January 26, 2023 | --- | --- | --- | |----------------|------------------------|------------------------| | Revenue | EPS | Efficiency ratio | | $322.6 million | $2.34 | 54.99% | | 4% Y/Y | 3% Y/Y | Improved 228 bps Y/Y | | Total Assets | Total Loans and Leases | Total Deposits | | $7.4 billion | $5.4 billion | $5.7 billion | | 10% Y/Y | 19% Y/Y | 10% Y/Y | In June 2016, the Financial Accounting Standards Board ("FASB") issued ASU 2016-13 Financial Instruments - Credit Losses (Topic 326) on the recognition ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 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. (Exact Name of Registrant as Specified in Its Charter) Delaware 36-3012593 (State or Other Juri ...

Byline Bancorp, Inc. (NYSE:BY) Q3 2022 Earnings Conference Call October 28, 2022 10:00 AM ET Company Participants Brooks Rennie - Head, IR Alberto Paracchini - President Roberto Herencia - Chairman and CEO Tom Bell - CFO and Treasurer Mark Fucinato - Chief Credit Officer Conference Call Participants Terry McEvoy - Stephens Nathan Race - Piper Sandler David Long - Raymond James Brian Martin - Janney Operator Good morning and welcome to the Byline Bancorp's Third Quarter 2022 Earnings Call. My name is Amber a ...

Financial Performance - Byline Bancorp reported consolidated net income of $20.3 million for the three months ended June 30, 2022, a decrease of $8.2 million compared to $28.5 million for the same period in 2021[219]. - Consolidated net income for the three months ended June 30, 2022, was $20.3 million, a decrease of $8.2 million from $28.5 million for the same period in 2021[252]. - Net income available to common stockholders for the three months ended June 30, 2022, was $20.3 million, or $0.55 per basic share[223]. - Basic earnings per common share for the three months ended June 30, 2022, was $0.55, down from $0.75 in the same period of 2021[254]. - Consolidated net income for the six months ended June 30, 2022, was $42.6 million, a decrease of $7.7 million from $50.3 million for the same period in 2021[256]. - Net income available to common stockholders for the six months ended June 30, 2022, was $42.4 million, or $1.14 per basic share, down from $1.31 in the same period in 2021[258]. - Adjusted diluted earnings per share for the three months ended June 30, 2022, was $0.54, compared to $0.73 for the same period in 2021[381]. - Net income available to common stockholders for the three months ended June 2022 was $20,283, down from $28,297 in the same period last year, indicating a decrease of 28.3%[383]. Asset and Liability Overview - Total assets as of June 30, 2022, were $7.1 billion, with total gross loans and leases outstanding at $5.2 billion and total deposits at $5.4 billion[225]. - Total stockholders' equity as of June 30, 2022, was $765.2 million[225]. - Total liabilities increased by $506.8 million, or 8.6%, to $6.4 billion at June 30, 2022 compared to $5.9 billion at December 31, 2021[307]. - Total stockholders' equity decreased to $780,652 thousand from $810,490 thousand[266]. - Total estimated uninsured deposits were $1.6 billion as of June 30, 2022[348]. Loan and Lease Performance - Total loans and leases increased to $5.2 billion as of June 30, 2022, up $630.9 million or 13.9% from $4.5 billion at December 31, 2021[320]. - Originated loans and leases reached $4.8 billion, reflecting an increase of $724.6 million or 17.7% compared to $4.1 billion at December 31, 2021[320]. - The allowance for loan and lease losses was $62.4 million as of June 30, 2022, compared to $55.0 million at December 31, 2021[321]. - The loan and lease portfolio includes $2.0 billion with interest rate floors, with $108.7 million at the floor or with no floor[331]. - The loan and lease to deposit ratio was 96.2% at June 30, 2022, compared to 89.3% at December 31, 2021, indicating a tighter funding environment[346]. Income and Expense Analysis - Net interest income increased by $3.5 million for the three months ended June 30, 2022, driven by growth in the loan and lease portfolio[219]. - Non-interest income decreased to $14.2 million for the three months ended June 30, 2022, a decline of $6.8 million, or 32.6%, compared to the same period in 2021[281]. - Non-interest expense was $43.8 million for Q2 2022, an increase of 1.8% from $43.0 million in Q2 2021[290]. - Salaries and employee benefits totaled $27.7 million for Q2 2022, up 12.6% from $24.6 million in Q2 2021[290]. - The efficiency ratio for the six months ended June 30, 2022, was 55.12%, up from 51.61% for the same period in 2021[259]. Provision for Loan and Lease Losses - The provision for loan and lease losses increased by $7.9 million for the three months ended June 30, 2022, primarily due to loan and lease growth[219]. - Provision for loan and lease losses was $5.9 million for the three months ended June 30, 2022, compared to a recapture of $2.0 million for the same period in 2021, an increase of $7.9 million[279]. - The allowance for loan and lease losses as a percentage of loans and leases was 1.21% at June 30, 2022[280]. - The total provision for originated loans was $15,031 million, a decrease from $10,903 million[338]. Market and Economic Conditions - The company evaluates the recoverability of deferred tax assets based on expected taxable income and establishes a valuation allowance if realization is deemed unlikely[245]. - The company monitors the appropriate level of ALLL on a quarterly basis, with more frequent assessments as needed[332]. - The bank's interest rate risk exposure is managed within board-approved policy limits, with results being hypothetical and subject to various influencing factors[391]. Capital and Dividends - Stockholders' equity at June 30, 2022 was $765.2 million, a decrease of $71.2 million or 8.5% from December 31, 2021[358]. - The Company received $12.0 million in cash dividends from Byline Bank for the six months ended June 30, 2022, and $24.0 million for the year ended December 31, 2021[364]. - A cash dividend of $0.09 per share was declared on July 26, 2022, payable on August 23, 2022[368]. Interest Rate Management - The company had a notional amount of $1.1 billion in interest rate swaps outstanding as of June 30, 2022, to manage interest rate risk[387]. - The simulation model indicates that a 300 basis point increase in interest rates could lead to a 22.8% increase in net interest income, amounting to $313,099[389]. - A gradual upward shift of 100 basis points would increase net interest income by 1.3%, while a 200 basis point increase would result in a 2.8% increase[390].

Byline Bancorp Inc. (NYSE:BY) Q2 2022 Earnings Conference Call July 29, 2022 10:00 AM ET Company Participants Brooks Rennie - Head, IR Alberto Paracchini - President and CEO Roberto Herencia - Executive Chairman Lindsay Corby - EVP and CFO Tom Bell - SVP, Treasurer Mark Fucinato - EVP and CCO Conference Call Participants Terry McEvoy - Stephens Ben Gerlinger - Hovde Group Nathan Race - Piper Sandler Damon DelMonte - KBW Brian Martin - Janney Operator Good morning and welcome to the Byline Bancorp’s Second Q ...

Q2 2022 Conference Call BY Byline Bancorp, Inc. BY LISTED NYSE Forward-Looking Statements This communication contains forward-looking statements within the meaning of the U.S. federal securities laws. Forward-looking statements include, without limitation, statements concerning plans, estimates, calculations, forecasts and projections with respect to the anticipated future performance of the Company. These statements are often, but not always, made through the use of words or phrases such as ''may'', ''migh ...

Q1 2022 Conference Call BY Byline Bancorp, Inc. BY LISTED NYSE Forward-Looking Statements This communication contains forward-looking statements within the meaning of the U.S. federal securities laws. Forward-looking statements include, without limitation, statements concerning plans, estimates, calculations, forecasts and projections with respect to the anticipated future performance of the Company. These statements are often, but not always, made through the use of words or phrases such as ''may'', ''migh ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 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. (Exact Name of Registrant as Specified in Its Charter) Delaware 36-3012593 (State or Other Jurisdic ...

Byline Bancorp, Inc. (NYSE:BY) Q1 2022 Earnings Conference Call April 29, 2022 10:00 AM ET Company Participants Brooks Rennie – Head-Investor Relations Alberto Paracchini – President Lindsay Corby – Chief Financial Officer Conference Call Participants Nathan Race – Piper Sandler Ben Gerlinger – Hovde Group Terry McEvoy – Stephens Damon DelMonte – KBW Brian Martin – Janney Operator Good morning and welcome to the Byline Bancorp’s First Quarter 2022 Earnings Call. My name is Emily and I will be your conferen ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 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. (Exact name of Registrant as specified in its Charter) Delaware 36-3012593 (State or other jurisdiction of ...