Byline Bancorp (BY) AI Stock Analysis

• Market Cap: $1.05B
• Dividend Yield: 1.6%
• Average Volume (3M): 216.40K
• Price to Earnings (P/E): 9.3
• Beta (1Y): 0.96
• Revenue Growth: 7.63%
• EPS Growth: -1.13%
• Country: US
• Employees: 1,032
• Sector: Financial
• Sector Strength: 76
• Industry: Banks - Regional
• EPS (TTM): 0.65
• Shares Outstanding: 41,857,414
• 10 Day Avg. Volume: 409,974
• 30 Day Avg. Volume: 216,401
• PEG Ratio: -2.96
• Price to Book (P/B): 1.11
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 3.92
• Enterprise Value/Market Cap: 1.36
• Enterprise Value/Revenue: 0.77
• Enterprise Value/Gross Profit: 2.70
• Enterprise Value/Ebitda: 3.10
• 1Y Price Target: $32.33
• Price Target Upside: 29.06% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 73 Outperform
• Price Target: ―

Byline Bancorp demonstrates solid financial performance with consistent revenue growth and improved leverage ratios, complemented by a favorable valuation. The recent earnings call highlighted strong financial results and successful strategic initiatives, although challenges like economic uncertainty and pressures on specific business segments remain. Technical indicators suggest a mixed trend, with potential for recovery. Overall, the stock presents a stable investment opportunity with promising growth prospects.

Byline Bancorp Business Overview & Revenue Model

Company Description

Byline Bancorp, Inc. is a bank holding company headquartered in Chicago, Illinois. It operates through its subsidiary, Byline Bank, which provides a wide range of banking products and services to small and medium-sized businesses, commercial real estate developers, and consumers in the United States. The bank offers traditional retail banking services, including checking and savings accounts, personal and business loans, and treasury management solutions. Byline Bancorp is known for its community-focused approach and commitment to supporting local economic development.

How the Company Makes Money

Byline Bancorp primarily generates revenue through interest income from its lending activities, which include commercial loans, small business administration (SBA) loans, and consumer loans. The company earns interest on the loans it provides to businesses and individuals. Additionally, Byline earns fee income from various banking services, such as loan servicing fees, deposit account fees, and treasury management services. The bank also benefits from its SBA lending program, which often provides higher margins due to the guarantees provided by the U.S. government. Byline maintains significant partnerships with local businesses and community organizations, enhancing its ability to cross-sell products and deepen customer relationships, which further contributes to its profitability.

Byline Bancorp Financial Statement Overview

Summary

Byline Bancorp exhibits a solid financial performance with consistent revenue and profitability growth, coupled with improved leverage ratios. While cash flows are strong, potential volatility in financing activities and the absence of certain profitability metrics warrant cautious optimism. Overall, the company's financial health is stable, with promising growth prospects.

Income Statement

Byline Bancorp has demonstrated consistent revenue growth over recent years, reaching a total revenue of $534.3 million in 2023 from $263.1 million in 2019. The net profit margin improved to 20.20% in 2023, indicating enhanced profitability. However, the absence of EBITDA data in 2023 limits the full analysis of operational efficiency.

Balance Sheet

The company's balance sheet reflects a solid equity base with a Debt-to-Equity ratio reducing to 0.52 in 2023 from higher levels in previous years, showcasing improved leverage management. The equity ratio increased to 11.15% in 2023, indicating a stable capital structure, though it remains relatively low compared to industry norms.

Cash Flow

Byline Bancorp's cash flow statement shows robust operating cash flows, growing significantly to $166.1 million in 2023. The Free Cash Flow to Net Income ratio indicates strong cash generation relative to earnings. However, fluctuations in financing cash flows suggest potential volatility in financial strategies.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
392.99M	403.54M	534.27M	320.23M	303.61M	269.26M
	Gross Profit
526.12M	403.54M	353.28M	320.23M	303.61M	269.26M
	EBIT
24.98M	161.08M	145.68M	148.53M	124.21M	51.67M
	EBITDA
84.02M	0.00	0.00	118.97M	130.20M	58.15M
	Net Income Common Stockholders
118.57M	120.76M	107.88M	87.95M	92.78M	37.47M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.61B	346.78M	226.14M	1.35B	1.61B	1.53B
	Total Assets
9.58B	9.50B	8.88B	7.36B	6.70B	6.39B
	Total Debt
0.00	742.55M	513.17M	751.43M	630.15M	757.69M
	Net Debt
273.77M	179.41M	287.03M	572.08M	472.21M	674.27M
	Total Liabilities
8.45B	8.41B	7.89B	6.60B	5.86B	5.59B
	Stockholders Equity
1.13B	1.09B	990.15M	765.82M	836.38M	805.46M
Cash Flow		Free Cash Flow
109.34M	171.17M	162.21M	216.70M	72.19M	105.11M
	Operating Cash Flow
111.43M	173.76M	166.07M	220.33M	74.43M	109.02M
	Investing Cash Flow
-178.22M	-324.88M	-336.24M	-819.86M	-236.05M	-886.36M
	Financing Cash Flow
46.82M	492.76M	216.96M	620.95M	236.13M	780.01M

Byline Bancorp Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 25.05
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BY, the sentiment is Negative. The current price of 25.05 is below the 20-day moving average (MA) of 25.87, below the 50-day MA of 25.63, and below the 200-day MA of 27.39, indicating a bearish trend. The MACD of -0.24 indicates Positive momentum. The RSI at 39.46 is Neutral, neither overbought nor oversold. The STOCH value of 7.62 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BY.

Byline Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RBCAA	74 Outperform	$1.19B	11.40	11.98%	2.63%	12.35%	27.46%
BY	73 Outperform	$1.05B	9.28	11.08%	1.60%	7.63%	-1.13%
QCRH	71 Outperform	$1.09B	9.67	11.70%	0.37%	4.17%	-0.91%
DCOM	69 Neutral	$1.14B	41.11	2.45%	3.83%	-2.81%	-64.24%
LOB	67 Neutral	$1.28B	21.47	6.10%	0.43%	12.30%	-41.81%
Sector *	64 Neutral	$12.73B	9.92	7.90%	78.88%	12.06%	-7.95%
BHLB	62 Neutral	$1.11B	9.70	9.69%	3.01%	17.96%	399.48%

Byline Bancorp Corporate Events

Byline Bancorp Completes Major Share Sale and Repurchase

On June 12, 2025, the Estate of Daniel L. Goodwin and Equity Shares Investors, LLC completed the sale of 4,282,210 shares of Byline Bancorp, Inc. common stock in a registered public offering. Byline Bancorp did not receive proceeds from this sale but repurchased 418,235 shares at $23.91 each under its stock repurchase program, with some directors purchasing shares worth $1.27 million, indicating strategic financial maneuvers and stakeholder involvement.

The most recent analyst rating on (BY) stock is a Hold with a $33.00 price target. To see the full list of analyst forecasts on Byline Bancorp stock, see the BY Stock Forecast page.

Byline Bancorp Holds Annual Stockholders Meeting

Byline Bancorp, Inc. held its annual stockholders meeting on June 3, 2025, where approximately 84.07% of the company’s common stock was represented. During the meeting, stockholders elected ten directors for a one-year term, approved executive officer compensation on an advisory basis, and ratified Moss Adams LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025.

The most recent analyst rating on (BY) stock is a Buy with a $34.00 price target. To see the full list of analyst forecasts on Byline Bancorp stock, see the BY Stock Forecast page.

Byline Bancorp Renews $15M Credit Line with CIBC

Byline Bancorp, Inc. has entered into a series of amendments to its Term Loan and Revolving Credit Agreement with CIBC Bank USA. The latest amendment, effective May 25, 2025, renews a $15 million revolving line of credit and extends its maturity to May 24, 2026, reflecting the company’s ongoing efforts to maintain financial flexibility.

The most recent analyst rating on (BY) stock is a Hold with a $33.00 price target. To see the full list of analyst forecasts on Byline Bancorp stock, see the BY Stock Forecast page.

Byline Bancorp Completes Merger with First Security Bancorp

On April 1, 2025, Byline Bancorp, Inc. completed its merger with First Security Bancorp, Inc. and its subsidiary, First Security Trust and Savings Bank. This merger, which was effective on the same date, increased Byline’s total assets to approximately $9.8 billion as of December 31, 2024. The merger agreement stipulated that each share of First Security Bancorp’s common stock was converted into 2.3539 shares of Byline common stock, with the total merger consideration valued at approximately $41.5 million. This strategic move is expected to strengthen Byline’s position as a leading commercial bank in Chicago by combining two strong, community-focused franchises, thereby enhancing its service offerings and market presence.