Wall Street analysts expect Byline Bancorp (BY) to post quarterly earnings of $0.67 per share in its upcoming report, which indicates no change from the year-ago quarter. Revenues are expected to be $101.07 million, up 14.8% from the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Ahead of a company's earnings disclosure, it is crucial to ...

Financial Performance - For the three months ended September 30, 2023, the company reported a net income of $28.2 million, an increase of $5.6 million compared to $22.7 million for the same period in 2022[244]. - The annual return on average assets for the nine months ended September 30, 2023, was 1.34%, up from 1.26% in the same period of 2022[233]. - The company reported net income available to common stockholders of $78.3 million for the nine months ended September 30, 2023, compared to $65.1 million for the same period in 2022[248]. - The return on average stockholders' equity for the three months ended September 30, 2023, was 12.11%, compared to 11.74% for the same period in 2022[233]. Assets and Liabilities - Total consolidated assets as of September 30, 2023, were $8.9 billion, with total gross loans and leases outstanding at $6.6 billion[249]. - As of September 30, 2023, total deposits were $7.0 billion, reflecting the company's strong deposit base[249]. - The balance of investment securities at the end of the period is $281,000, a decrease from $666,000 at the beginning of the period, reflecting a change in fair value of $(67,000)[262]. - The balance of servicing assets at the end of the period is $19,743, a decrease from $21,127 in the previous year[262]. Income and Dividends - The company declared dividends on common shares of $3.9 million for the three months ended September 30, 2023, compared to $3.4 million for the same period in 2022[245]. - Net interest income increased by $23.6 million and $55.1 million for the three and nine months ended September 30, 2023, respectively, primarily due to higher yields on loans and leases[244]. Acquisitions and Market Position - The acquisition of Inland Bancorp, Inc. was completed on July 1, 2023, with 5,932,323 shares of common stock issued in connection with the acquisition[236]. - The company was the fifth most active SBA lender in the country and the most active 7(a) and 504 lender in Illinois for the fiscal year ended September 30, 2023[242]. Derivative Instruments and Risk Management - The notional amounts of derivative assets are $650,000, with a fair value of $47,488 for assets and $1,633 for liabilities[264]. - The Company has a bilateral agreement with each swap counterparty to fully collateralize fluctuations in derivative values with cash or securities[265]. - The aggregate interest rate risk exposure is monitored within board-approved policy limits, with results of simulation analysis being hypothetical[516]. - The Company has agreements with derivative counterparties that include cross-default provisions, which could lead to default on derivative obligations if the Company defaults on any indebtedness[266]. - The weighted average remaining maturity of derivative instruments is 3.2 years[264]. - The net interest income simulation model evaluates potential changes in net interest income under various interest rate scenarios, with results not intended as forecasts but for planning asset-liability management strategies[515].

Byline Bancorp, Inc. (NYSE:BY) Q3 2023 Earnings Conference Call October 27, 2023 10:00 AM ET Company Participants Brooks Rennie - Head-Investor Relations Alberto Paracchini - President Roberto Herencia - Chairman & Chief Executive Officer Tom Bell - Chief Financial Officer Mark Fucinato - Chief Credit Officer Conference Call Participants Damon DelMonte - KBW Terry McEvoy - Stephens Inc Nathan Race - Piper Sandler Brian Martin - Janney Operator Good morning, and welcome to the Byline Bancorp Third Quarter ...

Byline Bancorp, Inc. Forward-Looking Statements Certain risks and important factors that could affect Byline's future results are identified in our Annual Report on Form 10-K and other reports we file with the Securities and Exchange Commission, including among other things under the heading "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2022. Any forward-looking statement speaks only as of the date on which it is made, and Byline undertakes no obligation to update any forw ...

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______to ______ Commission File Number 001-38139 BYLINE BANCORP, INC. | --- | --- | --- | |-----------------------|----------------------------------------------------------------------------------------------------------------------------------------- ...

Byline Bancorp, Inc. (NYSE:BY) Q2 2023 Earnings Conference Call July 28, 2023 10:00 AM ET Company Participants Brooks Rennie - Head, IR Alberto Paracchini - President Roberto Herencia - Chairman, CEO Thomas Bell - CFO and Treasurer Mark Fucinato - Chief Credit Officer Conference Call Participants Nathan Race - Piper Sandler Ben Gerlinger - Hovde Group Terry McEvoy - Stephens Brian Martin - Janney Montgomery Scott Damon DelMonte - KBW Operator Good morning, and welcome to the Byline Bancorp Second Quarter 20 ...

GAAP Reconciliation and Management Explanation of Non-GAAP Financial Measures 73 • "Total revenue" is the combination of net interest income and non-interest income. Management believes the metric is an important measure of the Company's operating performance on an ongoing basis. • "Tangible book value per common share" is calculated as tangible common equity, which is stockholders' equity reduced by preferred stock and goodwill and other intangible assets, divided by total shares of common stock outstandin ...

Byline Bancorp, Inc. (NYSE:BY) Q1 2023 Results Conference Call April 28, 2023 10:00 AM ET Company Participants Brooks Rennie - Head, IR Alberto Paracchini - President Roberto Herencia - Chairman, CEO Thomas Bell - CFO, Treasurer Mark Fucinato - Chief Credit Officer Conference Call Participants Ben Gerlinger - Hovde Group Brian Martin - Janney Damon DelMonte - KBW Nate Race - Piper Sandler Terry McEvoy - Stephens Operator Good morning, and welcome to Byline Bancorp First Quarter 2023 Earnings Call. My name ...

FORM 10-K Non-accelerated filer ☐ Smaller reporting company ☐ Table of Contents PART III Item 10. Directors, Executive Officers and Corporate Governance 131 Item 11. Executive Compensation 132 Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters 132 Item 13. Certain Relationships and Related Transactions, and Director Independence 133 Item 14. Principal Accounting Fees and Services 133 i Statements contained in this Annual Report on Form 10-K and in other d ...

Byline Bancorp, Inc. (NYSE:BY) Q4 2022 Earnings Conference Call January 27, 2023 10:00 AM ET Company Participants Brooks Rennie - Director, Investor Relations Alberto Paracchini - President Tom Bell - Chief Financial Officer and Treasurer Mark Fucinato - Executive Vice President, Chief Credit Officer Conference Call Participants Ben Gerlinger - Hovde Group Terry McEvoy - Stephens Nathan Race - Piper Sandler Brian Martin - Janney Operator Good morning and welcome to the Byline Bancorp's Fourth Quarter 2022 E ...