Byline Bancorp (BY)

• Market cap: $1.27B
• 1 day: 1.14%
• 5 days: 7.38%
• 1 month: -7.28%
• 3 months: 6.14%
• 6 months: 0.85%
• Year to date: 0.32%
• 1 year: 28.77%
• 5 years: 38.73%
• 10 years: 42.19%
• Sector: Financials
• Industry: State Commercial Banks

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 Q3 regulatory filings by fund managers ($100M+ AUM)

54% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 13

30% more repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 43

17% more capital invested

Capital invested by funds: $453M [Q2] → $529M (+$75.1M) [Q3]

5% more funds holding

Funds holding: 133 [Q2] → 139 (+6) [Q3]

1.36% more ownership

Funds ownership: 43.29% [Q2] → 44.65% (+1.36%) [Q3]

33% less funds holding in top 10

Funds holding in top 10: 3 [Q2] → 2 (-1) [Q3]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $33 16% upside
• Avg. target: $34 18% upside
• High target: $34 19% upside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

Keefe, Bruyette & Woods Damon Delmonte 33% 1-year accuracy 7 / 21 met price target	16% upside $33	Market Perform Maintained	4 Dec 2024
Piper Sandler Nathan Rice 50% 1-year accuracy 5 / 10 met price target	19% upside $34	Overweight Reiterated	29 Oct 2024