Byline Bancorp
About: Byline Bancorp Inc is the holding company for Byline Bank, a full-service commercial bank serving small-and-medium-sized businesses, financial sponsors, and consumers. The company offers a broad range of banking products and services to small and medium sized businesses, commercial real estate and online account opening to consumer and business. Also provide trust and wealth management services to our customers. In addition to traditional commercial banking business, company provide small ticket equipment leasing solutions through Byline Financial Group, a wholly-owned subsidiary of Byline Bank.
Employees: 1,055
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
38% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 40
10% more capital invested
Capital invested by funds: $402M [Q1] → $443M (+$40.9M) [Q2]
5% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 19
1% more funds holding
Funds holding: 132 [Q1] → 133 (+1) [Q2]
0.58% more ownership
Funds ownership: 41.68% [Q1] → 42.25% (+0.58%) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 3 (+0) [Q2]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Piper Sandler Nathan Rice 83% 1-year accuracy 5 / 6 met price target | 29%upside $34 | Overweight Reiterated | 31 Jul 2024 |
Stephens & Co. Terry McEvoy 88% 1-year accuracy 15 / 17 met price target | 10%upside $29 | Equal-Weight Maintained | 30 Jul 2024 |
Keefe, Bruyette & Woods Damon Delmonte 38% 1-year accuracy 3 / 8 met price target | 10%upside $29 | Market Perform Maintained | 29 Jul 2024 |
Financial journalist opinion
Based on 4 articles about BY published over the past 30 days