Welcome to our dedicated news page for Byline Bancorp (Ticker: BY), a resource for investors and traders seeking the latest updates and insights on Byline Bancorp .
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Byline Bancorp 's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Byline Bancorp 's position in the market.
Rhea-AI Summary
Byline Bancorp, Inc. (NYSE: BY) reported first quarter 2024 financial results with a net income of $30.4 million and $0.70 diluted earnings per share. Highlights include ROAA of 1.36%, PTPP ROAA of 2.10%, ROTCE of 15.88%, TBV per share of $18.29, and total revenue of $101.0 million. Total deposits grew by $173.2 million, total loans and leases grew by $99.5 million, and total assets grew by $528.5 million. CEO Roberto R. Herencia expressed satisfaction with the team's execution of the strategy, achieving strong financial results and surpassing $9.0 billion in total assets and $1.0 billion in stockholders’ equity.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.32%
Tags
-
Rhea-AI Summary
Byline Bancorp, Inc. (BY) will release its first quarter 2024 financial results on April 25, 2024, followed by a conference call and webcast on April 26, 2024. Analysts and investors can join the Q&A session. Details for participation are provided below.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.01%
Tags
-
Rhea-AI Summary
Byline Bancorp, Inc. (BY) reported fourth quarter net income of $29.6 million, with $0.68 diluted earnings per share, and full year net income of $107.9 million, with $2.67 diluted earnings per share. The company achieved a 22.9% increase in net income, a 24.6% increase in net interest income, and a 17.2% increase in non-interest income. Byline Bancorp's assets increased by $1.5 billion, and total deposits grew by $223.3 million. The company also declared a cash dividend of $0.09 per share and authorized a new stock repurchase program.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.52%
Tags
Rhea-AI Summary
Byline Bancorp, Inc. (NYSE: BY) will release its fourth quarter 2023 financial results after market close on Thursday, January 25, 2024, and host a conference call and webcast at 9:00 a.m. Central Time on Friday, January 26, 2024 to discuss the results. Analysts and investors can participate in the question-and-answer session. Telephone and webcast access details are provided for those interested in joining the call or accessing the replay.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.26%
Tags
-
Rhea-AI Summary
Byline Bancorp, Inc. (NYSE: BY) approves new stock repurchase program to buy back up to 1.25 million shares, representing 2.9% of outstanding common stock. The program will be effective from January 1, 2024, to December 31, 2024. Roberto R. Herencia, Executive Chairman and CEO, emphasizes the company's commitment to using this tool as part of its capital management strategy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.31%
Tags
-
Rhea-AI Summary
Byline Bank (BYLN) to Donate $30,000 for Giving Tuesday Philanthropic Initiatives
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.29%
Tags
Rhea-AI Summary
Byline Bancorp announces cash dividend of $0.09 per share for the quarter
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.73%
Tags
-
Rhea-AI Summary
Byline Bancorp reports net income of $28.2 million and $0.65 diluted earnings per share for the third quarter. The company completed the acquisition and integration of Inland Bancorp, Inc. Non-interest income was $12.4 million, and total revenue reached $104.8 million. Net interest income increased by $16.3 million compared to the previous quarter. The provision for credit losses was $8.8 million, and non-interest expense was $57.9 million. Total assets were $8.9 billion, and total deposits increased to $6.9 billion. The efficiency ratio was 53.75%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.73%
Tags
-
Rhea-AI Summary
Byline Bank ranked No. 1 SBA lender in Illinois for the 15th year
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.72%
Tags
Rhea-AI Summary
Byline Bancorp to release Q3 2023 financial results and host conference call
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.61%
Tags
Byline Bancorp, Inc.
NYSE:BY
BY Rankings
BY Stock Data
955.68M
25.35M
43.04%
42.28%
0.91%
Commercial Banking
Finance and Insurance
United States of America
Chicago
About BY
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. the company also provides commercial loan products and services, including term loans, revolving lines of credit, construction financing, and cash management products; small business administration loans; and small ticket equipment leasing services, as well as online, mobile, and direct banking services. it operates through 56 branch offices in chicago metropolitan area; and 1 branch office in brookfield, wisconsin. the company was formerly known as metropolitan bank group, inc. and changed its name to byline bancorp, inc. in 2015. byline bancorp, inc. was incorpo