BY
Byline Bancorp, Inc.
BY has slightly lower modeled downside risk, despite its lower overall score.
GS
The Goldman Sachs Group, Inc.
GS has the edge over BY overall, supported by stronger valuation.
BY Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| N/A | |
| N/A |
BY's profitability is currently strong, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like BY.
GS Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| N/A | |
| N/A |
GS's revenue and profitability are currently strong. Free cash flow and net leverage aren't meaningful measures for financial services companies like GS.
BY PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8.5x | $29.37 | -25% |
| Fair | 11x | $36.15 | -7.5% |
| Current | 11x | $39.07 | — |
| Forward | 11x | $39.07 | — |
| Expensive | 12x | $42.67 | +9.2% |
Historical ranges are pointers, not guarantees.
BY has the edge over GS in the historical PE scenario, which offers more potential upside but is not a forecast.
GS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 7.6x | $528 | -42% |
| Current | 13x | $914 | — |
| Forward | 13x | $914 | — |
| Fair | 14x | $940 | +2.9% |
| Expensive | 17x | $1,214 | +33% |
Historical ranges are pointers, not guarantees.
GS's PE is 13x, but its earnings don't support one, so it isn't a reliable read right now.
BY Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for BY, with profitability improving.
GS Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for GS, with profitability improving. However, they disagree widely on these estimates.
BY Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.48 | +1.2% |
| Q3 2026 | $3.44 | +23% |
| Q2 2026 | $3.32 | +24% |
| Q1 2026 | $3.08 | +14% |
| Q4 2025 | $2.89 | +5.1% |
| Q3 2025 | $2.80 | +1.8% |
| Q2 2025 | $2.67 | -1.5% |
| Q1 2025 | $2.69 | -1.5% |
| Q4 2024 | $2.75 | +3% |
BY earned $3.44 per share over the past year, up 23% from the year before.
GS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $72.35 | +4% |
| Q3 2026 | $69.58 | +41% |
| Q2 2026 | $64.82 | +43% |
| Q1 2026 | $54.75 | +27% |
| Q4 2025 | $51.32 | +27% |
| Q3 2025 | $49.22 | +44% |
| Q2 2025 | $45.37 | +45% |
| Q1 2025 | $43.08 | +68% |
| Q4 2024 | $40.54 | +77% |
GS has the edge over BY on earnings, with more consistent year-over-year improvement.
BY Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $121M | +4.6% |
| Q2 2026 | $117.7M | +6.6% |
| Q1 2026 | $112.4M | +9% |
| Q4 2025 | $117M | +12% |
| Q3 2025 | $115.7M | +14% |
| Q2 2025 | $110.5M | +11% |
| Q1 2025 | $103.1M | +2% |
| Q4 2024 | $104.7M | +3.9% |
BY's revenue has grown year over year for eight quarters in a row: $121M last quarter, up 4.6% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 45% | +1.9 points |
| Q2 2026 | 46% | +11 points |
| Q1 2026 | 44% | +7.8 points |
| Q4 2025 | 40% | +1.5 points |
| Q3 2025 | 43% | +3.8 points |
| Q2 2025 | 35% | -5.1 points |
| Q1 2025 | 36% | -3.8 points |
| Q4 2024 | 39% | -1.1 points |
BY has the edge over GS on profitability, with a higher operating margin.
GS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $18.7B | +23% |
| Q2 2026 | $20.3B | +39% |
| Q1 2026 | $17.2B | +14% |
| Q4 2025 | $13.5B | -3% |
| Q3 2025 | $15.2B | +20% |
| Q2 2025 | $14.6B | +15% |
| Q1 2025 | $15.1B | +6% |
| Q4 2024 | $13.9B | +23% |
GS's revenue is growing: $18.7B last quarter, up 23% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 37% | +2 points |
| Q2 2026 | 42% | +8.1 points |
| Q1 2026 | 38% | +0.2 points |
| Q4 2025 | 44% | +5.6 points |
| Q3 2025 | 36% | +4.1 points |
| Q2 2025 | 34% | +3.2 points |
| Q1 2025 | 37% | +0.6 points |
| Q4 2024 | 38% | +18 points |
GS's operating margin was 37% last quarter, up 2 points from the same quarter a year ago.
BY Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $61.7M | +63% |
| Q2 2026 | $13.2M | -13% |
| Q1 2026 | $54.1M | +116% |
| Q4 2025 | $58.1M | +14% |
| Q3 2025 | $38M | +98% |
| Q2 2025 | $15.2M | -61% |
| Q1 2025 | $25M | -59% |
| Q4 2024 | $50.8M | +$56.8M |
BY has the edge over GS on cash generation, producing positive trailing cash flow while its opponent burns cash.
GS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $3.7B | +72% |
| Q2 2026 | $5.6B | +7.8% |
| Q1 2026 | -$32.4B | +$5.3B |
| Q4 2025 | -$16.8B | -136% |
| Q3 2025 | $2.1B | +$40.6B |
| Q2 2025 | $5.2B | -6.8% |
| Q1 2025 | -$37.7B | -$9.2B |
| Q4 2024 | $46.2B | +$75.1B |
GS's free cash flow was −$40B over the past year, against $15.8B the year before. Free cash flow isn't a meaningful measure for financial services companies like GS.
BY Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.6% | -247K shares |
| 1 year | -1.8% | -831K shares |
| 3 years | +2.5% | +1.1M shares |
| 5 years | +17% | +6.5M shares |
| Available history | +17% | +6.6M shares |
BY has 45M diluted shares, down 1.8% from a year ago, with $49M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $20.2M |
| Q2 2026 | $9.1M |
| Q1 2026 | $9.8M |
| Q4 2025 | $9.8M |
| Q3 2025 | $193,000 |
| Q2 2025 | $13.1M |
| Q1 2025 | $687,000 |
| Q4 2023 | — |
BY spent $49M buying back its own shares over the past year.
GS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.2% | -3.8M shares |
| 1 year | -4.4% | -13.9M shares |
| 3 years | -12% | -42.8M shares |
| 5 years | -15% | -52.8M shares |
| Available history | -20% | -74.4M shares |
GS has the edge over BY on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $3B |
| Q2 2026 | $4B |
| Q1 2026 | $5B |
| Q4 2025 | $3B |
| Q3 2025 | $2B |
| Q2 2025 | $3B |
| Q1 2025 | $4.4B |
| Q4 2024 | $2B |
GS spent $15B buying back its own shares over the past year, up 32% from the year before.
BY Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.6x | Healthy |
| Q2 2026 | 3.5x | Elevated |
| Q1 2026 | 4.2x | High |
| Q4 2025 | 3.9x | Elevated |
| Q3 2025 | 3.3x | Elevated |
| Q2 2025 | 4.0x | High |
| Q1 2025 | 4.8x | High |
| Q4 2024 | 4.3x | High |
BY's net debt is about 1.6 years of its operating earnings (EBITDA), down from 3.3 years a year ago. Net leverage isn't a meaningful measure for financial services companies like BY.
GS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -5.4x | Net Cash |
| Q2 2026 | -6.1x | Net Cash |
| Q1 2026 | -6.7x | Net Cash |
| Q4 2025 | -6.4x | Net Cash |
| Q3 2025 | -3.5x | Net Cash |
| Q2 2025 | -3.1x | Net Cash |
| Q1 2025 | -3.9x | Net Cash |
| Q4 2024 | -4.7x | Net Cash |
GS has the edge over BY on leverage, with a lower net debt burden relative to earnings.
BY Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 62.6 | Neutral |
| Stochastic | 64.4 | Neutral |
BY's weekly RSI is 63 (neutral) and its Stochastic is 64 (neutral).
GS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 44.5 | Neutral |
| Stochastic | 16.3 | Oversold |
GS's weekly RSI is 45 (neutral) and its Stochastic is 16 (oversold).
BY PE vs Financial Services Sector
| Metric | BY | Sector median | Relative |
|---|---|---|---|
| PE | 11x | 13x | 13% below |
| PE % | 67 | 63 | 4 pts above |
BY has the edge over GS on valuation relative to its sector.
GS PE vs Financial Services Sector
| Metric | GS | Sector median | Relative |
|---|---|---|---|
| PE | 13x | 13x | 0.8% above |
| PE % | 46 | 63 | 17 pts below |
GS is trading at 13x earnings, in line with the Financial Services sector's median of 13x, though its earnings don't support one.
BY Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $37.9 | 3.2% above |
| 20 week MA | $38.2 | 2.4% above |
| 50 week MA | $34.5 | 13% above |
| 100 week MA | $30.9 | 26% above |
| 200 week MA | $26.8 | 46% above |
BY has the edge over GS on trend strength, trading above more of its moving averages.
GS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $895.5 | 2% above |
| 20 week MA | $977.4 | 6.5% below |
| 50 week MA | $945.4 | 3.4% below |
| 100 week MA | $804.5 | 14% above |
| 200 week MA | $602.7 | 52% above |
GS's trend is mixed: it's above three of its five weekly moving averages, and 52% above its 200-week average.
BY Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $19.3 | $15.4 | -20% |
| 2021 | $15.4 | $26.9 | +74% |
| 2022 | $26.9 | $22.9 | -15% |
| 2023 | $22.9 | $23.6 | +2.8% |
| 2024 | $23.6 | $29.0 | +23% |
| 2025 | $29.0 | $29.7 | +2.6% |
| 2026 YTD | $29.7 | $39.1 | +32% |
BY has the edge over GS on returns for 2026, with the stronger performance.
GS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $230.7 | $256.2 | +11% |
| 2021 | $256.2 | $385.0 | +50% |
| 2022 | $385.0 | $345.5 | -10% |
| 2023 | $345.5 | $385.8 | +12% |
| 2024 | $385.8 | $576.2 | +49% |
| 2025 | $576.2 | $907.0 | +57% |
| 2026 YTD | $907.0 | $913.6 | +0.7% |
GS has finished higher in five of the last six years, two of them by more than 50%. It's up 0.7% so far in 2026.