Byline Bancorp Inc (BY)
NYSE:BY
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Earnings Data
Report Date
Jul 23, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.78Last Year’s EPS
0.75Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a largely positive operational and financial picture: strong profitability (ROA, ROTCE), robust deposit growth, improving efficiency, solid capital and tangible book value expansion, and constructive guidance for NII and noninterest income. Notable negatives were a quarter of fee volatility from fair value marks and one-offs, modest loan balance decline due to payoffs/runoff, and elevated net charge-offs that slightly exceeded provision. Management framed these negatives as manageable/transitory and emphasized disciplined capital deployment, stable asset quality and solid pipelines. Overall, the highlights materially outweigh the lowlights.Company Guidance
Strong Quarterly Earnings and EPS Growth
Net income of $37.6 million and diluted EPS of $0.83, representing growth of 8.9% and 9.2% (as reported) for the quarter.
Robust Profitability Metrics
ROA of 156 basis points (1.56%) and ROTCE of 13.7%; pretax pre-provision income of $55.2 million and a pretax provision margin of 229 basis points (2.29%) — the 14th consecutive quarter above 2%.
Net Interest Income and Margin Strength
Net interest income of $99.9 million (just under $100M), up 13% year-over-year and down 1% linked quarter; net interest margin stable at 4.33% (down 2 bps QoQ, up 26 bps YoY). Q2 NII guidance: $99M–$101M.
Deposit Growth and Cost Improvement
Total deposits increased 8.2% annualized to $7.8 billion, with deposit costs improving ~6 basis points and overall deposit cost at 1.91%.
Disciplined Expense Management and Efficiency
Noninterest expense of $57.0 million, down 5.3% quarter-over-quarter; efficiency ratio improved to ~49.8% (improvement of ~54 bps) and noninterest expense to average assets ratio of 2.37% (down 10 bps). Full-year noninterest expense guidance unchanged at $58M–$60M per quarter.
Stable and Improving Asset Quality
Credit costs were $5.5 million for the quarter (comprised of $6.0 million net charge-offs and a $0.5 million reserve release); nonperforming loans declined $4.0 million (5.6% QoQ) to $67.0 million; NPAs improved to 71 bps of total assets (from 77 bps). Allowance for credit losses around 1.46% of loans.
Capital and Book Value Expansion
CET1 ratio of ~12.5% (up ~22 bps QoQ, ~77 bps YoY), total capital ~15.5% (up ~69 bps YoY), tangible common equity ~11.1%, and tangible book value per share of $23.79 (up ~1.5% QoQ and 14% YoY).
Capital Returned to Shareholders
Returned ~40% of net income via repurchases of ~318,000 shares at an average price of $30.84 and paid a quarterly dividend of $0.12 per share; large remaining authorized buyback capacity.
Strong Franchise Highlights and Awards
SBA platform performed well for the 16th consecutive year and ranked #1 SBA 7(a) lender in Illinois; employer recognitions (Gallagher and Newsweek) highlighting talent attraction and retention.
Positive Business Outlook and Guidance
Pipelines described as solid across businesses, full-year loan growth expected in the mid-single digits, noninterest income expected $14M–$15M in Q2, and gain-on-sale expected to average ~$5.5M per 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 23, 2026 | $32.94 | $32.91 | -0.09% |
Jan 22, 2026 | $31.48 | $30.72 | -2.40% |
Oct 23, 2025 | $26.35 | $27.84 | +5.63% |
Jul 24, 2025 | $26.64 | $26.68 | +0.18% |
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 23, 2026, After Close (Confirmed).
What is Byline Bancorp Inc (BY) earnings time?
Byline Bancorp Inc (BY) earnings time is at Jul 23, 2026, After Close (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 2026 (Q2) is 0.78.