Byline Historical Income Statement

BY Stock  USD 21.61  1.15  5.62%   
Historical analysis of Byline Bancorp income statement accounts such as Net Interest Income of 210.5 M or Interest Income of 246.5 M can show how well Byline Bancorp performed in making a profits. Evaluating Byline Bancorp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Byline Bancorp's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Byline Bancorp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Byline Bancorp is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Byline Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Byline Stock please use our How to Invest in Byline Bancorp guide.

About Byline Income Statement Analysis

Byline Bancorp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Byline Bancorp shareholders. The income statement also shows Byline investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Byline Bancorp Income Statement Chart

Byline Bancorp Income Statement is one of the three primary financial statements used for reporting Byline's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Byline Bancorp revenue and expense. Byline Bancorp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Byline Bancorp's Tax Provision is fairly stable compared to the past year. Interest Expense is likely to rise to about 156.3 M in 2024, whereas Net Interest Income is likely to drop slightly above 210.5 M in 2024.

Total Revenue

Total revenue comprises all receipts Byline Bancorp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Byline Bancorp minus its cost of goods sold. It is profit before Byline Bancorp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most accounts from Byline Bancorp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Byline Bancorp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Byline Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Byline Stock please use our How to Invest in Byline Bancorp guide.At this time, Byline Bancorp's Tax Provision is fairly stable compared to the past year. Interest Expense is likely to rise to about 156.3 M in 2024, whereas Net Interest Income is likely to drop slightly above 210.5 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Income248.9M301.6M437.2M246.5M
Net Interest Income236.4M265.3M320.4M210.5M

Byline Bancorp income statement Correlations

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Click cells to compare fundamentals

Byline Bancorp Account Relationship Matchups

Byline Bancorp income statement Accounts

201920202021202220232024 (projected)
Tax Provision20.3M14.2M31.4M26.7M34.2M35.9M
Net Interest Income216.3M215.0M236.4M265.3M320.4M210.5M
Interest Income264.8M239.2M248.9M301.6M437.2M246.5M
Depreciation And Amortization7.7M7.6M7.1M6.7M6.0M5.4M
Interest Expense48.5M24.3M12.5M36.2M148.9M156.3M
Selling General Administrative95.3M89.8M101.2M118.1M129.6M95.1M
Selling And Marketing Expenses3.4M1.3M1.8M2.8M145.5M152.8M
Total Revenue263.1M269.3M303.6M320.2M479.5M272.8M
Gross Profit263.1M269.3M303.6M320.2M479.5M272.8M
Other Operating Expenses185.8M(217.6M)(179.4M)(171.7M)333.8M350.5M
Operating Income77.3M51.7M124.2M148.5M145.7M85.1M
Net Income From Continuing Ops57.0M37.5M92.8M88.0M101.0M60.0M
Ebit77.3M51.7M124.2M148.5M145.7M85.8M
Ebitda85.0M59.3M131.3M155.2M145.7M92.5M
Total Operating Expenses(185.8M)(217.6M)(179.4M)(171.7M)(333.8M)(317.1M)
Income Before Tax77.3M51.7M124.2M114.7M145.7M73.4M
Total Other Income Expense Net77.3M51.7M124.2M(33.8M)145.7M153.0M
Net Income Applicable To Common Shares56.2M36.7M92.0M87.8M100.9M51.6M
Net Income57.0M37.5M92.8M88.0M107.9M60.8M
Income Tax Expense20.3M14.2M31.4M26.7M37.8M39.7M
Reconciled Depreciation14.1M6.5M7.1M6.7M4.2M6.6M

Byline Bancorp Investors Sentiment

The influence of Byline Bancorp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Byline. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Byline Bancorp's public news can be used to forecast risks associated with an investment in Byline. The trend in average sentiment can be used to explain how an investor holding Byline can time the market purely based on public headlines and social activities around Byline Bancorp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Byline Bancorp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Byline Bancorp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Byline Bancorp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Byline Bancorp.
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

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Moving against Byline Stock

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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.
Pair CorrelationCorrelation Matching
When determining whether Byline Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Byline Bancorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Byline Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Byline Bancorp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Byline Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Byline Stock please use our How to Invest in Byline Bancorp guide.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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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.