Byline Bancorp Inc (BY)
NYSE:BY
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Byline Bancorp
(NYSE:BY)
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Rating:69Neutral
Price Target:
$34.00
▲(9.22% Upside)
Action:DowngradedDate:02/28/26
The score is driven primarily by solid financial performance (growth, profitability, and improved leverage) and a supportive earnings call (strong capital returns and improving NIM). These positives are tempered by 2025 cash flow weakness and currently soft technical momentum.
Positive Factors
Revenue & Profitability
Byline has delivered multi-year top-line expansion and steady profitability, with revenue roughly doubling to $629M and sustained net margins near 20%. That durable revenue and margin base supports recurring earnings, capacity to fund loan growth and shareholder returns over coming quarters.
Negative Factors
Cash Flow Volatility
A steep drop in operating cash flow and a ~57% fall in free cash flow create near-term cash conversion volatility. Persistent weakness would constrain organic reinvestment, limit optionality for buybacks/dividends and increase reliance on balance-sheet actions to fund lending growth.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue & Profitability
Byline has delivered multi-year top-line expansion and steady profitability, with revenue roughly doubling to $629M and sustained net margins near 20%. That durable revenue and margin base supports recurring earnings, capacity to fund loan growth and shareholder returns over coming quarters.
Read all positive factors
Byline Bancorp (BY) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$1.42B
Dividend Yield1.34%
Average Volume (3M)203.18K
Price to Earnings (P/E)9.5
Beta (1Y)0.90
Revenue Growth1.31%
EPS Growth2.02%
CountryUS
Employees1,032
SectorFinancial
Sector Strength70
IndustryBanks - Regional
Share Statistics
EPS (TTM)0.76
Shares Outstanding45,590,690
10 Day Avg. Volume223,252
30 Day Avg. Volume203,180
Financial Highlights & Ratios
PEG Ratio2.33
Price to Book (P/B)1.03
Price to Sales (P/S)2.08
P/FCF Ratio9.59
Enterprise Value/Market Cap1.35
Enterprise Value/Revenue3.04
Enterprise Value/Gross Profit4.60
Enterprise Value/Ebitda10.20
Forecast
1Y Price Target
$35.00Price Target Upside12.43% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)3.09
Revenue Forecast (FY)$453.47M
Byline Bancorp Business Overview & Revenue Model
Company Description
Byline Bancorp, Inc. operates as the bank holding company for Byline Bank that provides various banking products and services for small and medium sized businesses, commercial real estate and financial sponsors, and consumers in the United States....
How the Company Makes Money
Byline Bancorp generates revenue through several key streams, primarily from interest income on loans and leases, which constitute a significant portion of its earnings. The company provides various types of loans, including commercial real estate...
Byline Bancorp Earnings Call Summary
Earnings Call Date:Jan 22, 2026
(Q4-2025)
| % Change Since: |
Next Earnings Date:Apr 23, 2026
Earnings Call Sentiment Positive
The call communicates a strongly positive operational and financial performance: robust profitability, record net interest income, expanding margin, meaningful capital build and active capital returns (dividend increase and buybacks), successful integration of an acquisition, and progress on a new commercial payments initiative. Headwinds are present but largely manageable — notable deposit seasonality and end-of-year balance sheet management, modest upticks in NPLs/NPAs and provisions, some compression and seasonality in noninterest income (SBA gains), and asset-sensitivity risk if rates decline. Overall, management portrays these as controllable or temporary while emphasizing flexibility and continued focus on organic growth and capital deployment.Positive Updates
Strong Full-Year and Quarterly Profitability
Full-year net income $130.1M (EPS $2.89) on revenue $446M, up 9.7% Y/Y; Q4 net income $34.5M (EPS $0.76) on revenue $117M (Q4 revenue +12% Y/Y, +1.1% Q/Q). Full-year pretax pre-provision ROA ~219 bps, ROA 136 bps and ROTCE 13.5%; Q4 pretax pre-provision ROA 232 bps, ROA 141 bps and ROTCE ~13%.
Negative Updates
Deposit Decline and Year-End Balance Sheet Management
Total deposits declined to $7.65B in Q4 (down ~2.3% Q/Q and ~2.5% Y/Y). Management intentionally reduced deposits and sold securities to remain below the $10B year-end threshold, resulting in a temporarily smaller earning asset base at period end.
Read all updates
Q4-2025 Updates
Positive
Negative
Strong Full-Year and Quarterly Profitability
Full-year net income $130.1M (EPS $2.89) on revenue $446M, up 9.7% Y/Y; Q4 net income $34.5M (EPS $0.76) on revenue $117M (Q4 revenue +12% Y/Y, +1.1% Q/Q). Full-year pretax pre-provision ROA ~219 bps, ROA 136 bps and ROTCE 13.5%; Q4 pretax pre-provision ROA 232 bps, ROA 141 bps and ROTCE ~13%.
Read all positive updates
Company Guidance
Management’s guidance for 2026 emphasizes controlled, organic growth and capital flexibility: they expect mid‑single‑digit loan growth and to cross the $10 billion asset threshold this year, Q1 net interest income of $99–$100 million (based on a forward curve that assumes a 50 bp Fed funds decline), and an average gain‑on‑sale run‑rate of roughly $5.5 million per quarter (with seasonally lower Q1 results); quarterly noninterest expense is expected to trend $58–$60 million, net charge‑offs are guided to roughly 30–40 bps, and they cited current credit metrics of a 1.45% allowance to loans and NPLs/NPA upticks, while capital remains strong (CET1 12.33%, TCE/TA ~11.29%), deposit costs fell 19 bps in Q4 to under 2%, and the board authorized buybacks up to 5% of shares and raised the quarterly dividend by 20%.Byline Bancorp Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
74
Positive
Cash Flow
46
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 629.49M | 621.42M | 532.47M | 356.46M | 316.14M |
| Gross Profit | 416.22M | 376.50M | 351.96M | 296.35M | 302.63M |
| EBITDA | 187.86M | 166.11M | 150.21M | 118.97M | 130.20M |
| Net Income | 130.05M | 120.76M | 107.88M | 87.95M | 92.78M |
Balance Sheet | |||||
| Total Assets | 9.65B | 9.50B | 8.88B | 7.36B | 6.70B |
| Cash, Cash Equivalents and Short-Term Investments | 1.47B | 1.73B | 1.57B | 1.35B | 1.61B |
| Total Debt | 564.95M | 774.65M | 553.78M | 765.82M | 645.77M |
| Total Liabilities | 8.38B | 8.41B | 7.89B | 6.60B | 5.86B |
| Stockholders Equity | 1.27B | 1.09B | 990.15M | 765.82M | 836.38M |
Cash Flow | |||||
| Free Cash Flow | 136.32M | 171.17M | 162.21M | 216.70M | 72.19M |
| Operating Cash Flow | 140.32M | 175.16M | 166.07M | 220.33M | 74.43M |
| Investing Cash Flow | 335.00K | -330.92M | -336.24M | -819.86M | -236.05M |
| Financing Cash Flow | -52.76M | 492.76M | 216.96M | 620.95M | 236.13M |
Byline Bancorp Technical Analysis
Neutral
31.13
Price Trends
31.64
Negative
30.19
Positive
28.69
Positive
Market Momentum
-0.22
Negative
46.07
Neutral
66.14
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BY, the sentiment is Neutral. The current price of 31.13 is above the 20-day moving average (MA) of 30.88, below the 50-day MA of 31.64, and above the 200-day MA of 28.69, indicating a neutral trend. The MACD of -0.22 indicates Negative momentum. The RSI at 46.07 is Neutral, neither overbought nor oversold. The STOCH value of 66.14 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for BY.
Byline Bancorp Risk Analysis
Byline Bancorp disclosed 36 risk factors in its most recent earnings report. Byline Bancorp reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Byline Bancorp Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | $1.46B | 10.17 | 4.23% | 3.14% | -1.79% | -23.87% | |
69 Neutral | $1.42B | 9.46 | 10.78% | 1.34% | 1.31% | 2.02% | |
69 Neutral | $1.22B | 10.37 | 12.27% | 2.57% | 5.21% | 24.51% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
65 Neutral | $1.41B | 10.97 | 11.80% | 0.28% | -2.42% | 3.83% | |
64 Neutral | $1.33B | 8.36 | 5.49% | 2.68% | 15.55% | -28.10% | |
50 Neutral | $1.37B | 19.37 | 2.77% | ― | 2.04% | -64.17% |
* Financial Sector Average
BY
Byline Bancorp
30.81
5.04
19.57%
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Byline Bancorp Corporate Events
Stock Buyback
Byline Bancorp Announces New Stock Repurchase Program
Positive
Dec 11, 2025
On December 11, 2025, Byline Bancorp, Inc. announced the approval of a new stock repurchase program, authorizing the buyback of up to 2.25 million shares, representing approximately 4.9% of its outstanding common stock. This program, effective fro...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.