BY Earnings Prediction
The chart below shows how BY performed 10 days before and after its earnings report, based on data from the past quarters. Typically, BY sees a -2.75% change in stock price 10 days leading up to the earnings, and a +2.54% change 10 days following the report. On the earnings day itself, the stock moves by +0.11%. This data can give you a slight idea of what to expect for the next quarter's release.
BY Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
95.69M
0.74%
-1.47%
Gross Margin
--
--
--
Operating Margin
55.30%
23.80%
28.16%
Net Margin
31.69%
1.67%
1.47%
EPS
0.69
1.47%
0.00%
No Data Available
BY Earnings Analysis
Byline Bancorp Inc Corporation (BY.N) Earnings Conference Call
Positive
Tangible Book Value Increase: Tangible book value per share increased by 12% year-over-year, reflecting strong capital growth and balance sheet strength.
Net Income Increase: Net income for the full year 2024 was $121 million, or $2.75 per diluted share, representing a 5% increase in revenue year-over-year to $407 million.
Consistent ROA Performance: The company achieved a pretax pre-provision return on assets (ROA) of 205 basis points for the quarter, marking the 9th consecutive quarter above 200 basis points.
Deposit Growth Analysis: Deposits grew by 4% year-over-year, with non-interest bearing demand deposits accounting for 23.5% of total deposits, indicating strong customer retention and growth.
Quarterly Dividend Increase: An 11.1% increase in the quarterly dividend was approved, demonstrating a commitment to returning value to shareholders.
Negative
Rising Operational Costs: Expenses increased to $57,400,000 largely due to higher incentive accruals, resulting in an efficiency ratio of 50.36% for the quarter, indicating rising operational costs.
Flat Loan Growth Challenges: Loan growth was flat at $6,900,000,000 for the quarter, with a notable increase in payoff activity to $288,000,000, suggesting challenges in maintaining loan balances.
Stagnant Customer Deposits: Total deposits remained flat at $7,500,000,000 for the quarter, reflecting a stagnation in customer deposits despite a 4% increase year-on-year.
Cost to Asset Ratio Increase: The cost to asset ratio increased to 2.48% as of quarter end, indicating a decline in operational efficiency compared to previous periods.
Provision Expense Decline: Provision expense for the quarter was $6,900,000, down from $7,500,000 in Q3, but still highlights ongoing credit quality concerns in the portfolio.
BY FAQs
How does BY typically perform around its earnings report dates?
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BY Earning Call Sentiment
Earnings call transcript: Byline Bancorp Q4 2024 earnings beat expectations
BY.N
0.73%Positive
The earnings call highlights strong financial performance with increased net income, revenue, and EPS. The company also announced an 11% dividend increase, indicating shareholder confidence. Despite some concerns about SBA portfolio quality and rising expenses, management's optimistic guidance and solid capital ratios support a positive outlook. The market cap suggests moderate volatility, so a 2% to 8% stock price increase is expected.
