Byline Bancorp, Inc. · NYSE:BY
Byline Bancorp — Q2 2025 Earnings Presentation
24 slides from Byline Bancorp's earnings presentation, Jul 25, 2025
Slide 1: 2Q25 Earnings Presentation
2Q25 Earnings Presentation
Slide 2: Forward-Looking Statements
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
Slide 3: Leading Chicago Commercial Banking Franchise
Leading Chicago Commercial Banking Franchise Company Overview BY at a Glance ($mm) $1.2 Billion Market Cap(1) Size A leading Chicago commercial bank with the size, scale and product offerings to $9.7 Billion $7.4 Billion $7.8 Billion compete and win in our markets to accelerate value creation for st
Slide 4: Second Quarter 2025 Highlights
Second Quarter 2025 Highlights Net Income Diluted EPS PTPP ROAA $30.1 million $33.8 million $0.66 $0.75 2.12% 2.32% Reported Adjusted(1) Reported Adjusted(1) Reported(1)(2) Adjusted(1)(2) Efficiency Ratio ROAA ROTCE 52.61% 48.20% 1.25% 1.41% 12.83% 14.37% Reported Adjusted(1) Reported(2) Adjusted(1)
Slide 5: Loan Portfolio Trends
Loan Portfolio Trends ($ in millions) Total Loan Portfolio and Average Yield Highlights Total loan portfolio was $7.4 billion at 2Q25, an increase of $306.7 million, $7,354 $6,905 $6,899 $6,910 $7,047 or 17.5%(1) from 1Q25; up ~8.5%(1) excluding First Security acquisition $152.9 million in acqui
Slide 6: Deposit Trends
Deposit Trends ($ in millions) Deposit Composition Highlights Total deposits were $7.8 billion at 2Q25, an increase of $257.2 million, or $7,347 $7,498 $7,459 $7,553 $7,810 13.7%(1) from 1Q25; up ~6.4%(1) excluding First Security and brokered deposits 5.8% 6.2% 5.8% 5.7% 5.9% 21.9% 21.9% 20.1% 17.
Slide 7: Net Interest Income and Net Interest Margin Trends
Net Interest Income and Net Interest Margin Trends ($ in millions) Net Interest Income Highlights $96.0 Net interest income was $96.0 million, up 8.8% from 1Q25 $87.5 $88.5 $88.2 $86.5 Increase in NII driven by higher loan and securities yields Lower total borrowing and deposit costs Net int
Slide 8: Non-Interest Income Trends
Non-Interest Income Trends ($ in millions) Total Non-Interest Income Highlights $16.1 $14.9 $14.5 Non-interest income was $14.5 million, down 2.6% from 1Q25 $14.4 15% $12.8 Non-interest income remained stable QoQ, excluding FV marks on 18% 7% 21% 24% 11% 7% 8% 7% 7% loan servicing asset and equi
Slide 9: Non-Interest Expense Trends
Non-Interest Expense Trends ($ in millions) Non-Interest Expense Highlights $57.4 $59.6 $54.3 $56.4 Non-interest expense of $59.6 million, up 5.6% from 1Q25, primarily due to $53.2 merger-related expenses: Salaries and employee benefits Legal, audit and other professional fees Conversion E
Slide 10: Asset Quality Trends
Asset Quality Trends ($ in millions) Net Charge-offs Allowance for Credit Losses (ACL) $107.7 $9.5 $99.7 $100.4 $98.4 $98.0 $8.5 $7.8 $7.7 $6.6 0.56% 1.47% 0.49% 1.45% 1.44% 0.45% 0.43% 1.43% 0.39% 1.42% $9.5 $7.9 $6.0 $6.6 $4.9 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q2 2024 Q3 2024 Q4 2024 Q1 2025
Slide 11: Strong Capital Position
Strong Capital Position Capital Ratios Strong Capital Base Capital Priorities: 14.41% 14.74% 14.86% 14.87% 13.86% 1. Fund Organic Growth 2. Dividend 3. M&A 4. Buyback 9.95% 10.39% TCE/TA(1) operating target range is between 8% and 9%: currently at 10.39% 9.72% 9.61% 8.82% Increased capital rat
Slide 12: 2025 Strategic Priorities
2025 Strategic Priorities Strengthening our position as the preeminent commercial bank in Chicago Stay Ahead of Regulatory Expectations Maintain Balance Sheet Strength Completed the First Security Prepare for crossing the Fortress level Capital Ratios Strong liquidity profile acquisition and integra
Slide 13: 2Q25 Appendix
2Q25 Earnings Presentation Appendix
Slide 14: Granular Deposit Base
Granular Deposit Base A strength of our franchise is our well diversified …with limited concentration and granular customer deposit base… base providing a stable source of funding Consumer Deposits(1) ~67% of Total Deposits are FDIC Insured $3.7 billion at 6/30/25 Total Franchise Customer Base 45 ~1
Slide 15: Strong Liquidity and Securities Portfolio
Strong Liquidity and Securities Portfolio ($ in millions) Liquidity Position Highlights Cash and cash equivalents of $218.3 million, down by $202.3 million, or 48.2% Securities portfolio duration: 4.6 years; net of hedges: ~4.3 years from 1Q25 primarily due to lower liquidity needs Securities
Slide 16: Unguaranteed Government-Guaranteed Exposure
Unguaranteed Government-Guaranteed Exposure Represents 5.8% of Total Loans ($ in millions) On Balance Sheet SBA 7(a) & USDA Loans Highlights ($ in millions) $ Balance % of Portfolio Closed $122.2 million in SBC loan commitments in 2Q25 Unguaranteed $390.3 5.3% SBA 7(a) portfolio $475.0 million,
Slide 17: Projected Acquisition Accounting Accretion
Projected Acquisition Accounting Accretion Projected Accretion(1) ($ in millions) $1.8 $1.7 $1.6 $1.4 Q3 2025 E Q4 2025 E Q1 2026 E Q2 2026 E Non-PCD PCD (1) Projections are updated quarterly, assumes no prepayments and are subject to change. 17
Slide 18: Financial Summary
Financial Summary As of or For the Three Months Ended (dollars in thousands, except per share data) June 30, March 31, December 31, September 30, June 30, 2025 2025 2024 2024 2024 Income Statement Net interest income $ 95,970 $ 88,216 $ 88,524 $ 87,455 $ 86,526 Provision for credit losses 11,923 9,1
Slide 19: Non-GAAP Reconciliation
Non-GAAP Reconciliation As of or For the Three Months Ended June 30, March 31, December 31, September 30, June 30, (dollars in thousands, except per share data) 2025 2025 2024 2024 2024 Net income and earnings per share excluding significant items Reported Net Income $ 30,082 $ 28,248 $ 30,320 $ 30,
Slide 20: Non-GAAP Reconciliation (continued)
Non-GAAP Reconciliation (continued) As of or For the Three Months Ended June 30, March 31, December 31, September 30, June 30, (dollars in thousands) 2025 2025 2024 2024 2024 Adjusted non-interest expense: Non-interest expense $ 59,602 $ 56,429 $ 57,431 $ 54,327 $ 53,210 Less: Merger-related expense
Slide 21: Non-GAAP Reconciliation (continued)
Non-GAAP Reconciliation (continued) As of or For the Three Months Ended June 30, March 31, December 31, September 30, June 30, (dollars in thousands) 2025 2025 2024 2024 2024 Tangible common stockholders' equity: Total stockholders' equity $ 1,192,416 $ 1,131,078 $ 1,091,497 $ 1,096,312 $ 1,033,014
Slide 22: Non-GAAP Reconciliation (continued)
Non-GAAP Reconciliation (continued) As of or For the Three Months Ended (dollars in thousands, except share and per share June 30, March 31, December 31, September 30, June 30, data, ratios annualized, where applicable) 2025 2025 2024 2024 2024 Pre-tax pre-provision return on average assets: Pre-tax
Slide 23: Non-GAAP Reconciliation (continued)
Non-GAAP Reconciliation (continued) As of or For the Three Months Ended June 30, March 31, December 31, September 30, June 30, 2025 2025 2024 2024 2024 Tangible common equity to tangible assets: Tangible common equity $ 988,908 $ 934,098 $ 893,399 $ 896,869 $ 832,226 Tangible assets 9,516,710 9,387,
Slide 24: OX
OX