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
Flawless balance sheet with questionable track record.
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 +/- 5% a week.
Volatility Over Time: BY's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: BY exceeded the US Banks industry which returned 65.1% over the past year.
Return vs Market: BY exceeded the US Market which returned 53.9% 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
1 week ago | Simply Wall StAnnouncing: Byline Bancorp (NYSE:BY) Stock Increased An Energizing 143% In The Last Year
1 month ago | Simply Wall StThis Insider Has Just Sold Shares In Byline Bancorp, Inc. (NYSE:BY)
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 ($21.43) is trading above our estimate of fair value ($15.67)
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 (22.2x) compared to the US Banks industry average (13.2x).
PE vs Market: BY's PE Ratio (22.2x) is in line with the US market.
Price to Earnings Growth Ratio
PEG Ratio: BY is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: BY's PB Ratio (1x) is in line with the US Banks industry average.
How is Byline Bancorp forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BY's forecast earnings growth (14.6% per year) is above the savings rate (2%).
Earnings vs Market: BY's earnings (14.6% per year) are forecast to grow slower than the US market (18.5% per year).
High Growth Earnings: BY's earnings are forecast to grow, but not significantly.
Revenue vs Market: BY's revenue (8.8% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: BY's revenue (8.8% per year) is forecast to grow slower than 20% 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 (6.1%).
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 (16.6%) are lower than last year (22.4%).
Past Earnings Growth Analysis
Earnings Trend: BY has become profitable over the past 5 years, growing earnings by 5.7% per year.
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 (-34.6%) over the past year, making it difficult to compare to the Banks industry average (1.4%).
Return on Equity
High ROE: BY's Return on Equity (4.7%) 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 (7.9x) is low.
Allowance for Bad Loans: BY has a sufficient allowance for bad loans (161%).
Low Risk Liabilities: 85% 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 (67%).
Low Risk Deposits: BY's Loans to Deposits ratio (90%) is appropriate.
Level of Bad Loans: BY has an appropriate level of bad loans (0.9%).
What is Byline Bancorp current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BY's dividend (1.12%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.26%).
High Dividend: BY's dividend (1.12%) is low compared to the top 25% of dividend payers in the US market (3.5%).
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 (12.4%), 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 (14.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Roberto Herencia (60 yo)
Mr. Roberto R. Herencia has been a Director for First BanCorp. since October 7, 2011. Mr. Herencia serves as an Advisor of Madison Dearborn Partners, LLC. He has been the Executive Chairman and Chief Execu...
Experienced Management: BY's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Experienced Board: BY's board of directors are considered experienced (3.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BY insiders have sold more shares than they have bought 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$830.371m
- Shares outstanding: 38.75m
- Website: https://www.bylinebancorp.com
Number of Employees
- Byline Bancorp, Inc.
- 180 North LaSalle Street
- Suite 300
- United States
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||2021/04/13 22:55|
|End of Day Share Price||2021/04/13 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.