Byline Bancorp director Kistner buys $3,829 in common stock

Byline Bancorp director William G. Kistner recently bolstered his stake in the company by purchasing 100 shares of common stock. The acquisition, completed on August 19, 2026, saw Kistner invest $3,829, paying $38.3 per share. As a result, Kistner now holds a total of 1,036 shares directly, with an additional 14,289 shares indirectly owned through the William G. Kistner Trust.

This insider purchase follows a period of strong performance for Byline Bancorp shares, which have risen 32% year-to-date and 40% over the past year. The stock trades at a P/E ratio of 11.54 and a PEG ratio of 0.48, signaling potential value. According to InvestingPro's analysis, the company is currently undervalued and listed among its Most Undervalued stocks.

Byline Bancorp recently reported second-quarter 2026 earnings and revenue that surpassed market expectations, with earnings per share of $0.90, exceeding the estimated $0.79, and revenue of $117.71 million, surpassing the expected $115.78 million. The company's strong performance can be attributed to higher fee income, reduced expenses, and consistent loan growth.

These positive results have contributed to a favorable outlook for Byline Bancorp, as evidenced by the market's response.