--- title: "Byline Bancorp | 8-K: FY2026 Q1 Revenue: USD 112.4 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/283886917.md" datetime: "2026-04-23T20:18:56.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283886917.md) - [en](https://longbridge.com/en/news/283886917.md) - [zh-HK](https://longbridge.com/zh-HK/news/283886917.md) --- # Byline Bancorp | 8-K: FY2026 Q1 Revenue: USD 112.4 M Revenue: As of FY2026 Q1, the actual value is USD 112.4 M. EPS: As of FY2026 Q1, the actual value is USD 0.83, beating the estimate of USD 0.748. EBIT: As of FY2026 Q1, the actual value is USD -44.65 M. Byline Bancorp, Inc. reported its financial results for the first quarter ended March 31, 2026, with comparisons primarily against the quarter ended December 31, 2025, unless specified otherwise . #### Operational Metrics - **Net Income:** $37.6 million . - **Pre-Tax Pre-Provision Income:** $55.2 million . - **Pre-Tax Pre-Provision Return on Average Assets (PTPP ROAA):** 2.29%, marking the 14th consecutive quarter exceeding 2.00% . - **Return on Average Assets (ROAA):** 1.56% . - **Return on Average Tangible Common Equity (ROTCE):** 13.77% . - **Efficiency Ratio:** 49.78%, an improvement of 54 basis points . - **Non-interest expense / Average assets:** 2.37%, down 10 basis points . - **Net Interest Income:** $99.9 million, representing a decrease of 1.4% from the previous quarter . - **Net Interest Margin (FTE):** 4.34%, stable at 4.33% . #### Segment Revenue - **Total Revenue:** $112.4 million . - **Non-Interest Income:** $12.5 million, which was down from the previous quarter, primarily due to a - $1.9 million downward fair value mark on loan servicing assets and - $1.1 million lower fair value of equity securities; excluding these fair value marks, non-interest income remained stable . - **Fees and service charges on deposits:** increased by 4.3% . #### Operating Costs - **Non-Interest Expense:** $57.2 million, a decrease of 5.3% from the previous quarter . This reduction was driven by a - $2.6 million decrease in salaries and employee benefits, a - $844,000 decrease in legal, audit, and other professional fees, and a - $822,000 decrease in advertising expense . #### Unique Metrics - **Total Assets:** $9.9 billion . - **Total Loans & Leases:** $7.5 billion, down slightly from the previous quarter . - **Total Deposits:** $7.8 billion, an annualized increase of 8.2% from the previous quarter . - **Tangible Common Equity:** $1.1 billion . - **Market Capitalization:** $1.4 billion . - **Loan Originations:** $241.0 million in new loans originated in 1Q26, with commercial banking production at $90.6 million and leasing production at $51.8 million . - **Loan Payoff Activity:** decreased by - $40.8 million from 4Q25 to $319.7 million . - **Average Loan Yield:** 6.84%, down 11 basis points from the previous quarter and 25 basis points year-over-year . - **Average Cost of Deposits:** 1.91%, a decrease of 6 basis points . - **Cost of Interest-Bearing Deposits:** decreased by 13 basis points to 2.48% . - **Common Equity Tier 1 (CET1):** 12.55%, up 22 basis points from the previous quarter and 77 basis points year-over-year . - **Tangible Common Equity to Tangible Assets (TCE/TA):** 11.13%, down 16 basis points from the previous quarter but up 118 basis points year-over-year . - **Tangible Book Value per Common Share (TBV/Share):** $23.79, up 1.5% from the previous quarter and 13.8% year-over-year . - **Share Repurchases:** 318,208 shares of common stock were repurchased during 1Q26 . - **Cash and Cash Equivalents:** $198.4 million, an increase of 33.0% from 4Q25 . - **Available Borrowing Capacity:** $2.4 billion . - **Uninsured Deposits Ratio:** 33.2% . - **Government Guaranteed Loan Sales:** $71.8 million of guaranteed loans were sold in 1Q26 . - **SBA 7(a) Portfolio:** $443.2 million, up 1.8% from 4Q25 . - **ACL/Unguaranteed Loan Balance:** approximately 8.0% . #### Outlook / Guidance Byline Bancorp, Inc.’s growth strategy focuses on gaining market share in commercial banking, targeting lower middle market customers, and growing low-cost deposits to build a stable funding base . The company also plans to leverage acquisition expertise to supplement organic growth . Interest rate sensitivity projections estimate a decline in Net Interest Income (NII) of approximately $10 million or 2.6% if rates decrease by 100 basis points, and approximately $7 million or 1.8% for a 100 basis point ramp decrease over a one-year horizon . ### Related Stocks - [BY.US](https://longbridge.com/en/quote/BY.US.md) ## Related News & Research - [The Home Depot Announces First Quarter Fiscal 2026 Results; Reaffirms Fiscal 2026 Guidance | HD Stock News](https://longbridge.com/en/news/286890512.md) - [Capital City Bank Group posts Q1 2026 investor presentation on website](https://longbridge.com/en/news/286599786.md) - [FS KKR Capital to post investor presentations on website after market close](https://longbridge.com/en/news/286815114.md) - [Athene posts fixed-income investor presentation for May 15, 2025 call](https://longbridge.com/en/news/286560329.md) - [Palomar publishes investor presentation outlining Palomar 2X profit-growth strategy](https://longbridge.com/en/news/287099179.md)