Byline Bancorp Management
Management criteria checks 3/4
Byline Bancorp's CEO is Roberto Herencia, appointed in Feb 2021, has a tenure of 5.42 years. total yearly compensation is $4.54M, comprised of 20.7% salary and 79.3% bonuses, including company stock and options. directly owns 1.15% of the company’s shares, worth $19.51M. The average tenure of the management team and the board of directors is 5.5 years and 7.8 years respectively.
Key information
Roberto Herencia
Chief executive officer
US$4.5m
Total compensation
| CEO salary percentage | 20.65% |
| CEO tenure | 5.4yrs |
| CEO ownership | 1.1% |
| Management average tenure | 5.5yrs |
| Board average tenure | 7.8yrs |
Recent management updates
Recent updates
Narrative Update • Jun 18
BY: Future Returns Will Depend On Buybacks And Credit Cost Stability At Record High Price
Analysts have kept their Byline Bancorp price target essentially unchanged at a fair value estimate of $37.40, reflecting consistent assumptions on discount rate, revenue growth, profit margin, and future P/E. Together these factors suggest a steady view of the stock’s longer term earnings power.Analysis Article • Jun 17
Byline Bancorp (BY) Stock Could Be 5.9% Undervalued After Recent Share Gains
Byline Bancorp (BY) has drawn fresh attention after recent share gains, with the stock up over the past week, month and past 3 months, prompting investors to reassess how the regional bank is currently valued. See our latest analysis for Byline Bancorp. At a latest share price of $35.21, Byline Bancorp shows building momentum, with a 30-day share price return of 10.45% and a year-to-date share price return of 21.25%, alongside a 1-year total shareholder return of 43.89% that reflects both...Narrative Update • Jun 04
BY: Future Upside Will Rely On Completed Buybacks And Credit Cost Stability
Analysts have kept their $37.40 price target on Byline Bancorp in place. They cited largely unchanged fair value, discount rate, revenue growth, profit margin, and forward P/E assumptions in their latest update.Narrative Update • May 09
BY: Future Upside Will Rely On Improving Credit Costs And Completed Buybacks
Analysts have raised their Byline Bancorp price target to $37.40 from $35.60, citing updated assumptions for revenue growth, profit margin and future P/E that they view as better aligned with the stock's current risk profile and discount rate. What's in the News Byline Bancorp reported net charge-offs of $5,950,000 for the first quarter ended March 31, 2026, compared with $6,644,000 for the same period a year earlier (Key Developments).Narrative Update • Apr 21
BY: Steady Outlook Will Rely On Higher Dividend And Completed Buybacks
Analysts have maintained their $35.60 price target for Byline Bancorp, citing stable assumptions for the discount rate, revenue growth, profit margin, and forward P/E as the basis for their view. What's in the News From October 1, 2025 to December 31, 2025, Byline Bancorp repurchased 345,706 shares, about 0.75% of its shares, for $9.75 million under the buyback announced on December 5, 2024, completing a total of 922,729 shares, about 2.05%, for $23.73 million (Key Developments).Narrative Update • Apr 07
BY: Steady Outlook With Higher Dividend And Ongoing Buybacks Supporting Upside Potential
Analysts have reaffirmed their $35.60 price target on Byline Bancorp, citing largely unchanged fair value estimates along with only minor adjustments to revenue growth, profit margin, and future P/E assumptions. What's in the News From October 1, 2025 to December 31, 2025, Byline Bancorp repurchased 345,706 shares, representing 0.75% of shares, for US$9.75 million under the buyback announced on December 5, 2024.Narrative Update • Mar 23
BY: Dividend Increase Will Support Future Upside Potential
Analysts have kept their price target for Byline Bancorp unchanged at $35.60, reflecting consistent assumptions around fair value, discount rate, revenue growth, profit margin and future P/E, and indicating a stable view of the shares at this time. What's in the News The board declared a cash dividend of $0.12 per share on January 21, 2026, a 20% increase from the previous quarterly dividend of $0.10 per share, payable on February 17, 2026 to stockholders of record as of February 3, 2026 (company announcement).Narrative Update • Mar 09
BY: Share Repurchases And Higher Dividend Will Support Future Upside Potential
Analysts kept their Byline Bancorp fair value target steady at $35.60, reflecting unchanged assumptions around revenue growth, profit margins and future P/E, and indicating that recent research has not led to a material shift in their outlook-based valuation work. What's in the News The Board of Directors authorized a new share repurchase plan on December 11, 2025, allowing Byline Bancorp to buy back shares under a formal program (Key Developments).Narrative Update • Feb 22
BY: Buybacks And Dividends Will Support Measured Returns At Fair Valuation
Analysts have slightly raised their price target on Byline Bancorp to $35.60 from $35.00, citing updated fair value estimates along with modest adjustments to the discount rate, profit margin assumptions, and future P/E expectations. What's in the News Byline Bancorp reported fourth quarter 2025 net loan and lease charge offs of US$6,707,000, compared with US$7,792,000 in the same quarter a year earlier (company event filing).Narrative Update • Feb 08
BY: Buybacks And Dividend Increases Will Shape Balanced Future Returns
Analysts have nudged their price target on Byline Bancorp higher to $35.00 from $33.80. They point to updated assumptions that include slightly different discount rates, revenue growth, profit margin, and future P/E inputs in their models.Analysis Article • Jan 26
Byline Bancorp (NYSE:BY) Is Increasing Its Dividend To $0.12
Byline Bancorp, Inc.'s ( NYSE:BY ) dividend will be increasing from last year's payment of the same period to $0.12 on...Seeking Alpha • Jan 24
Recent Results From Byline Bancorp Provided Just Enough Reason For A Downgrade
Summary Byline Bancorp is downgraded to Hold due to slowing earnings growth and rising asset quality concerns. BY’s operational metrics—net interest margin, efficiency ratio, and loan growth—remain above national averages, supporting ongoing profitability. Return on equity declined to 10.61%, and non-performing loans and criticized assets are trending higher, raising risk flags. Crossing $10 billion in assets will trigger stricter regulatory oversight and potential cost increases, adding to future operational challenges. Read the full article on Seeking AlphaNarrative Update • Jan 20
BY: Buybacks And M&A Optionality Will Shape Balanced Future Returns
Analysts have nudged their price target on Byline Bancorp slightly lower to US$33.80 from US$34.00, reflecting modest tweaks to assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E estimates. What's in the News The Board of Directors authorized a new share buyback plan on December 11, 2025.Narrative Update • Jan 04
BY: Share Repurchases Will Drive Future Upside Despite Slight Margin Headwinds
Analysts have modestly raised their price target on Byline Bancorp to $34.00, reflecting slightly lower long term growth and margin expectations that are more than offset by a higher assumed future price to earnings multiple. What's in the News Board of Directors authorizes a new share repurchase plan on December 11, 2025, signaling ongoing capital return to shareholders (Key Developments) Byline Bancorp launches a share repurchase program for up to 2,250,000 shares, or 4.9% of outstanding stock, running through December 31, 2026, with repurchased shares earmarked for equity incentives and general corporate purposes (Key Developments) Company reports having repurchased 577,023 shares in total under the December 5, 2024 buyback, representing 1.29% of shares outstanding, for $13.98 million as of the quarter ending September 30, 2025 (Key Developments) Piper Sandler & Co. is added as Lead Underwriter for Byline Bancorp's Fixed Income Exchange Offer, highlighting an active capital markets strategy (Key Developments) Management reiterates that Byline Bancorp is actively seeking M&A opportunities while emphasizing disciplined transactions that deliver shareholder value and align with its capital priorities (Key Developments) Valuation Changes Fair Value Estimate: unchanged at $34.00 per share, reflecting a stable base-case outlook for intrinsic value.Narrative Update • Dec 17
BY: Future Share Repurchases And Margin Gains Will Support Balanced Return Outlook
Analysts have modestly raised their price target on Byline Bancorp, increasing fair value from 32.20 dollars to 34.00 dollars. They cite expectations for stronger profit margins and a slightly higher future earnings multiple, despite slower projected revenue growth and a marginally higher discount rate.Analysis Article • May 27
Increases to Byline Bancorp, Inc.'s (NYSE:BY) CEO Compensation Might Cool off for now
Key Insights Byline Bancorp's Annual General Meeting to take place on 3rd of June Salary of US$907.3k is part of CEO...Analysis Article • Oct 28
Byline Bancorp (NYSE:BY) Has Announced A Dividend Of $0.09
Byline Bancorp, Inc.'s ( NYSE:BY ) investors are due to receive a payment of $0.09 per share on 19th of November. The...
New Narrative • Sep 24
Award-Winning Culture And Chicago Market Strategy Boost Prospects Amid Margin Pressures
Emphasis on top talent and a strong company culture suggests potential improvements in operational efficiencies and future growth, enhancing net margins.Analysis Article • Jul 29
Byline Bancorp (NYSE:BY) Is Due To Pay A Dividend Of $0.09
The board of Byline Bancorp, Inc. ( NYSE:BY ) has announced that it will pay a dividend of $0.09 per share on the 20th...Analysis Article • Apr 29
Byline Bancorp's (NYSE:BY) Dividend Will Be $0.09
The board of Byline Bancorp, Inc. ( NYSE:BY ) has announced that it will pay a dividend of $0.09 per share on the 21st...Analysis Article • Jan 30
Byline Bancorp (NYSE:BY) Is Due To Pay A Dividend Of $0.09
Byline Bancorp, Inc.'s ( NYSE:BY ) investors are due to receive a payment of $0.09 per share on 20th of February. This...Analysis Article • Jan 23
Here's Why We Think Byline Bancorp (NYSE:BY) Is Well Worth Watching
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | US$139m |
| Dec 31 2025 | US$5m | US$937k | US$130m |
| Sep 30 2025 | n/a | n/a | US$126m |
| Jun 30 2025 | n/a | n/a | US$119m |
| Mar 31 2025 | n/a | n/a | US$119m |
| Dec 31 2024 | US$3m | US$907k | US$121m |
| Sep 30 2024 | n/a | n/a | US$120m |
| Jun 30 2024 | n/a | n/a | US$118m |
| Mar 31 2024 | n/a | n/a | US$114m |
| Dec 31 2023 | US$3m | US$867k | US$108m |
| Sep 30 2023 | n/a | n/a | US$101m |
| Jun 30 2023 | n/a | n/a | US$95m |
| Mar 31 2023 | n/a | n/a | US$90m |
| Dec 31 2022 | US$2m | US$825k | US$88m |
| Sep 30 2022 | n/a | n/a | US$82m |
| Jun 30 2022 | n/a | n/a | US$85m |
| Mar 31 2022 | n/a | n/a | US$93m |
| Dec 31 2021 | US$4m | US$825k | US$92m |
| Sep 30 2021 | n/a | n/a | US$87m |
| Jun 30 2021 | n/a | n/a | US$75m |
| Mar 31 2021 | n/a | n/a | US$56m |
| Dec 31 2020 | US$816k | n/a | US$37m |
| Sep 30 2020 | n/a | n/a | US$40m |
| Jun 30 2020 | n/a | n/a | US$43m |
| Mar 31 2020 | n/a | n/a | US$47m |
| Dec 31 2019 | US$818k | n/a | US$56m |
Compensation vs Market: Roberto's total compensation ($USD4.54M) is about average for companies of similar size in the US market ($USD5.14M).
Compensation vs Earnings: Roberto's compensation has increased by more than 20% in the past year.
CEO
Roberto Herencia (66 yo)
5.4yrs
Tenure
US$4,537,621
Compensation
Mr. Roberto R. Herencia is Director of Junior Achievement Of Chicag. Mr. Herencia serves as Director at Christian Brothers Investment Services, Inc. from July, 2022. He has been an Independent Director for...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board & CEO | 5.4yrs | US$4.54m | 1.15% $ 19.5m | |
| President & Director | 13.1yrs | US$1.92m | 0.49% $ 8.3m | |
| Executive VP & CFO | 3.9yrs | US$1.37m | 0.16% $ 2.8m | |
| Executive VP & Head of Commercial Banking | 7.5yrs | US$889.05k | 0.15% $ 2.6m | |
| President of Small Business Capital | 7.2yrs | US$916.04k | 0.10% $ 1.7m | |
| Senior VP & Chief Accounting Officer | 3.9yrs | no data | 0.041% $ 702.7k | |
| Executive VP | 5.5yrs | no data | 0.034% $ 583.8k | |
| Head of Investor Relations | 5.5yrs | no data | no data | |
| Executive VP | 1.5yrs | no data | 0.0056% $ 94.9k | |
| Executive VP & Chief Human Resources Officer | 5.5yrs | no data | 0.031% $ 525.2k | |
| Executive VP & Head of Community Banking | no data | no data | 0.076% $ 1.3m | |
| Executive VP & Head of Commercial Real Estate and Specialty Finance | no data | no data | 0.042% $ 720.5k |
5.5yrs
Average Tenure
57.5yo
Average Age
Experienced Management: BY's management team is seasoned and experienced (5.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board & CEO | 13.1yrs | US$4.54m | 1.15% $ 19.5m | |
| President & Director | 13.1yrs | US$1.92m | 0.49% $ 8.3m | |
| Independent Director | 7.1yrs | US$138.75k | 0.20% $ 3.4m | |
| Lead Independent Director | 13.1yrs | US$155.00k | 26.15% $ 444.6m | |
| Independent Director | 2.8yrs | US$120.00k | 0.10% $ 1.7m | |
| Independent Director | 4.3yrs | US$115.29k | 0.019% $ 326.6k | |
| Independent Director | 13.1yrs | US$128.75k | 0.044% $ 748.7k | |
| Independent Director | 8.3yrs | US$135.00k | 0.034% $ 570.1k | |
| Independent Director | 7.3yrs | US$135.00k | 0.041% $ 703.9k | |
| Independent Director | 3yrs | US$120.00k | 0.014% $ 237.2k |
7.8yrs
Average Tenure
67.5yo
Average Age
Experienced Board: BY's board of directors are considered experienced (7.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/06 15:35 |
| End of Day Share Price | 2026/07/06 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Byline Bancorp, Inc. is covered by 8 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ebrahim Poonawala | BofA Global Research |
| Brendan Nosal | Hovde Group, LLC |
| Damon DelMonte | Keefe, Bruyette, & Woods |