BY Stock Summary and Trading Ideas (Byline Bancorp | NYSE:BY)

Byline Bancorp Inc is the holding company for Byline Bank, a full-service commercial bank serving small-and-medium-sized businesses, financial sponsors, and consumers. The company offers a broad range of banking products and services to small and medium sized businesses, commercial real estate and online account opening to consumer and business. Also provide trust and wealth management services to our customers. In addition to traditional commercial banking business, company provide small ticket equipment leasing solutions through Byline Financial Group, a wholly-owned subsidiary of Byline Bank.

Byline Bancorp trades on the NYSE stock market under the symbol BY.

As of April 19, 2024, BY stock price climbed to $20.72 with 86,849 million shares trading.

BY has a beta of 1.05, meaning it tends to be more sensitive to market movements. BY has a correlation of 0.22 to the broad based SPY ETF.

BY has a market cap of $919.53 million. This is considered a Small Cap stock.

Last quarter Byline Bancorp reported $101 million in Revenue and $.73 earnings per share. This fell short of revenue expectation by $-612,000 and exceeded earnings estimates by $.06.

In the last 3 years, BY stock traded as high as $29.15 and as low as $16.40.

The top ETF exchange traded funds that BY belongs to (by Net Assets): VTI, IWM, VXF, AVUV, IWN.

BY has underperformed the market in the last year with a return of +5.9%, while the SPY ETF gained +21.2%. In the last 3 month period, BY fell short of the market, returning -8.0%, while SPY returned +3.0%. However, in the most recent 2 weeks BY has outperformed the stock market by returning 0.0%, while SPY returned -4.5%.

BY support price is $19.68 and resistance is $20.48 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BY stock will trade within this expected range on the day.