{
  "id": 928156,
  "title": "Byline Bancorp CEO Roberto Herencia sells $774k in stock",
  "url": "https://urgent.news/2026/08/15/byline-bancorp-ceo-roberto-herencia-sells-774k-in-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-15T01:45:52.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/byline-bancorp-ceo-roberto-herencia-sells-774k-in-stock-93CH-4861690"
  },
  "original_language": "en",
  "account": "Byline Bancorp CEO Roberto Herencia divested 19,750 shares of the company's common stock on August 13, 2026. The stock sale occurred at an average price of $39.2054 per share, resulting in a total net gain of approximately $774,306. This transaction took place while Byline Bancorp shares were trading close to their 52-week peak of $40.03, which has delivered a robust 47% return over the past year. The stock is currently assessed as undervalued compared to its intrinsic value, indicating potential upside despite the recent price surge. Byline Bancorp’s price-to-earnings (P/E) ratio of 11.82 is considered attractive for a bank that has reported a 13% revenue growth over the last twelve months. Post-transaction, Mr. Herencia maintains a personal holding of 411,643 shares. His broader stake includes 16,612 shares through the Roberto Herencia Inc. Defined Benefit Plan and 2,575 shares within the Roberto Herencia Inc. 401(k) plan. For investors seeking a thorough valuation of Byline Bancorp, the company’s Pro Research Report—covering both direct and indirect holdings—can be accessed on InvestingPro, alongside analysis of the firm’s valuation and executive actions. On a separate note, Byline Bancorp announced its second-quarter 2026 earnings and revenue figures, which surpassed analyst projections. The company reported a profit of $0.90 per share, outperforming the expected $0.79 per share. Revenue for the quarter amounted to $117.71 million, exceeding the estimated $115.78 million. The positive financial results were driven by robust fee income, reduced expenses, and consistent loan growth. Byline Bancorp’s net income for the quarter reached a record $40.2 million, signaling a favorable market reaction to the bank’s enhanced financial outlook. This report was AI-generated and edited for accuracy, per the company's Terms & Conditions.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Kratos Defense CEO Eric DeMarco sells $19.3 million in stock",
        "url": "https://urgent.news/2026/08/15/kratos-defense-ceo-eric-demarco-sells-19-3-million-in-stock",
        "published": "2026-08-15T00:15:59.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}