Byline Bancorp(BY)
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Is Byline Bancorp (BY) Stock Outpacing Its Finance Peers This Year?
ZACKS· 2024-08-01 14:42
The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Byline Bancorp (BY) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Finance sector should help us answer this question. Byline Bancorp is a member of our Finance group, which includes 862 different companies and currently sits at #3 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 d ...
Byline Bancorp (BY) is a Great Momentum Stock: Should You Buy?
ZACKS· 2024-07-30 17:00
Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us. You can see the current list of Zacks #1 Rank Stocks here >>> Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the u ...
Byline Bancorp(BY) - 2024 Q2 - Earnings Call Transcript
2024-07-26 20:03
Brooks Rennie - Head of IR Alberto Paracchini - President Roberto Herencia - Chairman and CEO Tom Bell - CFO Mark Fucinato - Chief Credit Officer At this time, I would like to introduce Mr. Brooks Rennie, Head of Investor Relations for Byline Bancorp, to begin the conference call. As a reminder, for investors this quarter we plan on attending the Raymond James Bank Conference and the Stephens Bank Forum. Regarding the agenda, I'll start by giving you the highlights for the quarter, followed by Tom who will ...
Compared to Estimates, Byline Bancorp (BY) Q2 Earnings: A Look at Key Metrics
ZACKS· 2024-07-26 00:35
Byline Bancorp (BY) reported $99.37 million in revenue for the quarter ended June 2024, representing a yearover-year increase of 9.9%. EPS of $0.68 for the same period compares to $0.73 a year ago. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Shares of Byline Bancorp have returned +23.3% over the past month versus the Zacks S&P 50 ...
Byline Bancorp (BY) Beats Q2 Earnings and Revenue Estimates
ZACKS· 2024-07-25 23:05
Byline Bancorp (BY) came out with quarterly earnings of $0.68 per share, beating the Zacks Consensus Estimate of $0.63 per share. This compares to earnings of $0.73 per share a year ago. These figures are adjusted for non-recurring items. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on ...
Byline Bancorp(BY) - 2024 Q2 - Quarterly Results
2024-07-25 20:15
Exhibit 99.1 | --- | --- | --- | --- | --- | --- | --- | --- | |---------------------------------------------------|-------|-------------------|------------|-------------------------|------------------|--------------------------|----------------------------------------------------------------------------------------| | Chicago, IL, July 25, 2024 – Byline | | Bancorp, \n2Q24 | Inc. For | (NYSE: the \n 1Q24 | BY), quarter | today reported: \n2Q23 | Second Quarter Highlights (compared to 1Q24, unless otherwise ...
Byline Bancorp (BY) Surges 5.5%: Is This an Indication of Further Gains?
ZACKS· 2024-07-17 10:20
Shares of Byline Bancorp rallied for the seventh straight trading session and hit a 52-week high of $27.63. Encouraging inflation numbers and cooling employment data have increased the chances of the Federal Reserve cutting the interest rates as early as during the September FOMC meeting. As the rates come down, banks' funding costs will stabilize or move lower eventually. Also, demand for loans is expected to improve. Hence, the investors turned bullish on banking sector stocks, driving BY higher. Earnings ...
Is Byline Bancorp (BY) Stock Undervalued Right Now?
ZACKS· 2024-06-14 14:40
Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today. One company value investors might notice is Byline Bancorp (BY) . BY is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. Looking at the history of these trend ...
Is Byline Bancorp (BY) a Great Value Stock Right Now?
zacks.com· 2024-05-29 14:46
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they be ...
What Makes Byline Bancorp (BY) a Strong Momentum Stock: Buy Now?
Zacks Investment Research· 2024-05-14 17:01
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock cha ...