Byline Bancorp (NYSE:BY) Releases Earnings Results, Beats Estimates By $0.12 EPS

Byline Bancorp (NYSE:BY) released its earnings results on Thursday. The company reported $0.94 earnings per share for the quarter, beating analysts’ consensus estimates of $0.82 by $0.12, FiscalAI reports. The company had revenue of $121.01 million for the quarter, compared to analysts’ expectations of $116.88 million. Byline Bancorp had a net margin of 24.06% and a return on equity of 12.04%.

Byline Bancorp Stock Up 1.1%

NYSE BY traded up $0.40 on Friday, reaching $38.39. The company had a trading volume of 393,485 shares, compared to its average volume of 232,806. The stock has a market capitalization of $1.73 billion, a PE ratio of 11.19 and a beta of 0.73. The firm’s 50 day moving average price is $37.73 and its 200 day moving average price is $36.20. Byline Bancorp has a 12 month low of $26.39 and a 12 month high of $40.03.

Byline Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, November 17th. Shareholders of record on Tuesday, November 3rd will be issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Tuesday, November 3rd. Byline Bancorp’s payout ratio is currently 16.33%.

Wall Street Analysts Forecast Growth

BY has been the subject of a number of analyst reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Byline Bancorp in a research note on Friday, August 7th. Raymond James Financial restated a “market perform” rating on shares of Byline Bancorp in a research report on Friday. Keefe, Bruyette & Woods upped their price objective on Byline Bancorp from $37.00 to $41.00 and gave the stock a “market perform” rating in a research note on Monday, July 27th. Stephens set a $40.00 target price on Byline Bancorp in a research report on Monday, July 27th. Finally, Piper Sandler increased their target price on Byline Bancorp from $40.00 to $46.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 28th. Three analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $43.00.

Key Byline Bancorp News

Here are the key news stories impacting Byline Bancorp this week:

• Positive Sentiment: Quarterly earnings and revenue exceeded expectations. Byline reported earnings of $0.94 per share, beating the $0.82 consensus estimate and rising from $0.83 a year earlier. Revenue reached a record $121.0 million, above analysts’ $116.88 million forecast and up 4.6% year over year. Byline Bancorp Reports Third Quarter 2026 Financial Results
• Positive Sentiment: Core banking revenue continued to improve. Net interest income increased 2.8% from the prior quarter to $103.7 million and was up 3.8% from the year-ago period. Non-interest income also rose to $17.3 million, supporting the record total revenue. Byline Bancorp Q3 Earnings Metrics
• Positive Sentiment: Profitability remained solid. Byline posted a 23.36% net margin and an 11.84% return on equity, reinforcing the positive earnings surprise and likely supporting investor confidence in the company’s operating performance. Byline Bancorp Reports Q3 Earnings
• Positive Sentiment: Byline declared a quarterly cash dividend of $0.14 per share. The dividend is payable November 17 to shareholders of record November 3, equating to $0.56 annually and a yield of approximately 1.5%. The announcement adds to shareholder returns, although the yield is modest. Byline Bancorp Declares Cash Dividend

Insider Activity at Byline Bancorp

In other news, insider Dana Rose sold 2,421 shares of the firm’s stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $39.00, for a total transaction of $94,419.00. Following the completion of the transaction, the insider owned 11,605 shares in the company, valued at $452,595. This trade represents a 17.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Roberto R. Herencia sold 19,750 shares of the firm’s stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $39.21, for a total value of $774,397.50. Following the transaction, the chief executive officer owned 411,643 shares of the company’s stock, valued at approximately $16,140,522.03. The trade was a 4.58% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 622,171 shares of company stock worth $24,328,816 in the last quarter. 29.09% of the stock is owned by company insiders.

Byline Bancorp Company Profile

Byline Bancorp, Inc is the bank holding company for Byline Bank, a full-service commercial bank headquartered in Chicago, Illinois. The company focuses on serving small and mid-sized businesses, entrepreneurs, commercial real estate investors and consumers through a relationship-based banking model.

Byline Bank offers commercial and industrial lending, commercial real estate financing, small business and SBA loans, business checking and savings accounts, treasury management, and other cash-management services.