Based on ratings from 6 stock analysts, the Byline Bancorp Inc stock price is expected to increase by 5.67% in 12 months. This is calculated by using the average 12-month stock price forecast for Byline Bancorp Inc. The lowest target is $29 and the highest is $36. Please note analyst price targets are not guaranteed and could be missed completely.
Byline Bancorp Inc has a total of 6 Wall St Analyst ratings. There are 3 buy ratings, 3 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Byline Bancorp Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of BY.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Nathan Rice Piper Sandler | Overweight | $34 | Reiterates | Oct 29, 2024 |
Nathan Rice Piper Sandler | Overweight | $34 | Reiterates | Jul 31, 2024 |
Terry McEvoy Stephens & Co. | Equal-Weight | $29 | Maintains | Jul 30, 2024 |
Damon Delmonte Keefe, Bruyette & Woods | Market Perform | $29 | Maintains | Jul 29, 2024 |
Terry McEvoy Stephens & Co. | Equal-Weight | $25 | Maintains | Apr 3, 2024 |
Nathan Rice Piper Sandler | Overweight | $28 | Maintains | Jan 30, 2024 |
Terry McEvoy Stephens & Co. | Equal-Weight | $23 | Reiterates | May 2, 2023 |
Damon Delmonte Keefe, Bruyette & Woods | Market Perform | $23 | Maintains | May 1, 2023 |
David Long Raymond James | Market Perform | Initiates | Aug 26, 2022 | |
Janney Montgomery Scott | Buy | Upgrade | May 17, 2022 | |
Stephens & Co. | Equal-Weight | Downgrade | Aug 2, 2021 | |
Piper Sandler | Overweight | $17 | Maintains | Oct 26, 2020 |
Piper Sandler | Overweight | $16 | Maintains | Jul 27, 2020 |
Stephens & Co. | Overweight | Upgrade | Dec 19, 2019 | |
Piper Sandler | Overweight | $22 | Maintains | Sep 25, 2019 |
Piper Jaffray | Overweight | Maintains | Sep 25, 2019 | |
Bank of America | Neutral | Downgrade | Jan 10, 2019 | |
B of A Securities | Neutral | Downgrade | Jan 10, 2019 | |
Piper Sandler | Hold | Initiates | May 30, 2018 | |
Sandler O'Neill | Hold | Initiates | May 30, 2018 |
When did it IPO
2017
Staff Count
1,036
Country
United States
Sector/Industry
Financial Services/Banks - Regional
CEO
Mr. Roberto R. Herencia
Market Cap
$1.39B
In 2023, BY generated $383.6M in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that BY's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Investors should monitor Byline Bancorp (BY) stock due to notable activity in the options market recently.
Why It Matters - Increased activity in Byline Bancorp's options market may signal investor sentiment shifts, potentially affecting stock volatility and pricing, prompting closer scrutiny for trading opportunities.
Summary - Byline Bank received recognition in the annual employer awards from the Chicago Sun-Times and the Illinois Society for Human Resource Management.
Why It Matters - Recognition by reputable organizations enhances Byline Bank's reputation, potentially attracting new clients and talent, which can lead to increased profitability and shareholder value.
Summary - Byline Bancorp, Inc. will hold its Q3 2024 Earnings Conference Call on October 25, 2024, at 10:00 AM ET, featuring key executives and analysts from various financial firms.
Why It Matters - The earnings call provides insights into Byline Bancorp's financial performance and strategic direction, impacting stock valuation and investor sentiment.
Summary - Byline Bancorp, Inc. reported a net interest income of $87.5M for Q3 2024, up from $86.5M in Q2 2024, and announced a merger agreement with First Security Bancorp, Inc.
Why It Matters - Byline Bancorp's merger with First Security Bancorp may enhance market share and efficiency, potentially leading to improved financial performance and investor returns.
Summary - Byline Bancorp's Q3 2024 performance metrics are being compared to Wall Street estimates and year-ago figures, indicating important financial insights for investors.
Why It Matters - Comparing Byline Bancorp's key metrics to Wall Street estimates and past performance helps assess growth potential and earnings consistency, influencing investment decisions and stock valuation.
Summary - Byline Bancorp (BY) reported quarterly earnings of $0.70 per share, exceeding the Zacks Consensus Estimate of $0.65, but down from $0.77 per share a year earlier.
Why It Matters - Byline Bancorp's earnings beat estimates, indicating stronger performance than expected, though a decline from last year suggests potential concerns about growth sustainability.