Byline Bancorp, Inc. (NYSE:BY) – Research analysts at FIG Partners issued their Q3 2017 earnings estimates for shares of Byline Bancorp in a note issued to investors on Tuesday. FIG Partners analyst B. Martin anticipates that the company will earn $0.22 per share for the quarter. FIG Partners currently has a “Market Perform” rating and a $22.50 target price on the stock. FIG Partners also issued estimates for Byline Bancorp’s Q4 2017 earnings at $0.22 EPS, FY2017 earnings at $0.94 EPS, Q1 2018 earnings at $0.24 EPS, Q2 2018 earnings at $0.27 EPS, Q3 2018 earnings at $0.29 EPS, Q4 2018 earnings at $0.31 EPS, FY2018 earnings at $1.10 EPS and FY2019 earnings at $1.35 EPS.

A number of other brokerages also recently commented on BY. Keefe, Bruyette & Woods started coverage on shares of Byline Bancorp in a research report on Tuesday, July 25th. They issued a “market perform” rating and a $22.00 price objective for the company. Zacks Investment Research upgraded shares of Byline Bancorp from a “hold” rating to a “buy” rating and set a $24.00 price objective for the company in a research report on Tuesday, September 26th. Bank of America Corporation started coverage on shares of Byline Bancorp in a research report on Tuesday, July 25th. They issued a “buy” rating and a $25.00 price objective for the company. Stephens started coverage on shares of Byline Bancorp in a research report on Wednesday, July 26th. They issued an “equal weight” rating for the company. Finally, Piper Jaffray Companies restated a “buy” rating and issued a $25.00 price objective on shares of Byline Bancorp in a research report on Friday. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $23.70.

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Byline Bancorp (BY) opened at 20.39 on Friday. The company has a 50-day moving average price of $20.98 and a 200-day moving average price of $20.77. Byline Bancorp has a 12-month low of $19.29 and a 12-month high of $21.70. The firm’s market cap is $597.53 million.

Byline Bancorp (NYSE:BY) last released its quarterly earnings results on Thursday, July 27th. The company reported ($0.18) earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.39). The company had revenue of $43.00 million during the quarter.

Several hedge funds have recently bought and sold shares of the company. Jennison Associates LLC acquired a new stake in shares of Byline Bancorp during the 2nd quarter valued at approximately $11,352,000. Lord Abbett & CO. LLC acquired a new stake in shares of Byline Bancorp during the 2nd quarter valued at approximately $8,980,000. Banc Funds Co. LLC acquired a new stake in shares of Byline Bancorp during the 2nd quarter valued at approximately $8,622,000. Castine Capital Management LLC acquired a new stake in shares of Byline Bancorp during the 2nd quarter valued at approximately $4,466,000. Finally, Stifel Financial Corp acquired a new stake in shares of Byline Bancorp during the 2nd quarter valued at approximately $3,546,000. Institutional investors own 20.06% of the company’s stock.

About Byline Bancorp

Byline Bancorp, Inc is a bank holding company. The Company operates through its subsidiary, Byline Bank (the Bank). Byline Bank is a full service commercial bank. The Bank operates through 56 branches in the Chicago metropolitan area. The Bank offers a broad range of banking products and services to small and medium sized businesses, commercial real estate and financial sponsors, and to consumers.

Earnings History and Estimates for Byline Bancorp (NYSE:BY)

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