Byline Bancorp (BY)
Market Price (12/20/2025): $30.23 | Market Cap: $1.4 BilSector: Financials | Industry: Regional Banks
Byline Bancorp (BY)
Market Price (12/20/2025): $30.23Market Cap: $1.4 BilSector: FinancialsIndustry: Regional Banks
Investment Highlights
Why It Matters
Which of these 2 stories sounds closer for this stock?
1. Generates cash flow
The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.
2. Riding a trend
Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 10%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 6.3%, FCF Yield is 9.4% | Trading close to highsDist 52W High is -1.4%, Dist 3Y High is -3.4% | Key risksBY key risks include [1] deteriorating credit quality driven by an acquired loan portfolio, Show more. |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -69% | Weak multi-year price returns2Y Excs Rtn is -10%, 3Y Excs Rtn is -34% | |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 31%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 30% | ||
| Low stock price volatilityVol 12M is 27% | ||
| Megatrend and thematic driversMegatrends include Fintech & Digital Payments. Themes include Online Banking & Lending, Digital Payments, and Wealth Management Technology. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 10%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 6.3%, FCF Yield is 9.4% |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -69% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 31%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 30% |
| Low stock price volatilityVol 12M is 27% |
| Megatrend and thematic driversMegatrends include Fintech & Digital Payments. Themes include Online Banking & Lending, Digital Payments, and Wealth Management Technology. |
| Trading close to highsDist 52W High is -1.4%, Dist 3Y High is -3.4% |
| Weak multi-year price returns2Y Excs Rtn is -10%, 3Y Excs Rtn is -34% |
| Key risksBY key risks include [1] deteriorating credit quality driven by an acquired loan portfolio, Show more. |
Valuation, Metrics & Events
BY Stock
Why The Stock Moved
Qualitative Assessment
AI Generated Analysis | Feedback
The approximate 5.9% movement in Byline Bancorp (BY) stock between August 31, 2025, and December 20, 2025, can be understood by considering key factors from a recent analysis and corporate announcements. An article from November 20, 2025, noted that Byline Bancorp shares had experienced a loss of "around 5% of their value since... summer". Here are the key points for the stock's performance during this approximate period: **1. General Underperformance in the Regional Bank Sector.** Byline Bancorp's stock performance has been "relatively soft" in recent months, aligning with broader trends in the regional bank sector. **2. Anticipated Headwinds from Lower Interest Rates.** Investors are factoring in the potential impact of future lower interest rates, which are expected to act as a headwind for the company. **3. Regulatory Concerns Related to Size.** The company faces potential regulatory issues stemming from its size, which also contributes to the cautious outlook. **4. Discrepancy Between Stock Price and Financial Performance.** Despite the stock's decline, Byline Bancorp demonstrated strong business performance, with quarterly earnings per share (EPS) rising approximately 30% due to factors like lower credit loss provisioning and net interest margin expansion. The market, however, appeared to prioritize macroeconomic and company-specific headwinds over these positive financial results. Byline Bancorp's Q3 2025 earnings also surpassed analyst estimates, reporting $0.83 EPS against an estimated $0.72. **5. Attractive Valuation Despite Near-Term Outlook.** The stock was trading at roughly 1.2 times its tangible book value, which analysts viewed as cheap given its historical return on tangible equity. Analysts largely maintained a "Hold" rating, with some remaining bullish due to the valuation, despite a muted short-term growth outlook.
Show moreStock Movement Drivers
Return vs. Risk
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| BY Return | -20% | 79% | -15% | 4% | 25% | 8% | 72% |
| Peers Return | -16% | 32% | 5% | 1% | 16% | 13% | 54% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 16% | 112% |
Monthly Win Rates [3] | |||||||
| BY Win Rate | 42% | 83% | 42% | 42% | 50% | 50% | |
| Peers Win Rate | 50% | 67% | 48% | 48% | 48% | 55% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 73% | |
Max Drawdowns [4] | |||||||
| BY Max Drawdown | -56% | -5% | -25% | -26% | -15% | -20% | |
| Peers Max Drawdown | -53% | -2% | -14% | -33% | -10% | -19% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: WTFC, ASB, OSBC, FRME, BUSE.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/19/2025 (YTD)
How Low Can It Go
| Event | BY | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -41.8% | -25.4% |
| % Gain to Breakeven | 71.9% | 34.1% |
| Time to Breakeven | 449 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -58.4% | -33.9% |
| % Gain to Breakeven | 140.6% | 51.3% |
| Time to Breakeven | 348 days | 148 days |
| 2018 Correction | ||
| % Loss | -35.8% | -19.8% |
| % Gain to Breakeven | 55.8% | 24.7% |
| Time to Breakeven | 949 days | 120 days |
Compare to NEWT, ATLO, AVBC, LSBK, NU
In The Past
Byline Bancorp's stock fell -41.8% during the 2022 Inflation Shock from a high on 1/7/2022. A -41.8% loss requires a 71.9% gain to breakeven.
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Latest Trefis Analyses
| Title | Topic | |
|---|---|---|
| DASHBOARDS | ||
| Byline Bancorp Stock Lost 11%, Buy Or Wait? | Return | |
| BY Dip Buy Analysis | ||
| Time To Buy Byline Bancorp Stock? | Buy or Fear | |
| Byline Bancorp (BY) Operating Cash Flow Comparison | Financials | |
| Byline Bancorp (BY) Net Income Comparison | Financials |
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
Select past ideas related to BY. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11212025 | WU | Western Union | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 13.5% | 13.5% | -0.4% |
| 11212025 | COIN | Coinbase Global | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 2.0% | 2.0% | -0.5% |
| 11142025 | PYPL | PayPal | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -4.8% | -4.8% | -7.5% |
| 11142025 | V | Visa | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 5.8% | 5.8% | -2.7% |
| 11072025 | WD | Walker & Dunlop | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | -12.1% | -12.1% | -12.1% |
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11212025 | WU | Western Union | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 13.5% | 13.5% | -0.4% |
| 11212025 | COIN | Coinbase Global | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 2.0% | 2.0% | -0.5% |
| 11142025 | PYPL | PayPal | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -4.8% | -4.8% | -7.5% |
| 11142025 | V | Visa | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 5.8% | 5.8% | -2.7% |
| 11072025 | WD | Walker & Dunlop | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | -12.1% | -12.1% | -12.1% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons for Byline Bancorp
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 28.47 |
| Mkt Cap | 2.2 |
| Rev LTM | 642 |
| Op Inc LTM | - |
| FCF LTM | 214 |
| FCF 3Y Avg | 226 |
| CFO LTM | 222 |
| CFO 3Y Avg | 231 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 9.2% |
| Rev Chg 3Y Avg | 12.3% |
| Rev Chg Q | 15.5% |
| QoQ Delta Rev Chg LTM | 4.2% |
| Op Mgn LTM | - |
| Op Mgn 3Y Avg | - |
| QoQ Delta Op Mgn LTM | - |
| CFO/Rev LTM | 37.3% |
| CFO/Rev 3Y Avg | 40.4% |
| FCF/Rev LTM | 36.3% |
| FCF/Rev 3Y Avg | 38.2% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 2.2 |
| P/S | 3.5 |
| P/EBIT | - |
| P/E | 13.7 |
| P/CFO | 9.3 |
| Total Yield | 7.9% |
| Dividend Yield | 1.2% |
| FCF Yield 3Y Avg | 14.4% |
| D/E | 0.4 |
| Net D/E | -0.3 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 11.2% |
| 3M Rtn | 4.0% |
| 6M Rtn | 17.9% |
| 12M Rtn | 12.2% |
| 3Y Rtn | 33.7% |
| 1M Excs Rtn | 8.3% |
| 3M Excs Rtn | 3.1% |
| 6M Excs Rtn | 1.8% |
| 12M Excs Rtn | -7.5% |
| 3Y Excs Rtn | -39.8% |
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 10/23/2025 | 5.6% | 0.9% | 4.0% |
| 7/24/2025 | 0.2% | -2.7% | 7.4% |
| 4/24/2025 | -0.2% | 0.4% | 1.2% |
| 1/23/2025 | 2.9% | 4.3% | 1.1% |
| 10/24/2024 | 1.2% | 1.4% | 20.8% |
| 7/25/2024 | 1.4% | -6.1% | -3.0% |
| 4/25/2024 | 3.3% | 8.2% | 10.9% |
| 1/25/2024 | -3.5% | -8.1% | -9.9% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 16 | 15 | 17 |
| # Negative | 8 | 9 | 7 |
| Median Positive | 3.0% | 3.2% | 5.5% |
| Median Negative | -1.6% | -6.1% | -5.0% |
| Max Positive | 9.2% | 16.8% | 37.9% |
| Max Negative | -9.5% | -13.1% | -10.3% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 9302025 | 11072025 | 10-Q 9/30/2025 |
| 6302025 | 8072025 | 10-Q 6/30/2025 |
| 3312025 | 5022025 | 10-Q 3/31/2025 |
| 12312024 | 2282025 | 10-K 12/31/2024 |
| 9302024 | 11012024 | 10-Q 9/30/2024 |
| 6302024 | 8052024 | 10-Q 6/30/2024 |
| 3312024 | 5032024 | 10-Q 3/31/2024 |
| 12312023 | 3042024 | 10-K 12/31/2023 |
| 9302023 | 11032023 | 10-Q 9/30/2023 |
| 6302023 | 8032023 | 10-Q 6/30/2023 |
| 3312023 | 5052023 | 10-Q 3/31/2023 |
| 12312022 | 3072023 | 10-K 12/31/2022 |
| 9302022 | 11042022 | 10-Q 9/30/2022 |
| 6302022 | 8042022 | 10-Q 6/30/2022 |
| 3312022 | 5062022 | 10-Q 3/31/2022 |
| 12312021 | 3072022 | 10-K 12/31/2021 |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |