When a company such as Byline Bancorp splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.

Looking at the BY split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Byline Bancorp shares, starting with a $10,000 purchase of BY, presented on a split-history-adjusted basis factoring in the complete BY split history.

About Byline Bancorp

Byline Bancorp is a bank holding company. Through its subsidiary, Byline Bank, Co. provides banking products and services to small and medium sized businesses, commercial real estate and financial sponsors and to consumers. In addition to its commercial banking business, Co. provides small ticket equipment leasing solutions through Byline Financial Group, a wholly-owned subsidiary of Byline Bank. Co. participates in U.S. government guaranteed lending programs and originates U.S. government guaranteed loans. The variety of deposit products Co. provides include non-interest bearing accounts, money market demand accounts, savings accounts, interest-bearing checking accounts and time deposits. According to our BY split history records, Byline Bancorp has had 1 split.

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