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Top Executive Offloads Thousands of Byline Bancorp Shares!

Top Executive Offloads Thousands of Byline Bancorp Shares!

New insider activity at Byline Bancorp ( (BY) ) has taken place on February 27, 2025.

Thomas Abraham, the President of SBC, has recently sold 9,761 shares of Byline Bancorp stock, amounting to a total value of $281,791.

Recent Updates on BY stock

In the last 24 hours, Byline Bancorp’s stock has seen positive developments, primarily driven by its strong Q4 earnings performance, which exceeded consensus expectations. The company’s net interest margin expanded by 13 basis points, and there was a notable increase in fee income, leading to an upward revision of its price target by analysts. Additionally, Byline Bancorp announced an 11.1% increase in its quarterly dividend, reflecting confidence in its profitability and commitment to shareholder value. Despite challenges such as flat loan and deposit growth and increased operating expenses, the company maintained a robust capital position and achieved record profitability for 2024. These factors contributed to a generally optimistic outlook for the company, as highlighted in its recent earnings call.

More about Byline Bancorp

YTD Price Performance: -1.28%

Average Trading Volume: 118,152

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.27B

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