Byline Bancorp, Inc. (NYSE:BY) Sees Large Increase in Short Interest

04 Mar 2026, 21:02 by Renee Jackson · The Cerbat Gem

Byline Bancorp, Inc. (NYSE:BY – Get Free Report) was the recipient of a significant increase in short interest in February. As of February 13th, there was short interest totaling 497,852 shares, an increase of 18.9% from the January 29th total of 418,555 shares. Approximately 1.5% of the shares of the stock are short sold. Based on an average daily volume of 172,113 shares, the short-interest ratio is presently 2.9 days. Based on an average daily volume of 172,113 shares, the short-interest ratio is presently 2.9 days. Approximately 1.5% of the shares of the stock are short sold.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. Weiss Ratings restated a “buy (b-)” rating on shares of Byline Bancorp in a research report on Wednesday, January 21st. Zacks Research upgraded shares of Byline Bancorp from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 27th. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $37.00 target price on shares of Byline Bancorp in a research note on Tuesday, January 27th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $33.67.

Read Our Latest Research Report on Byline Bancorp

Byline Bancorp Stock Up 0.6%

NYSE BY traded up $0.18 during midday trading on Wednesday, hitting $31.94. 161,084 shares of the company traded hands, compared to its average volume of 158,184. The company’s 50-day simple moving average is $31.38 and its 200-day simple moving average is $29.31. Byline Bancorp has a 52 week low of $22.63 and a 52 week high of $33.89. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.95 and a quick ratio of 0.91. The company has a market cap of $1.46 billion, a PE ratio of 11.09 and a beta of 0.84.

Byline Bancorp (NYSE:BY – Get Free Report) last released its quarterly earnings results on Thursday, January 22nd. The company reported $0.76 EPS for the quarter, beating the consensus estimate of $0.72 by $0.04. The business had revenue of $117.01 million during the quarter, compared to analyst estimates of $112.51 million. Byline Bancorp had a net margin of 20.54% and a return on equity of 11.19%. As a group, equities research analysts forecast that Byline Bancorp will post 2.6 earnings per share for the current year.

Byline Bancorp announced that its Board of Directors has authorized a stock repurchase program on Thursday, December 11th that allows the company to repurchase $2.25 million in shares. This repurchase authorization allows the company to reacquire up to 0.2% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s board believes its shares are undervalued.

Byline Bancorp Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Tuesday, February 3rd were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.5%. This is a boost from Byline Bancorp’s previous quarterly dividend of $0.10. The ex-dividend date was Tuesday, February 3rd. Byline Bancorp’s dividend payout ratio (DPR) is 16.67%.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC lifted its holdings in Byline Bancorp by 99.5% in the third quarter. EverSource Wealth Advisors LLC now owns 1,095 shares of the company’s stock valued at $30,000 after acquiring an additional 546 shares during the period. State of Alaska Department of Revenue acquired a new position in shares of Byline Bancorp during the third quarter valued at approximately $46,000. Clearstead Advisors LLC lifted its holdings in Byline Bancorp by 83.1% in the 4th quarter. Clearstead Advisors LLC now owns 1,578 shares of the company’s stock valued at $46,000 after purchasing an additional 716 shares in the last quarter. Parkside Financial Bank & Trust raised its position in shares of Byline Bancorp by 15.1% in the fourth quarter. Parkside Financial Bank & Trust now owns 2,381 shares of the company’s stock valued at $69,000 after buying an additional 313 shares during the last quarter. Finally, Russell Investments Group Ltd. raised its holdings in Byline Bancorp by 1,572.5% in the 3rd quarter. Russell Investments Group Ltd. now owns 2,860 shares of the company’s stock valued at $79,000 after acquiring an additional 2,689 shares during the last quarter. Institutional investors and hedge funds own 67.73% of the company’s stock.

About Byline Bancorp

(Get Free Report)

Byline Bancorp, Inc is the bank holding company for Byline Bank, a full-service commercial bank headquartered in Chicago, Illinois. Established under its current name in 2016, the company operates as a community-focused financial institution offering a broad array of banking products and services to corporate, professional and consumer clients.