BYLINE BANCORP INC (BY) Stock Fundamental Analysis
NYSE:BY - New York Stock Exchange, Inc. - US1244111092 - Common Stock - Currency: USD
Overall BY gets a fundamental rating of 4 out of 10. We evaluated BY against 398 industry peers in the Banks industry. There are concerns on the financial health of BY while its profitability can be described as average. BY has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year BY was profitable.
BY had a positive operating cash flow in the past year.
Each year in the past 5 years BY has been profitable.
In the past 5 years BY always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.27%, BY belongs to the top of the industry, outperforming 82.91% of the companies in the same industry.
With a decent Return On Equity value of 11.06%, BY is doing good in the industry, outperforming 77.39% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.27% | ||
| ROE | 11.06% | ||
| ROIC | N/A |
ROA(3y)1.23%
ROA(5y)1.13%
ROE(3y)11.14%
ROE(5y)9.8%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With an excellent Profit Margin value of 29.68%, BY belongs to the best of the industry, outperforming 81.41% of the companies in the same industry.
BY's Profit Margin has improved in the last couple of years.
The Operating Margin and Gross Margin are not available for BY so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 29.68% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y0.08%
PM growth 5Y7.5%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
BY does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for BY has been increased compared to 1 year ago.
BY has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, BY has an improved debt to assets ratio.
2.2 Solvency
BY has a debt to FCF ratio of 1.10. This is a very positive value and a sign of high solvency as it would only need 1.10 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.10, BY is in the better half of the industry, outperforming 69.60% of the companies in the same industry.
A Debt/Equity ratio of 0.17 indicates that BY is not too dependend on debt financing.
BY has a Debt to Equity ratio (0.17) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 1.1 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC14.59%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
BY shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -0.73%.
Measured over the past years, BY shows a quite strong growth in Earnings Per Share. The EPS has been growing by 11.24% on average per year.
BY shows a small growth in Revenue. In the last year, the Revenue has grown by 2.96%.
The Revenue has been growing by 8.40% on average over the past years. This is quite good.
EPS 1Y (TTM)-0.73%
EPS 3Y4.62%
EPS 5Y11.24%
EPS Q2Q%-7.14%
Revenue 1Y (TTM)2.96%
Revenue growth 3Y9.41%
Revenue growth 5Y8.4%
Sales Q2Q%2.05%
3.2 Future
BY is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 1.19% yearly.
BY is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.83% yearly.
EPS Next Y-3.51%
EPS Next 2Y1.19%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year4.63%
Revenue Next 2Y4.83%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 9.45, the valuation of BY can be described as very reasonable.
Based on the Price/Earnings ratio, BY is valued a bit cheaper than the industry average as 79.90% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of BY to the average of the S&P500 Index (28.88), we can say BY is valued rather cheaply.
The Price/Forward Earnings ratio is 9.06, which indicates a very decent valuation of BY.
Based on the Price/Forward Earnings ratio, BY is valued a bit cheaper than the industry average as 62.31% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.20, BY is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.45 | ||
| Fwd PE | 9.06 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, BY is valued cheaper than 84.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.91 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.84
EPS Next 2Y1.19%
EPS Next 3YN/A
5. Dividend
5.1 Amount
BY has a Yearly Dividend Yield of 1.54%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.52, BY is paying slightly less dividend.
BY's Dividend Yield is slightly below the S&P500 average, which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.54% |
5.2 History
The dividend of BY is nicely growing with an annual growth rate of 75.79%!
BY has been paying a dividend for over 5 years, so it has already some track record.
As BY did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)75.79%
Div Incr Years0
Div Non Decr Years5
5.3 Sustainability
13.12% of the earnings are spent on dividend by BY. This is a low number and sustainable payout ratio.
BY's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP13.12%
EPS Next 2Y1.19%
EPS Next 3YN/A
NYSE:BY (5/1/2025, 12:57:13 PM)
25.6
+0.06 (+0.23%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners46.47%
Inst Owner Change-0.02%
Ins Owners2.33%
Ins Owner Change0.45%
Market Cap1.18B
Analysts80
Price Target33.25 (29.88%)
Short Float %2.71%
Short Ratio4.42
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.54% |
Yearly Dividend0.36
Dividend Growth(5Y)75.79%
DP13.12%
Div Incr Years0
Div Non Decr Years5
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.96%
Min EPS beat(2)3.46%
Max EPS beat(2)10.45%
EPS beat(4)4
Avg EPS beat(4)6.52%
Min EPS beat(4)3.46%
Max EPS beat(4)10.45%
EPS beat(8)6
Avg EPS beat(8)4.43%
EPS beat(12)10
Avg EPS beat(12)5.6%
EPS beat(16)13
Avg EPS beat(16)11.26%
Revenue beat(2)1
Avg Revenue beat(2)-0.46%
Min Revenue beat(2)-2.18%
Max Revenue beat(2)1.25%
Revenue beat(4)2
Avg Revenue beat(4)-0.92%
Min Revenue beat(4)-2.77%
Max Revenue beat(4)1.25%
Revenue beat(8)3
Avg Revenue beat(8)-1.08%
Revenue beat(12)5
Avg Revenue beat(12)-1.31%
Revenue beat(16)9
Avg Revenue beat(16)-0.25%
PT rev (1m)-5.23%
PT rev (3m)-5.23%
EPS NQ rev (1m)-0.54%
EPS NQ rev (3m)4.15%
EPS NY rev (1m)-0.51%
EPS NY rev (3m)3.71%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.66%
Revenue NY rev (1m)0.03%
Revenue NY rev (3m)1.34%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.45 | ||
| Fwd PE | 9.06 | ||
| P/S | 2.91 | ||
| P/FCF | 6.91 | ||
| P/OCF | 6.76 | ||
| P/B | 1.08 | ||
| P/tB | 1.35 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.71
EY10.59%
EPS(NY)2.83
Fwd EY11.04%
FCF(TTM)3.7
FCFY14.46%
OCF(TTM)3.79
OCFY14.8%
SpS8.8
BVpS23.61
TBVpS18.92
PEG (NY)N/A
PEG (5Y)0.84
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.27% | ||
| ROE | 11.06% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 29.68% | ||
| GM | N/A | ||
| FCFM | 42.07% |
ROA(3y)1.23%
ROA(5y)1.13%
ROE(3y)11.14%
ROE(5y)9.8%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y0.08%
PM growth 5Y7.5%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 1.1 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 79.35% | ||
| Cap/Sales | 0.98% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 141.74% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score7
WACC14.59%
ROIC/WACCN/A
Cap/Depr(3y)47.64%
Cap/Depr(5y)37.54%
Cap/Sales(3y)1.03%
Cap/Sales(5y)1.04%
Profit Quality(3y)179.64%
Profit Quality(5y)180.75%
High Growth Momentum
Growth
EPS 1Y (TTM)-0.73%
EPS 3Y4.62%
EPS 5Y11.24%
EPS Q2Q%-7.14%
EPS Next Y-3.51%
EPS Next 2Y1.19%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)2.96%
Revenue growth 3Y9.41%
Revenue growth 5Y8.4%
Sales Q2Q%2.05%
Revenue Next Year4.63%
Revenue Next 2Y4.83%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y5.53%
FCF growth 3Y33.34%
FCF growth 5Y46.93%
OCF growth 1Y5.48%
OCF growth 3Y33.03%
OCF growth 5Y42.99%