Byline Bancorp (NYSE:BY) Issues Quarterly Earnings Results, Beats Expectations By $0.12 EPS

Byline Bancorp (NYSE:BY) issued its earnings results on Thursday. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.12, FiscalAI reports. Byline Bancorp had a net margin of 23.36% and a return on equity of 11.94%. The firm had revenue of $117.71 million for the quarter, compared to analysts’ expectations of $115.78 million.

Byline Bancorp Price Performance

Byline Bancorp stock opened at $38.64 on Friday. The stock’s 50 day moving average price is $35.60 and its 200 day moving average price is $33.20. Byline Bancorp has a 1-year low of $25.38 and a 1-year high of $39.51. The company has a market cap of $1.75 billion, a PE ratio of 11.67 and a beta of 0.72.

Byline Bancorp Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, August 18th. Investors of record on Tuesday, August 4th will be paid a $0.14 dividend. 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. The ex-dividend date is Tuesday, August 4th. Byline Bancorp’s dividend payout ratio (DPR) is presently 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 Ratings Changes

A number of equities research analysts have recently weighed in on the stock. Raymond James Financial initiated coverage on shares of Byline Bancorp in a report on Wednesday, July 8th. They issued a “market perform” rating on the stock. Piper Sandler increased their target price on Byline Bancorp from $37.00 to $40.00 and gave the company an “overweight” rating in a report on Monday, April 27th. Weiss Ratings restated a “buy (b)” rating on shares of Byline Bancorp in a research note on Wednesday, May 13th. Finally, Zacks Research downgraded Byline Bancorp from a “strong-buy” rating to a “hold” rating in a report on Wednesday. Two investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $36.00.

Institutional Investors Weigh In On Byline Bancorp

Several institutional investors have recently made changes to their positions in BY. Dimensional Fund Advisors LP increased its holdings in shares of Byline Bancorp by 0.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,330,002 shares of the company’s stock valued at $67,920,000 after purchasing an additional 7,663 shares in the last quarter. State Street Corp boosted its holdings in Byline Bancorp by 0.9% during the fourth quarter. State Street Corp now owns 997,040 shares of the company’s stock worth $29,064,000 after buying an additional 8,994 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Byline Bancorp by 1.8% during the fourth quarter. Geode Capital Management LLC now owns 764,144 shares of the company’s stock worth $22,278,000 after buying an additional 13,810 shares in the last quarter. Federated Hermes Inc. grew its position in Byline Bancorp by 16.7% during the fourth quarter. Federated Hermes Inc. now owns 573,652 shares of the company’s stock worth $16,722,000 after buying an additional 82,142 shares during the period. Finally, AQR Capital Management LLC increased its holdings in Byline Bancorp by 5.0% in the fourth quarter. AQR Capital Management LLC now owns 504,943 shares of the company’s stock valued at $14,719,000 after buying an additional 23,990 shares in the last quarter. 67.73% of the stock is currently owned by hedge funds and other institutional investors.

About Byline Bancorp

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.