Byline Bancorp, Inc. · NYSE:BY
Byline Bancorp — Q3 2019 Earnings Presentation
17 slides from Byline Bancorp's earnings presentation, Oct 25, 2019
Slide 1: Q3 2019 Financial Results
Q3 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: Third Quarter 2019 Highlights
Third Quarter 2019 Highlights Balance Sheet Earnings Revenue Key Operating Trends Total revenue of $72.6 million, an increase of 5.9% from 2Q19 and 14.4% from 3Q18 Net interest income increased 6.2% from 2Q19 and 10.0% on a year over year basis Higher gain on sale revenue drove a 4.4% increase in no
Slide 4: Loan and Lease Trends
Loan and Lease Trends Loan & Lease Originations and Payoffs September 30, 2018 September 30, 2019 ($ in millions) Originated and Acquired Loan & Lease Portfolio Total loans and leases were $3.8 billion at 3Q19, a decrease of $32.1 million from the prior quarter, but up 10.9% from 3Q18 Originated por
Slide 5: Government-Guaranteed Lending Overview
Government-Guaranteed Lending Overview Managed SBA 7A and USDA Loans Top 10 SBA lender nationally; number 1 in Illinois and Wisconsin Dedicated origination, sale and servicing of SBA and USDA loans Attractive risk-adjusted returns (higher average loan yields compensate for higher loss rate) Gain on
Slide 6: Deposit Trends
Total deposits increased $20.1 million to $4.1 billion Growth primarily in lower-cost deposit categories Rate of increase in deposit costs further moderated from prior quarter Cost of interest bearing deposits was flat from prior quarter Total deposit costs increased two bps compared to five bps in
Slide 7: Net Interest Income and Net Interest Margin Trends
Net Interest Income and Net Interest Margin Trends Net interest income increased $3.4 million to $57.8 million, primarily due to earning asset growth and a higher margin Net interest margin expanded 11 basis points to 4.62% from 2Q19 due primarily to higher accretion income Loan yields excluding acc
Slide 8: Total Non-Interest Income
Total Non-Interest Income Non-Interest Income Trends Non-interest income increased $623,000 from 2Q19 Higher net gains on sales of loans $171,000 increase in fees and services charges on deposits $1.6 million charge to servicing asset due to higher prepayments ($ in millions) Total SBC Closed Loan C
Slide 9: Non-Interest Expense Trends
Non-Interest Expense Trends Non-interest expenses reflect full quarter impact of acquisition Non-interest expense, excluding significant adjustment items(1), was $44.3 million, up from $40.4 million in 2Q19 Increase in non-interest expense primarily due to full quarter impact of OPRF operations and
Slide 10: Asset Quality Trends
Asset Quality Trends NCOs were 0.56% in 3Q19, primarily consisting of the unguaranteed portion of U.S. government guaranteed loans ALLL/Loans and Leases increased to 0.82% in 3Q19 compared to 0.81% in 2Q19 Non-performing assets to total assets increased nine bps to 0.92% in 3Q19 NPLs/ Total Loans &
Slide 11: Appendix
Appendix @ Byline Bancorp, Inc:
Slide 12: Five Quarter Financial Summary
Five Quarter Financial Summary ($ in millions, except per share data) Represents a non-GAAP financial measure. See “Non-GAAP Reconciliation” in the appendix. For the Three Months Ended, September 30, 2019 June 30, 2019 March 31, 2019 December 31, 2018 September 30, 2018 Income Statement Net interest
Slide 13: Non-GAAP Reconciliation
@ Byline Bancorp, Inc: Non-GAAP Reconciliation (doltarsin thousands, per share data) Netincome and earnings per share excluding significant items Taxbenefit on significant items justed NetIncome Reported Diluted Earnings, pershare Significant items: Taxbenefit on significant items ‘Adjusted Diluted
Slide 14: Non-GAAP Reconciliation (continued)
Non-GAAP Reconciliation (continued)
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)