Byline Bancorp
About: Byline Bancorp Inc is the holding company for Byline Bank, a full-service commercial bank serving small-and-medium-sized businesses, financial sponsors, and consumers. The company offers a broad range of banking products and services to small and medium sized businesses, commercial real estate and online account opening to consumer and business. Also provide trust and wealth management services to our customers. In addition to traditional commercial banking business, company provide small ticket equipment leasing solutions through Byline Financial Group, a wholly-owned subsidiary of Byline Bank.
Employees: 1,055
0
Funds holding %
of 6,790 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
43% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 14
30% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 43
15% more capital invested
Capital invested by funds: $446M [Q2] → $514M (+$67.9M) [Q3]
5% more funds holding
Funds holding: 133 [Q2] → 139 (+6) [Q3]
0.84% more ownership
Funds ownership: 42.55% [Q2] → 43.39% (+0.84%) [Q3]
33% less funds holding in top 10
Funds holding in top 10: 3 [Q2] → 2 (-1) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$33
6%
upside
Avg. target
$34
7%
upside
High target
$34
9%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
Keefe, Bruyette & Woods Damon Delmonte 79% 1-year accuracy 11 / 14 met price target | 6%upside $33 | Market Perform Maintained | 4 Dec 2024 |
Piper Sandler Nathan Rice 57% 1-year accuracy 4 / 7 met price target | 9%upside $34 | Overweight Reiterated | 29 Oct 2024 |
Financial journalist opinion
Neutral
Zacks Investment Research
1 week ago
Is the Options Market Predicting a Spike in Byline Bancorp (BY) Stock?
Investors need to pay close attention to Byline Bancorp (BY) stock based on the movements in the options market lately.
Neutral
GlobeNewsWire
1 month ago
Byline Bank Named a 2024 Best Workplace in Illinois and Chicago
Chicago Sun-Times and the Illinois Society for Human Resource Management both recognized Byline Bank in their annual employer awards.
Neutral
Seeking Alpha
1 month ago
Byline Bancorp, Inc. (BY) Q3 2024 Earnings Call Transcript
Byline Bancorp, Inc. (NYSE:BY ) Q3 2024 Earnings Conference Call October 25, 2024 10:00 AM ET Company Participants Brooks Rennie - Head of Investor Relations Alberto Paracchini - President Roberto Herencia - Chairman and CEO Thomas Bell - EVP, CFO & Treasurer Mark Fucinato - EVP and Chief Credit Officer Conference Call Participants Nathan Race - Piper Sandler Damon Del Monte - Keefe, Bruyette, & Woods, Inc. Terry McEvoy - Stephens, Inc. Brendan Nosal - Hovde Group Brian Martin - Janney Montgomery Scott Operator Good morning, and welcome to Byline Bancorp Third Quarter 2024 Earnings Call. My name is Kate, and I will be your conference operator today.
Neutral
Zacks Investment Research
1 month ago
Byline Bancorp (BY) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Byline Bancorp (BY) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Positive
Zacks Investment Research
1 month ago
Byline Bancorp (BY) Q3 Earnings and Revenues Beat Estimates
Byline Bancorp (BY) came out with quarterly earnings of $0.70 per share, beating the Zacks Consensus Estimate of $0.65 per share. This compares to earnings of $0.77 per share a year ago.
Neutral
Business Wire
1 month ago
Byline Bancorp, Inc. Reports Third Quarter 2024 Financial Results
CHICAGO--(BUSINESS WIRE)--Byline Bancorp, Inc. (NYSE: BY), today reported: At or For the quarter Third Quarter Highlights (compared to 2Q24, unless otherwise specified) 3Q24 2Q24 3Q23 Financial Results ($ in thousands) • Announced definitive merger agreement Net interest income $ 87,455 $ 86,526 $ 92,452 with First Security Bancorp, Inc. Non-interest income 14,385 12,844 12,376 Total revenue(1) 101,840 99,370 104,.
Neutral
Business Wire
2 months ago
Byline Bancorp, Inc. to Announce Third Quarter 2024 Financial Results on Thursday, October 24
CHICAGO--(BUSINESS WIRE)--Byline Bancorp, Inc. (NYSE: BY) announced today that it will issue its third quarter 2024 financial results after market close on Thursday, October 24, 2024. Byline Bancorp will also host a conference call and webcast at 9:00 a.m. Central Time on Friday, October 25, 2024 to discuss its financial results. Analysts and investors may participate in the question-and-answer session. Conference Call, Replay and Webcast Information: Date: Friday, October 25, 2024 Time: 9:00 a.
Positive
Zacks Investment Research
2 months ago
Byline Bancorp Enters $41M Merger Agreement With First Security
BY announces a cash and stock merger deal with First Security to strengthen its position in Chicago.
Neutral
Business Wire
2 months ago
Byline Bancorp, Inc. and First Security Bancorp, Inc. Announce Definitive Merger Agreement
CHICAGO & ELMWOOD PARK, Ill.--(BUSINESS WIRE)--Byline Bancorp, Inc. (“Byline”) (NYSE: BY), and First Security Bancorp, Inc. (“First Security Bancorp”) today jointly announced that they have entered into a definitive merger agreement pursuant to which First Security Bancorp and its wholly owned subsidiary, First Security Trust and Savings Bank (“First Security”), will combine with Byline Bancorp, Inc. in a cash and stock transaction valued at approximately $41.0 million based upon Byline's closi.
Neutral
Zacks Investment Research
2 months ago
Is the Options Market Predicting a Spike in Byline Bancorp (BY) Stock?
Investors need to pay close attention to Byline Bancorp (BY) stock based on the movements in the options market lately.
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