Byline Bancorp Inc (BY) Stock AnalysisBYByline Bancorp Inc

Byline Bancorp, Inc. is a bank holding company. The Company conducts all its business activities through its subsidiary, Byline Bank, a full-service commercial bank, and Byline Bank’s subsidiaries. It offers a range of banking products and services to small and medium-sized businesses, commercial real estate and financial sponsors and to consumers who generally live or work near its branches. It also offers online account opening to consumer and business customers through its Website and provides trust and wealth management services to its customers. In addition to its traditional commercial banking business, it provides small ticket equipment leasing solutions through Byline Financial Group, a wholly owned subsidiary of Byline Bank. It offers a range of commercial loan, deposit and treasury management products. Its primary commercial lending groups include commercial and industrial, commercial real estate, sponsor finance, commercial deposits and treasury management and others. It operates in the Financials sector (STATE COMMERCIAL BANKS industry).

Byline Bancorp is currently trading at $36.32, which is below the average analyst target of $40.67, suggesting potential upside. However, the RSI is at 31.121, indicating the stock is oversold, and the recent 5-day change is -3.76%, reflecting short-term weakness. The forward P/E ratio of 9.59 indicates it is undervalued compared to its earnings potential, but the company has only shown 6.8% annual revenue growth over the last two years, which is a concern. Given these mixed signals, it may be prudent to hold rather than buy at this moment.

5 analysts cover BY: 2 rate it Buy, 3 Hold and 0 Sell. The average price target is 33.50.