Byline Bancorp director Pamela Stewart buys $44,785 in shares
Byline Bancorp director Pamela Stewart buys $44,785 in shares
Pamela C. Stewart, a director at BYLINE BANCORP, INC. (NASDAQ:BY), recently acquired shares in the company totaling approximately $44,785. The transaction, which involved the purchase of 1,160 common shares at a price of $38.6078 per share, occurred on October 26, 2026. The timing appears opportune, as the stock has delivered strong returns with a 33% gain year-to-date and 43% over the past year, while InvestingPro analysis suggests the company remains undervalued relative to its Fair Value.
Following this acquisition, Ms. Stewart directly holds 7,496 shares of BYLINE BANCORP common stock. According to InvestingPro Tips, the company is trading at a low P/E ratio of 11.2 relative to its near-term earnings growth. For investors seeking deeper insights, Byline Bancorp is among the 1,400+ US equities covered by comprehensive Pro Research Reports, transforming complex data into actionable intelligence.
In other recent news, Byline Bancorp reported impressive third-quarter financial results, exceeding Wall Street expectations. The company achieved earnings per share of $0.94, surpassing the consensus estimate of $0.82. Revenue for the quarter reached $121 million, also beating analysts’ projections of $116.88 million. This performance was attributed to record net interest income, stronger deposit growth, and improved margin performance. Byline Bancorp’s quarterly net income was reported at a record $41.8 million, marking an increase of approximately 15% from the previous year. Raymond James reiterated a Market Perform rating on Byline Bancorp following these results. The firm highlighted the higher net interest income and fees, along with a lower provision, as key drivers of the earnings beat, despite higher expenses. These developments reflect the company’s strong financial performance in the recent quarter.
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