Core Viewpoint - Byline Bancorp operates as the holding company for Byline Bank, which has 44 branches in the Chicago metropolitan area, indicating a strong local presence in the financial sector [1]. Group 1: Company Overview - Byline Bancorp is involved in the financial industry and has been discussed multiple times in 2025, highlighting its relevance and ongoing interest in the market [1]. - The company operates primarily in the Chicago metropolitan area, which may provide insights into its market strategy and customer base [1]. Group 2: Market Perspective - The financial markets are viewed as efficient, with most stocks reflecting their real current value, suggesting that Byline Bancorp's stock may be accurately priced in the market [1]. - Opportunities for profit are believed to arise from stocks that are less widely followed or do not accurately reflect market opportunities, indicating potential areas for investment focus [1].

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Byline posted fourth-quarter net income of $34.5 million, or $0.76 per diluted share, on revenue of $117 million. Paracchini reported pre-tax, pre-provision income of $56.6 million and said returns remained “solid,” with pre-tax, pre-provision ROA of 232 basis points, ROA of 141 basis points, and ROTCE of 13%.Strategically, he highlighted three milestones from 2025: closing and integrating the First Security transaction within a single quarter, upgrading customer-facing technology platforms, and continuing ...

Financial Data and Key Metrics Changes - For the full year 2025, net income was $130.1 million, or $2.89 per diluted share, on revenue of $446 million, representing a 9.7% year-over-year increase [13] - The pre-tax pre-provision ROA was 219 basis points, ROA was 136 basis points, and ROTCE was 13.5% [14] - For Q4 2025, net income was $34.5 million, or $0.76 per diluted share, on revenue of $117 million, with revenue up 1.1% from the prior quarter and 12% year-over-year [15] - Tangible book value per share grew by approximately 17% [12] Business Line Data and Key Metrics Changes - Year-on-year loan growth was 8.9%, while deposits grew by 2.5% [14] - In Q4, loans grew by 3% linked quarter, with origination activity consistent at $323 million, primarily from commercial and leasing businesses [15] - Total loans stood at $7.5 billion at year-end, with origination activity up 22% compared to the prior quarter [18] Market Data and Key Metrics Changes - The company is positioned as the largest local community bank and the second largest local commercial bank in Chicago, with significant growth opportunities in the market [6][8] - The Chicago banking market offers substantial opportunities for growth and development, with Byline well-positioned to lead [6] Company Strategy and Development Direction - The company aims to become the preeminent local commercial bank, focusing on organic growth and maintaining a disciplined credit approach [9][24] - A new commercial payments business was launched, with six customers onboarded and additional customers in the pipeline [23] - The company is preparing to cross the $10 billion asset threshold in 2026 while monitoring the regulatory environment closely [23] Management's Comments on Operating Environment and Future Outlook - Management noted that the operating environment has evolved with elevated interest rates and increased macroeconomic uncertainty, but they remained focused on serving customers and executing their strategy [12] - The company expressed optimism about its competitive position and ability to capitalize on opportunities, emphasizing a strong team and operational leverage [24] Other Important Information - The board approved a 20% increase in the quarterly dividend, reflecting confidence in the company's financial performance [5][17] - The company repurchased approximately 346,000 shares and authorized a new repurchase program for up to 5% of outstanding shares [16] Q&A Session Summary Question: Areas of growth and efficiency - Management highlighted excitement around the commercial payments team and the potential for growth in the commercial banking space in Chicago [30][32] Question: Capital return strategy - Management indicated a focus on maintaining flexibility with capital, returning excess capital to shareholders through dividends and share repurchases [33][35] Question: Loan growth outlook - Management expects mid-single-digit loan growth, primarily driven by commercial lending, with real estate growth dependent on transaction activity [44] Question: Net interest income outlook - Management noted that while the first quarter typically sees lower activity, they expect stable to growing net interest income throughout the year [46][48] Question: Credit quality outlook - Management indicated no material changes in credit quality, maintaining a consistent guidance range for net charge-offs [50][98]

Financial Data and Key Metrics Changes - For the full year 2025, net income was $130.1 million, or $2.89 per diluted share, on revenue of $446 million, representing a 9.7% year-over-year increase [12] - The pre-tax pre-provision ROA was 219 basis points, ROA was 136 basis points, and ROTCE was 13.5% [12] - For Q4 2025, net income was $34.5 million, or $0.76 per diluted share, on revenue of $117 million, with profitability metrics remaining solid [13] Business Line Data and Key Metrics Changes - Year-on-year loan growth was 8.9%, while deposits grew by 2.5% [12] - In Q4, loans grew by 3% linked quarter, with origination activity consistent at $323 million, primarily from commercial and leasing businesses [14] - Non-interest income increased, contributing to a 12% year-over-year revenue growth [14] Market Data and Key Metrics Changes - The company is positioned as the largest local community bank and the second largest local commercial bank in Chicago, with significant growth opportunities in the market [5][7] - The company is preparing to cross the $10 billion asset threshold in 2026, which will enhance its competitive position [22] Company Strategy and Development Direction - The company aims to become the preeminent local commercial bank, focusing on organic growth and maintaining a disciplined credit approach [22][23] - A new commercial payments business was launched, with six customers onboarded and additional customers in the pipeline [22] - The company emphasizes a people-first banking approach, which has contributed to low employee turnover and high engagement [6][8] Management's Comments on Operating Environment and Future Outlook - Management noted that the operating environment has been characterized by elevated interest rates and macroeconomic uncertainty, but the company remained focused on serving customers and executing its strategy [11] - The outlook for net interest income is based on a forward curve that assumes a 50 basis point decline in the Fed funds rate for 2026 [18] - Management expressed confidence in the company's ability to generate sustainable growth and return capital to shareholders through dividends and share repurchases [34] Other Important Information - The board approved a 20% increase in the quarterly dividend, reflecting strong financial performance [4][16] - The company repurchased approximately 346,000 shares during the quarter and authorized a new repurchase program for up to 5% of outstanding shares [15][34] Q&A Session Summary Question: Areas of growth and efficiency - Management highlighted excitement around the commercial payments team and the potential for growth in the commercial banking space in Chicago [30] Question: Capital return strategy - Management indicated a focus on maintaining flexibility with capital, returning excess capital to shareholders through dividends and share repurchases [32][34] Question: Loan growth outlook - Management expects mid-single-digit loan growth, primarily driven by commercial lending, with real estate activity dependent on transaction volume [43] Question: Net interest income outlook - Management noted that while the first quarter typically sees lower activity, they expect stable to growing net interest income throughout the year [45][46] Question: Credit quality outlook - Management maintained guidance for net charge-offs in the range of 30-40 basis points, with no material changes in credit quality expected [49] Question: Commercial payments business - Management clarified that the commercial payments team is focused on onboarding clients such as payroll processing companies and fintechs, with a deliberate approach to growth [70][72]

Financial Data and Key Metrics Changes - For the full year 2025, net income was $130.1 million, or $2.89 per diluted share, on revenue of $446 million, reflecting a 9.7% year-over-year increase [12] - The pre-tax pre-provision ROA was 219 basis points, ROA was 136 basis points, and ROTCE was 13.5% [12] - Tangible book value per share grew by approximately 17% [11] - In Q4 2025, net income was $34.5 million, or $0.76 per diluted share, on revenue of $117 million, with a 12% year-over-year revenue increase [12][13] Business Line Data and Key Metrics Changes - Total loans increased to $7.5 billion at year-end, with annual growth of $3.3 million and a 22% increase in origination activity compared to the prior quarter [17] - Deposits were $7.6 billion for the quarter, down 2.3% from the prior quarter, primarily due to balance sheet management [17] - Net interest income reached a record high of $101 million in Q4, up 1.4% from the prior quarter, driven by loan growth and lower deposit costs [18] Market Data and Key Metrics Changes - The company is positioned as the largest local community bank and the second largest local commercial bank in Chicago, with significant growth opportunities in the market [5][7] - The company expects to cross the $10 billion asset threshold in 2026, which will enhance its competitive position [22] Company Strategy and Development Direction - The company aims to become the preeminent local commercial bank, focusing on organic growth and maintaining a people-first banking approach [5][6] - A new commercial payments business was launched, with six customers onboarded and additional customers in the pipeline [22] - The company emphasizes credit discipline and monitoring its portfolio closely to address issues quickly [23] Management's Comments on Operating Environment and Future Outlook - Management noted that the operating environment has evolved with elevated interest rates and increased macroeconomic uncertainty, but the company remained focused on serving customers and executing its strategy [11] - The outlook for net interest income is based on a forward curve assuming a 50 basis point decline in the Fed funds rate for 2026 [18] - Management expressed confidence in the company's competitive position and ability to capitalize on opportunities [23] Other Important Information - The board approved a 20% increase in the quarterly dividend, reflecting strong financial performance and confidence in future results [5][16] - The company repurchased approximately 346,000 shares and authorized a new repurchase program for up to 5% of outstanding shares [15][16] Q&A Session Summary Question: Areas of excitement for scaling up and efficiency - Management highlighted excitement around the commercial payments team and the potential for growth in the commercial banking space in Chicago [30] Question: Capital returns to shareholders and M&A environment - Management indicated a focus on maintaining flexibility with capital, returning excess capital to shareholders, and pursuing organic growth [32][34] Question: Loan growth outlook and segments driving growth - Management expects mid-single-digit loan growth, primarily driven by commercial banking categories [43] Question: Net interest income outlook for Q1 - Management noted that Q1 is typically a seasonally low quarter, but stable to growing NII is expected throughout the year [45][46] Question: Credit quality and net charge-offs outlook - Management provided guidance for net charge-offs in the range of 30-40 basis points for the upcoming year [50] Question: Commercial payments team and client types - Management clarified that clients include payroll processing companies and fintechs, with a deliberate onboarding process [72] Question: Impact of government shutdown on SBA business - Management stated that the impact was immaterial [76]

Forward-Looking Statements 4Q25 Earnings Presentation Forward-Looking Statements This communication contains forward-looking statements within the meaning of the U.S. federal securities laws. Forward-looking statements include, without limitation, statements concerning plans, estimates, calculations, forecasts and projections with respect to the anticipated future performance of the Company. These statements are often, but not always, made through the use of words or phrases such as ''may'', ''might'', ''sh ...

For the quarter ended December 2025, Byline Bancorp (BY) reported revenue of $117.01 million, up 11.8% over the same period last year. EPS came in at $0.76, compared to $0.69 in the year-ago quarter.The reported revenue represents a surprise of +5.13% over the Zacks Consensus Estimate of $111.3 million. With the consensus EPS estimate being $0.72, the EPS surprise was +6.04%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stree ...

Financial Performance - Fourth quarter net income was $34.5 million, with diluted earnings per share of $0.76, while full year net income reached $130.1 million, up 7.7% from the previous year[1]. - Net interest income for the fourth quarter was $101.3 million, an increase of $1.4 million, or 1.4%, from the third quarter, and full year net interest income was $385.3 million, up $37.3 million, or 10.7%[4][7]. - Non-interest income for the fourth quarter was $15.7 million, a slight decrease of 0.6% from the previous quarter, while full year non-interest income was $60.9 million, an increase of 3.5% year-over-year[12][13]. - Net income for the three months ended December 31, 2025, was $34,521,000, down from $37,200,000 in the previous quarter, representing a decrease of 5%[43]. - Basic earnings per share for the three months ended December 31, 2025, was $0.77, compared to $0.82 in the previous quarter, reflecting a decline of 6%[43]. - Adjusted diluted earnings per common share for the year ended December 31, 2025, increased to $3.00 from $2.76 in 2024[45]. Interest Income and Margin - The tax-equivalent net interest margin for the fourth quarter was 4.36%, an increase of eight basis points from the previous quarter, and for the full year, it was 4.23%, up 25 basis points year-over-year[5][8]. - The net interest margin for Q4 2025 was 4.35%, up from 4.27% in Q3 2025 and 4.01% in Q4 2024[45]. - Total interest and dividend income for the year ended December 31, 2025, was $572,220,000, an increase from $565,929,000 in the previous year, reflecting a growth of 1%[43]. - Net interest income after provision for credit losses was $91,553,000 for the three months ended December 31, 2025, compared to $94,592,000 in the previous quarter, reflecting a decrease of 3%[43]. - The average yield on interest-earning assets was 6.21% for the quarter, compared to 6.33% in the same quarter last year, indicating a decrease of 0.12 percentage points[48]. Credit Losses and Provisions - Provision for credit losses for the fourth quarter was $9.7 million, an increase of $4.4 million from the third quarter, and for the full year, it was $36.1 million, up $9.1 million compared to the prior year[10][11]. - Provision for credit losses increased to $9,702,000 for the three months ended December 31, 2025, from $5,298,000 in the previous quarter, indicating a rise of 83%[43]. - The allowance for credit losses was $108.8 million as of December 31, 2025, an increase of 2.9% from the previous quarter and an increase of 11.1% from the previous year[24]. Assets and Equity - Total assets as of December 31, 2025, were $9.7 billion, a decrease of 1.6% from the previous quarter, but an increase of 1.6% compared to the previous year[22]. - Total stockholders' equity rose to $1.3 billion at December 31, 2025, an increase of $30.2 million, or 2.4%, from September 30, 2025, and up $176.4 million, or 16.2%, from December 31, 2024[31]. - Total stockholders' equity increased to $1,290.78 million, up from $1,094.02 million year-over-year, reflecting a growth of 17.96%[48]. Non-Performing Assets - Non-performing assets increased to $74.7 million, or 0.77% of total assets, as of December 31, 2025, up from $67.4 million, or 0.69% at September 30, 2025[27]. - Total non-performing loans and leases increased to $71,290 thousand, a rise of 12.9% from $63,158 thousand in the previous quarter[54]. - The allowance for credit losses as a percentage of non-performing loans and leases was 152.66%, down from 167.38% in the previous quarter[54]. Dividends and Share Repurchase - The Board declared a cash dividend of $0.12 per share, representing a 20.0% increase from the previous dividend of $0.10 per share[3]. - The company purchased 345,706 shares of common stock at an average price of $28.21 during Q4 2025 and 922,729 shares at an average price of $25.72 for the year[32]. Operational Efficiency - The efficiency ratio improved to 50.32% for the fourth quarter, compared to 51.00% for the third quarter, and for the full year, it was 51.83%, an improvement of 62 basis points year-over-year[17][19]. - Adjusted efficiency ratio for Q4 2025 improved to 50.15%, down from 50.27% in Q3 2025 and 53.37% in Q4 2024, indicating better cost management[58]. Future Outlook - The company plans to host a conference call on January 23, 2026, to discuss quarterly financial results[33].

CHICAGO--(BUSINESS WIRE)--Byline Bancorp, Inc. (NYSE: BY), today reported: Â Â Â Â At or for the quarter Full Year Highlights (compared to prior year) 4Q25 3Q25 4Q24 Â Financial Results ($ in thousands) • Delivered solid full year 2025 results reflecting record revenues of $446.3 million Net interest income $ 101,255 $ 99,890 $ 88,524 Non-interest income 15,750 15,845 16,149 Total revenue(1) 117,005 115,735 Â 104,673 • Net i. ...