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Byline Bancorp Inc (BY)
NYSE:BY
Earnings Data
Report Date
Jul 24, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.67Last Year’s EPS
0.68Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Apr 24, 2025
|% Change Since: 3.64%
|Next Earnings Date:Jul 24, 2025
Earnings Call Sentiment|Positive
The earnings call for Byline Bancorp highlighted strong financial performance, successful integration of a recent acquisition, and recognition from prestigious entities. However, it also noted challenges such as an uncertain economic environment and changes in personnel. While there are pressures on the SBA business, the company remains optimistic about future growth and stability.Company Guidance
In the first quarter of 2025, Byline Bancorp reported strong financial performance, with a net income of $28.2 million, translating to $0.64 per diluted share. The company's pre-tax pre-provision income was $47.3 million, maintaining a consistent pre-tax pre-provision ROA of 209 basis points for the tenth consecutive quarter. The net interest margin expanded to 407 basis points, supported by a decrease in the cost of interest-bearing liabilities. Total revenue reached $103 million, representing a 2% increase year-over-year. Loan originations were robust at $310 million, while the deposit base grew by 5.1% on a linked-quarter annualized basis. Asset quality improved, with non-performing loans decreasing to 76 basis points of total loans, and the allowance for credit losses remained at a strong 1.43%. Capital levels were healthy, with a CET1 ratio nearing 12%, and the company received a credit rating upgrade from Kroll. The acquisition of First Security was completed, and its integration was successful, setting the stage for solid performance in the subsequent quarters.Strong Financial Performance
Byline Bancorp reported net income of $28.2 million or $0.64 per diluted share. Pre-tax pre-provision income was $47.3 million, marking the 10th consecutive quarter where this metric exceeded 200 basis points.
Loan and Deposit Growth
The company experienced excellent growth in both loans and deposits, which were up 8% and 5.1% respectively on a linked-quarter annualized basis.
Credit Rating Upgrade
Byline Bancorp's credit ratings were upgraded by Kroll, making it the only bank in its industry to receive an upgrade in the past 12 months.
Recognition and Awards
Byline was named one of America’s 100 Best Banks by Forbes and one of the Best Regional Banks by Newsweek.
Successful Integration of First Security
The transaction with First Security was closed and integrated within 207 days, setting up for a full quarter of results in the second quarter.
BY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
BY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 24, 2025 | $25.56 | $25.51 | -0.20% |
Jan 23, 2025 | $28.13 | $28.95 | +2.92% |
Oct 24, 2024 | $26.26 | $26.58 | +1.22% |
Jul 25, 2024 | $28.31 | $28.71 | +1.41% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Byline Bancorp Inc (BY) report earnings?
Byline Bancorp Inc (BY) is schdueled to report earning on Jul 24, 2025, TBA Not Confirmed.
What is Byline Bancorp Inc (BY) earnings time?
Byline Bancorp Inc (BY) earnings time is at Jul 24, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BY EPS forecast?
BY EPS forecast for the fiscal quarter 2025 (Q2) is 0.67.