Byline Bancorp (NYSE:BY) Price Target Raised to $45.00

Posted by George Bondi on Jul 30th, 2026

Byline Bancorp (NYSE:BY – Free Report) had its price objective increased by Hovde Group from $39.00 to $45.00 in a report released on Monday, MarketBeat.com reports. They currently have an outperform rating on the stock.

A number of other research analysts also recently weighed in on the stock. Raymond James Financial initiated coverage on shares of Byline Bancorp in a research report on Wednesday, July 8th. They issued 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 report on Wednesday, July 22nd. Piper Sandler increased their price objective on shares of Byline Bancorp from $37.00 to $40.00 and gave the stock an “overweight” rating in a research note on Monday, April 27th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Byline Bancorp in a report on Wednesday, May 13th. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $43.00.

Read Our Latest Stock Analysis on BY

Byline Bancorp Price Performance

Shares of NYSE:BY opened at $39.12 on Monday. The firm’s 50 day simple moving average is $35.99 and its 200 day simple moving average is $33.41. Byline Bancorp has a fifty-two week low of $25.38 and a fifty-two week high of $39.51. The company has a market capitalization of $1.78 billion, a price-to-earnings ratio of 11.82 and a beta of 0.72.

Byline Bancorp (NYSE:BY – Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.79 by $0.12. Byline Bancorp had a return on equity of 11.94% and a net margin of 23.36%.The business had revenue of $117.71 million for the quarter, compared to the consensus estimate of $115.78 million. Equities research analysts expect that Byline Bancorp will post 3.32 earnings per share for the current year.

Byline Bancorp Increases Dividend

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

Institutional Investors Weigh In On Byline Bancorp

A number of hedge funds and other institutional investors have recently modified their holdings of BY. Clearstead Advisors LLC increased its stake in Byline Bancorp by 83.1% in the fourth quarter. Clearstead Advisors LLC now owns 1,578 shares of the company’s stock valued at $46,000 after acquiring an additional 716 shares during the last quarter. Parkside Financial Bank & Trust lifted its stake in Byline Bancorp by 15.1% during the fourth quarter. Parkside Financial Bank & Trust now owns 2,381 shares of the company’s stock worth $69,000 after purchasing an additional 313 shares during the last quarter. Royal Bank of Canada boosted its holdings in shares of Byline Bancorp by 58.3% in the 1st quarter. Royal Bank of Canada now owns 2,332 shares of the company’s stock valued at $73,000 after purchasing an additional 859 shares in the last quarter. Russell Investments Group Ltd. boosted its holdings in shares of Byline Bancorp by 1,572.5% in the 3rd quarter. Russell Investments Group Ltd. now owns 2,860 shares of the company’s stock valued at $79,000 after purchasing an additional 2,689 shares in the last quarter. Finally, New York State Teachers Retirement System increased its stake in shares of Byline Bancorp by 16.1% in the 4th quarter. New York State Teachers Retirement System now owns 2,864 shares of the company’s stock valued at $83,000 after purchasing an additional 398 shares during the last quarter. Institutional investors and hedge funds own 67.73% of the company’s stock.

Byline Bancorp Company Profile

(Get Free Report)

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.