Byline Bancorp (BY) AI Stock Analysis

• Market Cap: $1.43B
• Dividend Yield: 1.34%
• Average Volume (3M): 203.18K
• Price to Earnings (P/E): 10.8
• Beta (1Y): 0.90
• 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: 2.33
• Price to Book (P/B): 1.03
• Price to Sales (P/S): 2.08
• P/FCF Ratio: 23.44
• Enterprise Value/Market Cap: 1.35
• Enterprise Value/Revenue: 3.07
• Enterprise Value/Gross Profit: 4.65
• Enterprise Value/Ebitda: 10.30
• 1Y Price Target: $35.00
• Price Target Upside: 12.18% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): 3.09
• Revenue Forecast (FY): $453.47M

• Rating: 69 Neutral
• Price Target: $34.00 ▲(8.97% Upside)
• Action: Downgraded Date: 02/28/26
• Date: Action: Downgraded 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.

Improved Capital & Leverage

Material deleveraging and equity growth have strengthened capital ratios and balance-sheet flexibility. Lower debt-to-equity plus CET1/TCE buffers increase capacity for organic lending, M&A, buybacks and dividend increases without immediate funding strain over the medium term.

Operational Execution & Strategic Initiatives

Management produced record net interest income, NIM expansion and tight expense discipline while integrating an acquisition quickly and launching a commercial payments business. These execution capabilities improve competitive positioning and diversify fee streams sustainably.

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.

Asset Sensitivity / Rate Risk

Byline's asset-sensitive profile exposes NII and NIM to interest-rate declines. Structural margin compression from Fed cuts would reduce core earnings from the loan book over several quarters unless offset by re-pricing, hedging or lower funding costs, pressuring profitability durability.

Rising Credit Stress

Increasing nonperforming loans and NPAs with higher provisions indicate asset-quality deterioration. If trends persist, elevated credit costs will erode net income, draw on capital cushions and constrain growth or capital returns during an economic slowdown.

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 multi-year revenue growth and solid profitability, plus meaningful deleveraging (debt-to-equity down to ~0.45x) support the score. The main offset is sharply weaker 2025 operating cash flow/free cash flow, creating near-term cash conversion volatility.

Income Statement

Revenue has grown strongly over the period (from $294M in 2020 to $629M in 2025), with an especially large step-up in 2025. Profitability is solid and fairly steady for a regional bank, with net margin around ~19%–25% in most years (20.7% in 2025) and EBIT margin improving versus 2024 (29.1% in 2025 vs. 25.9% in 2024). A key drawback is the compression in margins since 2021’s peak levels, suggesting the earnings profile is less favorable than it was earlier in the cycle.

Balance Sheet

Leverage has improved meaningfully, with debt-to-equity declining from ~1.0x (2022) to ~0.45x (2025), which strengthens balance-sheet flexibility. Equity has also grown (to ~$1.27B in 2025) alongside asset growth (to ~$9.65B). Returns on equity are consistent but not accelerating, hovering around ~10%–11% in recent years (10.3% in 2025), which is respectable but not standout and slightly below 2024.

Cash Flow

Cash generation weakened sharply in 2025: operating cash flow fell to ~$56M from ~$175M in 2024, and free cash flow declined by ~57% year over year. While free cash flow roughly matches net income across the history provided (near ~1.0x), the 2025 drop adds volatility and raises questions about near-term cash conversion consistency versus prior years.

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	55.76M	171.17M	162.21M	216.70M	72.19M
Operating Cash Flow	55.76M	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

• Technical Analysis Sentiment: Neutral
• Last Price: 31.20
• 50DMA: Negative
• 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 Neutral. The current price of 31.2 is below the 20-day moving average (MA) of 32.68, below the 50-day MA of 31.20, and above the 200-day MA of 28.21, indicating a neutral trend. The MACD of 0.23 indicates Positive momentum. The RSI at 42.52 is Neutral, neither overbought nor oversold. The STOCH value of 32.45 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for BY.

Byline Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RBCAA	75 Outperform	$1.20B	10.37	12.35%	2.57%	5.21%	24.51%
DCOM	70 Outperform	$1.42B	13.71	4.23%	3.14%	-1.79%	-23.87%
BY	69 Neutral	$1.43B	10.81	10.78%	1.34%	1.31%	2.02%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
QCRH	65 Neutral	$1.44B	11.54	11.80%	0.28%	-2.42%	3.83%
CNOB	64 Neutral	$1.33B	16.23	5.70%	2.68%	15.55%	-28.10%
TFIN	50 Neutral	$1.33B	60.40	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.