Byline Bancorp – Consensus Indicates Potential 12.9% Upside

Broker Ratings
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Byline Bancorp with ticker code (BY) have now 5 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 32 and 28 with the average target price sitting at 30. Now with the previous closing price of 26.57 this now indicates there is a potential upside of 12.9%. The day 50 moving average is 27.31 and the 200 day moving average is 25.14. The company has a market capitalisation of $1,031m. You can visit the company’s website by visiting: https://www.bylinebancorp.com

The potential market cap would be $1,164m based on the market concensus.

Byline Bancorp 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. The company also provides commercial loan products and services, including term loans, construction financing, and revolving lines of credit; small business administration loans; and small ticket equipment leasing services, as well as online, mobile, and direct banking services. It operates through 45 branch offices in Chicago metropolitan area; and one branch office in Brookfield, Wisconsin. The company was formerly known as Metropolitan Bank Group and changed its name to Byline Bancorp in 2015. Byline Bancorp was incorporated in 1978 and is headquartered in Chicago, Illinois.

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