Byline Bancorp Inc (NYSE:BY) Director Robert R. Yohanan sold 1,000 shares of Byline Bancorp stock in a transaction dated Wednesday, November 28th. The stock was sold at an average price of $20.95, for a total value of $20,950.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
BY opened at $20.74 on Friday. The stock has a market capitalization of $753.11 million, a P/E ratio of 17.73, a P/E/G ratio of 1.57 and a beta of 0.11. Byline Bancorp Inc has a 12 month low of $18.85 and a 12 month high of $24.80. The company has a quick ratio of 0.93, a current ratio of 0.94 and a debt-to-equity ratio of 0.69.
Byline Bancorp (NYSE:BY) last released its quarterly earnings results on Friday, October 26th. The company reported $0.40 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.34 by $0.06. The company had revenue of $63.74 million during the quarter, compared to analyst estimates of $62.82 million. Byline Bancorp had a return on equity of 7.32% and a net margin of 10.15%. Analysts anticipate that Byline Bancorp Inc will post 1.32 earnings per share for the current year.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in BY. GFS Advisors LLC purchased a new position in Byline Bancorp in the third quarter worth about $46,278,000. Jennison Associates LLC grew its position in Byline Bancorp by 18.3% in the third quarter. Jennison Associates LLC now owns 1,651,816 shares of the company’s stock worth $37,496,000 after acquiring an additional 255,626 shares in the last quarter. Vanguard Group Inc. grew its position in Byline Bancorp by 24.0% in the third quarter. Vanguard Group Inc. now owns 801,810 shares of the company’s stock worth $18,201,000 after acquiring an additional 155,365 shares in the last quarter. Signet Financial Management LLC purchased a new position in Byline Bancorp in the second quarter worth about $3,097,000. Finally, BlackRock Inc. grew its position in Byline Bancorp by 10.4% in the second quarter. BlackRock Inc. now owns 827,148 shares of the company’s stock worth $18,480,000 after acquiring an additional 78,100 shares in the last quarter. Institutional investors own 33.23% of the company’s stock.
Byline Bancorp Company Profile
Byline Bancorp, Inc operates as the bank holding company for Byline Bank that provides a range of banking products and services to small and medium sized businesses, commercial real estate and financial sponsors, and consumers in the United States. It offers non-interest bearing accounts, money market demand accounts, savings accounts, interest bearing checking accounts, and time deposits, as well as certificates of deposit.
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