Short answer
BYLINE BANCORP, INC. (BY) filed its fiscal 2025 10-K annual report with the SEC on Feb 27, 2026. It reported revenue of $572M (+1.1% year over year) and net income of $130M.
- Top risk flagged: Regulatory risk from banking regulators requiring increased provisions for credit losses, potentially reducing net income and capital
FY2025 key financial metrics · XBRL
- Revenue
- $572M
- +1.1% YoY
- Net income
- $130M
- +7.7% YoY
- EPS (diluted)
- $2.89
- +5.1% YoY
- ROE
- 10.3%
- −0.8 pp YoY
- Operating cash flow
- $140M
- −19.9% YoY
Source: XBRL data from the BYLINE BANCORP, INC. (BY) FY2025 10-K on SEC EDGAR. USD.
BYLINE BANCORP, INC. FY2025 10-K analysis
AI summary of each section, grounded in the filing text
Business Overview
- Core business model: Regional commercial banking serving Illinois with deposit, lending, payment, and related financial services
- Emphasis on regulatory compliance updates: extensive focus on new proposed FDIC/OCC rule defining “unsafe or unsound practice” based on material financial impact
- Strategic shift: navigating evolving regulatory environment with FDIC deposit insurance assessments up 2 basis points since 2023, revised CRA rules and Illinois CR Act implementation
- Quantitative metric: No specific financials disclosed, but notes bank asset size under $10B for key regulatory applicability thresholds
- Noteworthy fact: CFPB’s Small Business Lending rule compliance delayed to July 1, 2026, with potential further extension to 2028 and narrowing of scope
Management Discussion & Analysis
- Total loans and leases $7.51B, up $602.5M (8.7%) YoY; commercial & industrial loans grew 13.4% to $3.0B
- Allowance for credit losses $108.8M, up 11.1% from $98.0M; ACL ratio 1.45% vs 1.42% of total loans
- Best performing segment: commercial & industrial loans $3.0B (+13.4%); worst: construction, land development down 16.6% to $408.1M
- Total assets $9.7B, up $156.1M (1.6%); liabilities down $20.3M; deposits up $188.8M (+2.5%); FHLB advances down $235M (-40.9%)
- Management expects 2026 effective tax rate around 25%-27%; no impairment on investment securities despite $121.6M unrealized losses
Risk Factors
- Regulatory risk from banking regulators requiring increased provisions for credit losses, potentially reducing net income and capital
- Geographic concentration risk with $2.27B real estate loans primarily in Chicago metro area, vulnerable to local economic downturns
- Operational reliance on third-party IT vendors for core banking and payment services, with replacement challenges and cost risks
- Competition risk from banks offering higher deposit rates, raising Byline Bancorp’s interest expense and impacting net interest margin
- Liquidity risk due to dependence on Byline Bank dividends limited to $241M without regulatory approval
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