Byline Bancorp (NYSE:BY) exceeded revenue expectations in Q2 CY2025, with sales up 11.2% year on year to $110.5 million. Non-GAAP profit of $0.75 per share was 12.5% above analysts’ consensus estimates. Net Interest Income beat estimates by 4.5%, Net Interest Margin increased by 19 basis points, and Efficiency Ratio beat estimates by 1.1 percentage points. CEO Roberto R. Herencia is pleased with the company’s strategic execution, citing the successful acquisition of First Security Bancorp. Byline Bancorp is the fifth most active Small Business Administration lender in the country, with revenue growth at 9.3% annually over the last five years.
Tangible Book Value Per Share (TBVPS) grew at a solid 6.9% annually over the last five years for Byline Bancorp. Recent growth accelerated to 11.2% annually over the last two years. Consensus estimates project TBVPS to grow by 10.6% to $23.85 over the next 12 months. The company’s revenue growth of 11.2% in Q2 exceeded expectations, with net interest income comprising 81.8% of total revenue over the last five years. Byline Bancorp’s stock price remained flat at $27.10 post-reporting. For a full research report on the investment opportunity with Byline Bancorp, visit the provided link.
Read more at Barchart: Byline Bancorp’s (NYSE:BY) Q2: Strong Sales
