Byline Bancorp, Inc. · NYSE:BY
Byline Bancorp — Investor Presentation (June 2022)
18 slides from Byline Bancorp's investor presentation, Jun 6, 2022
Slide 1: Investor Presentation – June 2022
Investor Presentation – June 2022 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: A Leading Chicago Commercial Banking Franchise
A Leading Chicago Commercial Banking Franchise Loan & Deposit BY at a Glance ($mm) Tangible Common Equity(1) Total Loans $625 $4,789 Total Deposits Total Assets $6,835 $5,530 68.0% Commercial Loans/Loans(2) 41.3% NIB Deposits/Total Deposits Adj. Efficiency Ratio(1)(3) 54.96% Size Company Overview Br
Slide 4: Seasoned Management Team & Board; Deposits; Diversified Commercial Lending
Seasoned Management Team & Board of Directors Deposits, Deposits, Deposits Accelerating Value Creation Diversified Commercial Lending Platform Management team has extensive in-market experience with a track record of building shareholder value Highly accomplished and experienced Board Demonstrated a
Slide 5: The Byline Franchise
The Byline Franchise Size Customer and Market Focus $5.5 billion in total deposits 38 branch locations Serves small businesses and consumers within branch footprint Offers traditional retail deposit products through branch network and online and mobile banking platforms $3.1 billion loan portfolio S
Slide 6: The Byline Franchise (continued)
Size Customer and Market Focus $384.1 million lease portfolio Nationwide coverage Provides financing solutions for equipment vendors and their end-users Industries served: healthcare, manufacturing, technology, specialty vehicles, energy efficiency $464.8 million loan portfolio Lower middle market f
Slide 7: Progress Report on Growth Strategies and Key Performance Indicators
Drive Organic Loan Growth Deliver Improved Profitability Strengthen Franchise through Acquisitions Top tier talent with local decision making Capitalize on market opportunities due to recent consolidation and the CRE concentration limitations of other banks Leverage infrastructure to keep expense gr
Slide 8: Adjusted Pre-Tax Pre-Provision Net Income and ROAA
Adjusted Pre-Tax Pre-Provision Net Income and ROAA(1) ($ in millions) Improved performance driven by successful execution of our stated strategy Improving loan production Improving noninterest income Disciplined expense management Operating Leverage Analysis 1Q22 1Q21 % Change Total Revenue $78.2 $7
Slide 9: Optimization of our Branch Network
We have reduced our branch network by over 55% since 2014... Optimization of our Branch Network ($ in millions) Retail Branch Count Deposits per Branch -56% Consolidating branches and optimizing square footage Strategic consolidations have contributed to significant improvement in branch productivit
Slide 10: Our Culture is Rooted in our Employees, Customers and Communities
Data as of FY 2021. Diversity is defined by gender and people of color, as disclosed. Data as of December 31, 2021. Hires ranging from 2019 – YTD 5/31/2022. Our Investments in the Community(1) Our Culture is Rooted in our Employees, Customers and Communities Our Trusted Brand Our Commitment to Diver
Slide 11: 2022 Strategic Priorities and Near-Term Outlook
2022 Strategic Priorities and Near-Term Outlook Commercial banking focus through organic loan, lease and deposit growth High single digit loan growth for 2022 Investing in digital capabilities and automation Online deposit account opening for businesses - second half of 2022 / nCino loan origination
Slide 12: Quarterly Financial Highlights
As of or For the Three Months Ended (dollars in thousands, except per share data) March 31, December 31, September 30, June 30, March 31, 2022 2021 2021 2021 2021 Income Statement Net interest income $ 58,736 $ 61,728 $ 59,845 $ 58,174 $ 56,640 Provision (recapture) for loan and lease losses 4,995 (
Slide 13: Non-GAAP Reconciliation
As of or For the Three Months Ended (dollars in thousands, except per share data) March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 Net income and earnings per share excluding significant items Reported Net Income $ 22,311 $ 17,189 $ 25,306 $ 28,492 $ 21,798 Significan
Slide 14: Non-GAAP Reconciliation
As of or For the Three Months Ended (dollars in thousands) March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 Adjusted non-interest expense: Non-interest expense $ 44,555 $ 58,968 $ 44,180 $ 42,981 $ 38,842 Less: Significant items Impairment charges on assets held for s
Slide 15: Non-GAAP Reconciliation
As of or For the Three Months Ended (dollars in thousands) March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 Tangible common stockholders' equity: Total stockholders' equity $ 788,671 $ 836,382 $ 824,418 $ 817,073 $ 793,795 Less: Preferred stock — 10,438 10,438 10,438
Slide 16: Non-GAAP Reconciliation
As of or For the Three Months Ended (dollars in thousands, except share and per share data, ratios annualized, where applicable) March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 Pre-tax pre-provision return on average assets: Pre-tax pre-provision net income $ 33,607
Slide 17: Non-GAAP Reconciliation
As of or For the Three Months Ended March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 Adjusted return on average assets: Adjusted net income $ 22,311 $ 26,261 $ 26,350 $ 29,905 $ 22,237 Average total assets 6,705,986 6,699,069 6,560,868 6,720,492 6,587,765 Adjusted ret
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