Byline Bancorp (BY) Scheduled to Post Quarterly Earnings on Thursday

Byline Bancorp (NYSE:BY) will post its quarterly earnings results after the market closes on Thursday, July 25th. Analysts expect Byline Bancorp to post earnings of $0.63 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Byline Bancorp (NYSE:BY) last posted its quarterly earnings results on Friday, April 26th. The company reported $0.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.63 by $0.07. Byline Bancorp had a net margin of 19.91% and a return on equity of 13.18%. The company had revenue of $153.79 million during the quarter, compared to analyst estimates of $97.35 million. During the same period last year, the firm posted $0.65 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 $28.75 on Wednesday. The company has a market capitalization of $1.27 billion, a P/E ratio of 10.53 and a beta of 1.14. Byline Bancorp has a 12 month low of $18.39 and a 12 month high of $29.31. The firm’s fifty day simple moving average is $23.85 and its 200-day simple moving average is $22.31.

Insider Buying and Selling at Byline Bancorp

In other news, insider John Barkidjija sold 10,000 shares of the stock in a transaction dated Thursday, June 13th. The shares were sold at an average price of $22.64, for a total transaction of $226,400.00. Following the sale, the insider now directly owns 30,691 shares of the company’s stock, valued at approximately $694,844.24. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 30.06% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Hovde Group initiated coverage on shares of Byline Bancorp in a report on Monday, May 20th. They issued an “outperform” rating and a $27.50 price target on the stock. Stephens decreased their price target on Byline Bancorp from $26.00 to $25.00 and set an “equal weight” rating for the company in a report on Wednesday, April 3rd.

About Byline Bancorp

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.