Byline Bancorp, Inc. · NYSE:BY
Byline Bancorp — Q4 2019 Earnings Presentation
18 slides from Byline Bancorp's earnings presentation, Jan 24, 2020
Slide 1: Q4 2019 Financial Results
Q4 2019 Financial Results Exhibit 99.1
Slide 2: Forward-Looking Statements
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 antici
Slide 3: Fourth Quarter 2019 Highlights
Fourth Quarter 2019 Highlights Balance Sheet Earnings Revenue Key Operating Trends Total revenue of $68.4 million, a decrease of 5.8% from 3Q19 and an increase of 1.3% from 4Q18 Net interest income decreased 6.8% from 3Q19 reflecting lower margin given lower rate environment Non interest income was
Slide 4: Loan and Lease Trends
Loan and Lease Trends Loan & Lease Originations and Payoffs December 31, 2018 December 31, 2019 ($ in millions) Originated and Acquired Loan & Lease Portfolio Total loans and leases were $3.8 billion at 4Q19, a decrease of $45.4 million from the prior quarter, but up 8.1% from 4Q18 Originated portfo
Slide 5: Government-Guaranteed Lending
Government-Guaranteed Lending Managed SBA 7A and USDA Loans Top 5 SBA lender nationally; #1 lender in Illinois and Wisconsin $131.9 million in closed loan commitments in 4Q19, compared to $125.1 million in 3Q19 Managed government guaranteed portfolio increased $28 million to $1.9 billion as of 4Q19
Slide 6: Deposit Trends
Total deposits increased $67.3 million to $4.1 billion Growth entirely attributable to increases in lower-cost deposit categories Average non-interest bearing deposits increased $65.4 million Total deposit costs decreased six basis points from prior quarter Loan to deposit ratio declined to 91.56% f
Slide 7: Net Interest Income and Net Interest Margin Trends
Net Interest Income and Net Interest Margin Trends Net Interest Income decreased $3.9 million to $53.9 million, due to lower accretion and lower interest rates partially offset by lower funding costs Net interest margin decreased 30 basis points to 4.32% from 3Q19 Loan yields were impacted by accret
Slide 8: Non-Interest Income Trends
Total Non-Interest Income Non-Interest Income Trends Non-interest income decreased $290,000 from 3Q19 Unfavorable change in fair value of servicing asset due to higher prepayment speeds and discount rates Lower net gains on sales of loans Partially offset by higher swap-related income ($ in millions
Slide 9: Non-Interest Expense Trends
Non-Interest Expense Trends Non-interest expenses, excluding significant adjustment items(1), was $43.4 million, down from $44.3 million in 3Q19 Decrease in professional fees as prior quarter reflected non-recurring costs Increase in loan expenses on government guaranteed loans Adjusted efficiency r
Slide 10: Asset Quality Trends
Asset Quality Trends Non-performing assets to total assets declined to 0.87% in 4Q19 from 0.89% in 3Q19 NPLs/ Total Loans & Leases declined by 9 bps to 1.00% in 4Q19 from 1.09% in 3Q19 NPLs/ Total Loans & Leases (excluding government guaranteed) decreased to 0.89% in 4Q19 from 0.98% in 3Q19 Other re
Slide 11: 2020 Outlook and Strategic Priorities
2020 Outlook and Strategic Priorities Areas of Focus Priorities for Capital Deployment Disciplined expense management to gain operating leverage Achieve loan and core deposit growth Continue executing relationship banking strategy Maintain credit and underwriting discipline Support organic balance s
Slide 12: Appendix
Appendix @ Byline Bancorp, Inc:
Slide 13: Five Quarter Financial Summary
Five Quarter Financial Summary ($ in millions, except per share data) Represents a non-GAAP financial measure. See “Non-GAAP Reconciliation” in the appendix. For the Three Months Ended, December 31, 2019 September 30, 2019 June 30, 2019 March 31, 2019 December 31, 2018 Income Statement Net interest
Slide 14: Non-GAAP Reconciliation
@ Byline Bancorp, Inc: Non-GAAP Reconciliation As of orForthe December 34, September30, ‘June 20, March 34, December 34, (Gollan thousands, per share data) 2019 2019 2019 Netincome (los) and earnings per share excluding significant Reported Net Income (Loss) s 1552S 15302 $ aus 12597 $ wma Signifcan
Slide 15: Non-GAAP Reconciliation (continued)
Non-GAAP Reconciliation (continued)
Slide 16: Non-GAAP Reconciliation (continued)
Non-GAAP Reconciliation (continued)
Slide 17: Non-GAAP Reconciliation (continued)
Non-GAAP Reconciliation (continued)
Slide 18: Non-GAAP Reconciliation (continued)
Non-GAAP Reconciliation (continued)