NYSE$BY

Byline Bancorp Inc · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

Reported fourth quarter net income of $29.6 million and diluted earnings per share of $0.68.

Byline Bancorp reported a strong fourth quarter with a net income of $29.6 million, or $0.68 diluted earnings per share. The company experienced an increase in net interest income and positive operating leverage.

  • Net income increased by $20.1 million, or 22.9%.
  • Net interest income increased by $65.3 million, or 24.6%, with NIM up 31 bps to 4.31%.
  • Assets increased by $1.5 billion, driven by organic growth and the Inland acquisition.
  • Adjusted efficiency ratio of 48.64%.

Headline financials

Total Revenue

$101M

Previous: $88.1M+14.5%
EPS (adj)

$0.73

Previous: $0.67+9.0%
Efficiency Ratio

51.6%

Previous: 55.5%-7.0%
Net Interest Margin

4.1%

Previous: 4.4%-7.1%
Return on Average Assets

1.3%

Previous: 1.3%+0.8%
Capital Expenditures

$1.01M

Previous: $304K+230.6%
Net Income

$29.6M

Previous: $24.4M+21.5%
Operating Income

$40M

Previous: $31.7M+26.0%
Stock-Based Comp

$1.79M

Previous: $1.32M+36.0%

Revenue & EPS history

Byline Bancorp · Revenue · Quarterly

$101M

Q4 2023+14.5%vs Q4 2022
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Revenue by segment

Byline Bancorp · $80.7M total across 2 segments · Q4 2021

  • Net Interest Income
    $61.7M
  • Non-Interest Income
    $19M

Forward guidance

Byline Bancorp enters 2024 on solid footing and with great momentum to continue growing the value of its franchise.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2023

Historical avgQ4 2023

+0.9%

Avg return

Earnings day

+0.9%

Avg return

5 days after

+3.3%

Avg return

30 days after

62%

26 / 42 earnings

Positive

+9.3%

Q4 2020

Best reaction

-14.7%

Q1 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.2%-2.0%-0.4%
Q4 2025-2.7%-2.3%+4.5%
Q3 2025+5.7%+1.1%+3.6%
Q2 2025-1.6%+0.8%+5.6%
Q1 2025-0.2%-0.5%+0.8%
Q4 2024+3.1%+3.5%+2.3%
Q3 2024+0.5%+2.6%+19.5%
Q2 2024+2.8%-1.2%-2.1%
Q1 2024+1.6%+1.1%+8.6%
Q4 2023-3.9%-3.5%-9.7%
Q3 2023+0.5%+1.9%+10.0%
Q2 2023+7.7%+5.5%+1.1%
Q1 2023+1.6%-5.1%-4.4%
Q4 2022+6.8%+9.3%+9.0%
Q3 2022+2.6%+0.5%-1.8%
Q2 2022-3.5%-9.7%-11.3%
Q1 2022+0.9%+2.2%+6.9%
Q4 2021-4.3%-2.9%-0.7%
Q3 2021+4.7%+6.5%+8.0%
Q2 2021+7.1%+5.2%+11.5%
Q1 2021+4.0%+5.8%+5.7%
Q4 2020+9.3%+14.7%+35.5%
Q3 2020+3.5%-0.1%+11.0%
Q2 2020+7.3%+6.7%-1.7%
Q1 2020-14.7%-18.1%-7.0%
Q4 2019-1.3%-1.4%-5.1%
Q3 2019-3.2%-3.6%+1.5%
Q2 2019-1.6%+0.2%-10.9%
Q1 2019+1.2%+2.6%-1.8%
Q4 2018+1.9%+6.1%+15.7%
Q3 2018+6.7%+14.1%+8.8%
Q2 2018+0.2%+0.4%+7.2%
Q1 2017-0.6%+2.6%+3.2%
Q1 2018-5.9%-5.9%-2.9%
Q4 2015-1.7%+0.3%-6.1%
Q4 2017+0.9%+0.8%+1.9%
Q3 2016-0.9%-0.6%+7.9%
Q3 2017-2.0%-2.6%-4.1%
Q2 2016+2.3%+2.1%+6.0%
Q1 2016+2.3%+2.1%+6.0%
Q4 2016+2.3%+2.1%+6.0%
Q2 2017-0.7%-2.6%+2.0%

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