Byline Bancorp (NYSE:BY – Get Free Report) will be issuing its quarterly earnings data after the market closes on Thursday, October 24th. Analysts expect the company to announce earnings of $0.65 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.
Byline Bancorp (NYSE:BY – Get Free Report) last issued its earnings results on Thursday, July 25th. The company reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.05. Byline Bancorp had a return on equity of 12.69% and a net margin of 19.42%. The company had revenue of $154.41 million for the quarter, compared to the consensus estimate of $99.25 million. During the same quarter last year, the company earned $0.73 EPS. On average, analysts expect Byline Bancorp to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Byline Bancorp Price Performance
BY stock opened at $26.59 on Wednesday. Byline Bancorp has a 1-year low of $18.39 and a 1-year high of $29.49. The business has a 50 day simple moving average of $26.46 and a two-hundred day simple moving average of $24.67. The company has a market capitalization of $1.17 billion, a price-to-earnings ratio of 9.74 and a beta of 1.12.
Insider Buying and Selling at Byline Bancorp
Analyst Upgrades and Downgrades
A number of equities analysts recently weighed in on the stock. Piper Sandler restated an “overweight” rating and set a $34.00 target price (up previously from $27.00) on shares of Byline Bancorp in a research report on Wednesday, July 31st. Keefe, Bruyette & Woods lifted their target price on Byline Bancorp from $25.00 to $29.00 and gave the stock a “market perform” rating in a report on Monday, July 29th. Finally, Stephens increased their price target on Byline Bancorp from $27.00 to $29.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 30th.
Check Out Our Latest Stock Report on Byline Bancorp
Byline Bancorp Company Profile
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.
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