BY

Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. Byline Bancorp has delivered a 92.8% share price gain over the past three years, yet its current valuation signals are mixed. The intrinsic value estimate from the Excess Returns model points to the stock trading at a discount to that estimate, while market based multiples suggest the share price is roughly in line with peers. Byline Bancorp is up 92.8% over three years, which puts extra focus on whether the current price already reflects much of that progress. Expectations for the bank to keep generating solid returns on equity may support the current valuation. However, any hit to credit quality or loan losses could quickly weigh on what investors are willing to pay. The company scores 4 out of 6 on our valuation checks, which points to a mixed picture rather than a clear bargain or clear overvaluation for Byline Bancorp. The issue now is whether Byline Bancorp's recent share price strength still leaves enough upside relative to its intrinsic value estimate to interest new investors. Byline Bancorp delivered 44.8% returns over the last year. See how this stacks up to the rest of the Banks industry. The Excess Returns model estimates what Byline Bancorp can earn above its cost of equity over time. For Byline Bancorp, the inputs point to a bank that is expected to earn more on its equity base than investors are assumed to require. The model uses a Book Value of $28.86 per share and a Stable EPS estimate of $3.47 per share, based on future return on equity estimates from 5 analysts. Against a Cost of Equity of $2.28 per share, this implies an Excess Return of $1.19 per share and an Average Return on Equity of 11.00%. The Stable Book Value is set at $31.56 per share, using book value estimates from 6 analysts, which supports a higher equity base earning those excess returns over time. When these inputs are projected forward, the Excess Returns valuation points to an intrinsic value of $65.21 per share. Compared with the current share price, this implies a 39.8% discount, so the model suggests Byline Bancorp is trading below the value implied by its expected returns on equity. On this Excess Returns view, Byline Bancorp stock screens as undervalued relative to its estimated intrinsic value. Our Excess Returns analysis suggests Byline Bancorp is undervalued by 39.8%. Track this in your watchlist or portfolio, or discover 49 more high quality undervalued stocks. Head to the Valuation section of our Company Report for more details on how we arrive at this Fair Value for Byline Bancorp. P/E is usually one of the clearest ways to compare a bank like Byline Bancorp with its listed peers. It ties the share price directly to the earnings that support dividends and capital growth. Byline Bancorp currently trades on a P/E of 11.9x, compared with an industry average of 12.1x for Banks and a peer group average of 15.4x. The Fair P/E Ratio for the company is estimated at 10.9x, which is slightly below the current multiple and suggests the market price is close to what this framework would expect given its profile. The gap between Byline Bancorp’s actual P/E and this fair ratio is modest, and the stock does not screen as meaningfully cheap or expensive relative to either the industry or the more tailored fair multiple. On the P/E multiple, Byline Bancorp appears to be priced at roughly a fair level relative to both its peers and the modelled fair ratio. See what the numbers say about this price — find out in our valuation breakdown. Simply Wall St Narratives pick up where the valuation picture for Byline Bancorp leaves off. They outline which assumptions about Byline Bancorp's growth, margins and earnings would need to hold for the stock to be worth materially more or less than today's price. Each narrative links a fair value estimate to a specific mix of potential catalysts and risks, so you can see over time which story seems to be unfolding on the Community page. You can add your voice to the Simply Wall St community by sharing a Narrative on Byline Bancorp's stock and the kind of returns, margins and execution you think could support today's valuation. Set out your number driven case now and track how it holds up as new results and information come through. Do you think there's more to the story for Byline Bancorp? Head over to our Community to see what others are saying! For Byline Bancorp, the Excess Returns intrinsic value estimate points to a clear discount, while the P/E view suggests the stock is priced at about the right level compared with peers. That mix reflects a broadly mixed valuation picture rather than a clear signal in either direction. The key issue is whether Byline Bancorp can keep earning returns on equity that support the intrinsic value estimate without a material setback in credit quality or loan losses. The outcome of that dynamic is likely to determine whether today’s apparent discount represents an opportunity or simply compensation for those risks. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include BY. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

Byline Bancorp’s 17.2% return over the past six months has outpaced the S&P 500 by 6.3%, and its stock price has climbed to $39.29 per share. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move. Is now the time to buy Byline Bancorp, or should you be careful about including it in your portfolio? See what our analysts have to say in our full research report, it’s free. We’re glad investors have benefited from the price increase, but we’re cautious about Byline Bancorp. Here are three reasons why BY doesn’t excite us, plus one stock we’d rather own. Net interest income and fee-based revenue are the two pillars supporting bank earnings. The former captures profit from the gap between lending rates and deposit costs, while the latter encompasses charges for banking services, credit products, wealth management, and trading activities. Regrettably, Byline Bancorp’s revenue grew at a mediocre 9% compounded annual growth rate over the last five years. This was below our standard for the banking sector. Forecasted net interest income by Wall Street analysts signals a company’s potential. Predictions may not always be accurate, but accelerating growth typically boosts valuation multiples and stock prices while slowing growth does the opposite. Over the next 12 months, sell-side analysts expect Byline Bancorp’s net interest income to rise by 2%, a deceleration versus its 7% annualized growth for the past two years. This projection is below its 7% annualized growth rate for the past two years. Although long-term earnings trends give us the big picture, we like to analyze EPS over a shorter period to see if we are missing a change in the business. Byline Bancorp’s unimpressive 7.5% annual EPS growth over the last two years aligns with its revenue trend. This tells us it maintained its per-share profitability as it expanded. Byline Bancorp isn’t a terrible business, but it doesn’t pass our bar. With its shares beating the market recently, the stock trades at 1.3× forward P/B (or $39.29 per share). This valuation multiple is fair, but we don’t have much faith in the company. We’re fairly confident there are better investments elsewhere. Let us point you toward a top digital advertising platform riding the creator economy. ONE MORE THING: Top 5 Growth Stocks. The biggest stock winners almost always had one thing in common before they ran. Revenue growing like crazy. Meta. CrowdStrike. Broadcom. Our AI flagged all three. They returned 315%, 314%, and 455%, respectively. Find out which 5 stocks it’s flagging this month — FREE. Get Our Top 5 Growth Stocks for Free HERE. Stocks that have made our list include now familiar names such as Nvidia (+1,460% between June 2020 and June 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+1,154% between June 2020 and June 2025). Find your next big winner with StockStory today.

Byline Bancorp delivered a second quarter that exceeded Wall Street expectations, with the market responding favorably to its strong performance. Management attributed the results to disciplined execution, including well-managed expenses and growth in both interest-bearing deposits and loans. President Alberto J. Paracchini highlighted, “Record net income and excellent profitability really stood out this quarter,” underscoring the effectiveness of Byline’s focus on operational efficiency and credit discipline. The quarter also benefited from improved noninterest income, particularly gains from fee-based businesses and wealth management. Is now the time to buy BY? Find out in our full research report (it’s free). Revenue: $117.7 million vs analyst estimates of $115.6 million (6.6% year-on-year growth, 1.8% beat) Adjusted EPS: $0.91 vs analyst estimates of $0.79 (15.4% beat) Market Capitalization: $1.77 billion While we enjoy listening to the management’s commentary, our favorite part of earnings calls is the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Nathan Race (Piper Sandler) asked about visibility into loan payoffs and production trends. President Alberto J. Paracchini explained that while origination activity remains healthy, payoff timing is unpredictable, making mid-single-digit loan growth guidance dependent on lower future payoff activity. Nathan Race (Piper Sandler) inquired about the higher expense outlook for the back half of the year. CFO Thomas J. Bell cited increased employee benefits and commissions as key drivers, with Paracchini adding that selective hiring opportunities are embedded in the existing guidance. Brendan Nosal (Hovde Group) questioned how Byline managed to improve criticized asset ratings and avoid meaningful credit losses. Chief Credit Officer Mark Fucinato described quick downgrades and successful resolutions, including recoveries on previously charged-off loans, as central to the quarter’s improvement. Brian Martin (Brean Capital) asked if the shift in business mix would lower charge-off rates over time. Paracchini agreed, noting that as SBA lending becomes a smaller portion of the portfolio, overall charge-offs should decline, though short-term guidance remains in the 30–40 basis point range. Daniel Tamayo (Raymond James) pressed for details on crossing the $10 billion asset threshold and margin sensitivity to rate changes. Paracchini explained that the threshold is not a near-term constraint, and Bell noted that Byline would benefit from a rate hike since deposit costs are already reflecting anticipated increases. In the coming quarters, the StockStory team will watch (1) the pace of loan and deposit growth as payoff activity stabilizes, (2) expense management effectiveness amid anticipated increases in employee costs and potential hiring, and (3) developments related to crossing the $10 billion asset threshold and potential M&A activity. The evolution of deposit pricing and credit quality trends will also be important signposts. Byline Bancorp currently trades at $39.17, up from $37.64 just before the earnings. Is there an opportunity in the stock? See for yourself in our full research report (it’s free for active Edge members). WHILE YOU’RE HERE: Top 9 Market-Beating Stocks. The best stocks don’t just beat the market once. They do it again. And again. Robust revenue growth, rising free cash flow, returns on capital that leave their competition in the dust. The market has already rewarded these businesses. But our AI platform says the party isn’t over. Find out which 9 stocks made the cut this week — FREE. Get Our Top 9 Market-Beating Stocks for Free HERE. Stocks that have made our list include now familiar names such as Nvidia (+1,460% between June 2020 and June 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+214% between June 2020 and June 2025). Find your next big winner with StockStory today.

This article first appeared on GuruFocus. Net Income: $40.2 million or $0.90 per diluted share, up from $37.6 million last quarter. Adjusted EPS: $0.91 per share, up 10% linked-quarter and 21% year-on-year. Return on Average Assets: 1.63%, up 7 basis points linked-quarter. Return on Common Equity: Just under 14.5%, up 70 basis points. Revenue: $118 million, up 4.7% against expenses. Efficiency Ratio: Improved by 85 basis points to just under 47%. Total Assets: $9.9 billion. Deposits: Increased 3.5% to $7.9 billion. Loans: Grew 4.2% to $7.6 billion. Net Interest Income: $101 million, with a margin of 4.28%. Credit Costs: $7.2 million, with net charge-offs of $4.4 million. Allowance for Credit Losses: Just under 1.5% of total loans. Tangible Common Equity: Increased to just under 11.5%. CET1: Increased to 13%. Tangible Book Value Per Share: Increased 14% year-on-year to $24.48. Share Repurchases: Approximately 275,000 shares totaling $9.1 million. Dividend Increase: 16.7% increase to $0.14 per share. Non-Interest Income: $17 million, up 35% compared to the first quarter. Non-Interest Expenses: $56.5 million, down 1.2% from the prior quarter. Warning! GuruFocus has detected 7 Warning Signs with BY. Is BY fairly valued? Test your thesis with our free DCF calculator. Release Date: July 24, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Byline Bancorp Inc (NYSE:BY) reported record net income of $40.2 million, or $0.90 per diluted share, marking a significant increase from the previous quarter. The company achieved a return on average assets of 1.63% and a return on annual common equity of just under 14.5%, indicating strong profitability. Byline Bancorp Inc (NYSE:BY) improved its efficiency ratio to just under 47%, marking the fourth consecutive quarter of improvement. Deposits increased by 3.5% to $7.9 billion, reflecting growth in interest-bearing deposits. The company was recognized as one of the 2026 best workplaces in Illinois for the third consecutive year, highlighting its strong corporate culture and employee satisfaction. Net interest margin declined slightly to 4.28% due to mix changes and higher funding costs. The company faces elevated competition for deposits, which could impact future growth and profitability. Loan payoffs were elevated at $339 million, which could affect future loan growth expectations. The operating environment remains challenging with higher interest rates and increased competition in commercial real estate. Non-performing loans were $69.1 million, or 92 basis points of total loans, showing a slight increase from the previous quarter. Q: Alberto, could you provide more insight into the visibility of loan payoffs in the second half of the year and how you expect production to trend? A: The timing of payoffs is usually uncertain. Our guidance for loan growth remains in the mid-single-digit range. While originations have been consistent, elevated payoff activity, particularly from recent acquisitions, has impacted growth. We believe we're past the bulk of elevated payoffs, but this remains a variable that can affect growth rates. We aim to drive growth funded by core deposits, maintaining a balance between loan growth and deposit growth. Q: Can you explain the expected increase in expenses for the second half of the year? A: The increase in expenses is primarily related to employee costs, including healthcare and higher commissions due to production. We also see opportunities in the market to add high-quality talent, which could impact expenses if we proceed with hiring additional bankers. Q: How are you managing excess capital, and what is your outlook on M&A and buybacks? A: We are actively looking at M&A opportunities, and the environment is constructive for such activities. If we don't execute on M&A, we will consider buybacks to return capital to shareholders. Our approach to capital allocation remains disciplined, focusing on long-term value creation. Q: Could you provide more details on the asset quality trends and the reduction in criticized assets this quarter? A: The reduction in criticized assets was driven by a few large deals that improved in performance and a significant resolution from a workout situation. We tend to downgrade credits quickly when weaknesses are identified, which helps us manage asset quality effectively. Q: Can you discuss the competitive environment for deposits and how it has evolved over the year? A: The competition for deposits remains elevated, particularly in commercial real estate, where larger institutions are returning to the market. In the C&I space, competition is always present as banks seek to fund loan growth with deposits. We remain disciplined in our pricing strategy, focusing on relationship deposits. For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Interested in Byline Bancorp, Inc.? Here are five stocks we like better. Byline Bancorp posted record second-quarter net income of $40.2 million, or $0.90 per diluted share, with adjusted EPS up 10% sequentially and 21% year over year. Revenue rose to $118 million and the adjusted efficiency ratio improved to 46.5%, the bank’s best result since going public. Credit performance remained solid, with net charge-offs declining to 24 basis points of loans and criticized loans falling to 3.9% of total loans. Management said near-term charge-offs should stay in the 30 to 40 basis point range, though it expects that could improve over time. The board raised the quarterly dividend by 16.7% to $0.14 per share, and the company continued buybacks while nearing the $10 billion asset threshold. Management also said it is evaluating acquisitions, but will balance them against organic growth and capital returns. Consumer-Driven Stocks Boost Buybacks, Including Visa's $20B Plan Byline Bancorp (NYSE:BY) reported record second-quarter net income of $40.2 million, or $0.90 per diluted share, as revenue increased and expenses declined from the prior quarter. Adjusted earnings per share were $0.91, up 10% sequentially and 21% from a year earlier, President Alberto Paracchini said during the company’s earnings call. The Chicago-based commercial bank posted a 1.63% return on average assets and a return on average common equity of just under 14.5%. Its pre-tax, pre-provision return on assets was 2.49%, marking the company’s 15th consecutive quarter above 2%, according to management. → Could Truth API Become Trump Media’s First Meaningful Revenue Driver? Could This Entertainment Stock be the Belle of the Gaming Ball? “We delivered net income of $40.2 million or $0.90 per diluted share,” Paracchini said. “Record net income and excellent profitability really stood out this quarter.” Revenue totaled $118 million, up 4.7% from the prior quarter, while non-interest expenses fell. The adjusted efficiency ratio improved to 46.5% from 49.8% in the first quarter, which Paracchini described as the company’s best result since becoming a public company in 2017. → GE Vernova Just Sent a Mixed AI Signal to Investors Boyd Gaming stock: All signs point to a significant break higher Net interest income was $101 million, up modestly from the preceding quarter. Net interest margin declined 5 basis points to 4.28%, primarily reflecting higher funding costs associated with a maturing balance-sheet hedge and changes in earning-asset mix, CFO Tom Bell said. Management emphasized that it prioritizes growth in net interest income dollars rather than managing to a particular margin target. Paracchini said the bank may accept lower spreads on high-quality, relationship-oriented business if it is accretive to earnings and supports long-term franchise value. → D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? For the third quarter, Byline projected net interest income of $100 million to $102 million, non-interest income of $14 million to $15 million, and gain-on-sale revenue averaging about $5.5 million per quarter. The company maintained its full-year non-interest expense outlook of $59 million to $60 million per quarter. Bell said second-half expenses are expected to rise due largely to employee-related costs, including health care benefits and commissions tied to production. Management also said potential opportunities to hire banking talent are included in its outlook. Total loans ended the quarter at $7.6 billion, increasing at a 4.2% annualized rate. New originations totaled $234 million, while payoffs were elevated at $339 million. Loan commitments rose slightly, and line utilization increased to 60% from 59% in the prior quarter. Management expects full-year loan growth in the mid-single digits if payoff activity normalizes in the second half. Paracchini said the recent elevated payoff activity partly reflects the bank’s effort to recycle acquired loan portfolios into new customer relationships. Total deposits reached $7.9 billion, rising at a 3.5% annualized rate. Growth in interest-bearing checking balances was partly offset by lower money-market balances. The loan-to-deposit ratio ended the quarter at 96%. Byline said competition for both loans and deposits remains elevated. Paracchini said price competition has intensified in commercial real estate, particularly as larger institutions return to certain segments of that market. He cited multifamily and industrial properties as areas where more capital is competing for a reduced level of transaction activity. Bell said the company remains focused on relationship deposits rather than more rate-sensitive funding. He added that commercial customers moving balances from money-market accounts to interest-bearing checking could indicate they anticipate uses for that capital. Credit costs were $7.2 million during the quarter, including $4.4 million of net charge-offs and a $2.8 million reserve build. Net charge-offs equaled 24 basis points of loans, down from 32 basis points in the first quarter. Criticized loans declined to 3.9% of total loans from 4.5% both sequentially and from a year earlier. Nonperforming loans totaled $69.1 million, or 92 basis points of total loans, up marginally from the prior quarter and flat year over year. The allowance for credit losses rose to $112 million, or 1.48% of total loans. Chief Credit Officer Mark Fucinato said the decline in criticized and classified loans reflected improved performance at several larger operating companies, as well as the resolution of a workout situation in which an operating company sold a mortgaged asset and repaid its exposure in full. The bank also recorded a recovery on a prior charge-off. Paracchini said management’s near-term expectation for net charge-offs remains in the range of 30 to 40 basis points, although he expects that level may migrate lower over time as the SBA portfolio becomes a smaller part of Byline’s overall balance sheet. Byline ended the quarter with total assets of $9.9 billion. Tangible common equity rose to 11.4%, while the common equity tier 1 ratio reached 12.9%. Tangible book value per share increased 14% from a year earlier to $24.48. During the quarter, the company repurchased about 275,000 shares for $9.1 million. Including dividends and buybacks, its total shareholder payout ratio was 36%. The board also approved a 16.7% increase in the quarterly dividend to $0.14 per share. Paracchini said the increase reflects the company’s capital position and earnings profile. Management said it continues preparing to cross the $10 billion asset threshold. Paracchini said the company is not currently constraining normal balance-sheet activity to stay below that level, but it could manage the balance sheet near year-end if doing so would delay the effects of the Durbin amendment until mid-2028. On acquisitions, Paracchini described the environment for smaller-bank transactions as constructive. He said Byline would generally seek deals with tangible book value earn-backs within three years, while continuing to weigh acquisitions against organic growth, investments in the business and share repurchases. Byline Bancorp, Inc is the bank holding company for Byline Bank, a full-service commercial bank headquartered in Chicago, Illinois. Established under its current name in 2016, the company operates as a community-focused financial institution offering a broad array of banking products and services to corporate, professional and consumer clients. On the commercial banking side, Byline Bancorp serves small and midsize businesses, real estate developers, professional services firms and nonprofit organizations. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "Byline Bancorp Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for July 2026.

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Record net income and a 1.63% ROA were driven by positive operating leverage, with revenue growth of 4.7% outpacing a decline in noninterest expenses. Management attributes the current performance to a 'relationship-driven' commercial banking model that prioritizes credit discipline and local decision-making over pursuing scale for its own sake. Loan growth of 4.2% annualized was supported by solid C&I demand, though overall growth was tempered by elevated payoff activity as the bank recycles acquired portfolios into new customer relationships. The efficiency ratio improved to 46.5%, the best since the company's 2017 IPO, reflecting a deliberate focus on operating efficiencies and expense management. Management noted a shift in the competitive landscape where larger institutions are returning to the commercial real estate market, particularly in multifamily and industrial sectors, following clarity on Basel III regulations. The bank maintains a 'higher for longer' interest rate outlook for the remainder of 2026, citing labor market strength and firm inflation as the primary drivers. Full-year loan growth is expected in the mid-single digits, assuming payoff activity from acquired portfolios normalizes in the second half of the year. Net interest income is projected to range between $100 million and $102 million for the third quarter, supported by asset repricing despite elevated competition for deposits. Management intends to remain disciplined on pricing rather than chasing volume, stating they will accept lower spreads only for high-quality, long-term relationship business that builds franchise value. The bank is actively preparing to cross the $10 billion asset threshold, a milestone that informs current strategic thinking regarding growth, expenses, and capital allocation. Capital allocation priorities include supporting organic loan growth and pursuing selective M&A, with share repurchases serving as a secondary tool for returning excess capital. A maturing balance sheet hedge contributed to a 5-basis point decline in net interest margin this quarter, though management views this as a transient impact. Noninterest expenses are expected to rise to a range of $59 million to $60 million per quarter in the second half of the year due to higher healthcare costs and production-related commissions. The SBA 7(a) lending business, while a consistent award-winner for the bank, is expected to become a smaller proportion of the total balance sheet over time, which may gradually lower overall charge-off levels. Management flagged the volatility of loan payoffs as the primary uncertainty in their growth forecast, noting that timing is difficult to predict accurately. One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here. Management explained that high payoffs are largely due to 'recycling' assets from recent acquisitions into core lending business. They expressed confidence in mid-single-digit growth as the bulk of this recycling is likely complete, though payoff timing remains a variable. The M&A market is described as 'constructive' with significant chatter, particularly for banks under $10 billion in assets. Byline targets an earn-back period within 3 years and reasonable book value dilution relative to earnings accretion for any potential transaction. The bank is not currently constraining growth to stay under the limit but noted they might manage the balance sheet at year-end to delay Durbin Amendment impacts if they are close to the threshold. Crossing the threshold would likely push the full impact of Durbin regulations out to mid-2028. Management believes they would benefit from a rate hike as assets would reprice higher while much of the tightening is already priced into the CD book. A 25-basis point rate increase is estimated to provide a $2.1 million benefit to net interest income.

For the quarter ended June 2026, Byline Bancorp (BY) reported revenue of $117.71 million, up 6.6% over the same period last year. EPS came in at $0.91, compared to $0.75 in the year-ago quarter. The reported revenue represents a surprise of +1.56% over the Zacks Consensus Estimate of $115.9 million. With the consensus EPS estimate being $0.79, the EPS surprise was +15.19%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Byline Bancorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Efficiency Ratio: 46.9% compared to the 50.2% average estimate based on three analysts. Net Interest Margin: 4.3% versus the three-analyst average estimate of 4.3%. Average Balance - Total interest-earning assets: $9.46 billion versus the two-analyst average estimate of $9.41 billion. Net charge-offs of loans and leases: 0.2% versus 0.4% estimated by two analysts on average. Net gains on sales of loans: $6.1 million versus the three-analyst average estimate of $5.57 million. Total Non-Interest Income: $16.88 million versus the three-analyst average estimate of $14.8 million. Net interest income, fully taxable equivalent: $101.01 million versus the two-analyst average estimate of $101.29 million. Fees and service charges on deposits: $2.85 million versus the two-analyst average estimate of $2.9 million. Wealth management and trust income: $1.27 million versus $1.3 million estimated by two analysts on average. ATM and interchange fees: $1.38 million compared to the $0.99 million average estimate based on two analysts. Net Interest Income: $100.84 million versus $101.04 million estimated by two analysts on average. View all Key Company Metrics for Byline Bancorp here>>> Shares of Byline Bancorp have returned +3.5% over the past month versus the Zacks S&P 500 composite's +0.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Byline Bancorp, Inc. (BY) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Byline Bancorp (BY) came out with quarterly earnings of $0.91 per share, beating the Zacks Consensus Estimate of $0.79 per share. This compares to earnings of $0.75 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +15.19%. A quarter ago, it was expected that this bank holding company would post earnings of $0.74 per share when it actually produced earnings of $0.83, delivering a surprise of +12.16%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Byline Bancorp, which belongs to the Zacks Banks - Northeast industry, posted revenues of $117.71 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 1.56%. This compares to year-ago revenues of $110.45 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Byline Bancorp shares have added about 29.5% since the beginning of the year versus the S&P 500's gain of 9.6%. While Byline Bancorp has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Byline Bancorp was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.83 on $118.2 million in revenues for the coming quarter and $3.28 on $466.47 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Banks - Northeast is currently in the top 37% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, Camden National (CAC), is yet to report results for the quarter ended June 2026. The results are expected to be released on July 28. This bank is expected to post quarterly earnings of $1.30 per share in its upcoming report, which represents a year-over-year change of +46.1%. The consensus EPS estimate for the quarter has been revised 0.4% lower over the last 30 days to the current level. Camden National's revenues are expected to be $66.4 million, up 6.6% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Byline Bancorp, Inc. (BY) : Free Stock Analysis Report Camden National Corporation (CAC) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Second quarter net income of $40.2 million, $0.90 diluted earnings per share CHICAGO, July 23, 2026--(BUSINESS WIRE)--Byline Bancorp, Inc. (NYSE: BY), today reported: Board Declares Cash Dividend of $0.14 per Share On July 21, 2026, the Company's Board of Directors declared a cash dividend of $0.14 per share, which represents a 16.7% increase from the previous quarterly dividend of $0.12 per share. The dividend will be paid on August 18, 2026, to stockholders of record of the Company's common stock as of August 4, 2026. STATEMENTS OF OPERATIONS HIGHLIGHTS Net Interest Income Net interest income for the second quarter of 2026 was $100.8 million, an increase of $973,000, or 1.0%, from the first quarter of 2026. The increase in net interest income was primarily due to one additional calendar day, partially offset by higher interest expense related to increased funding costs. Tax-equivalent net interest margin(1) for the second quarter of 2026 was 4.29%, a decrease of five basis points compared to the first quarter of 2026. The decrease primarily reflected modest compression in earning asset yields and higher funding costs. Net loan accretion income contributed 11 basis points to the net interest margin for the quarter. The average cost of total deposits was 1.92% for the second quarter of 2026, a modest increase of one basis point compared to the first quarter of 2026. Provision for Credit Losses The provision for credit losses was $7.2 million for the second quarter of 2026, an increase of $1.6 million, or 29.3%, compared to $5.5 million for the first quarter of 2026, mainly due to additional allocation on individually assessed loans and growth in the loan and lease portfolio. Non-interest Income Non-interest income for the second quarter of 2026 was $16.9 million, an increase of $4.3 million, or 34.6%, compared to $12.5 million for the first quarter of 2026. The increase in total non-interest income was principally driven by four factors: a $1.9 million favorable change in the fair value of equity securities, a $736,000 improvement in the fair value adjustment on loan servicing assets, $627,000 in higher net gains on sales of loans, and higher other non-interest income, primarily reflecting gains on sales of leased assets and swap fee income. Net gains on sales of loans totaled $6.1 million for the quarter, an increase of $627,000, or 11.5%, compared to the prior quarter. During the second quarter of 2026, we sold $78.1 million of U.S. government guaranteed loans compared to $71.8 million during the first quarter of 2026. Non-interest Expense Non-interest expense for the second quarter of 2026 was $56.5 million, a decrease of $710,000, or 1.2%, compared to $57.2 million for the first quarter of 2026. The decrease in non-interest expense was primarily driven by a $673,000 decline in net losses recognized on other real estate owned, a $589,000 decrease in salaries and employee benefits expense, and a $380,000 decrease in occupancy and equipment expense, partially offset by a $496,000 impairment charge related to a closed branch held for sale and higher other non-interest expense. Our efficiency ratio was 46.93%(1), and our adjusted efficiency ratio was 46.51%(1), each compared to 49.78%(1) for the first quarter of 2026, an improvement of 285 basis points and 327 basis points, respectively. The improvement in the efficiency ratio was driven by increased revenue and lower non-interest expense. Income Taxes We recorded income tax expense of $13.9 million during the second quarter of 2026, compared to $12.1 million during the first quarter of 2026. The effective tax rates were 25.7% and 24.4% for the second quarter of 2026 and first quarter of 2026, respectively. This increase was primarily driven by income tax benefits related to share-based compensation recorded in the prior quarter. STATEMENTS OF FINANCIAL CONDITION HIGHLIGHTS Assets Total assets were $9.9 billion as of June 30, 2026, an increase of $22.8 million, or 0.2%, compared to $9.9 billion at March 31, 2026. The increase was primarily driven by a $67.1 million increase to loans and leases held for investment, largely in originated commercial and industrial loans, partially offset by a decrease in securities available-for-sale of $39.4 million, mainly due to principal paydowns. Allowance for Credit Losses The ACL was $111.9 million as of June 30, 2026, an increase of $3.0 million, or 2.7%, from March 31, 2026, mainly due to an increased provision for credit losses on individually assessed loans and lower net charge-offs on loans and leases. Net loan and lease charge-offs during the second quarter of 2026 were $4.4 million, or 0.24% of average loans and leases on an annualized basis, a decrease of $1.5 million and eight basis points, compared to the first quarter of 2026. The decrease was primarily driven by higher recoveries compared to the prior quarter and lower charge-offs on government guaranteed loans. Asset Quality Non-performing assets were $72.2 million, or 0.73% of total assets, as of June 30, 2026, an increase of $2.1 million from March 31, 2026. The increase was primarily due to increased non-accrual loans and leases. The government guaranteed portion of non-performing loans included in non-performing assets was $8.1 million at June 30, 2026, compared to $7.7 million at March 31, 2026, an increase of $399,000. Deposits and Other Liabilities Total deposits increased $68.9 million, or 0.9% to $7.9 billion at June 30, 2026 from $7.8 billion as of March 31, 2026. The increase was primarily driven by growth in interest-bearing deposits. Total borrowings and other liabilities were $757.5 million at June 30, 2026, a decrease of $70.1 million from $827.6 million at March 31, 2026. The decrease for the quarter was primarily driven by lower FHLB advances. Stockholders’ Equity Total stockholders’ equity was $1.3 billion at June 30, 2026, an increase of $23.9 million, or 1.9%, from March 31, 2026, primarily due to net income of $40.2 million, partially offset by share repurchases, dividends declared, and an increase in accumulated other comprehensive loss related to available-for-sale securities. During the quarter ended June 30, 2026, we repurchased 274,528 shares of our common stock. Conference Call, Webcast and Slide Presentation We will host a conference call and webcast at 9:00 a.m. Central Time on Friday, July 24, 2026, to discuss our quarterly financial results. Analysts and investors may participate in the question-and-answer session. The call can be accessed via telephone at (833) 461-5787; Meeting ID: 439 867 942. A slide presentation relating to our second quarter 2026 results will be accessible prior to the conference call. The slide presentation and webcast of the conference call can be accessed on our investor relations website at www.bylinebancorp.com. About Byline Bancorp, Inc. Headquartered in Chicago, Byline Bancorp, Inc. is the parent company of Byline Bank, a full service commercial bank serving small- and medium-sized businesses, financial sponsors, and consumers. Byline Bank has approximately $9.9 billion in assets and operates 44 branch locations throughout the Chicago and Milwaukee metropolitan areas. Byline Bank offers a broad range of commercial and community banking products and services including small ticket equipment leasing solutions and is one of the top Small Business Administration lenders in the United States. 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’’, ‘‘should’’, ‘‘could’’, ‘‘predict’’, ‘‘potential’’, ‘‘believe’’, ‘‘expect’’, ‘‘continue’’, ‘‘will’’, ‘‘anticipate’’, ‘‘seek’’, ‘‘estimate’’, ‘‘intend’’, ‘‘plan’’, ‘‘projection’’, ‘‘would’’, ‘‘annualized’’, "target" and ‘‘outlook’’, or the negative version of those words or other comparable words or phrases of a future or forward-looking nature. Forward-looking statements involve estimates and known and unknown risks, and reflect various assumptions and involve elements of subjective judgment and analysis, which may or may not prove to be correct, and which are subject to uncertainties and contingencies outside the control of Byline and its respective affiliates, directors, employees and other representatives, which could cause actual results to differ materially from those presented in this communication. No representations, warranties or guarantees are or will be made by Byline as to the reliability, accuracy or completeness of any forward-looking statements contained in this communication or that such forward-looking statements are or will remain based on reasonable assumptions. You should not place undue reliance on any forward-looking statements contained in this communication. Certain risks and important factors that could affect Byline’s future results are identified in our Annual Report on Form 10-K and other reports we file with the Securities and Exchange Commission, including among other things under the heading "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2025. Any forward-looking statement speaks only as of the date on which it is made, and Byline undertakes no obligation to update any forward-looking statement, whether to reflect events or circumstances after the date on which the statement is made, to reflect new information or the occurrence of unanticipated events, or otherwise unless required under the federal securities laws. BYLINE BANCORP, INC. AND SUBSIDIARIESRECONCILIATION OF NON-GAAP FINANCIAL MEASURES (unaudited) Non-GAAP Financial Measures This release contains certain financial information determined by methods other than in accordance with accounting principles generally accepted in the United States of America ("GAAP"). These measures include adjusted net income, adjusted diluted earnings per share, adjusted non-interest expense, adjusted non-interest expense excluding amortization of intangible assets, adjusted efficiency ratio, adjusted non-interest expense to average assets, tax equivalent net interest income, tax-equivalent net interest margin, total revenue, non-interest income to total revenues, adjusted return on average stockholders’ equity, adjusted return on average assets, pre-tax pre-provision net income, adjusted pre-tax pre-provision net income, pre-tax pre-provision return on average assets, adjusted pre-tax pre-provision return on average assets, tangible common stockholders' equity, tangible assets, average tangible assets, tangible net income, adjusted tangible net income, tangible book value per common share, tangible common equity to tangible assets, return on average tangible common stockholders' equity, and adjusted return on average tangible common stockholders' equity. Management believes that these non-GAAP financial measures provide useful information to management and investors that is supplementary to the Company’s financial condition, results of operations and cash flows computed in accordance with GAAP; however, management acknowledges that our non-GAAP financial measures have a number of limitations. As such, these disclosures should not be viewed as a substitute for results determined in accordance with GAAP financial measures that we and other companies use. Management also uses these measures for peer comparison. See below in the financial schedules included in this press release for a reconciliation of the non-GAAP financial measures to the comparable GAAP financial measures. Additionally, please refer to the Company’s Annual Report on Form 10-K for the detailed definitions of these non-GAAP financial measures. View source version on businesswire.com: https://www.businesswire.com/news/home/20260723167988/en/ Contacts Investors / Media: Brooks O. RennieInvestor Relations Director(312) [email protected]