BY

MKT CAP:$2B

Byline Bancorp, Inc.

Market Cap

$2B

Financial Services·Banks - Regional·🇺🇸 United States·NYSE

Financials·Banks - Regional·🇺🇸·NYSE

Stock Price

$33.09+$4.05 (+13.95%)

Apr 22, 2026

Company Details

Byline Bancorp, Inc. operates as the bank holding company for Byline Bank that provides various banking products and services for small and medium sized businesses, commercial real estate and financial sponsors, and consumers in the United ...

CEO

Roberto R. Herencia

IPO Date

Jun 30, 2017

Website

www.bylinebancorp.com

Key Metrics TTM

Revenue

$622M

+0.8% YoY

Net Income

$139M

EPS (Diluted)

$3.08

Free Cash Flow

$136M

Revenue / Share

—

Gross Margin

51.9%

Operating Margin

23.4%

Net Margin

22.4%

FCF Margin

21.9%

P/S

2.4x

P/E

10.8x

Earnings Reports

Q1 2026

Apr 23, 2026

NEW

$142M-4.8%EPS $0.83

FY 2025

Feb 27, 2026

$629M+1.3%EPS $2.89

Q4 2025

Feb 27, 2026

$160M+3.6%EPS $0.76

Q3 2025

Nov 7, 2025

$163M+1.6%EPS $0.82

Q2 2025

Aug 7, 2025

$158M+2.9%EPS $0.67

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 22	$80M	$69M	$26M
Q3 22	$91M	$76M	$31M
Q4 22	$104M	$78M	$29M
Q1 23	$114M	$80M	$32M
Q2 23	$121M	$84M	$35M
Q3 23	$148M	$95M	$38M
Q4 23	$149M	$93M	$40M
Q1 24	$153M	$94M	$41M
Q2 24	$154M	$93M	$40M
Q3 24	$160M	$94M	$40M
Q4 24	$154M	$96M	$40M
Q1 25	$149M	$93M	$37M
Q2 25	$158M	$98M	$39M
Q3 25	$163M	$109M	$50M
Q4 25	$160M	$117M	$57M
Q1 26	$142M	$0	$0

Valuation

Quarter	P/S	P/E
Q2 22	4.7x	17.7x
Q3 22	4.5x	18.3x
Q4 22	4.2x	17.1x
Q1 23	3.9x	16.8x
Q2 23	3.5x	15.8x
Q3 23	3.1x	14.9x
Q4 23	2.8x	14.0x
Q1 24	2.6x	13.2x
Q2 24	2.5x	12.8x
Q3 24	2.4x	12.5x
Q4 24	2.4x	12.5x
Q1 25	2.4x	12.7x
Q2 25	2.4x	12.6x
Q3 25	2.4x	12.0x
Q4 25	2.4x	11.6x
Q1 26	2.4x	10.8x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$93M	$92M
Q2 22	$60M	$58M
Q3 22	$33M	$32M
Q4 22	$35M	$34M
Q1 23	$49M	$49M
Q2 23	$43M	$42M
Q3 23	$79M	$77M
Q4 23	-$5M	-$6M
Q1 24	$62M	$62M
Q2 24	$40M	$39M
Q3 24	$20M	$19M
Q4 24	$53M	$51M
Q1 25	$27M	$25M
Q2 25	$16M	$15M
Q3 25	$38M	$38M
Q4 25	$59M	$58M

Capital Expenditures

Quarter	CapEx
Q1 22	$926.0K
Q2 22	$2M
Q3 22	$656.0K
Q4 22	$304.0K
Q1 23	$281.0K
Q2 23	$1M
Q3 23	$1M
Q4 23	$1M
Q1 24	$512.0K
Q2 24	$731.0K
Q3 24	$649.0K
Q4 24	$2M
Q1 25	$2M
Q2 25	$1M
Q3 25	$381.0K
Q4 25	$516.0K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 22	-1.0%	+26.6%
Q3 22	+13.8%	+31.0%
Q4 22	+27.5%	+27.4%
Q1 23	+39.2%	+53.5%
Q2 23	+51.7%	+59.7%
Q3 23	+62.5%	+81.4%
Q4 23	+44.1%	+47.4%
Q1 24	+34.1%	+37.3%
Q2 24	+27.3%	+33.0%
Q3 24	+8.1%	+9.2%
Q4 24	+3.4%	+4.3%
Q1 25	-2.8%	-1.1%
Q2 25	+2.9%	+4.9%
Q3 25	+1.6%	-6.1%
Q4 25	+3.6%	-9.4%
Q1 26	-4.8%	+27.2%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$1M	1.5%
Q2 22	$2M	2.0%
Q3 22	$1M	1.3%
Q4 22	$1M	1.3%
Q1 23	$2M	1.3%
Q2 23	$2M	1.4%
Q3 23	$2M	1.2%
Q4 23	$2M	1.2%
Q1 24	$2M	1.2%
Q2 24	$2M	1.2%
Q3 24	$2M	1.2%
Q4 24	$2M	1.5%
Q1 25	$2M	1.3%
Q2 25	$2M	1.5%
Q3 25	$2M	1.4%
Q4 25	$3M	1.6%

OpEx Breakdown

Quarter	G&A	S&M
Q2 22	$28M	—
Q3 22	$30M	—
Q4 22	$35M	—
Q1 23	$30M	—
Q2 23	$30M	—
Q3 23	$35M	—
Q4 23	$36M	—
Q1 24	$34M	—
Q2 24	$34M	—
Q3 24	$35M	—
Q4 24	$37M	$5M
Q1 25	$36M	—
Q2 25	$5M	—
Q3 25	$37M	—
Q4 25	$54M	—
Q1 26	$3M	—

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 22	$142M	$1.3B	$1.4B
Q3 22	$216M	$1.2B	$1.4B
Q4 22	$179M	$1.2B	$1.4B
Q1 23	$284M	$1.2B	$1.4B
Q2 23	$320M	$1.1B	$1.4B
Q3 23	$429M	$1.2B	$1.7B
Q4 23	$226M	$1.3B	$1.6B
Q1 24	$637M	$1.4B	$2.0B
Q2 24	$730M	$1.4B	$2.1B
Q3 24	$453M	$1.5B	$2.0B
Q4 24	$563M	$1.2B	$1.7B
Q1 25	$421M	$1.3B	$1.7B
Q2 25	$218M	$35M	$253M
Q3 25	$259M	$1.2B	$1.5B
Q4 25	$60M	$1.4B	$1.5B
Q1 26	$62M	$1.7B	$1.7B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 22	38M	-1.1%	-2.8%
Q3 22	37M	-0.6%	-1.7%
Q4 22	37M	-0.0%	-1.7%
Q1 23	38M	+0.5%	-1.3%
Q2 23	37M	-0.5%	-0.7%
Q3 23	43M	+16.4%	+16.3%
Q4 23	44M	+0.2%	+16.5%
Q1 24	44M	+0.4%	+16.5%
Q2 24	44M	+0.0%	+17.2%
Q3 24	44M	+0.5%	+1.2%
Q4 24	44M	+0.5%	+1.5%
Q1 25	44M	+0.2%	+1.3%
Q2 25	44M	0.0%	+1.3%
Q3 25	45M	+2.4%	+3.2%
Q4 25	45M	+0.1%	+2.8%
Q1 26	0	-100.0%	-100.0%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 22	$82.1K	970
Q3 22	$93.9K	970
Q4 22	$106.1K	977
Q1 23	$117.0K	977
Q2 23	$123.6K	977
Q3 23	$151.5K	977
Q4 23	$141.6K	1K
Q1 24	$145.2K	1K
Q2 24	$145.7K	1K
Q3 24	$151.7K	1K
Q4 24	$150.4K	1K
Q1 25	$144.9K	1K
Q2 25	$154.0K	1K
Q3 25	$158.3K	1K
Q4 25	$155.7K	1K
Q1 26	$137.9K	1K

Revenue / Employee