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 404 industry peers in the Banks industry. BY has a medium profitability rating, but doesn't score so well on its financial health evaluation. BY is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year BY was profitable.
In the past year BY had a positive cash flow from operations.
Each year in the past 5 years BY has been profitable.
Of the past 5 years BY 4 years had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.27%, BY belongs to the top of the industry, outperforming 84.30% of the companies in the same industry.
BY's Return On Equity of 10.95% is fine compared to the rest of the industry. BY outperforms 78.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.27% | ||
| ROE | 10.95% | ||
| 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
BY's Profit Margin of 29.79% is amongst the best of the industry. BY outperforms 83.29% of its industry peers.
In the last couple of years the Profit Margin of BY has grown nicely.
BY does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 29.79% | ||
| 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.
Compared to 5 years ago, BY has more shares outstanding
BY has a worse debt/assets ratio than last year.
2.2 Solvency
BY has a debt to FCF ratio of 1.69. This is a very positive value and a sign of high solvency as it would only need 1.69 years to pay back of all of its debts.
The Debt to FCF ratio of BY (1.69) is better than 64.30% of its industry peers.
BY has a Debt/Equity ratio of 0.18. This is a healthy value indicating a solid balance between debt and equity.
BY's Debt to Equity ratio of 0.18 is in line compared to the rest of the industry. BY outperforms 55.70% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 1.69 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC10.99%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 3.37% over the past year.
The Earnings Per Share has been growing by 11.24% on average over the past years. This is quite good.
BY shows a small growth in Revenue. In the last year, the Revenue has grown by 5.14%.
BY shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.40% yearly.
EPS 1Y (TTM)3.37%
EPS 3Y4.62%
EPS 5Y11.24%
EPS Q2Q%1.47%
Revenue 1Y (TTM)5.14%
Revenue growth 3Y9.41%
Revenue growth 5Y8.4%
Sales Q2Q%3.85%
3.2 Future
The Earnings Per Share is expected to grow by 1.52% on average over the next years.
The Revenue is expected to grow by 4.88% on average over the next years.
EPS Next Y-3.01%
EPS Next 2Y1.52%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year4.6%
Revenue Next 2Y4.88%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 10.24, the valuation of BY can be described as reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of BY indicates a rather cheap valuation: BY is cheaper than 80.51% of the companies listed in the same industry.
BY is valuated cheaply when we compare the Price/Earnings ratio to 29.98, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 10.56, the valuation of BY can be described as very reasonable.
Based on the Price/Forward Earnings ratio, BY is valued a bit cheaper than 62.03% of the companies in the same industry.
BY is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.66, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.24 | ||
| Fwd PE | 10.56 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, BY is valued a bit cheaper than the industry average as 62.78% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.97 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.91
EPS Next 2Y1.52%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.42%, BY has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.25, BY is paying slightly less dividend.
Compared to the average S&P500 Dividend Yield of 2.30, BY is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.42% |
5.2 History
The dividend of BY is nicely growing with an annual growth rate of 71.21%!
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)71.21%
Div Incr Years0
Div Non Decr Years5
5.3 Sustainability
BY pays out 13.17% of its income as dividend. This is a sustainable payout ratio.
BY's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP13.17%
EPS Next 2Y1.52%
EPS Next 3YN/A
NYSE:BY (3/3/2025, 3:55:05 PM)
28.255
-0.29 (-1%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners46.47%
Inst Owner Change3.95%
Ins Owners2.33%
Ins Owner Change0.44%
Market Cap1.26B
Analysts80
Price Target35.09 (24.19%)
Short Float %2.18%
Short Ratio4.58
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.42% |
Yearly Dividend0.36
Dividend Growth(5Y)71.21%
DP13.17%
Div Incr Years0
Div Non Decr Years5
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)4.13%
Min EPS beat(2)3.46%
Max EPS beat(2)4.79%
EPS beat(4)3
Avg EPS beat(4)3.47%
Min EPS beat(4)-1.73%
Max EPS beat(4)7.36%
EPS beat(8)6
Avg EPS beat(8)3.93%
EPS beat(12)9
Avg EPS beat(12)3.68%
EPS beat(16)13
Avg EPS beat(16)12.24%
Revenue beat(2)0
Avg Revenue beat(2)-2.47%
Min Revenue beat(2)-2.77%
Max Revenue beat(2)-2.18%
Revenue beat(4)1
Avg Revenue beat(4)-2.11%
Min Revenue beat(4)-3.5%
Max Revenue beat(4)0.01%
Revenue beat(8)3
Avg Revenue beat(8)-1.18%
Revenue beat(12)5
Avg Revenue beat(12)-1.16%
Revenue beat(16)9
Avg Revenue beat(16)-0.14%
PT rev (1m)1.18%
PT rev (3m)8.86%
EPS NQ rev (1m)0.03%
EPS NQ rev (3m)0.03%
EPS NY rev (1m)1.5%
EPS NY rev (3m)4.59%
Revenue NQ rev (1m)-0.03%
Revenue NQ rev (3m)-0.03%
Revenue NY rev (1m)1.31%
Revenue NY rev (3m)1.42%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.24 | ||
| Fwd PE | 10.56 | ||
| P/S | 3.12 | ||
| P/FCF | 10.97 | ||
| P/OCF | 10.71 | ||
| P/B | 1.15 | ||
| P/tB | 1.43 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.76
EY9.77%
EPS(NY)2.68
Fwd EY9.47%
FCF(TTM)2.58
FCFY9.11%
OCF(TTM)2.64
OCFY9.34%
SpS9.06
BVpS24.66
TBVpS19.75
PEG (NY)N/A
PEG (5Y)0.91
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.27% | ||
| ROE | 10.95% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 29.79% | ||
| GM | N/A | ||
| FCFM | 28.41% |
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 | 0.18 | ||
| Debt/FCF | 1.69 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 36.86% | ||
| Cap/Sales | 0.71% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 95.37% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score7
WACC10.99%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)3.37%
EPS 3Y4.62%
EPS 5Y11.24%
EPS Q2Q%1.47%
EPS Next Y-3.01%
EPS Next 2Y1.52%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)5.14%
Revenue growth 3Y9.41%
Revenue growth 5Y8.4%
Sales Q2Q%3.85%
Revenue Next Year4.6%
Revenue Next 2Y4.88%
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 1Y-43.46%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-42.95%
OCF growth 3YN/A
OCF growth 5YN/A