Byline Bancorp (NYSE:BY) Major Shareholder Sells $11,730,000.00 in Stock

Posted by Francis Steltz on Aug 11th, 2026

Byline Bancorp, Inc. (NYSE:BY – Get Free Report) major shareholder Investors L.P. Mbg sold 300,000 shares of the stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $39.10, for a total transaction of $11,730,000.00. Following the completion of the transaction, the insider owned 11,535,145 shares in the company, valued at $451,024,169.50. The trade was a 2.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Byline Bancorp Stock Performance

Shares of Byline Bancorp stock traded up $0.31 on Tuesday, hitting $38.76. 154,553 shares of the company’s stock were exchanged, compared to its average volume of 244,996. Byline Bancorp, Inc. has a 1 year low of $25.57 and a 1 year high of $40.03. The company has a 50-day simple moving average of $36.98 and a 200-day simple moving average of $33.92. The stock has a market capitalization of $1.76 billion, a PE ratio of 11.71 and a beta of 0.71.

Byline Bancorp (NYSE:BY – Get Free Report) last posted 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. The firm had revenue of $117.71 million during the quarter, compared to analyst estimates of $115.78 million. Byline Bancorp had a return on equity of 11.94% and a net margin of 23.36%. On average, analysts expect that Byline Bancorp, Inc. will post 3.35 EPS for the current fiscal year.

Byline Bancorp Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 18th. Stockholders 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 dividend yield of 1.4%. The ex-dividend date of this dividend is Tuesday, August 4th. This is an increase from Byline Bancorp’s previous quarterly dividend of $0.12. Byline Bancorp’s payout ratio is presently 16.92%.

Analyst Ratings Changes

BY has been the topic of several analyst reports. Raymond James Financial initiated coverage on shares of Byline Bancorp in a report on Wednesday, July 8th. They set a “market perform” rating on the stock. Weiss Ratings restated a “buy (b)” rating on shares of Byline Bancorp in a research note on Wednesday, May 13th. Piper Sandler upped their target price on shares of Byline Bancorp from $40.00 to $46.00 and gave the stock an “overweight” rating in a report on Tuesday, July 28th. Hovde Group increased their price target on Byline Bancorp from $39.00 to $45.00 and gave the stock an “outperform” rating in a research note on Monday, July 27th. Finally, Zacks Research downgraded Byline Bancorp from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 22nd. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, Byline Bancorp currently has a consensus rating of “Moderate Buy” and a consensus target price of $43.00.

View Our Latest Report on BY

Hedge Funds Weigh In On Byline Bancorp

Hedge funds and other institutional investors have recently modified their holdings of the stock. Principal Financial Group Inc. purchased a new stake in Byline Bancorp in the 1st quarter worth $1,466,000. Hsbc Holdings PLC increased its holdings in shares of Byline Bancorp by 135.9% in the fourth quarter. Hsbc Holdings PLC now owns 70,502 shares of the company’s stock worth $2,056,000 after purchasing an additional 40,613 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Byline Bancorp by 1.6% in the first quarter. Dimensional Fund Advisors LP now owns 2,366,600 shares of the company’s stock worth $74,713,000 after buying an additional 36,598 shares in the last quarter. Denali Advisors LLC boosted its stake in Byline Bancorp by 32.3% during the fourth quarter. Denali Advisors LLC now owns 125,752 shares of the company’s stock valued at $3,666,000 after buying an additional 30,711 shares during the last quarter. Finally, Fiducient Advisors LLC grew its holdings in Byline Bancorp by 33.5% during the 4th quarter. Fiducient Advisors LLC now owns 81,767 shares of the company’s stock valued at $2,384,000 after buying an additional 20,517 shares in the last quarter. Institutional investors 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.