KBW analyst Damon Delmonte maintained a Hold rating on Byline Bancorp (BY – Research Report) yesterday and set a price target of $25.00. The company’s shares closed yesterday at $21.08.
According to TipRanks, Delmonte is a 5-star analyst with an average return of 16.3% and a 70.08% success rate. Delmonte covers the Financial sector, focusing on stocks such as Financial Institutions, Heartland Financial USA, and Macatawa Bank.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Byline Bancorp with a $26.00 average price target.
Based on Byline Bancorp’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $100.79 million and a net profit of $29.6 million. In comparison, last year the company earned a revenue of $87.83 million and had a net profit of $22.7 million
Based on the recent corporate insider activity of 68 insiders, corporate insider sentiment is neutral on the stock.
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Byline Bancorp (BY) Company Description:
Byline Bancorp, Inc. is a holding company, which engages in business through its subsidiary, Byline Bank, a full services commercial bank. It offers a broad range of banking products and service to small and medium sized businesses, commercial real estate and financial sponsors and to consumers in the branch areas. The company was founded on December 29, 1978 and is headquartered in Chicago, IL.
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