10-K · February 27, 2026
Byline positions itself as the pre-eminent commercial bank in the Chicago market, pursuing organic growth and tuck-in acquisitions (completed First Security Bancorp on April 1, 2025) while emphasizing product…
Earnings analysis · 10-Q
BY earnings analysis
Filed May 1, 2026 · Our reading of the company's report
The latest report
Byline Bancorp reported a solid performance in Q1 2026, with diluted EPS of $0.83, exceeding consensus estimates of $0.75, while total revenue of $112.4 million fell short of the $114.2 million estimate. Notable growth…
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Byline Bancorp reported a solid performance in Q1 2026, with diluted EPS of $0.83, exceeding consensus estimates of $0.75, while total revenue of $112.4 million fell short of the $114.2 million estimate. Notable growth in net interest income and a decrease in provisions for credit losses were significant contributors to the positive EPS surprise. However, management highlighted challenges in the non-interest income segment and continues to face macroeconomic pressures.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.83
What stood out
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EPS Exceeds Consensus
Diluted EPS for Q1 2026 was reported at $0.83, beating consensus estimates of $0.75 by 10.7%.
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Strong Net Interest Income Growth
Net interest income increased by $11.6 million or 13.2% to $99.9 million compared to $88.2 million in Q1 2025.
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Lower Provisions for Credit Losses
Provision for credit losses decreased from $9.2 million in Q1 2025 to $5.5 million in Q1 2026, reflecting improved credit conditions.
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Improved Efficiency Ratio
Efficiency ratio improved to 49.78% in Q1 2026 from 53.66% in Q1 2025, driven by increased net interest income.
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Cash Dividend Increased
Dividends declared increased to $5.4 million in Q1 2026, up from $4.4 million in Q1 2025.
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Reduction in Non-Performing Assets
Non-performing assets decreased to $70.2 million in Q1 2026 from $74.7 million in Q4 2025.
What to watch
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Decline in Non-Interest Income
Non-interest income decreased by $2.3 million, or 15.6%, to $12.5 million in Q1 2026 due to a reduction in various service fees.
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Increase in Non-Performing Loans Ratio
Non-performing loans and leases as a percentage of total loans increased to 0.90% from 0.76% as of December 31, 2025.
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Interest Rate Risks
The company noted potential risks due to market interest rate volatility impacting net interest income.
Management's outlook
No explicit numeric forward guidance provided; management anticipates maintaining earnings momentum amid macro challenges.
Earlier filings 4
10-Q · November 7, 2025
Byline reported a stronger quarter (three months ended Sept 30, 2025) with total revenue of $115,735,000 and diluted EPS of $0.82, both up versus the year-ago quarter. Net interest income and loan balances increased…
10-Q · November 1, 2024
Byline Bancorp reported net income of $30,328,000 and diluted EPS of $0.69 for the three months ended September 30, 2024, beating the consensus EPS of $0.65. Total revenue (net interest income plus non‑interest income)…
10-Q · May 3, 2024
Byline reported quarterly revenue (net interest income + non-interest income) of $101,014,000, up ~11.2% year-over-year from $90,863,000, and diluted EPS of $0.70 vs $0.64 a year ago. Net income rose to $30,440,000 (Q1…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.