Byline Bancorp, Inc. · NYSE:BY
Byline Bancorp — Q4 2018 Earnings Presentation
17 slides from Byline Bancorp's earnings presentation, Jan 25, 2019
Slide 1: Q4 2018 Financial Results
Q4 2018 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 2018 Highlights
Fourth Quarter 2018 Highlights Loan Production Earnings Revenue Deposits $164.9 million of loan and lease originations, compared with $218.1 million in prior quarter Net loan growth of $45.8 million, up 5.3% annualized Elevated payoff activity compared to 3Q18 Strong loan balance growth particularly
Slide 4: Loan and Lease Trends
Loan and Lease Trends Loan & Lease Portfolio December 31, 2017 December 31, 2018 ($ in millions) Originated and Acquired Loan & Lease Portfolio Total loans and leases were $3.5 billion at 4Q18, an increase of $45.8 million or 1.3% from the prior quarter and 53.7% from 4Q17 Originated portfolio incre
Slide 5: Deposit Trends
Total deposits increased $9.1 million to $3.7 billion Growth in non-interest bearing deposits and jumbo CDs offset by declines in other deposit categories Total deposit costs increased to 75 bps from 64 bps in the prior quarter Cost of interest bearing deposits increased by 14 bps and slowed relativ
Slide 6: Net Interest Income and Net Interest Margin Trends
Net Interest Income and Net Interest Margin Trends Net interest income increased $668,000 to $53.3 million, primarily due to higher average balances of loans and leases and the rising interest rate environment Net interest margin decreased four basis points to 4.69% from 3Q18 due to 18 bps decline i
Slide 7: Non-Interest Income Trends
Total Non-Interest Income Non-Interest Income Trends Non interest income increased $3.4 million from 3Q18 Higher net gains on sales of loans $2.9 million impairment charge to servicing asset due to higher prepayment speeds and a rising interest rate environment Other fee income line items remained s
Slide 8: Non-Interest Expense Trends
Non-Interest Expense Trends Non-interest expenses were stable for the quarter Non-interest expense, excluding significant adjustment items(1), was $39.1 million, an increase 4.4% from 3Q18 Salary and employee benefit expenses stabilized during the quarter Higher loan and lease related expenses, prof
Slide 9: Asset Quality Trends
Asset Quality Trends Non performing assets improved to 0.67% in 4Q18 compared to 0.71% in 3Q18 NPLs/ Total Loans & Leases decreased to 0.79% in 4Q18 from 0.87% in 3Q18, primarily due to decline in government guaranteed portions of NPLs NPLs/ Total Loans & Leases excluding government guaranteed porti
Slide 10: 2019 Outlook and Strategic Priorities
2019 Outlook and Strategic Priorities Acquisition Updates Areas of Focus Systems conversion on track for completion during first quarter of 2019 All regulatory approvals received for Oak Park River Forest (OPRF) Opportunities to partner with OPRF team to gain share in Oak Park and River Forest marke
Slide 11: Appendix
Appendix @ Byline Bancorp, Inc:
Slide 12: Five Quarter Financial Summary
Five Quarter Financial Summary ($ in millions, except per share data) Represents a non-GAAP financial measure. See “Non-GAAP Reconciliation” in the appendix. For the Three Months Ended, December 31, 2018 September 30, 2018 June 30, 2018 March 31, 2018 December 31, 2017 Income Statement Net interest
Slide 13: Non-GAAP Reconciliation
Non-GAAP Reconciliation Byline Bancorp, inc. tm As of or For the Three Months Ended December 31, 2018 September 30, 2018 June 30, 2018 March 31, 2018 December 31, 2017 (dollars in thousands, except per share data) Net income (loss) and earnings per share excluding significant items Reported Net Inco
Slide 14: Non-GAAP Reconciliation (continued)
Non-GAAP Reconciliation (continued) Byline Bancorp, inc. tm As of or For the Three Months Ended As of or For the Year Ended December 31, 2018 September 30, 2018 June 30, 2018 March 31, 2018 December 31, 2017 December 31, 2018 December 31, 2017 (dollars in thousands, except share and per share data)(
Slide 15: Non-GAAP Reconciliation (continued)
Non-GAAP Reconciliation (continued) Byline Bancorp, inc. tm As of or For the Three Months Ended As of or For the Year Ended December 31, 2018 September 30, 2018 June 30, 2018 March 31, 2018 December 31, 2017 December 31, 2018 December 31, 2017 (dollars in thousands, except share and per share data)(
Slide 16: Non-GAAP Reconciliation (continued)
Non-GAAP Reconciliation (continued) Byline Bancorp, inc. tm As of or For the Three Months Ended As of or For the Year Ended December 31, 2018 September 30, 2018 June 30, 2018 March 31, 2018 December 31, 2017 December 31, 2018 December 31, 2017 (dollars in thousands, except share and per share data)(
Slide 17: Non-GAAP Reconciliation (continued)
Non-GAAP Reconciliation (continued) Byline Bancorp, inc. tm As of or For the Three Months Ended As of or For the Year Ended December 31, 2018 September 30, 2018 June 30, 2018 March 31, 2018 December 31, 2017 December 31, 2018 December 31, 2017 (dollars in thousands, except share and per share data)(