NOT FOR DISTRIBUTION
Header cover image

Market Cap

US$903.6m

Last Updated

2021/05/09 22:21 UTC

Data Sources

Company Financials +

Executive Summary

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


Snowflake Analysis

Flawless balance sheet with proven track record.


Similar Companies

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 less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: BY's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

3.0%

BY

4.1%

US Banks

0.2%

US Market


1 Year Return

101.3%

BY

78.4%

US Banks

49.9%

US Market

Return vs Industry: BY exceeded the US Banks industry which returned 78.4% over the past year.

Return vs Market: BY exceeded the US Market which returned 49.9% over the past year.


Shareholder returns

BYIndustryMarket
7 Day3.0%4.1%0.2%
30 Day7.6%5.8%1.5%
90 Day28.1%21.5%3.3%
1 Year103.4%101.3%83.9%78.4%52.4%49.9%
3 Year11.3%9.6%28.8%17.9%63.7%53.4%
5 Yearn/a120.0%92.3%130.6%104.9%

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

Valuation

Is Byline Bancorp undervalued compared to its fair value and its price relative to the market?

16.05x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: BY ($23.39) is trading above our estimate of fair value ($22.98)

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 (16x) compared to the US Banks industry average (12x).

PE vs Market: BY is good value based on its PE Ratio (16x) compared to the US market (20.2x).


Price to Earnings Growth Ratio

PEG Ratio: BY's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: BY's PB Ratio (1.2x) is in line with the US Banks industry average.


Future Growth

How is Byline Bancorp forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

-10.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BY's earnings are forecast to decline over the next 3 years (-10.6% per year).

Earnings vs Market: BY's earnings are forecast to decline over the next 3 years (-10.6% per year).

High Growth Earnings: BY's earnings are forecast to decline over the next 3 years.

Revenue vs Market: BY's revenue (2.6% per year) is forecast to grow slower than the US market (9.1% per year).

High Growth Revenue: BY's revenue (2.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if BY's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Byline Bancorp performed over the past 5 years?

-4.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BY has high quality earnings.

Growing Profit Margin: BY's current net profit margins (23%) are higher than last year (19.4%).


Past Earnings Growth Analysis

Earnings Trend: BY's earnings have declined by 4.7% per year over the past 5 years.

Accelerating Growth: BY's earnings growth over the past year (19.2%) exceeds its 5-year average (-4.7% per year).

Earnings vs Industry: BY earnings growth over the past year (19.2%) exceeded the Banks industry 17.6%.


Return on Equity

High ROE: BY's Return on Equity (7.1%) is considered low.


Financial Health

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


Balance Sheet


Financial Institutions Analysis

Asset Level: BY's Assets to Equity ratio (8.5x) is low.

Allowance for Bad Loans: BY has a sufficient allowance for bad loans (177%).

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 (65%).

Low Risk Deposits: BY's Loans to Deposits ratio (87%) is appropriate.

Level of Bad Loans: BY has an appropriate level of bad loans (0.8%).


Dividend

What is Byline Bancorp current dividend yield, its reliability and sustainability?

1.03%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BY's dividend (1.03%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.24%).

High Dividend: BY's dividend (1.03%) is low compared to the top 25% of dividend payers in the US market (3.4%).


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 (10.3%), BY's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.9yrs

Average management tenure


CEO

Roberto Herencia (60 yo)

0.25

Tenure

US$815,571

Compensation

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...


Leadership Team

Experienced Management: BY's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.


Board Members

Experienced Board: BY's board of directors are considered experienced (3.8 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Byline Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Byline Bancorp, Inc.
  • Ticker: BY
  • Exchange: NYSE
  • Founded: 1978
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$903.619m
  • Shares outstanding: 38.63m
  • Website: https://www.bylinebancorp.com

Number of Employees


Location

  • Byline Bancorp, Inc.
  • 180 North LaSalle Street
  • Suite 300
  • Chicago
  • Illinois
  • 60601
  • United States

Listings


Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/09 22:21
End of Day Share Price2021/05/07 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.