Byline Bancorp Inc (BY)
NYSE:BY
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Byline Bancorp
(NYSE:BY)
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Rating:73Outperform
Price Target:
$36.00
▲(6.76% Upside)
Action:ReiteratedDate:05/02/26
The score is driven primarily by solid fundamental performance and a positive earnings-call outlook (profitability, capital strength, and disciplined guidance), supported by an attractive low P/E valuation. This is tempered by softer latest-period cash-flow momentum and only mixed/neutral technical signals.
Positive Factors
Profitability
Sustained high profitability (ROA ~1.56%, ROTCE ~13.7%) and consistently strong pretax, pre-provision income provide durable internal cash generation and earnings resilience. This supports capital accumulation, dividend/buyback capacity and ability to absorb credit volatility over the next several quarters.
Negative Factors
Weak Near-Term Cash Flow Momentum
TTM declines in operating and free cash flow and an extremely low operating cash flow coverage ratio reduce internal liquidity flexibility. If cash generation remains weak, it could constrain discretionary capital returns, investment or reserve rebuilding during a credit or funding stress period.
Read all positive and negative factors
Positive Factors
Negative Factors
Profitability
Sustained high profitability (ROA ~1.56%, ROTCE ~13.7%) and consistently strong pretax, pre-provision income provide durable internal cash generation and earnings resilience. This supports capital accumulation, dividend/buyback capacity and ability to absorb credit volatility over the next several quarters.
Read all positive factors
Byline Bancorp (BY) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$1.51B
Dividend Yield1.34%
Average Volume (3M)203.18K
Price to Earnings (P/E)9.4
Beta (1Y)0.87
Revenue Growth3.02%
EPS Growth13.80%
CountryUS
Employees1,032
SectorFinancial
Sector Strength70
IndustryBanks - Regional
Share Statistics
EPS (TTM)3.09
Shares Outstanding45,409,260
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 Cap1.39
Enterprise Value/Revenue3.30
Enterprise Value/Gross Profit4.88
Enterprise Value/Ebitda10.53
Forecast
1Y Price Target
$36.00Price Target Upside6.76% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)3.23
Revenue Forecast (FY)$465.85M
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 primarily makes money through (1) net interest income and (2) noninterest income. Net interest income is earned on the spread between interest and fees collected on interest-earning assets (such as commercial loans, commercial real ...
Byline Bancorp Earnings Call Summary
Earnings Call Date:Apr 23, 2026
(Q1-2026)
| % Change Since: |
Next Earnings Date:Jul 23, 2026
Earnings Call Sentiment Positive
The call presented a largely positive operational and financial picture: strong profitability (ROA, ROTCE), robust deposit growth, improving efficiency, solid capital and tangible book value expansion, and constructive guidance for NII and noninterest income. Notable negatives were a quarter of fee volatility from fair value marks and one-offs, modest loan balance decline due to payoffs/runoff, and elevated net charge-offs that slightly exceeded provision. Management framed these negatives as manageable/transitory and emphasized disciplined capital deployment, stable asset quality and solid pipelines. Overall, the highlights materially outweigh the lowlights.Positive Updates
Strong Quarterly Earnings and EPS Growth
Net income of $37.6 million and diluted EPS of $0.83, representing growth of 8.9% and 9.2% (as reported) for the quarter.
Negative Updates
Decline in Noninterest Income and Fair Value Volatility
Noninterest income fell to $12.5 million (down ~$3.2 million QoQ) driven by a negative fair value mark on loan servicing assets (~$0.755M) and a $1.3M decline in fair value of equity securities; swap fee income and one-off lease valuation items also pressured fees.
Read all updates
Q1-2026 Updates
Positive
Negative
Strong Quarterly Earnings and EPS Growth
Net income of $37.6 million and diluted EPS of $0.83, representing growth of 8.9% and 9.2% (as reported) for the quarter.
Read all positive updates
Company Guidance
Management's forward-looking guidance called for second-quarter net interest income of $99–$101 million (based on a forward curve that currently assumes no 2026 rate cuts or hikes) and noninterest income of $14–$15 million (with gain-on-sale averaging about $5.5 million per quarter); full-year noninterest expense guidance remained unchanged at $58–$60 million per quarter. They expect mid‑single‑digit loan growth for the year (loan pipeline solid; Q1 originations $241 million, payoffs $320 million), a stable securities portfolio (reinvest cash flows), and continued NII growth driven by balance‑sheet growth and disciplined deposit pricing; deposit cost was 1.91% in Q1 and is expected to be relatively flat to down modestly. Capital and shareholder return flexibility were reinforced (CET1 ~12.5%, TCE ~11.1%, tangible book $23.79), the bank repurchased ~318,000 shares at an average $30.84 (returning ~40% of Q1 net income) and paid a $0.12 quarterly dividend, and management noted the Durbin rule headwind of roughly $3.5–$4.0 million (~4 bps ROA) beginning July 1, 2027.Byline Bancorp Financial Statement Overview
Summary
Income Statement
82
Very Positive
Balance Sheet
74
Positive
Cash Flow
63
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 634.03M | 629.49M | 621.42M | 532.47M | 356.46M | 316.14M |
| Gross Profit | 429.24M | 416.22M | 376.50M | 351.96M | 296.35M | 302.63M |
| EBITDA | 198.90M | 187.86M | 166.11M | 150.21M | 118.97M | 130.20M |
| Net Income | 139.38M | 130.05M | 120.76M | 107.88M | 87.95M | 92.78M |
Balance Sheet | ||||||
| Total Assets | 9.91B | 9.65B | 9.50B | 8.88B | 7.36B | 6.70B |
| Cash, Cash Equivalents and Short-Term Investments | 1.72B | 1.47B | 1.73B | 1.57B | 1.35B | 1.61B |
| Total Debt | 650.07M | 564.95M | 774.65M | 553.78M | 765.82M | 645.77M |
| Total Liabilities | 8.63B | 8.38B | 8.41B | 7.89B | 6.60B | 5.86B |
| Stockholders Equity | 1.28B | 1.27B | 1.09B | 990.15M | 765.82M | 836.38M |
Cash Flow | ||||||
| Free Cash Flow | 165.37M | 136.32M | 171.17M | 162.21M | 216.70M | 72.19M |
| Operating Cash Flow | 167.81M | 140.32M | 175.16M | 166.07M | 220.33M | 74.43M |
| Investing Cash Flow | -235.14M | -223.59M | -330.92M | -336.24M | -819.86M | -236.05M |
| Financing Cash Flow | -155.62M | -330.77M | 492.76M | 216.96M | 620.95M | 236.13M |
Byline Bancorp Technical Analysis
Positive
33.72
Price Trends
31.97
Positive
30.99
Positive
29.19
Positive
Market Momentum
0.59
Negative
69.49
Neutral
74.11
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 33.72 is above the 20-day moving average (MA) of 32.14, above the 50-day MA of 31.97, and above the 200-day MA of 29.19, indicating a bullish trend. The MACD of 0.59 indicates Negative momentum. The RSI at 69.49 is Neutral, neither overbought nor oversold. The STOCH value of 74.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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 |
|---|---|---|---|---|---|---|---|
79 Outperform | $1.51B | 8.92 | 6.32% | 2.68% | 39.87% | -5.34% | |
77 Outperform | $1.35B | 8.20 | 12.27% | 2.57% | -2.39% | 6.90% | |
73 Outperform | $1.51B | 9.42 | 11.20% | 1.34% | 3.02% | 13.80% | |
73 Outperform | $1.64B | 10.53 | 8.46% | 3.14% | 15.01% | 316.06% | |
68 Neutral | $1.52B | 10.66 | 12.33% | 0.28% | 3.37% | 19.68% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
64 Neutral | $1.58B | 55.83 | 3.40% | ― | 6.29% | 220.03% |
* Financial Sector Average
BY
Byline Bancorp
33.16
6.61
24.91%
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TFIN
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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.