Byline Bancorp (NYSE:BY) Hits New 12-Month High Following Better-Than-Expected Earnings

Shares of Byline Bancorp, Inc. (NYSE:BY) reached a new 52-week high on Friday following a better than expected earnings announcement. The stock traded as high as $39.13 and last traded at $39.1490, with a volume of 79977 shares changing hands. The stock had previously closed at $37.64.

The company reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.12. The business had revenue of $117.71 million during the quarter, compared to analyst estimates of $115.78 million. Byline Bancorp had a net margin of 23.36% and a return on equity of 11.94%.

Byline Bancorp Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 18th. Investors of record on Tuesday, August 4th will be given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 1.4%. This is a boost from Byline Bancorp’s previous quarterly dividend of $0.12. The ex-dividend date is Tuesday, August 4th. Byline Bancorp’s dividend payout ratio (DPR) is currently 14.50%.

Key Byline Bancorp News

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

• Positive Sentiment: Byline Bancorp beat Q2 expectations, reporting EPS of $0.91 versus the $0.79 consensus and revenue of $117.7 million versus $115.8 million expected, which suggests solid underlying earnings momentum. Article: Byline Bancorp (BY) Q2 Earnings and Revenues Top Estimates
• Positive Sentiment: The company announced a quarterly dividend of $0.14 per share, up 16.7% from $0.12 previously, signaling confidence in capital generation and shareholder returns.
• Positive Sentiment: Management described the quarter as delivering “strong” results with record revenues and improved non-interest income, which may support bullish sentiment toward Byline Bancorp’s operating trend. Article: Byline Bancorp, Inc. Reports Second Quarter 2026 Financial Results
• Neutral Sentiment: Analysts and market coverage are also digesting the earnings call transcript and key-metrics breakdown, which should help investors assess whether the quarter’s outperformance is sustainable. Article: Byline Bancorp, Inc. (BY) Q2 2026 Earnings Call Transcript
• Negative Sentiment: Zacks Research downgraded Byline Bancorp from “strong-buy” to “hold,” which may cap upside as some investors reassess valuation after the post-earnings move.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on BY. Raymond James Financial started coverage on Byline Bancorp in a research note on Wednesday, July 8th. They set a “market perform” rating for the company. Zacks Research cut shares of Byline Bancorp from a “strong-buy” rating to a “hold” rating in a research note on Wednesday. Weiss Ratings reissued a “buy (b)” rating on shares of Byline Bancorp in a report on Wednesday, May 13th. Finally, Piper Sandler boosted their target price on shares of Byline Bancorp from $37.00 to $40.00 and gave the company an “overweight” rating in a research report on Monday, April 27th. Two 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, Byline Bancorp has a consensus rating of “Hold” and an average target price of $36.00.

Institutional Trading of Byline Bancorp

Several hedge funds have recently bought and sold shares of the stock. AQR Capital Management LLC increased its position in Byline Bancorp by 34.4% in the first quarter. AQR Capital Management LLC now owns 137,998 shares of the company’s stock worth $3,610,000 after buying an additional 35,324 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Byline Bancorp by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,491 shares of the company’s stock valued at $484,000 after acquiring an additional 770 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Byline Bancorp by 7.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 76,245 shares of the company’s stock valued at $1,995,000 after acquiring an additional 5,213 shares during the period. Jane Street Group LLC increased its holdings in Byline Bancorp by 71.0% in the 1st quarter. Jane Street Group LLC now owns 152,478 shares of the company’s stock worth $3,989,000 after acquiring an additional 63,317 shares in the last quarter. Finally, Legal & General Group Plc increased its holdings in Byline Bancorp by 2.5% in the 2nd quarter. Legal & General Group Plc now owns 29,577 shares of the company’s stock worth $791,000 after acquiring an additional 712 shares in the last quarter. Institutional investors own 67.73% of the company’s stock.

Byline Bancorp Stock Performance

The company’s fifty day moving average is $35.60 and its 200-day moving average is $33.20. The company has a market capitalization of $1.75 billion, a PE ratio of 11.67 and a beta of 0.72.

Byline Bancorp Company Profile

Byline Bancorp, Inc is the bank holding company for Byline Bank, a full-service commercial bank headquartered in Chicago, Illinois. Established under its current name in 2016, the company operates as a community-focused financial institution offering a broad array of banking products and services to corporate, professional and consumer clients.

On the commercial banking side, Byline Bancorp serves small and midsize businesses, real estate developers, professional services firms and nonprofit organizations.