Byline Bancorp's Q4 net income rises 7.7% yr/yr

Overview

• U.S. commercial bank's Q4 net income rose 7.7% yr/yr

• Net interest income for Q4 increased by 1.4% from Q3

• Company declared a 20% increase in quarterly dividend to $0.12 per share

Outlook

• Company focuses on consistent execution of strategy in 2026

• Byline Bancorp aims to drive profitable growth in 2026

Result Drivers

• NET INTEREST INCOME - Increased 1.4% qtr/qtr due to lower deposit rates and redemption of subordinated notes, offset by lower loan yields

• CREDIT LOSS PROVISION - Increased by $4.4 mln from Q3 due to higher non-performing loans and leases

• NON-INTEREST INCOME - Slight decrease due to lower net gains on loan sales, offset by higher other non-interest income and increases in fair value of equity securities

• to $0.12 per share

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the banks peer group is "buy"

• Wall Street's median 12-month price target for Byline Bancorp Inc is $35.00, about 10.8% above its January 21 closing price of $31.59

• The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nBw8Wj18ga

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