Byline Financial Ratios Analysis

BY Stock  USD 20.08  0.22  1.11%   
Most ratios from Byline Bancorp's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Byline Bancorp current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Byline Bancorp Valuation and Byline Bancorp Correlation analysis.
For more information on how to buy Byline Stock please use our How to Invest in Byline Bancorp guide.
  
At this time, Byline Bancorp's Payout Ratio is fairly stable compared to the past year. PFCF Ratio is likely to rise to 7.44 in 2024, whereas Dividend Yield is likely to drop 0.01 in 2024.
Most ratios from Byline Bancorp's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Byline Bancorp current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Byline Bancorp Valuation and Byline Bancorp Correlation analysis.
For more information on how to buy Byline Stock please use our How to Invest in Byline Bancorp guide.At this time, Byline Bancorp's Payout Ratio is fairly stable compared to the past year. PFCF Ratio is likely to rise to 7.44 in 2024, whereas Dividend Yield is likely to drop 0.01 in 2024.
 2021 2022 2023 2024 (projected)
Dividend Yield0.01170.0160.01550.00856
Price To Sales Ratio3.392.651.773.52

Byline Bancorp fundamentals Correlations

0.630.96-0.03-0.97-0.9-0.7-0.87-0.060.960.68-0.87-0.51-0.43-0.77-0.440.28-0.89-0.27-0.19-0.710.880.260.040.280.43
0.630.650.54-0.55-0.54-0.45-0.48-0.450.650.54-0.49-0.21-0.07-0.42-0.070.2-0.63-0.030.06-0.380.850.03-0.220.20.29
0.960.650.0-0.96-0.84-0.77-0.810.01.00.52-0.81-0.68-0.3-0.84-0.30.24-0.82-0.12-0.24-0.740.820.290.10.230.6
-0.030.540.00.10.270.390.32-0.830.00.180.310.04-0.130.11-0.130.22-0.010.43-0.090.120.130.110.050.220.27
-0.97-0.55-0.960.10.840.760.830.02-0.96-0.560.830.590.380.840.39-0.20.860.330.220.82-0.83-0.27-0.07-0.2-0.55
-0.9-0.54-0.840.270.840.730.99-0.14-0.84-0.730.990.380.380.740.38-0.380.880.290.060.7-0.84-0.140.07-0.38-0.2
-0.7-0.45-0.770.390.760.730.74-0.35-0.77-0.230.730.47-0.110.69-0.110.040.640.30.140.63-0.67-0.19-0.010.04-0.42
-0.87-0.48-0.810.320.830.990.74-0.17-0.81-0.751.00.40.430.780.43-0.430.880.30.050.74-0.82-0.130.08-0.43-0.23
-0.06-0.450.0-0.830.02-0.14-0.35-0.170.0-0.34-0.16-0.290.21-0.150.21-0.20.27-0.170.320.13-0.2-0.36-0.25-0.2-0.16
0.960.651.00.0-0.96-0.84-0.77-0.810.00.52-0.81-0.68-0.3-0.84-0.30.24-0.82-0.12-0.24-0.740.820.290.10.230.6
0.680.540.520.18-0.56-0.73-0.23-0.75-0.340.52-0.75-0.08-0.77-0.53-0.770.77-0.79-0.210.03-0.560.740.07-0.160.770.09
-0.87-0.49-0.810.310.830.990.731.0-0.16-0.81-0.750.390.430.770.43-0.430.880.30.060.74-0.82-0.130.08-0.43-0.23
-0.51-0.21-0.680.040.590.380.470.4-0.29-0.68-0.080.390.250.820.25-0.220.26-0.230.070.52-0.31-0.03-0.04-0.22-0.79
-0.43-0.07-0.3-0.130.380.38-0.110.430.21-0.3-0.770.430.250.491.0-0.810.430.13-0.060.41-0.330.020.11-0.8-0.22
-0.77-0.42-0.840.110.840.740.690.78-0.15-0.84-0.530.770.820.490.49-0.490.690.090.070.84-0.68-0.090.04-0.49-0.72
-0.44-0.07-0.3-0.130.390.38-0.110.430.21-0.3-0.770.430.251.00.49-0.80.430.13-0.060.41-0.330.020.11-0.8-0.22
0.280.20.240.22-0.2-0.380.04-0.43-0.20.240.77-0.43-0.22-0.81-0.49-0.8-0.420.140.06-0.410.3-0.02-0.111.00.23
-0.89-0.63-0.82-0.010.860.880.640.880.27-0.82-0.790.880.260.430.690.43-0.420.260.330.84-0.85-0.42-0.16-0.42-0.37
-0.27-0.03-0.120.430.330.290.30.3-0.17-0.12-0.210.3-0.230.130.090.130.140.26-0.430.25-0.370.370.50.150.33
-0.190.06-0.24-0.090.220.060.140.050.32-0.240.030.060.07-0.060.07-0.060.060.33-0.430.290.1-0.99-0.980.06-0.46
-0.71-0.38-0.740.120.820.70.630.740.13-0.74-0.560.740.520.410.840.41-0.410.840.250.29-0.65-0.32-0.16-0.41-0.61
0.880.850.820.13-0.83-0.84-0.67-0.82-0.20.820.74-0.82-0.31-0.33-0.68-0.330.3-0.85-0.370.1-0.650.0-0.270.30.28
0.260.030.290.11-0.27-0.14-0.19-0.13-0.360.290.07-0.13-0.030.02-0.090.02-0.02-0.420.37-0.99-0.320.00.95-0.020.43
0.04-0.220.10.05-0.070.07-0.010.08-0.250.1-0.160.08-0.040.110.040.11-0.11-0.160.5-0.98-0.16-0.270.95-0.110.4
0.280.20.230.22-0.2-0.380.04-0.43-0.20.230.77-0.43-0.22-0.8-0.49-0.81.0-0.420.150.06-0.410.3-0.02-0.110.23
0.430.290.60.27-0.55-0.2-0.42-0.23-0.160.60.09-0.23-0.79-0.22-0.72-0.220.23-0.370.33-0.46-0.610.280.430.40.23
Click cells to compare fundamentals

Byline Bancorp Account Relationship Matchups

Byline Bancorp fundamentals Accounts

201920202021202220232024 (projected)
Price To Sales Ratio2.772.183.392.651.773.52
Dividend Yield0.0010730.01110.01170.0160.01550.00856
Ptb Ratio0.850.970.731.231.110.95
Book Value Per Share20.1221.1822.2420.7124.7314.99
Free Cash Flow Yield0.140.03430.180.07020.260.15
Invested Capital1.421.281.381.820.550.82
Pb Ratio0.850.970.731.231.110.95
Ev To Sales4.474.694.944.442.382.26
Roic0.03140.02040.04660.05270.07340.0613
Net Income Per Share1.530.992.472.382.692.83
Capex To Revenue(0.0162)(0.0145)(0.007365)(0.0113)(0.007227)(0.007588)
Cash Per Share33.9840.2542.8736.6239.1727.06
Pocfratio24.95.3913.823.856.886.54
Interest Coverage1.592.139.914.15.555.83
Payout Ratio0.01370.170.130.150.140.18
Pfcf Ratio29.145.5914.253.927.087.44
Income Quality0.512.910.82.511.271.11
Roe0.04730.06330.0760.04650.110.0589
Pe Ratio12.815.6811.099.668.756.62
Ev To Free Cash Flow46.9712.0120.796.569.5410.02
Earnings Yield0.07810.06380.09020.10.110.059
Current Ratio409.021.3K8.0K425.340.04310.041
Receivables Turnover1.110.610.640.450.730.83
Graham Number26.321.6735.1333.338.7121.06
Debt To Equity1.421.281.381.820.550.82
Capex Per Share(0.0774)(0.11)(0.1)(0.0595)(0.0983)(0.0964)
Graham Net Net(90.82)(99.49)(105.96)(132.43)(158.18)(166.09)

Pair Trading with Byline Bancorp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Byline Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Byline Bancorp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Byline Stock

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Moving against Byline Stock

  0.69KB KB Financial Group Earnings Call This WeekPairCorr
  0.62WF Woori Financial Group Financial Report 21st of May 2024 PairCorr
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  0.51VBFC Village BankPairCorr
  0.49CFG-PD Citizens FinancialPairCorr
The ability to find closely correlated positions to Byline Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Byline Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Byline Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Byline Bancorp to buy it.
The correlation of Byline Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Byline Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Byline Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Byline Bancorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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 Byline Bancorp Valuation and Byline Bancorp Correlation analysis.
For more information on how to buy Byline Stock please use our How to Invest in Byline Bancorp guide.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

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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.