Byline Bancorp (BY) investor relations material

Executive summary

• Net income for Q1 2026 was $37.6 million, with diluted EPS of $0.83, up 8.9%–9.2% year-over-year and sequentially.

• ROAA reached 1.56% and ROTCE was 13.77%.

• Tangible book value per share increased to $23.79, up 13.8% year-over-year and 1.5% sequentially.

• Continued recognition for workplace excellence and top SBA 7 lender ranking in Illinois.

• Focused on disciplined execution, prudent growth, and resilient business model amid macroeconomic and geopolitical uncertainty.

Financial highlights

• Total revenues reached $112.4 million; net interest income was $99.9 million, down 1.4% sequentially but up 13% year-over-year.

• Non-interest income declined to $12.5 million, impacted by negative fair value marks and lower equity securities values.

• Non-interest expense decreased 5.3% to $57.2 million, driven by lower compensation and professional fees.

• Efficiency ratio improved to 49.78%, down 54 bps sequentially.

• Provision for credit losses dropped to $5.5 million, reflecting improved asset quality.

Outlook and guidance

• Expecting full-year loan growth in the mid-single digits, with strong pipelines across all business segments.

• Net interest income guidance for Q2 is $99–$101 million, assuming no rate changes in 2026.

• Non-interest income projected at $14–$15 million for Q2; gain on sale expected to average $5.5 million per quarter.

• Non-interest expense guidance unchanged at $58–$60 million per quarter for the year.

• KBRA affirmed BBB+ credit ratings and stable outlook.