Byline Bancorp (BY) AI Stock Analysis

• Market Cap: $1.46B
• Dividend Yield: 1.34%
• Average Volume (3M): 203.18K
• Price to Earnings (P/E): 11.0
• Beta (1Y): 0.89
• Revenue Growth: 1.31%
• EPS Growth: 2.02%
• Country: US
• Employees: 1,032
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.76
• Shares Outstanding: 45,819,225
• 10 Day Avg. Volume: 223,252
• 30 Day Avg. Volume: 203,180
• PEG Ratio: 3.12
• Price to Book (P/B): 1.15
• Price to Sales (P/S): 2.03
• P/FCF Ratio: 7.36
• Enterprise Value/Market Cap: 1.36
• Enterprise Value/Revenue: 3.19
• Enterprise Value/Gross Profit: 5.02
• Enterprise Value/Ebitda: 11.61
• 1Y Price Target: $35.00
• Price Target Upside: 7.59% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): 3.09
• Revenue Forecast (FY): $453.47M

• Rating: 81 Outperform
• Price Target: $36.00 ▲(10.67% Upside)
• Action: Upgraded Date: 01/26/26
• Date: Action: Upgraded 01/26/26

The score is driven primarily by strong financial performance (rapid revenue growth, improved profitability, solid leverage and cash conversion) and a supportive earnings outlook with strong capital returns (dividend increase and buyback authorization). Technicals are positive with an uptrend and healthy momentum, while valuation appears reasonable at a low P/E; the main offsets are credit metric upticks, deposit softness tied to balance-sheet actions, and sensitivity to falling rates.

Positive Factors

Revenue & Profitability

Consistent TTM revenue growth of 40.8% and expanded net margin (27.27%) indicate durable earnings power from core lending and fee businesses. Strong margins plus high FCF conversion (FCF/net income ~0.96) support reinvestment, dividend capacity and resilience across cycles.

Capital Strength & Returns

Robust capital ratios (CET1 12.33%, TCE/TA ~11.29%) combined with a 20% dividend increase and buyback authorization provide lasting capital flexibility. This supports safe lending growth, loss absorption and shareholder returns without forcing aggressive asset retrenchment.

Strategic Execution & New Initiatives

Rapid integration of an acquisition and the launch of a commercial payments business (adding ~$70M in liabilities) diversify revenue and deepen commercial relationships. These durable initiatives should expand fee income, cross-sell potential and customer stickiness over the medium term.

Negative Factors

Asset Sensitivity / Rate Risk

Byline's asset sensitivity means falling rates can structurally compress net interest income until assets reprice. Management's guidance embeds a 50bp cut; a larger or faster decline would reduce durable margin and make earnings generation and interest-earning asset economics more uncertain.

Deposit Base & Balance-Sheet Actions

Intentional deposit reductions and securities sales to manage an asset threshold trimmed the earning asset base. Persistent lower core deposits or recurring balance-sheet tinkering can constrain loan funding, reduce net interest income potential and increase reliance on pricier funding over time.

Rising Credit Stress

Increases in NPLs (95bps) and NPAs (77bps) alongside a higher provision ($9.7M) signal rising credit pressure. Persistently elevated charge-offs or provisions would erode net income and capital, limit risk appetite for new lending and raise the cost of credit over the medium term.

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. It offers various retail deposit products, including non-interest-bearing accounts, money market demand accounts, savings accounts, interest-bearing checking accounts, and time deposits; ATM and debit cards; and online, mobile, and text banking services, as well as commercial deposits. The company also provides term loans, revolving lines of credit, and construction financing services; senior secured financing solutions to private equity backed lower middle market companies; small business administration and united states department of agriculture loans; and treasury management products and services. In addition, it offers financing solutions for equipment vendors and their end users; and investment, trust, and wealth management services that include fiduciary and executor services, financial planning solutions, investment advisory services, and private banking services for foundations and endowments, and high net worth individuals. It operates through 43 branch locations in the Chicago metropolitan area and one branch in Brookfield, Wisconsin. The company was formerly known as Metropolitan Bank Group, Inc. and changed its name to Byline Bancorp, Inc. in 2015. Byline Bancorp, Inc. was founded in 1914 and is headquartered in Chicago, Illinois.

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 loans, small business loans, and consumer loans, allowing it to earn interest over time. Additionally, Byline Bank earns non-interest income through service fees associated with deposit accounts, treasury management services, and other financial products. The bank's emphasis on building relationships with local businesses enables it to cultivate a loyal customer base, enhancing its loan portfolio and fee-based services. Furthermore, Byline Bancorp benefits from partnerships with local organizations and business associations, which can lead to increased referrals and new client acquisitions, ultimately contributing to its overall profitability.

Byline Bancorp Financial Statement Overview

Summary

Strong fundamentals led by rapid TTM revenue growth (40.8%) and improved profitability (TTM net margin 27.27%), supported by solid cash conversion (FCF to net income 0.96). Balance sheet is sound with improved leverage (D/E 0.47) and stable ROE (10.82%), though relatively low EBIT margin (3.73%) and some cash generation efficiency flags keep the score below top-tier.

Income Statement

Byline Bancorp shows strong revenue growth with a TTM revenue growth rate of 40.8%, indicating robust expansion. The gross profit margin is healthy at 62.23%, and the net profit margin has improved to 27.27% in the TTM, reflecting effective cost management and profitability. However, the EBIT margin of 3.73% suggests room for improvement in operational efficiency.

Balance Sheet

The company's debt-to-equity ratio has improved to 0.47 in the TTM, indicating a more balanced capital structure compared to previous years. Return on equity is stable at 10.82%, showcasing consistent shareholder returns. The equity ratio stands at 12.61%, suggesting a solid equity base relative to total assets.

Cash Flow

Free cash flow growth is strong at 17.09% in the TTM, highlighting effective cash management. The free cash flow to net income ratio is high at 0.96, indicating efficient conversion of income into cash. However, the operating cash flow to net income ratio is low, suggesting potential areas for improving operational cash generation.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	623.98M	621.42M	532.47M	356.46M	316.14M	293.52M
Gross Profit	395.69M	376.50M	351.96M	296.35M	302.63M	212.59M
EBITDA	171.29M	166.11M	150.21M	118.97M	130.20M	58.15M
Net Income	125.85M	120.76M	107.88M	87.95M	92.78M	37.47M
Balance Sheet
Total Assets	9.81B	9.50B	8.88B	7.36B	6.70B	6.39B
Cash, Cash Equivalents and Short-Term Investments	1.49B	1.73B	1.57B	1.35B	1.61B	1.53B
Total Debt	581.53M	774.65M	553.78M	765.82M	645.77M	385.79M
Total Liabilities	8.57B	8.41B	7.89B	6.60B	5.86B	5.59B
Stockholders Equity	1.24B	1.09B	990.15M	765.82M	836.38M	805.46M
Cash Flow
Free Cash Flow	128.98M	171.17M	162.21M	216.70M	72.19M	105.11M
Operating Cash Flow	134.56M	175.16M	166.07M	220.33M	74.43M	109.02M
Investing Cash Flow	-266.28M	-330.92M	-336.24M	-819.86M	-236.05M	-886.36M
Financing Cash Flow	-61.86M	492.76M	216.96M	620.95M	236.13M	780.01M

Byline Bancorp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 32.53
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BY, the sentiment is Positive. The current price of 32.53 is below the 20-day moving average (MA) of 32.71, above the 50-day MA of 31.19, and above the 200-day MA of 28.19, indicating a neutral trend. The MACD of 0.37 indicates Positive momentum. The RSI at 54.36 is Neutral, neither overbought nor oversold. The STOCH value of 35.31 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BY.

Byline Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BY	81 Outperform	$1.46B	11.03	10.78%	1.34%	1.31%	2.02%
QCRH	79 Outperform	$1.48B	11.82	11.80%	0.28%	-2.42%	3.83%
RBCAA	75 Outperform	$1.20B	10.40	12.35%	2.57%	5.21%	24.51%
DCOM	70 Outperform	$1.43B	13.83	4.23%	3.14%	-1.79%	-23.87%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
CNOB	64 Neutral	$1.35B	16.42	5.70%	2.68%	15.55%	-28.10%
TFIN	56 Neutral	$1.35B	63.26	1.11%	―	2.04%	-64.17%

Byline Bancorp Corporate Events

Byline Bancorp Announces New Stock Repurchase Program

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 from January 1, 2026, through December 31, 2026, reflects the company’s confidence in its capital position and its commitment to supporting long-term growth. The repurchase plan allows for flexibility in purchasing shares based on market conditions and legal requirements, with repurchased shares available for equity incentive plans and other corporate purposes.

The most recent analyst rating on (BY) stock is a Buy with a $30.00 price target. To see the full list of analyst forecasts on Byline Bancorp stock, see the BY Stock Forecast page.