A Business at a Glance
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BYLINE BANCORP, INC.
BY
$1.7B
Mkt Cap
$38.60
+2.55%
BYLINE BANCORP, INC. (BY) has a current P/E ratio of 13.4, compared to its historical median P/E of 10.7. The stock is currently considered Fair based on its historical valuation range.
BYLINE BANCORP, INC. (BY) has a 5-year average return on invested capital (ROIC) of 11.3%. This indicates solid capital allocation.
BYLINE BANCORP, INC. (BY) has a market capitalization of $1.8B. It is classified as a small-cap stock.
Yes, BYLINE BANCORP, INC. (BY) pays a dividend with a trailing twelve-month yield of 1.09%. The company also returns capital through share buybacks, with a buyback yield of 1.87%.
Based on historical P/E analysis, BYLINE BANCORP, INC. (BY) appears fair. The current P/E of 13.4 is 24% above its historical median of 10.7. The estimated fair value CAGR (P/E method) is 16.8%.
BYLINE BANCORP, INC. (BY) operates in the State Commercial Banks industry, within the Financials sector.
BYLINE BANCORP, INC. (BY) reported annual revenue of $633 million in its most recent fiscal year, based on SEC EDGAR filings.
Byline Bancorp, Inc., headquartered in Chicago, Illinois, is a bank holding company. We conduct all our business activities through our subsidiary, Byline Bank, a full service commercial bank, and Byline Bank’s subsidiaries. The words "the Company," "we," "Byline," "our" and "us" refer to Byline Bancorp, Inc. and its consolidated subsidiaries, unless we indicate otherwise. We offer a broad range of banking products and services to small and medium sized businesses, commercial real estate and financial sponsors and to consumers who generally live or work near our branches. We also offer online account opening to consumer and business customers through our website and provide trust and wealth management services to our customers.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 456M | 633M | 625M | 536M | 359M | 323M |
| Net Income | 139M | 130M | 121M | 108M | 88M | 92M |
| EPS | $3.05 | $2.89 | $2.75 | $2.67 | $2.34 | $2.40 |
| Free Cash Flow | 165M | 136M | 171M | 162M | 217M | 72M |
| ROIC | 0.0% | 10.7% | 11.6% | 12.3% | 11.0% | 11.2% |
| Gross Margin | - | - | - | - | - | - |
| Debt/Equity | 4.45 | 0.06 | 0.01 | 0.02 | 0.00 | 15.95 |
| Dividends/Share | $0.42 | $0.40 | $0.36 | $0.36 | $0.36 | $0.30 |
| Operating Income | 0 | 173M | 161M | 146M | 115M | 124M |
| Operating Margin | 0.0% | 27.4% | 25.8% | 27.2% | 32.0% | 38.4% |
| ROE | 10.9% | 11.0% | 11.6% | 12.3% | 11.0% | 11.2% |
| Shares Outstanding | 45M | 45M | 44M | 40M | 38M | 38M |
| Metric | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||
| Revenue | 104M | 124M | 186M | 257M | 320M | 301M | 323M | 359M | 536M | 625M | 633M | 456M |
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A | 46M | 51M | 67M | 80M | 95M | 90M | 101M | 118M | 127M | 140M | 150M | 150M |
| EBIT | -15M | 5.5M | 41M | 55M | 77M | 52M | 124M | 115M | 146M | 161M | 173M | 0 |
| Op. Margin | -14.1% | 4.4% | 22.0% | 21.6% | 24.1% | 17.1% | 38.4% | 32.0% | 27.2% | 25.8% | 27.4% | 0.0% |
| Net Income | -15M | 67M | 10M | 40M | 56M | 37M | 92M | 88M | 108M | 121M | 130M | 139M |
| Net Margin | -14.4% | 53.7% | 5.6% | 15.8% | 17.5% | 12.2% | 28.5% | 24.5% | 20.1% | 19.3% | 20.5% | 30.6% |
| Non-Recurring | 490K | -20K | -110K | 952K | 56K | -3.0M | 313K | -297K | 723K | 1.3M | 672K | 672K |
| Returns on Capital | ||||||||||||
| ROIC | N/A | 23.4% | 2.5% | 7.3% | 8.0% | 4.7% | 11.2% | 11.0% | 12.3% | 11.6% | 10.7% | 0.0% |
| ROE | N/A | 23.4% | 2.5% | 7.3% | 8.0% | 4.7% | 11.2% | 11.0% | 12.3% | 11.6% | 11.0% | 10.9% |
| ROA | N/A | 4.0% | 0.3% | 1.0% | 1.1% | 0.6% | 1.4% | 1.2% | 1.3% | 1.3% | 1.4% | 1.4% |
| Cash Flow | ||||||||||||
| Op. Cash Flow | -43M | 4.2M | 27M | 80M | 29M | 109M | 74M | 220M | 166M | 175M | 140M | 168M |
| Free Cash Flow | -47M | -1.7M | 24M | 77M | 25M | 105M | 72M | 217M | 162M | 171M | 136M | 165M |
| Owner Earnings | -50M | 334K | 22M | 73M | 20M | 99M | 63M | 208M | 153M | 162M | 125M | 128M |
| CapEx | 4.0M | 5.9M | 2.5M | 2.6M | 4.3M | 3.9M | 2.2M | 3.6M | 3.9M | 4.0M | 4.0M | 2.4M |
| Maint. CapEx | 5.8M | 3.0M | 3.1M | 5.6M | 7.7M | 7.6M | 7.1M | 6.7M | 6.0M | 5.4M | 5.6M | 31M |
| Growth CapEx | 0 | 2.9M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| D&A | 5.8M | 3.0M | 3.1M | 5.6M | 7.7M | 7.6M | 7.1M | 6.7M | 6.0M | 5.4M | 5.6M | 31M |
| CapEx/OCF | N/A | N/A | 9.5% | 3.2% | 14.6% | 3.6% | 3.0% | 1.6% | 2.3% | 2.3% | 2.8% | 1.5% |
| Capital Allocation | ||||||||||||
| Dividends Paid | 0 | 0 | 11M | 783K | 0 | 5.7M | 11M | 13M | 15M | 16M | 18M | 19M |
| Dividend Yield | N/A | N/A | 2.2% | 0.1% | N/A | 1.2% | 1.4% | 1.6% | 1.8% | 1.5% | 1.5% | 1.1% |
| Share Buybacks | 0 | 0 | 15M | 0 | 0 | 1.7M | 29M | 17M | 0 | 0 | 24M | 33M |
| Buyback Yield | N/A | N/A | N/A | N/A | N/A | 0.3% | 2.9% | 2.1% | N/A | N/A | 1.8% | 1.9% |
| Stock-Based Comp | 1.0M | 899K | 1.5M | 1.5M | 1.7M | 2.6M | 4.0M | 5.3M | 6.7M | 7.9M | 9.3M | 9.5M |
| Debt Repayment | 0 | 0 | 0 | 5.9B | 8.5B | 9.7B | 13.1B | 22.1B | 18.0B | 2.5B | 7.6B | 7.6B |
| Balance Sheet | ||||||||||||
| Net Debt | N/A | -634M | N/A | 5.0B | 7.2B | 7.9B | 11.7B | -1.4B | -1.6B | -2.0B | -1.5B | 3.8B |
| Cash & Equiv. | 45M | 47M | 58M | 122M | 81M | 83M | 158M | 179M | 226M | 563M | 149M | 1.9B |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0 | 0 | 74M | 13M |
| Debt/Equity | N/A | 0.05 | 6.34 | 9.12 | 11.35 | 11.76 | 15.95 | 0.00 | 0.02 | 0.01 | 0.06 | 4.45 |
| Interest Coverage | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Equity | N/A | 383M | 459M | 651M | 750M | 805M | 836M | 766M | 990M | 1.1B | 1.3B | 1.3B |
| Total Assets | N/A | 3.3B | 3.4B | 4.9B | 5.5B | 6.4B | 6.7B | 7.4B | 8.9B | 9.5B | 9.7B | 9.9B |
| Total Liabilities | N/A | 2.9B | 2.9B | 4.3B | 4.8B | 5.6B | 5.9B | 6.6B | 7.9B | 8.4B | 8.4B | 8.6B |
| Intangibles | N/A | 20M | 17M | 33M | 32M | 24M | 17M | 11M | 22M | 16M | 19M | 17M |
| Retained Earnings | N/A | 51M | 61M | 103M | 159M | 191M | 272M | 336M | 429M | 534M | 646M | 678M |
| Working Capital | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Per Share Data | ||||||||||||
| EPS | -0.86 | 3.27 | 0.38 | 1.18 | 1.48 | 0.96 | 2.40 | 2.34 | 2.67 | 2.75 | 2.89 | 3.05 |
| Owner EPS | -2.89 | 0.02 | 0.81 | 2.13 | 0.52 | 2.59 | 1.65 | 5.55 | 3.80 | 3.69 | 2.79 | 2.81 |
| Book Value | N/A | 18.75 | 16.73 | 19.00 | 19.75 | 21.08 | 21.82 | 20.42 | 24.51 | 24.86 | 28.18 | 28.17 |
| Cash Flow/Share | -2.50 | 0.21 | 0.98 | 2.33 | 0.77 | 2.85 | 1.94 | 5.88 | 4.11 | 3.99 | 3.12 | 3.75 |
| Dividends/Share | N/A | N/A | 0.41 | 0.02 | 0.00 | 0.12 | 0.30 | 0.36 | 0.36 | 0.36 | 0.40 | 0.42 |
| Shares Out. | 17.4M | 20.4M | 27.4M | 34.2M | 38.0M | 38.2M | 38.3M | 37.5M | 40.4M | 43.9M | 45.0M | 45.4M |
| Valuation | ||||||||||||
| P/E Ratio | N/A | N/A | 55.3 | 12.8 | 11.9 | 14.9 | 10.7 | 9.2 | 8.7 | 10.3 | 10.2 | 12.6 |
| P/FCF | N/A | N/A | 23.7 | 6.7 | 26.8 | 5.2 | 13.7 | 3.7 | 5.8 | 7.3 | 9.8 | 10.6 |
| EV/EBIT | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price/Book | N/A | N/A | 1.3 | 0.8 | 0.9 | 0.7 | 1.2 | 1.1 | 0.9 | 1.1 | 1.1 | 1.4 |
| Price/Sales | N/A | N/A | 3.0 | 3.0 | 2.4 | 1.8 | 2.6 | 2.7 | 2.1 | 2.6 | 2.7 | 3.9 |
| FCF Yield | N/A | N/A | 4.2% | 14.9% | 3.7% | 19.2% | 7.3% | 26.9% | 17.3% | 13.7% | 10.2% | 9.4% |
| Market Cap | N/A | N/A | 576M | 519M | 671M | 547M | 988M | 805M | 940M | 1.2B | 1.3B | 1.8B |
| Avg. Price | N/A | N/A | 18.99 | 20.18 | 16.96 | 12.75 | 21.16 | 22.85 | 19.98 | 24.21 | 27.14 | 38.60 |
| Year-End Price | N/A | N/A | 21.01 | 15.16 | 17.66 | 14.31 | 25.78 | 21.48 | 23.27 | 28.43 | 29.60 | 38.60 |
BYLINE BANCORP, INC. passes 6 of 9 quality checks, suggesting mixed fundamentals.
BYLINE BANCORP, INC. trades at 13.4x trailing earnings, compared to its 15-year median P/E of 10.7x, suggesting it is currently Fair relative to its historical range. On a free-cash-flow basis, the stock trades at 12.9x vs a median of 7.3x. The company's 5-year average ROIC is 11.3%. Total shareholder yield (dividends + buybacks) is 3.0%. At current prices, the estimated annualized return to fair value is +14.5%.
BYLINE BANCORP, INC. (BY) has a net profit margin of 20.5%. This is a strong margin indicating high profitability.
BYLINE BANCORP, INC. (BY) generated $136 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
BYLINE BANCORP, INC. (BY) has a debt-to-equity ratio of 0.06. This indicates a conservatively financed balance sheet.
BYLINE BANCORP, INC. (BY) reported earnings per share (EPS) of $2.89 in its most recent fiscal year.
BYLINE BANCORP, INC. (BY) has a return on equity (ROE) of 11.0%. This indicates moderate shareholder returns.
The Ledger Terminal provides 11 years of financial data for BYLINE BANCORP, INC. (BY), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
BYLINE BANCORP, INC. (BY) has a book value per share of $28.18, based on its most recent annual SEC filing.