Headlines about Byline Bancorp (NYSE:BY) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Byline Bancorp earned a media sentiment score of 0.03 on Accern’s scale. Accern also gave media headlines about the company an impact score of 45.1934294923543 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news stories that may have effected Accern’s analysis:
BY has been the topic of a number of recent research reports. Zacks Investment Research cut Byline Bancorp from a “hold” rating to a “sell” rating in a report on Tuesday, April 3rd. Sandler O’Neill assumed coverage on Byline Bancorp in a research note on Wednesday, May 30th. They set a “hold” rating and a $23.00 price objective on the stock. Finally, ValuEngine cut Byline Bancorp from a “buy” rating to a “hold” rating in a research note on Monday, June 11th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company. The company has an average rating of “Hold” and an average price target of $24.58.
Byline Bancorp traded up $0.38, hitting $24.38, during trading hours on Thursday, MarketBeat reports. 4,344 shares of the company traded hands, compared to its average volume of 62,285. The company has a current ratio of 0.93, a quick ratio of 0.92 and a debt-to-equity ratio of 0.84. Byline Bancorp has a one year low of $19.02 and a one year high of $24.80. The stock has a market cap of $679.48 million and a PE ratio of 46.88.
Byline Bancorp (NYSE:BY) last issued its quarterly earnings data on Friday, April 27th. The company reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.06). Byline Bancorp had a net margin of 11.43% and a return on equity of 6.56%. The company had revenue of $45.12 million for the quarter, compared to the consensus estimate of $44.10 million. sell-side analysts forecast that Byline Bancorp will post 1.2 earnings per share for the current fiscal year.
Byline Bancorp Company Profile
Byline Bancorp, Inc operates as the bank holding company for Byline Bank that provides a range of banking products and services to small and medium sized businesses, commercial real estate and financial sponsors, and consumers in the United States. It offers non-interest bearing accounts, money market demand accounts, savings accounts, interest bearing checking accounts, and time deposits, as well as certificates of deposit.
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