BYLINE BANCORP, INC. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data BYLINE BANCORP, INC. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2017	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Selling and marketing	0.62	1.04	1.72	3.4	1.29	1.8	2.83	3.8	4.98	5.64
Interest expense	7.75	13.9	28.3	48.5	24.3	12.5	36.2	149
Pre-tax income	5.48	40.8	55.4	77.3	51.7	124	115	146	161	173
Income tax	-61.2	19.1	14.2	20.3	14.2	31.4	26.7	37.8	40.3	43.2
Net income	66.7	21.7	41.2	57	37.5	92.8	88	108	121	130
EPS, basic	3.31	0.39	1.21	1.51	0.96	2.45	2.37	2.69	2.78	2.90
EPS, diluted	3.27	0.38	1.18	1.48	0.96	2.40	2.34	2.67	2.75	2.89
Shares, basic (weighted)	20.1	27	33.3	37.3	38	37.6	37	40	43.4	44.8
Shares, diluted (weighted)	20.4	27.5	34.2	38	38.3	38.4	37.5	40.4	43.9	45.1
Dividend per share					0.12	0.30	0.36	0.36	0.36	0.40

Balance sheet

	FY2017	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash and equivalents	46.5	58.3	122	80.7	83.4	158	179	226	563	149
Property, plant and equipment	102	95.2	97.7	96.1	86.7	62.5	56.8	66.6	60.5	58
Lease right-of-use assets					0	11.6	11.4	12.5	9.8	9.03
Goodwill	52	54.6	128	148	148	148	148	182	182	182
Intangible assets		16.8	33.4	31.9	24.3	17.2	10.5	21.8	16.4	18.7
Total assets	3,296	3,366	4,943	5,522	6,391	6,696	7,363	8,882	9,497	9,653
Short-term debt				540			0	18.3	11.7	0
Total liabilities	2,913	2,908	4,292	4,772	5,585	5,860	6,597	7,892	8,405	8,385
Paid-in capital	314	392	547	581	587	594	598	710	718	761
Retained earnings	50.9	61.3	103	159	191	272	336	429	534	646
Treasury stock					-1.67	-31.6	-51.1	-49.7	-46.9	-65.9
Other comprehensive income	-7.27	-5.09	-9.5	-0.7	-18	-8.3	-118	-100	-114	-73.1
Shareholders' equity	383	459	651	750	805	836	766	990	1,091	1,268
Total equity	383	459	651	750	805	836	766	990	1,091	1,268
Total liabilities and equity	3,296	3,366	4,943	5,522	6,391	6,696	7,363	8,882	9,497	9,653
Shares outstanding	24.6	29.3	36.3	38.3	38.6	37.7	37.5	43.8	44.5	45.5

Cash flow statement

	FY2017	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Net income	66.7	21.7	41.2	57	37.5	92.8	88	108	121	130
Depreciation and amortization	5.06	5.19	5.58	6.39	6.48	5.99	4.29	4.53	5.03	4.55
Stock-based compensation	0.9	1.5	1.51	1.67	2.58	4.02	5.33	6.72	7.89	9.28
Deferred income tax	-61.5	16.6	15.4	-0.88	-9.1	-0.06	25.6	26.6	-2.55	7.76
Cash from operations	4.24	26.9	79.9	29.3	109	74.4	220	166	175	140
Capital expenditures	-5.95	-2.54	-2.58	-4.27	-3.92	-2.24	-3.63	-3.86	-3.99	-4
Acquisitions	-11.3
Purchases of investments	-558	-53.5	-206	-550	-978	-645	-104	-186	-352	-183
Sales and maturities of investments	95.4	7.92	29.6	124	193	46.8	26.8	11.2	111	80.4
Cash from investing	-302	-61.6	-369	-251	-886	-236	-820	-336	-331	-224
Debt issued						0	0	20	0	0
Stock issued	49.6	76.8	2.54	3.73	3.63	2.14	1.51	1.79	4.52	1.9
Share buybacks				0	-1.67	-28.9	-17.3	0	0	-23.7
Dividends paid				0	-5.71	-11.3	-13.4	-14.6	-15.8	-18.2
Cash from financing	299	46.6	353	180	780	236	621	217	493	-331
Net change in cash	1.65	11.8	63.5	-41.1	2.68	74.5	21.4	46.8	337	-414
Free cash flow	-1.71	24.3	77.4	25	105	72.2	217	162	171	136
Interest paid	6.15	15.3	26	48	25.9	13.1	31.2	129	217	197
Income taxes paid	-0.25	2.85	3.51	19.4	14.4	34.8	28.7	12.2	12.5

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $37.44 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Effective tax rate	25.5%	Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)	11.5%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	1.5%	Net income / average total assets.

Growth

Metric	Value	How it is calculated
Net income growth, 1y	7.7%	Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y	13.9%	Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income CAGR, 5y	28.3%	Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EPS growth, 1y	5.1%	EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y	7.3%	Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS CAGR, 5y	24.7%	Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y	-19.9%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	-14.0%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y	5.2%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Free cash flow growth, 1y	-20.4%	Free cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow CAGR, 3y	-14.3%	Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Free cash flow CAGR, 5y	5.3%	Compound annual growth of free cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Dividend per share growth, 1y	11.1%	Dividend per share vs the same period a year earlier. Only from a positive base.
Dividend per share CAGR, 3y	3.6%	Compound annual growth of dividend per share over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Dividend per share CAGR, 5y	27.2%	Compound annual growth of dividend per share over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y	16.2%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	18.3%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	9.5%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	1.6%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	9.4%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	8.6%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	2.8%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	6.3%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	3.3%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Liabilities / assets	86.9%	Total liabilities / total assets.
Goodwill and intangibles / assets	2.0%	(Goodwill + intangible assets) / total assets.
Tangible book value	$1.11B	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
FCF conversion	108.6%	Free cash flow / net income, when net income is positive.
Capex / operating cash flow	1.4%	Capital expenditures / cash from operations, when that is positive.

Per share

Metric	Value	How it is calculated
EPS, diluted	$3.34	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
FCF per share	$3.62	Free cash flow / diluted weighted shares.
Operating cash flow per share	$3.68	Cash from operations / diluted weighted shares.
Book value per share	$28.86	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$24.48	Tangible book value / shares outstanding.
Cash per share	$4.28	(Cash + short-term investments) / shares outstanding.
Payout ratio	13.4%	Dividends paid / net income, when net income is positive.
Dividends / FCF	12.4%	Dividends paid / free cash flow, when free cash flow is positive.
Buybacks / FCF	17.7%	Share buybacks / free cash flow, when free cash flow is positive.

Valuation

Metric	Value	How it is calculated
Market cap	$1.69B	Share price x shares outstanding.
Enterprise value	$1.50B	Market cap + total debt - cash - short-term investments.
P/E	11.3x	Market cap / net income. Only when net income is positive.
P/B	1.30x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	1.53x	Market cap / tangible book value, when positive.
P/FCF	10.4x	Market cap / free cash flow. Only when free cash flow is positive.
P/OCF	10.3x	Market cap / cash from operations, when positive.
EV/FCF	9.23x	Enterprise value / free cash flow, when both are positive.
FCF yield	9.6%	Free cash flow / market cap.
Earnings yield	8.8%	Net income / market cap (the inverse of P/E).
Dividend yield	1.2%	Dividends paid over the period / market cap.
Shareholder yield	2.9%	(Dividends paid + share buybacks) / market cap.
PEG	1.55x	P/E / EPS growth per year over 3 years (in percent). Only when both are positive.

Was BYLINE BANCORP, INC. profitable in fiscal 2025?

Yes. Net income was $130.1M, a net margin of -.

How much free cash flow did BYLINE BANCORP, INC. generate in fiscal 2025?

Cash from operations of $140.3M minus capital expenditures of $4.0M left free cash flow of $136.3M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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