Byline Net Receivables vs Long Term Investments Analysis

BY Stock  USD 31.57  0.41  1.28%   
Byline Bancorp financial indicator trend analysis is way more than just evaluating Byline Bancorp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Byline Bancorp is a good investment. Please check the relationship between Byline Bancorp Net Receivables and its Long Term Investments accounts. 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 closely tied 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.

Net Receivables vs Long Term Investments

Net Receivables vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Byline Bancorp Net Receivables account and Long Term Investments. At this time, the significance of the direction appears to have weak relationship.
The correlation between Byline Bancorp's Net Receivables and Long Term Investments is 0.35. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Byline Bancorp, assuming nothing else is changed. The correlation between historical values of Byline Bancorp's Net Receivables and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Byline Bancorp are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Net Receivables i.e., Byline Bancorp's Net Receivables and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.35
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Receivables

Long Term Investments

Long Term Investments is an item on the asset side of Byline Bancorp balance sheet that represents investments Byline Bancorp intends to hold for over a year. Byline Bancorp long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Byline Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 closely tied 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. Issuance Of Capital Stock is likely to rise to about 1.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 95.1 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Income248.9M301.6M437.2M246.5M
Net Interest Income236.4M265.3M320.4M210.5M

Byline Bancorp fundamental ratios Correlations

0.820.550.550.97-0.820.96-0.880.810.930.60.940.610.6-0.130.790.160.940.97-0.790.960.860.810.70.92-0.77
0.820.170.170.82-0.740.85-0.960.870.780.240.750.240.25-0.120.860.490.830.81-0.710.810.740.710.350.8-0.47
0.550.171.00.47-0.450.41-0.420.20.740.990.571.00.97-0.150.33-0.660.520.45-0.350.480.380.750.890.38-0.94
0.550.171.00.47-0.450.41-0.420.20.740.990.571.00.97-0.150.33-0.660.520.45-0.350.480.380.750.890.38-0.94
0.970.820.470.47-0.791.0-0.860.880.890.540.860.540.57-0.10.680.220.850.99-0.840.980.840.70.720.97-0.68
-0.82-0.74-0.45-0.45-0.79-0.780.76-0.7-0.81-0.48-0.67-0.53-0.460.63-0.68-0.33-0.78-0.810.66-0.86-0.95-0.72-0.59-0.730.67
0.960.850.410.411.0-0.78-0.880.910.860.470.840.480.51-0.10.690.290.850.98-0.850.970.830.680.670.97-0.63
-0.88-0.96-0.42-0.42-0.860.76-0.88-0.84-0.9-0.47-0.84-0.48-0.50.13-0.88-0.25-0.89-0.840.75-0.85-0.75-0.85-0.56-0.830.68
0.810.870.20.20.88-0.70.91-0.840.730.270.610.270.31-0.110.560.430.720.86-0.760.850.710.510.510.87-0.43
0.930.780.740.740.89-0.810.86-0.90.730.790.880.790.79-0.190.77-0.070.890.87-0.730.890.770.930.820.82-0.92
0.60.240.990.990.54-0.480.47-0.470.270.790.620.990.97-0.090.37-0.630.570.52-0.410.540.40.770.880.44-0.95
0.940.750.570.570.86-0.670.84-0.840.610.880.620.620.610.060.860.030.930.86-0.710.840.730.860.620.82-0.78
0.610.241.01.00.54-0.530.48-0.480.270.790.990.620.97-0.190.39-0.590.580.52-0.420.550.470.790.920.44-0.96
0.60.250.970.970.57-0.460.51-0.50.310.790.970.610.97-0.10.36-0.620.570.52-0.50.550.40.760.920.5-0.93
-0.13-0.12-0.15-0.15-0.10.63-0.10.13-0.11-0.19-0.090.06-0.19-0.1-0.13-0.22-0.14-0.10.04-0.2-0.5-0.18-0.2-0.030.2
0.790.860.330.330.68-0.680.69-0.880.560.770.370.860.390.36-0.130.260.890.68-0.530.680.680.860.340.63-0.61
0.160.49-0.66-0.660.22-0.330.29-0.250.43-0.07-0.630.03-0.59-0.62-0.220.260.120.27-0.250.280.43-0.16-0.390.280.42
0.940.830.520.520.85-0.780.85-0.890.720.890.570.930.580.57-0.140.890.120.84-0.680.840.780.860.580.8-0.77
0.970.810.450.450.99-0.810.98-0.840.860.870.520.860.520.52-0.10.680.270.84-0.840.990.860.690.680.96-0.67
-0.79-0.71-0.35-0.35-0.840.66-0.850.75-0.76-0.73-0.41-0.71-0.42-0.50.04-0.53-0.25-0.68-0.84-0.87-0.7-0.56-0.57-0.940.54
0.960.810.480.480.98-0.860.97-0.850.850.890.540.840.550.55-0.20.680.280.840.99-0.870.90.710.70.96-0.69
0.860.740.380.380.84-0.950.83-0.750.710.770.40.730.470.4-0.50.680.430.780.86-0.70.90.670.590.78-0.6
0.810.710.750.750.7-0.720.68-0.850.510.930.770.860.790.76-0.180.86-0.160.860.69-0.560.710.670.70.62-0.91
0.70.350.890.890.72-0.590.67-0.560.510.820.880.620.920.92-0.20.34-0.390.580.68-0.570.70.590.70.63-0.87
0.920.80.380.380.97-0.730.97-0.830.870.820.440.820.440.5-0.030.630.280.80.96-0.940.960.780.620.63-0.59
-0.77-0.47-0.94-0.94-0.680.67-0.630.68-0.43-0.92-0.95-0.78-0.96-0.930.2-0.610.42-0.77-0.670.54-0.69-0.6-0.91-0.87-0.59
Click cells to compare fundamentals

Byline Bancorp Account Relationship Matchups

Byline Bancorp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.5B6.4B6.7B7.4B9.0B6.0B
Short Long Term Debt Total577.0M757.7M1.2B1.4B553.8M702.8M
Other Current Liab(3.7M)(1.5M)(262K)(4.5M)6.0B6.3B
Total Current Liabilities3.7M1.5M262K4.5M6.4B6.7B
Total Stockholder Equity750.1M805.5M836.4M765.8M990.2M712.3M
Other Liab43.9M46.1M1.4M4.2M3.8M3.6M
Net Tangible Assets559.4M622.4M660.4M606.9M698.0M510.8M
Property Plant And Equipment Net96.1M86.7M62.5M56.8M79.1M70.4M
Net Debt446.6M674.3M472.2M572.1M327.6M427.3M
Retained Earnings159.0M191.1M271.7M335.8M429.0M450.5M
Accounts Payable3.7M1.5M262K4.5M22.2M23.3M
Cash80.7M83.4M157.9M179.4M226.1M122.1M
Non Current Assets Total1.5B1.7B1.7B1.4B8.7B9.1B
Non Currrent Assets Other(59.4M)(59.9M)(60.3M)(108.7M)8.0B8.4B
Other Assets2.5B2.7B2.9B4.0B3.6B3.0B
Long Term Debt37.3M109.8M630.1M751.4M487.7M263.2M
Cash And Short Term Investments1.3B1.5B1.6B1.4B226.1M214.8M
Net Receivables236.9M443.4M474.8M717.2M736.8M407.3M
Common Stock Total Equity379K384K387K389K350.1K332.6K
Common Stock Shares Outstanding38.0M38.3M38.4M37.5M40.4M37.2M
Short Term Investments1.2B1.4B1.5B1.2B1.3B1.1B
Long Term Debt Total37.3M109.8M630.1M751.4M864.1M907.3M
Liabilities And Stockholders Equity5.5B6.4B6.7B7.4B9.0B6.0B
Non Current Liabilities Total527.3M757.7M630.1M4.5M1.6B1.7B
Capital Surpluse581.0M587.2M593.8M598.3M688.0M453.9M
Inventory(119.3M)(123.5M)(188.1M)(382.1M)(963.0M)(914.8M)
Other Current Assets119.3M123.5M188.1M222.6M275.7M262.0M
Other Stockholder Equity581.0M585.5M562.2M547.2M660.8M473.9M
Total Liab4.8B5.6B5.9B6.6B8.0B5.3B
Long Term Investments1.2B5.7B1.5B1.2B1.4B1.8B
Property Plant And Equipment Gross96.1M86.7M107.3M102.8M112.5M111.9M
Total Current Assets1.5B2.0B2.1B1.9B275.7M262.0M
Accumulated Other Comprehensive Income(700K)18.0M(8.3M)(117.6M)(100.1M)(95.1M)
Short Term Debt539.6M276.0M524.0M643.8M369.4M343.5M
Intangible Assets31.9M24.3M17.2M10.5M21.8M17.6M
Common Stock379K384K387K389K451K428.5K
Property Plant Equipment96.1M86.7M62.5M56.8M51.1M71.2M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional 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.