Byline Bancorp, Inc. · NYSE:BY
Byline Bancorp — Debt Investor Presentation (August 2025)
37 slides from Byline Bancorp's debt investor presentation, Aug 7, 2025
Slide 1: Fixed Income Investor Presentation July 2025
Fixed Income Investor Presentation July 2025 Exhibit 99.2
Slide 2: Disclaimers: Forward Looking Statements
Disclaimers Forward Looking Statements This presentation contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any statements about Byline Bancorp, Inc.’s (“Byline”, the “
Slide 3: Disclaimers: Forward Looking Statements Continued
Disclaimers Forward Looking Statements Continued These risks and uncertainties should be considered in evaluating any forward-looking statements, and undue reliance should not be placed on such statements. Forward looking statements speak only as of the date they are made. You should also consider t
Slide 4: Terms of Proposed Capital Raise
Terms of Proposed Capital Raise Issuer: Security Type: Offering Size: Rating(1): Issuance Type: Term: Call: Use of Proceeds: Byline Bancorp, Inc. Fixed-to-Floating Subordinated Notes Due 2035 $75,000,000 BBB Kroll Private Placement with Registration Rights 10 Years 5 Years The redemption/repayment o
Slide 5: Table of Contents
Introduction to Byline Bancorp, Inc. Go-To Market Strategy Financial Overview Appendix Table of Contents Agenda
Slide 6: Introduction to Byline Bancorp, Inc.
Introduction to Byline Bancorp, Inc. BY LISTED NYSE
Slide 7: Byline Has Unique Competitive Advantages
Byline Has Unique Competitive Advantages ... 7 Positioned to deliver substantial value creation A clear long-term strategy that we are executing effectively Strong financial results and risk management Seasoned leadership with track record of building stockholder value Reputation rooted in trust and
Slide 8: Compelling Position in Chicago and Strategy for Growth
Note: Map excludes Byline Bank branch located in Wauwatosa, WI. Source: S&P Global Market Intelligence and company filings. Data as of quarter ended June 30, 2025. BY market capitalization as of June 30, 2025. Second largest bank headquartered in Chicago based on total assets. Represents a non-GAAP
Slide 9: Our History
Our History 9 2012 2014 2018 2019 2020 2021 Total Asset Growth 2013 $2.4B 2014 $2.4B 2015 $2.5B 2016 $3.3B 2017 $3.4B 2018 $4.9B 2019 $5.5B 2020 $6.4B 2021 $6.7B 2022 $7.4B 2023 $8.9B 2022 2023 2024 2025 2024 $9.5B Originally chartered as Metropolitan Bank and Trust Company 1914 Recruited new board
Slide 10: 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 Strong liquidity profile $ Top Quartile Profitability Deposits, Deposits, Deposits Grow low-cost, core deposits Actively Manage Risk
Slide 11: Carlos Ruiz Sacristán Director 2023 Antonio del Valle Pereochena Lead Director 2013 Roberto Herencia
Carlos Ruiz Sacristán Director 2023 Antonio del Valle Pereochena Lead Director 2013 Roberto Herencia Executive Chairman and CEO Years in Banking: 39 Alberto Paracchini President and CEO, Byline Bank Years in Banking: 31 John Barkidjija EVP, Head of Commercial Real Estate and Specialty Finance Years
Slide 12: Go-To-Market Strategy
Go-To-Market Strategy LISTED
Slide 13: Business Verticals and Markets Served
Wealth Management Sponsor Finance Small Ticket Equipment Leasing Small Business Capital Commercial Banking Community Banking $742 million Assets under administration $704 million Loan Portfolio $719 million Lease Portfolio $1.7 billion Servicing Portfolio $432 million 46 Branches $7.6 billion Total
Slide 14: Balanced Approach to Growth and Deposit Pricing
Balanced Approach to Growth and Deposit Pricing Deposit Composition ($ in millions)(1) $5,695 $7,177 Full year financial data ranging from December 31, 2017 through December 31, 2024 and quarter ended financial data as of June 30, 2025. $7,459 CAGR: 17% Diversified deposit base is a core strength Li
Slide 15: Second Quarter 2025 Highlights
$30.1 million $33.8 million Reported Adjusted(1) 52.61% 48.20% Reported Adjusted(1) Second Quarter 2025 Highlights Data as of or for the quarter ended June 30, 2025, unless otherwise noted. Comparisons against March 31, 2025, unless otherwise noted. Represents a non-GAAP financial measure. See “Non-
Slide 16: Asset Quality Trends
Asset Quality Trends ($ in millions) Criticized & Classified Loans and Leases Net Charge-offs NPLs / Total Loans & Leases Allowance for Credit Losses (ACL) Excluding Government Guaranteed loans, NPLs were 80 bps Note: Criticized & classified loans and leases risk rated special mention or worse.
Slide 17: Strong Capital Position
Strong Capital Position (1) Strong Capital Base Capital Ratios (1) Return on Average Tangible Common Equity Common Equity Tier 1 Capital Priorities: TCE/TA(1) operating target range is between 8% and 9%: currently at 10.39% Increased capital ratios with CET1 at 11.85%, up 101 bps YoY $1.2 billion to
Slide 18: Financial Overview
Financial Overview BY LISTED NYSE
Slide 19: Total Loan Portfolio and Average Yield
Highlights Total Loan Portfolio and Average Yield Loan Portfolio Trends ($ in millions) Portfolio Composition Total loan portfolio was $7.4 billion at 2Q25, an increase of $306.7 million, or 17.5%(1) from 1Q25; up ~8.5%(1) excluding First Security acquisition $152.9 million in acquired loans added f
Slide 20: Deposit Trends
Deposit Trends ($ in millions) Total deposits were $7.8 billion at 2Q25, an increase of $257.2 million, or 13.7%(1) from 1Q25; up ~6.4%(1) excluding First Security and brokered deposits $279.2 million in deposits from the First Security acquisition Brokered deposits down $130.5 million Deposit mix s
Slide 21: Net Interest Income and Net Interest Margin Trends
Net Interest Income and Net Interest Margin Trends ($ in millions) Net interest income was $96.0 million, up 8.8% from 1Q25 Increase in NII driven by higher loan and securities yields Lower total borrowing and deposit costs Net interest margin of 4.18%, up 11 basis points from 1Q25 Interest Rate Sen
Slide 22: Non-Interest Income Trends
Non-Interest Income Trends ($ in millions) Government Guaranteed Loan Sales $73.0 million of guaranteed loans sold in 2Q25 Non-interest income was $14.5 million, down 2.6% from 1Q25 Non-interest income remained stable QoQ, excluding FV marks on loan servicing asset and equity securities Higher gain
Slide 23: Non-Interest Expense Trends
Non-Interest Expense Trends ($ in millions) (2) Non-interest expense of $59.6 million, up 5.6% from 1Q25, primarily due to merger-related expenses: Salaries and employee benefits Legal, audit and other professional fees Conversion Excluding significant items of $4.9 million, adjusted non-interest ex
Slide 24: 2Q25 Fixed Income Presentation Appendix
2Q25 Fixed Income Presentation Appendix LISTED
Slide 25: Double Leverage and Interest Coverage
Double Leverage and Interest Coverage Double Leverage 0.0% Downstreamed to Bank - Previous Issuance was Not Downstreamed Interest Coverage Note: Annual data as of or for the twelve months ended each respective year; Quarterly data as of or for the three months ended each respective quarter; Dollars
Slide 26: Capital Impact
Capital Impact Capital Impact of Contemplated Transaction $75.0 Million Offering Represents a non-GAAP financial measure. See “Non-GAAP Reconciliation” in the appendix for a reconciliation of non-GAAP measure to the most directly comparable GAAP financial measure.
Slide 27: Granular Deposit Base
Granular Deposit Base Consumer Deposits, $3.1 billion Commercial Deposits, $2.8 billion ~67% of Total Deposits are FDIC Insured …with limited concentration and granular customer base providing a stable source of funding Consumer Deposits(1) $3.7 billion at 6/30/25 Granular Deposit Base ~$30,000 Aver
Slide 28: Strong Liquidity and Securities Portfolio
Represents a non-GAAP financial measure. See “Non-GAAP Reconciliation” in the appendix for a reconciliation of non-GAAP measure to the most directly comparable GAAP financial measure. Strong Liquidity and Securities Portfolio ($ in millions) Liquidity Position Cash and cash equivalents of $218.3 mil
Slide 29: Unguaranteed Government-Guaranteed Exposure
Unguaranteed Government-Guaranteed Exposure Represents 5.8% of Total Loans ($ in millions) ($ in millions) $ Balance % of Portfolio Unguaranteed $390.3 5.3% Guaranteed 84.7 1.2% Total SBA 7(a) Loans $475.0 6.5% Unguaranteed $34.8 0.5% Guaranteed 20.3 0.3% Total USDA Loans $55.1 0.8% ACL/Unguaranteed
Slide 30: Projected Acquisition Accounting Accretion
Projected Acquisition Accounting Accretion Projected Accretion(1) ($ in millions) Projections are updated quarterly, assumes no prepayments and are subject to change.
Slide 31: 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 32: Non-GAAP Reconciliation
Non-GAAP Reconciliation As of or For the Three Months Ended (dollars in thousands, except per share data) June 30, 2025 March 31, 2025 December 31, 2024 September 30, 2024 June 30, 2024 Net income and earnings per share excluding significant items Reported Net Income $ 30,082 $ 28,248 $ 30,320 $ 30,
Slide 33: Non-GAAP Reconciliation (continued)
Non-GAAP Reconciliation (continued) As of or For the Three Months Ended (dollars in thousands) June 30, 2025 March 31, 2025 December 31, 2024 September 30, 2024 June 30, 2024 Adjusted non-interest expense: Non-interest expense $ 59,602 $ 56,429 $ 57,431 $ 54,327 $ 53,210 Less: Merger-related expense
Slide 34: Non-GAAP Reconciliation (continued)
Non-GAAP Reconciliation (continued) As of or For the Three Months Ended (dollars in thousands) June 30, 2025 March 31, 2025 December 31, 2024 September 30, 2024 June 30, 2024 Tangible common stockholders' equity: Total stockholders' equity $ 1,192,416 $ 1,131,078 $ 1,091,497 $ 1,096,312 $ 1,033,014
Slide 35: Non-GAAP Reconciliation (continued)
Non-GAAP Reconciliation (continued) As of or For the Three Months Ended (dollars in thousands, except share and per share data, ratios annualized, where applicable) June 30, 2025 March 31, 2025 December 31, 2024 September 30, 2024 June 30, 2024 Pre-tax pre-provision return on average assets: Pre-tax
Slide 36: Non-GAAP Reconciliation (continued)
Non-GAAP Reconciliation (continued) As of or For the Three Months Ended June 30, 2025 March 31, 2025 December 31, 2024 September 30, 2024 June 30, 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 37: Byline Bancorp, Inc.
BY) Byline Bancorp, Inc.
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