Is Byline Bancorp, Inc. overvalued or undervalued?

As of 24 April 2025, Byline Bancorp, Inc. has moved from an attractive to a fair valuation grade. The company appears to be fairly valued at this time. Key ratios include a P/E ratio of 11, a Price to Book Value of 1.11, and an EV to EBITDA of 9.32.
In comparison to its peers, Byline Bancorp's P/E ratio of 11 is lower than S&T Bancorp, Inc. at 10.83 and Veritex Holdings, Inc. at 13.04, indicating that it is competitively priced within its industry. Notably, the company has a robust dividend yield of 62.80% and a return on equity (ROE) of 10.48%. Although Byline has underperformed the S&P 500 year-to-date with a return of -12.00% compared to the index's 2.44%, its one-year performance of 13.02% suggests potential for recovery.