EarningsQ2 2026 Earnings Report
MX:BY Q2 2026 EPS Results
Actual EPS$16.47
Consensus EPS$14.26
Beat/MissBeat by +$2.21
One Year Ago EPS$13.57
MX:BY Q2 2026 Revenue Results
Actual Revenue$2.89B
Expected Revenue$2.10B
Beat/MissBeat by +$796.79M
YoY Revenue Growth+1.22%
Earnings Announcement Details
QuarterQ2 2026
Date07/23/2026
TimeAfter Close
Conference CallThursday, July 23, 2026
MX:BY Upcoming Earnings
Byline Bancorp's next earnings date is estimated for October 22, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
MX:BY Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a predominantly positive tone driven by record earnings, improved profitability and efficiency, strong capital metrics, shareholder-friendly actions (dividend increase and buybacks), and favorable credit trends. Challenges were acknowledged — modest margin pressure, elevated deposit competition, payoff volatility affecting near-term loan growth, and higher expense guidance in H2 — but management framed these as manageable within a disciplined strategy emphasizing capital flexibility and selective growth. Overall the highlights materially outweigh the lowlights.Company Guidance
Record Net Income and EPS Growth
Net income of $40.2 million ( $0.90 diluted) for Q2, up from $37.6 million ($0.83) in the prior quarter. Adjusted EPS of $0.91, up 10% linked-quarter and 21% year-over-year.
Improved Profitability Metrics
Return on average assets (ROA) of 1.63% (up 7 bps q/q), return on tangible common equity just under 14.5% (up ~70 bps q/q), and pretax ROA of 2.49% (up 20 bps q/q; 15th consecutive quarter >2%).
Revenue Growth and Positive Operating Leverage
Total revenue of $118 million, up 4.7% quarter-over-quarter. Net interest income grew to $101 million, and noninterest income increased to $17 million (up $4.3 million or 35% q/q).
Efficiency and Expense Discipline
Noninterest expense declined to $56.5 million (down 1.2% q/q) and adjusted efficiency ratio improved 85 bps to 46.5% (from 49.8%), the best efficiency since becoming public.
Loan and Deposit Growth
Total loans ended at $7.6 billion, up 4.2% annualized in the quarter with $234 million in originations; total deposits were $7.9 billion, up 3.5% annualized. Loan-to-deposit ratio ended at 96% (up 16 bps q/q).
Strong Capital Position and Shareholder Returns
Tangible common equity ~11.4% and CET1 ~12.9%-13.0%; tangible book value per share $24.48, up 14% year-over-year. Repurchased ~275k shares for $9.1 million and the Board approved a 16.7% increase in the quarterly dividend to $0.14. Total payout ratio was 36% for the quarter.
Credit Quality Trends Favorable
Net charge-offs of $4.4 million (24 bps, down from 32 bps q/q). Criticized loans declined to 3.9% of total loans (from 4.5% q/q). Nonperforming loans $69.1 million (92 bps), essentially flat year-over-year. Allowance for credit losses $112 million (1.48% of loans, up 2 bps q/q).
Business & Operational Achievements
Wealth Management surpassed $1 billion in assets under administration. Recognized as one of the 26 Best Workplaces in Illinois (third consecutive year) and named Illinois SBA 7(a) Lender of the Year for the 17th consecutive year (also SBA export lender recognition).
MX: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