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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 States. It offers various retail deposit products, including non-interest-bearing accounts, money market demand accounts, savings accounts, interest-bearing checking accounts, and time deposits; ATM and debit cards; and online, mobile, and text banking services, as well as commercial deposits. The company also provides term loans, revolving lines of credit, and construction financing services; senior secured financing solutions to private equity backed lower middle market companies; small business administration and the United States department of agriculture loans; and treasury management products and services, such as treasury services, information reporting, fraud management, cash collection, and interest rate derivative products. In addition, it offers financing solutions for equipment vendors and their end users; syndication services; and investment, trust, and wealth management services, including fiduciary and executor services, financial planning solutions, investment advisory services, and private banking services for foundations and endowments, and high net worth individuals. The company was formerly known as Metropolitan Bank Group, Inc. and changed its name to Byline Bancorp, Inc. in 2015. Byline Bancorp, Inc. was founded in 1914 and is headquartered in Chicago, Illinois.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $442M | - | $130M | $136M | 10.3% | 9.4% | 7.7% |
| 2024 | $404M | - | $121M | $171M | 11.1% | 5.2% | 11.9% |
| 2023 | $384M | - | $108M | $162M | 10.9% | 19.8% | 22.7% |
| 2022 | $320M | - | $88M | $217M | 11.5% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 320.23 | 383.62 | 403.54 | 441.51 |
| Pretax Income | 114.68 | 145.68 | 161.08 | 173.25 |
| Tax Provision | 26.73 | 37.80 | 40.32 | 43.20 |
| Net Income | 87.95 | 107.88 | 120.76 | 130.05 |
| Net Income Common Stockholders | 87.76 | 107.88 | 120.76 | 130.05 |
| Interest Expense | 36.23 | 148.86 | 217.88 | 186.87 |
| Interest Income | 301.56 | 479.48 | 565.93 | 572.22 |
| Selling General And Administration | 120.88 | 130.78 | 145.10 | 156.02 |
| Normalized Income | 88.78 | 109.65 | 121.18 | 131.06 |
| Basic EPS | 2.37 | 2.69 | 2.78 | 0 |
| Diluted EPS | 2.34 | 2.67 | 2.75 | 0 |
| Tax Effect Of Unusual Items | -0.25 | -0.62 | -0.14 | -0.33 |
| Tax Rate For Calcs | 0.23 | 0.26 | 0.25 | 0.25 |
| Total Unusual Items | -1.08 | -2.38 | -0.57 | -1.34 |
| Total Unusual Items Excluding Goodwill | -1.08 | -2.38 | -0.57 | -1.34 |
| Net Income From Continuing Operation Net Minority Interest | 87.95 | 107.88 | 120.76 | 130.05 |
| Reconciled Depreciation | 4.29 | 4.53 | 5.03 | 4.55 |
| Net Interest Income | 265.33 | 330.62 | 348.05 | 385.35 |
| Net Income From Continuing And Discontinued Operation | 87.95 | 107.88 | 120.76 | 130.05 |
| Diluted Average Shares | 37.48 | 40.45 | 43.85 | 0 |
| Basic Average Shares | 36.97 | 40.05 | 43.45 | 0 |
| Diluted NI Availto Com Stockholders | 87.76 | 107.88 | 120.76 | 130.05 |
| Preferred Stock Dividends | 0.20 | 0 | 0 | 0 |
| Net Income Including Noncontrolling Interests | 87.95 | 107.88 | 120.76 | 130.05 |
| Net Income Continuous Operations | 87.95 | 107.88 | 120.76 | 130.05 |
| Special Income Charges | -0.37 | -2 | 0 | -0.20 |
| Write Off | 0.37 | 2 | 0 | 0.20 |
| Gain On Sale Of Security | -0.55 | 1.07 | 0.42 | 0.77 |
| Depreciation Amortization Depletion Income Statement | 6.67 | 6.01 | 5.38 | 5.61 |
| Depreciation And Amortization In Income Statement | 6.67 | 6.01 | 5.38 | 5.61 |
| Amortization | 6.67 | 6.01 | 5.38 | 5.61 |
| Amortization Of Intangibles Income Statement | 6.67 | 6.01 | 5.38 | 5.61 |
| Selling And Marketing Expense | 2.83 | 3.80 | 4.98 | 5.64 |
| General And Administrative Expense | 118.05 | 126.98 | 140.12 | 150.38 |
| Other Gand A | 0 | 0 | 0 | 0 |
| Salaries And Wages | 118.05 | 126.98 | 140.12 | 150.38 |
| Operating Revenue | 320.23 | 383.62 | 403.54 | 441.51 |
| Occupancy And Equipment | 16.99 | 18.51 | 18.70 | 18.26 |
| Professional Expense And Contract Services Expense | 10.36 | 12.95 | 13.43 | 16.06 |
| Other Non Interest Expense | 26.40 | 36.04 | 32.81 | 36.01 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Byline Bancorp, Inc.this co. | BY | $1.5B | 10.52↓ discount | 1.15 | 10.3% | - |
| FirstSun Capital Bancorp | FSUN | $1.6B | 10.44 | 0.86 | 8.5% | - |
| Lakeland Financial Corporation | LKFN | $1.5B | 15.05 | 2.04 | 13.6% | - |
| QCR Holdings, Inc. | QCRH | $1.5B | 11.36 | 1.36 | 11.4% | - |
| Exzeo Group, Inc. | XZO | $1.5B | 16.44 |
| 5.82 |
| 32.6% |
| 10.44 |
| Republic Bancorp, Inc. | RBCAA | $1.5B | 11.57 | 1.33 | 11.9% | - |
| ConnectOne Bancorp, Inc. | CNOB | $1.5B | 15.61 | 0.98 | 5.1% | - |
| Origin Bancorp, Inc. | OBK | $1.4B | 18.18 | 1.15 | 6.0% | - |
| Westamerica Bancorporation | WABC | $1.4B | 11.19 | 1.39 | 12.4% | - |
| Peer Median | - | 13.31 | 1.34 | 11.7% | 10.44 | |