all of the analysts covering Byline Bancorp.
Financial Strength
Based on the analysis of Byline Bancorp's profitability, liquidity, and operating efficiency, Byline Bancorp is not in a good financial situation at this time. It has a very high probability of going through financial hardship in April. Financial strength of Byline Bancorp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.03590.0596
Way Down
Slightly volatile
Gross Profit Margin0.720.81
Fairly Down
Slightly volatile
Net Debt427.3 M327.6 M
Significantly Up
Slightly volatile
Total Current Liabilities6.7 B6.4 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total1.7 B1.6 B
Sufficiently Up
Slightly volatile
Total AssetsBB
Way Down
Slightly volatile
Total Current Assets262 M275.7 M
Notably Down
Pretty Stable
Byline Bancorp's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Byline Bancorp's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Byline Bancorp's financial leverage. It provides some insight into what part of Byline Bancorp's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Byline Bancorp's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Byline Bancorp deploys its capital and how much of that capital is borrowed.
Liquidity
Byline Bancorp cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company reports 553.78 M of total liabilities with total debt to equity ratio (D/E) of 0.08, which may suggest the company is not taking enough advantage from financial leverage. Debt can assist Byline Bancorp until it has trouble settling it off, either with new capital or with free cash flow. So, Byline Bancorp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Byline Bancorp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Byline to invest in growth at high rates of return. When we think about Byline Bancorp's use of debt, we should always consider it together with cash and equity.

Other Cashflows From Financing Activities

28.1 Million
Byline Bancorp (BY) is traded on New York Stock Exchange in USA. It is located in 180 North LaSalle Street, Chicago, IL, United States, 60601 and employs 1,036 people. Byline Bancorp is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a market capitalization of 890.24 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Byline Bancorp's market, we take the total number of its shares issued and multiply it by Byline Bancorp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Byline Bancorp is active under Banks sector as part of Financials industry. The entity has 44.38 M outstanding shares of which 427.57 K shares are currently sold short in the market by investors with about 3.39 days to cover all shorted shares. Byline Bancorp reports about 181.04 M in cash with 137.05 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.83.
Check Byline Bancorp Probability Of Bankruptcy
Ownership Allocation
Byline Bancorp retains a total of 44.38 Million outstanding shares. Byline Bancorp retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Byline Ownership Details

Byline Stock Price Odds Analysis

Based on a normal probability distribution, the odds of Byline Bancorp jumping above the current price in 90 days from now is over 95.19%. The Byline Bancorp probability density function shows the probability of Byline Bancorp stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon the stock has a beta coefficient of 1.3831 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Byline Bancorp will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Byline Bancorp is significantly underperforming NYSE Composite.
  Odds Below 19.98HorizonTargetOdds Above 19.98
4.75%90 days
 19.98 
95.19%
Based on a normal probability distribution, the odds of Byline Bancorp to move above the current price in 90 days from now is over 95.19 (This Byline Bancorp probability density function shows the probability of Byline Stock to fall within a particular range of prices over 90 days) .

Byline Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Byline Bancorp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Byline Bancorp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Byline Bancorp's value.
InstituionRecorded OnShares
Detalus Advisors, Llc2023-12-31
405.4 K
Rmb Capital Management, Llc2023-09-30
378.2 K
Banc Funds Co Llc2023-12-31
368.5 K
Mendon Capital Advisors Corp2023-12-31
350 K
Federated Hermes Inc2023-12-31
329.2 K
American Century Companies Inc2023-12-31
327 K
Nuveen Asset Management, Llc2023-12-31
252.1 K
Northern Trust Corp2023-12-31
241.9 K
Charles Schwab Investment Management Inc2023-12-31
220.7 K
Blackrock Inc2023-12-31
2.4 M
Dimensional Fund Advisors, Inc.2023-12-31
1.6 M
View Byline Bancorp Diagnostics

Byline Bancorp Historical Income Statement

Byline Bancorp Income Statement is one of the three primary financial statements used for reporting Byline's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Byline Bancorp revenue and expense. Byline Bancorp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Byline Bancorp's Tax Provision is fairly stable compared to the past year. Interest Expense is likely to rise to about 156.3 M in 2024, whereas Net Interest Income is likely to drop slightly above 210.5 M in 2024. View More Fundamentals

Byline Stock Against Markets

Picking the right benchmark for Byline Bancorp stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Byline Bancorp stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Byline Bancorp is critical whether you are bullish or bearish towards Byline Bancorp at a given time. Please also check how Byline Bancorp's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Byline Bancorp without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Byline Bancorp Corporate Directors

Byline Bancorp corporate directors refer to members of a Byline Bancorp board of directors. The board of directors generally takes responsibility for the Byline Bancorp's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Byline Bancorp's board members must vote for the resolution. The Byline Bancorp board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Robert YohananDirectorProfile
William KistnerIndependent DirectorProfile
Mary HersethIndependent DirectorProfile
Steven KentIndependent DirectorProfile

How to buy Byline Stock?

Before investing in Byline Bancorp, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Byline Bancorp. To buy Byline Bancorp stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Byline Bancorp. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Byline Bancorp stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Byline Bancorp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Byline Bancorp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Byline Bancorp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Byline Stock please use our How to Invest in Byline Bancorp guide.

Already Invested in Byline Bancorp?

The danger of trading Byline Bancorp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Byline Bancorp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Byline Bancorp. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Byline Bancorp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Byline Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Byline Bancorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Byline Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Byline Bancorp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Byline Bancorp. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Byline Stock please use our How to Invest in Byline Bancorp guide.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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When running Byline Bancorp's price analysis, check to measure Byline Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Byline Bancorp is operating at the current time. Most of Byline Bancorp's value examination focuses on studying past and present price action to predict the probability of Byline Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Byline Bancorp's price. Additionally, you may evaluate how the addition of Byline Bancorp to your portfolios can decrease your overall portfolio volatility.
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Is Byline Bancorp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Byline Bancorp. If investors know Byline will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Byline Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.13
Dividend Share
0.36
Earnings Share
2.67
Revenue Per Share
8.822
Quarterly Revenue Growth
0.164
The market value of Byline Bancorp is measured differently than its book value, which is the value of Byline that is recorded on the company's balance sheet. Investors also form their own opinion of Byline Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Byline Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Byline Bancorp's market value can be influenced by many factors that don't directly affect Byline Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Byline Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Byline Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Byline Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.