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 ...

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 ...

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 ...

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 ...

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Byline Bancorp (BY) - Byline Bancorp currently holds a Momentum Style Score of B, indicating a positive outlook based on its price change and earnings estimate revisions [2] - The company has a Zacks Rank of 2 (Buy), suggesting strong potential for outperformance in the market [3] Price Performance - Over the past week, BY shares increased by 0.73%, while the Zacks Banks - Northeast industry rose by 0.94% [5] - In a longer timeframe, BY's monthly price change is 15.46%, significantly outperforming the industry's 3.76% [5] - Over the last quarter, BY shares have risen by 9.39%, and over the past year, they have increased by 33.07%, compared to the S&P 500's gains of 5.76% and 28.32%, respectively [6] Trading Volume - BY's average 20-day trading volume is 102,589 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the past two months, three earnings estimates for BY have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $2.53 to $2.62 [9] - For the next fiscal year, three estimates have also moved upwards without any downward revisions [9] Conclusion - Considering the positive momentum indicators and earnings outlook, BY is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a strong candidate for near-term investment [10]

After reaching an important support level, Byline Bancorp, Inc. (BY) could be a good stock pick from a technical perspective. BY recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.Considered an important signifier for a bullish breakout, a golden cross is a technical chart pattern that's formed when a stock's short-term moving average breaks above a longer-term moving average; the most common crossover involves the 50- ...

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______to ______ Commission File Number 001-38139 | --- | --- | --- | |--------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------- ...

CHICAGO, April 29, 2024 (GLOBE NEWSWIRE) -- Byline Bank, the #1 SBA lender in Illinois and a top 5 SBA lender nationwide for fiscal year 2023, is joining the U.S. Small Business Administration in celebration of Small Business Week (April 28-May 4, 2024) by recognizing entrepreneurial borrowers who have fulfilled their aspirations of small business ownership thanks to tailored financing solutions from Byline. Every weekday between April 29 and May 3, Byline Bank will highlight a small business owner—both in ...

Financial Performance - Net income was $3044 million[92], with diluted earnings per share of $070[92] - Revenue reached $1010 million, up 11% year-over-year[56] - Net interest income was $855 million, a 13% increase year-over-year[56] - The company's stockholders' equity exceeded $10 billion[38,56] Balance Sheet Strength - Total loans and leases reached $68 billion, a 60% annualized increase from the previous quarter[50] - Total deposits amounted to $74 billion, reflecting a 97% annualized growth from the previous quarter[51] - The loan-to-deposit ratio stood at 925%[56] - The company has $20 billion of available borrowing capacity[26] Asset Quality - Cumulative Loan Beta was 43%[4] - Non-interest expense was $538 million in 1Q24[17] - The efficiency ratio was 5194%[19]

Byline Bancorp, Inc. (NYSE:BY) Q1 2024 Earnings Conference Call April 26, 2024 10:00 AM ET Company Participants Brooks Rennie - Head of Investor Relations Alberto Paracchini - President Roberto Herencia - Chairman & Chief Executive Officer Tom Bell - Chief Financial Officer Mark Fucinato - Chief Credit Officer Conference Call Participants David Long - Raymond James Terry McEvoy - Stephens Inc. Nathan Race - Piper Sandler Damon DelMonte - KBW Brian Martin - Janney Montgomery Scott Operator Good morning, and ...