Byline Bancorp Stock Net Income
| BY Stock | USD 19.86 0.14 0.70% |
Byline Bancorp fundamentals help investors to digest information that contributes to Byline Bancorp's financial success or failures. It also enables traders to predict the movement of Byline Stock. The fundamental analysis module provides a way to measure Byline Bancorp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Byline Bancorp stock.
| Last Reported | Projected for Next Year | ||
| Net Income From Continuing Ops | 101 M | 60 M | |
| Net Income Applicable To Common Shares | 100.9 M | 51.6 M | |
| Net Income | 107.9 M | 60.8 M | |
| Net Income Per Share | 2.69 | 2.83 | |
| Net Income Per E B T | 0.74 | 0.70 |
Byline | Net Income |
Byline Bancorp Company Net Income Analysis
Byline Bancorp's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Byline Bancorp Net Income | 107.88 M |
Most of Byline Bancorp's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Byline Bancorp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Byline Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Byline Bancorp is extremely important. It helps to project a fair market value of Byline Stock properly, considering its historical fundamentals such as Net Income. Since Byline Bancorp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Byline Bancorp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Byline Bancorp's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Byline Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Byline Bancorp reported net income of 107.88 M. This is 91.56% lower than that of the Banks sector and significantly higher than that of the Financials industry. The net income for all United States stocks is 81.11% higher than that of the company.
Byline Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Byline Bancorp's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Byline Bancorp could also be used in its relative valuation, which is a method of valuing Byline Bancorp by comparing valuation metrics of similar companies.Byline Bancorp is currently under evaluation in net income category among related companies.
Byline Bancorp Current Valuation Drivers
We derive many important indicators used in calculating different scores of Byline Bancorp from analyzing Byline Bancorp's financial statements. These drivers represent accounts that assess Byline Bancorp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Byline Bancorp's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 729.8M | 587.6M | 1.0B | 849.3M | 943.5M | 560.1M | |
| Enterprise Value | 1.2B | 1.3B | 1.5B | 1.4B | 1.3B | 870.8M |
Byline Bancorp Institutional Holders
Institutional Holdings refers to the ownership stake in Byline Bancorp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Byline Bancorp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Byline Bancorp's value.| Shares | Detalus Advisors, Llc | 2023-12-31 | 405.4 K | Rmb Capital Management, Llc | 2023-09-30 | 378.2 K | Banc Funds Co Llc | 2023-12-31 | 368.5 K | Mendon Capital Advisors Corp | 2023-12-31 | 350 K | Federated Hermes Inc | 2023-12-31 | 329.2 K | American Century Companies Inc | 2023-12-31 | 327 K | Nuveen Asset Management, Llc | 2023-12-31 | 252.1 K | Northern Trust Corp | 2023-12-31 | 241.9 K | Charles Schwab Investment Management Inc | 2023-12-31 | 220.7 K | Blackrock Inc | 2023-12-31 | 2.4 M | Dimensional Fund Advisors, Inc. | 2023-12-31 | 1.6 M |
Byline Fundamentals
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0133 | ||||
| Profit Margin | 0.31 % | ||||
| Operating Margin | 0.50 % | ||||
| Current Valuation | 1.18 B | ||||
| Shares Outstanding | 44.38 M | ||||
| Shares Owned By Insiders | 43.03 % | ||||
| Shares Owned By Institutions | 42.27 % | ||||
| Number Of Shares Shorted | 405.56 K | ||||
| Price To Earning | 15.25 X | ||||
| Price To Book | 0.90 X | ||||
| Price To Sales | 2.54 X | ||||
| Revenue | 479.48 M | ||||
| Gross Profit | 298.39 M | ||||
| EBITDA | 145.68 M | ||||
| Net Income | 107.88 M | ||||
| Cash And Equivalents | 181.04 M | ||||
| Cash Per Share | 4.83 X | ||||
| Total Debt | 553.78 M | ||||
| Debt To Equity | 0.08 % | ||||
| Book Value Per Share | 22.62 X | ||||
| Cash Flow From Operations | 137.05 M | ||||
| Short Ratio | 4.26 X | ||||
| Earnings Per Share | 2.67 X | ||||
| Target Price | 25.5 | ||||
| Number Of Employees | 1.04 K | ||||
| Beta | 1.14 | ||||
| Market Capitalization | 887.58 M | ||||
| Total Asset | 8.96 B | ||||
| Retained Earnings | 429.04 M | ||||
| Annual Yield | 0.02 % | ||||
| Net Asset | 8.96 B | ||||
| Last Dividend Paid | 0.36 |
About Byline Bancorp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Byline Bancorp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Byline Bancorp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Byline Bancorp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Byline Bancorp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Byline Bancorp's short interest history, or implied volatility extrapolated from Byline Bancorp options trading.
Pair Trading with Byline Bancorp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Byline Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Byline Bancorp will appreciate offsetting losses from the drop in the long position's value.Moving together with Byline Stock
| 0.8 | AX | Axos Financial Financial Report 25th of April 2024 | PairCorr |
| 0.84 | PB | Prosperity Bancshares Earnings Call This Week | PairCorr |
Moving against Byline Stock
| 0.72 | KB | KB Financial Group Earnings Call This Week | PairCorr |
| 0.7 | WF | Woori Financial Group Earnings Call Today | PairCorr |
| 0.62 | TECTP | Tectonic Financial | PairCorr |
| 0.55 | VBFC | Village Bank | PairCorr |
| 0.5 | CFG-PD | Citizens Financial | PairCorr |
The ability to find closely correlated positions to Byline Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Byline Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Byline Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Byline Bancorp to buy it.
The correlation of Byline Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Byline Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Byline Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Byline Bancorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Byline Bancorp Piotroski F Score and Byline Bancorp Altman Z Score analysis. For more information on how to buy Byline Stock please use our How to Invest in Byline Bancorp guide.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Complementary Tools for Byline Stock analysis
When running Byline Bancorp's price analysis, check to measure Byline Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Byline Bancorp is operating at the current time. Most of Byline Bancorp's value examination focuses on studying past and present price action to predict the probability of Byline Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Byline Bancorp's price. Additionally, you may evaluate how the addition of Byline Bancorp to your portfolios can decrease your overall portfolio volatility.
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Is Byline Bancorp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Byline Bancorp. If investors know Byline will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Byline Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.13 | Dividend Share 0.36 | Earnings Share 2.67 | Revenue Per Share 8.822 | Quarterly Revenue Growth 0.164 |
The market value of Byline Bancorp is measured differently than its book value, which is the value of Byline that is recorded on the company's balance sheet. Investors also form their own opinion of Byline Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Byline Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Byline Bancorp's market value can be influenced by many factors that don't directly affect Byline Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Byline Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Byline Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Byline Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.