Company Quick10K Filing
Byline Bancorp
10-K 2019-12-31 Filed 2020-03-12
10-Q 2019-09-30 Filed 2019-11-08
10-Q 2019-06-30 Filed 2019-08-08
10-Q 2019-03-31 Filed 2019-05-09
10-K 2018-12-31 Filed 2019-03-15
10-Q 2018-09-30 Filed 2018-11-13
10-Q 2018-06-30 Filed 2018-08-13
10-Q 2018-03-31 Filed 2018-05-11
10-K 2017-12-31 Filed 2018-03-30
10-Q 2017-09-30 Filed 2017-11-14
10-Q 2017-06-30 Filed 2017-08-14
8-K 2020-02-26 Regulation FD, Exhibits
8-K 2020-01-27 Regulation FD, Exhibits
8-K 2020-01-24 Regulation FD, Exhibits
8-K 2020-01-23 Earnings, Exhibits
8-K 2019-12-13 Regulation FD, Exhibits
8-K 2019-12-12 Other Events, Exhibits
8-K 2019-10-30 Other Events, Exhibits
8-K 2019-10-25 Regulation FD, Exhibits
8-K 2019-10-24 Earnings, Exhibits
8-K 2019-10-10
8-K 2019-08-30 Other Events, Exhibits
8-K 2019-07-29 Regulation FD, Exhibits
8-K 2019-07-26 Regulation FD, Exhibits
8-K 2019-07-25 Earnings, Exhibits
8-K 2019-06-07 Shareholder Vote
8-K 2019-06-07 Officers, Exhibits
8-K 2019-05-13 Officers, Exhibits
8-K 2019-05-03 Regulation FD, Exhibits
8-K 2019-04-26 Regulation FD, Exhibits
8-K 2019-04-25 Earnings, Exhibits
8-K 2019-04-02 Officers, Exhibits
8-K 2019-01-25 Regulation FD, Exhibits
8-K 2019-01-24 Earnings, Exhibits
8-K 2019-01-09 Other Events, Exhibits
8-K 2018-11-05 Regulation FD, Exhibits
8-K 2018-10-26 Regulation FD, Exhibits
8-K 2018-10-25 Earnings, Exhibits
8-K 2018-10-17 Exhibits
8-K 2018-10-11 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-09-28 Officers, Exhibits
8-K 2018-07-30 Regulation FD, Exhibits
8-K 2018-07-27 Regulation FD, Exhibits
8-K 2018-07-26 Earnings, Exhibits
8-K 2018-07-11 Regulation FD, Exhibits
8-K 2018-06-13 Regulation FD, Exhibits
8-K 2018-06-05 Shareholder Vote
8-K 2018-05-31 M&A, Officers, Regulation FD, Exhibits
8-K 2018-05-14 Regulation FD, Exhibits
8-K 2018-04-30 Officers
8-K 2018-04-27 Regulation FD, Exhibits
8-K 2018-04-23 Earnings, Officers, Exhibits
8-K 2018-04-18 Shareholder Vote, Other Events, Exhibits
8-K 2018-04-12 Regulation FD, Exhibits
8-K 2018-01-26 Regulation FD, Exhibits
8-K 2018-01-25 Earnings, Exhibits
8-K 2018-01-16 Regulation FD, Exhibits

Byline Bancorp Financials

BY Metrics, Comps, Filings

Quarterly | Annual

Business

Byline Bancorp, Inc., headquartered in Chicago, Illinois, is a bank holding company and we conduct all our business activities through our subsidiary, Byline Bank, a full service commercial bank, and Byline Bank's subsidiaries. The words "the Company," "we," "Byline," "our" and "us" refer to Byline Bancorp, Inc. and its consolidated subsidiaries, unless we indicate otherwise.

Through Byline Bank, we offer a broad range of banking products and services to small and medium sized businesses, commercial real estate and financial sponsors and to consumers who generally live or work near our branches. In addition to our traditional commercial banking business, we provide small ticket equipment leasing solutions through Byline Financial Group, a wholly-owned subsidiary of Byline Bank, headquartered in Bannockburn, Illinois with sales offices in Illinois and New York, and sales representatives in Illinois, Michigan, New Jersey, and New York. Following our acquisition of Ridgestone Financial Services, Inc. ("Ridgestone") in October 2016, we also participate in U.S. government guaranteed lending programs and originate U.S. government guaranteed loans. Byline Bank was the fifth most active originator of SBA loans in the country and the most active SBA lender in Illinois and Wisconsin, as reported by the SBA for the quarter ended December 31, 2018. Following our acquisition of First Evanston Bancorp, Inc. ("First Evanston") and its subsidiary bank, First Bank & Trust, at the end of May 2018, we also provide trust and wealth management services to our customers. As of December 31, 2018, we had consolidated total assets of $4.9 billion, total gross loans and leases outstanding of $3.5 billion, total deposits of $3.7 billion, and total stockholders' equity of $650.7 million.

On October 14, 2016, we completed the acquisition of Ridgestone Financial Services, Inc., under the terms of a definitive merger agreement. As of the acquisition date, Ridgestone had $447.4 million in assets, including $347.3 million of loans, $14.7 million of loans held for sale, $27.2 million of securities, $21.5 million of servicing assets and total deposits of $358.7 million. Ridgestone's loan portfolio was primarily comprised of the retained unguaranteed portion of U.S. government guaranteed loans as a participant in the SBA and USDA (together, "U.S. government guaranteed") lending programs.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Quarterly)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Quarterly)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Origin Bancorp (OBNK) 793 4.1 1% 5,397 4,809 0 0 54 118 484
Carolina Financial (CARO) 797 6.6 2% 3,980 3,358 0 0 62 115 763
ConnectOne Bancorp (CNOB) 778 6.4 1% 6,161 5,441 0 0 71 173 1,098
HomeStreet (HMST) 732 6.0 0% 6,836 6,145 0 0 22 131 782
Community Trust Bancorp (CTBI) 756 6.3 1% 4,338 3,732 0 0 49 85 534
Triumph Bancorp (TBK) 847 4.9 1% 5,040 4,406 0 0 60 149 732
Bryn Mawr Bank (BMTC) 743 5.4 1% 4,829 4,228 0 0 60 121 649
Univest of Pennsylvania (UVSP) 749 5.4 1% 5,354 4,689 0 0 69 127 683
German American Bancorp (GABC) 844 9.1 1% 4,356 3,793 0 0 54 93 844
National Commerce (NCOM) 740 6.4 1% 4,205 3,508 0 0 45 82 523
Trustco Bank N Y (TRST) 792 4.0 1% 5,222 4,696 0 0 44 85 342
Oritani Financial (ORIT) 813 0% 9.7 1% 3,990 3,460 2 0 51 126 1,212
Horizon Bancorp (HBNC) 781 5.6 1% 5,187 4,544 0 0 61 123 690
Byline Bancorp (BY) 734 4.7 1% 5,438 4,702 0 0 58 134 625
Allegiance Bancshares (ABTX) 725 4.5 1% 4,906 4,200 0 0 39 94 425
CBTX (CBTX) 706 5.0 2% 3,432 2,906 0 0 52 83 417
Banc of California (BANC) 715 0% 1.9 0% 8,625 7,724 3 0 21 194 371
Camden National (CAC) 692 4.9 1% 4,520 4,049 0 0 56 116 564
Live Oak Bancshares (LOB) 746 6.3 0% 4,604 4,075 0 0 11 118 746
Hanmi Financial (HAFC) 660 3.9 1% 5,528 4,953 0 0 41 132 509

Balance Sheet ($MM)2017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash8062581281531451228289109
Accounts Receivable
Inventory
PP&E9996959410710798979796
Assets3,3603,3053,3663,4624,8054,9174,9435,0105,3915,438
Accounts Payable
Long-Term Debt
Liabilities2,9122,8462,9082,9994,1894,2884,2924,3414,6744,702
Stockholders' Equity448460459463616630651669718736
Income Statement ($MM)2017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue
Cost of Revenue
Gross Profit
R&D
SG&A000001111
Tax411213565126
Net Income610-1731517131315
Cash Flow ($MM)2017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating-2-10301614-2321
Cash Investing-44-43-58-125-1135-27
Cash Financing295097101602626