Byline Bancorp to Announce Q2 2026 Financial Results on July 23

Deep News
Jul 09

Byline Bancorp Inc. (BY) has scheduled the release of its second quarter 2026 financial results for Thursday, July 23, 2026, after the market closes.

A conference call and webcast to discuss the performance will be held the following day, Friday, July 24, at 9:00 a.m. Central Time, which will include a question-and-answer session for analysts and investors.

Headquartered in Chicago, Byline Bancorp is the parent company of Byline Bank, a full-service commercial bank serving small and medium-sized businesses, financial sponsors, and consumers.

As of March 31, 2026, Byline Bank reported assets of approximately $9.9 billion and operated 44 branches across the Chicago and Milwaukee metropolitan areas.

The bank offers a comprehensive suite of commercial and community banking products and services, including small-ticket equipment leasing solutions, and is recognized as one of the top U.S. Small Business Administration lenders.

In its most recent first-quarter report, the company posted net income of $37.6 million, with diluted earnings per share of $0.83, surpassing market expectations of $0.75.

Net interest income for the quarter was $99.9 million, with a stable net interest margin of 4.33%. Total deposits grew to $7.8 billion, with the cost of deposits improving to 1.91%.

The core tier 1 capital ratio was approximately 12.5%. During the quarter, the company repurchased about 318,000 shares and paid a quarterly dividend of $0.12 per share, returning approximately 40% of its quarterly net income to shareholders.

Raymond James recently initiated coverage on Byline Bancorp with a Market Perform rating, noting the bank's established business model focused on commercial and industrial lending in the Chicago market, a strong capital base, and a favorable long-term outlook.

The stock has risen approximately 27% over the past six months, closing at $36.60 as of July 8, with a 52-week trading range between $25.38 and $38.83.

Market consensus estimates for the company's second-quarter earnings are approximately $0.78 per share.

Investors will be closely monitoring whether the actual net interest income falls within management's guidance range of $99 million to $101 million, as well as the progress toward achieving the full-year goal of mid-single-digit loan growth.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10