Byline Return On Assets from 2010 to 2024

BY Stock  USD 19.86  0.14  0.70%   
Byline Bancorp Return On Assets yearly trend continues to be fairly stable with very little volatility. Return On Assets will likely drop to 0.01 in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit Byline Bancorp earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.01203402
Current Value
0.007378
Quarterly Volatility
0.00915343
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Byline Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Byline main balance sheet or income statement drivers, such as Tax Provision of 35.9 M, Net Interest Income of 210.5 M or Interest Income of 246.5 M, as well as many exotic indicators such as Price To Sales Ratio of 3.52, Dividend Yield of 0.0086 or PTB Ratio of 1.35. Byline financial statements analysis is a perfect complement when working with Byline Bancorp Valuation or Volatility modules.
  
This module can also supplement Byline Bancorp's financial leverage analysis and stock options assessment as well as various Byline Bancorp Technical models . Check out the analysis of Byline Bancorp Correlation against competitors.
For more information on how to buy Byline Stock please use our How to Invest in Byline Bancorp guide.

Latest Byline Bancorp's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Byline Bancorp over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Byline Bancorp's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Byline Bancorp's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

Byline Return On Assets Regression Statistics

Arithmetic Mean0
Geometric Mean0.01
Coefficient Of Variation228.09
Mean Deviation0.01
Median0.01
Standard Deviation0.01
Sample Variance0.000084
Range0.0263
R-Value0.75
Mean Square Error0.00004
R-Squared0.56
Significance0
Slope0
Total Sum of Squares0

Byline Return On Assets History

2024 0.007378
2023 0.012
2022 0.0119
2021 0.0139
2020 0.005863
2019 0.0103
2018 0.008334

About Byline Bancorp Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Byline Bancorp income statement, its balance sheet, and the statement of cash flows. Byline Bancorp investors use historical funamental indicators, such as Byline Bancorp's Return On Assets, to determine how well the company is positioned to perform in the future. Although Byline Bancorp investors may use each financial statement separately, they are all related. The changes in Byline Bancorp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Byline Bancorp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Byline Bancorp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Byline Bancorp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets 0.01  0.01 
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Byline Bancorp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Byline Bancorp's short interest history, or implied volatility extrapolated from Byline Bancorp options trading.

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

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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 the analysis of Byline Bancorp Correlation against competitors.
For more information on how to buy Byline Stock please use our How to Invest in Byline Bancorp guide.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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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.