Byline Bancorp, Inc. operates as the bank holding company for Byline Bank that provides a range of banking products and services to small and medium sized businesses, commercial real estate and financial sponsors, and consumers in the United States. More Details
No risks detected for BY from our risk checks.
Flawless balance sheet and slightly overvalued.
Share Price & News
How has Byline Bancorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BY is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: BY's weekly volatility (8%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: BY underperformed the US Banks industry which returned -7.3% over the past year.
Return vs Market: BY underperformed the US Market which returned 19.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Byline Bancorp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StWhat Is The Ownership Structure Like For Byline Bancorp, Inc. (NYSE:BY)?
1 month ago | Simply Wall StByline Bancorp (NYSE:BY) Share Prices Have Dropped 25% In The Last Three Years
4 months ago | Simply Wall StFour Days Left To Buy Byline Bancorp, Inc. (NYSE:BY) Before The Ex-Dividend Date
Is Byline Bancorp undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BY ($16.24) is trading above our estimate of fair value ($15.15)
Significantly Below Fair Value: BY is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BY is poor value based on its PE Ratio (15.3x) compared to the US Banks industry average (12.3x).
PE vs Market: BY is good value based on its PE Ratio (15.3x) compared to the US market (21x).
Price to Earnings Growth Ratio
PEG Ratio: BY is poor value based on its PEG Ratio (2.2x)
Price to Book Ratio
PB vs Industry: BY is good value based on its PB Ratio (0.8x) compared to the US Banks industry average (1x).
How is Byline Bancorp forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BY's forecast earnings growth (7% per year) is above the savings rate (2%).
Earnings vs Market: BY's earnings (7% per year) are forecast to grow slower than the US market (21.6% per year).
High Growth Earnings: BY's earnings are forecast to grow, but not significantly.
Revenue vs Market: BY's revenue is expected to decline over the next 3 years (-0.2% per year).
High Growth Revenue: BY's revenue is forecast to decline over the next 3 years (-0.2% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BY's Return on Equity is forecast to be low in 3 years time (4.9%).
How has Byline Bancorp performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BY has high quality earnings.
Growing Profit Margin: BY's current net profit margins (18.2%) are lower than last year (22.9%).
Past Earnings Growth Analysis
Earnings Trend: BY's earnings have grown by 7.5% per year over the past 5 years.
Accelerating Growth: BY's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BY had negative earnings growth (-30%) over the past year, making it difficult to compare to the Banks industry average (-4.4%).
Return on Equity
High ROE: BY's Return on Equity (5.2%) is considered low.
How is Byline Bancorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: BY's Assets to Equity ratio (8.2x) is low.
Allowance for Bad Loans: BY has a sufficient allowance for bad loans (142%).
Low Risk Liabilities: 84% of BY's liabilities are made up of primarily low risk sources of funding.
Loan Level: BY has an appropriate level of Loans to Assets ratio (66%).
Low Risk Deposits: BY's Loans to Deposits ratio (90%) is appropriate.
Level of Bad Loans: BY has an appropriate level of bad loans (1%).
What is Byline Bancorp current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BY's dividend (0.74%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.39%).
High Dividend: BY's dividend (0.74%) is low compared to the top 25% of dividend payers in the US market (3.85%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether BY's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if BY's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (11.3%), BY's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BY's dividends in 3 years are forecast to be thoroughly covered by earnings (12% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Alberto Paracchini (49 yo)
Mr. Alberto J. Paracchini has served as President and CEO of Byline Bank since 2013. He has spent nearly 20 years in financial services. He previously served as the Head of Planning & Development of Midwes...
CEO Compensation Analysis
Compensation vs Market: Alberto's total compensation ($USD1.11M) is below average for companies of similar size in the US market ($USD2.40M).
Compensation vs Earnings: Alberto's compensation has been consistent with company performance over the past year.
|Executive VP & CFO||5.5yrs||US$596.36k||0.061% |
|Executive VP & Head of Commercial Banking||2yrs||US$865.18k||0.15% |
|Investor Relations Contact||no data||no data||no data|
|Executive VP & General Counsel||1.58yrs||no data||0.015% |
|Executive VP & Head of Retail Banking||1yr||no data||0.016% |
|Executive VP & Head of Commercial Real Estate and Specialty Finance||3yrs||no data||0.038% |
|President of Small Business Capital||1.67yrs||no data||0.11% |
|Associate General Counsel & Secretary of the Board||no data||no data||no data|
|Senior VP & Corporate Treasurer of Byline Bank||7.42yrs||no data||0.054% |
Experienced Management: BY's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
|Independent Chairman of the Board||7.58yrs||US$817.94k||0.28% |
|Independent Director||1.58yrs||US$43.75k||0.40% |
|Independent Director||7.58yrs||US$105.00k||29.72% |
|Independent Director||4.25yrs||US$82.08k||0.49% |
|Independent Director||7.58yrs||US$120.00k||0.033% |
|Independent Director||2.75yrs||US$85.00k||0.013% |
|Independent Director||1.75yrs||US$59.17k||0.0084% |
Experienced Board: BY's board of directors are considered experienced (4.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BY insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Byline Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Byline Bancorp, Inc.
- Ticker: BY
- Exchange: NYSE
- Founded: 1978
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$626.603m
- Shares outstanding: 38.58m
- Website: https://www.bylinebancorp.com
Number of Employees
- Byline Bancorp, Inc.
- 180 North LaSalle Street
- Suite 300
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BY||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Jun 2017|
|BY *||BMV (Bolsa Mexicana de Valores)||Yes||Common Stock||MX||MXN||Jun 2017|
|44F||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jun 2017|
Byline Bancorp, Inc. operates as the bank holding company for Byline Bank that provides a range of banking products and services to small and medium sized businesses, commercial real estate and financial s...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/01/19 00:30|
|End of Day Share Price||2021/01/15 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.