Byline Bancorp, Inc. (BY) SEC Filings & Earnings Calls

Provision for credit losses increased 27.4% YoY to $6.7M, indicating potential credit quality deterioration.

“Provision for credit losses $6,748 vs $5,298 YoY.”

Net charge-offs decreased YoY but remain elevated; ACL ratio increased to 1.51% from 1.42% YoY.

“Net charge-offs $5,846 vs $7,107 YoY; ACL to loans 1.51% vs 1.42% YoY.”

TBVPS declined 1.4% QoQ due to share repurchases and dividends.

“TBVPS $24.14 vs $24.48 QoQ.”

Loss of experienced commercial banking and credit leadership could create execution risk during transition.

“Brogan Ptacin, EVP– Head of Commercial Banking, and Mark Fucinato, EVP – Chief Credit Officer, to Retire After a Combined 25 Years of Service.” · word for word

Internal promotions may lack external perspective; new roles have expanded mandates.

“The Chief Commercial Banking Officer role is a newly created position carrying an expanded mandate across the Bank’s commercial banking platform.” · word for word

Integration risk from merging two banking franchises; regulatory approval required.

“subject to regulatory approvals, the approval of Illinois State Bancorp, Inc.’s shareholders, and the satisfaction of certain other closing conditions” · word for word

Commercial real estate concentration

“CRE loan concentration, as defined in the Federal Register to include owner-occupied and non-owner occupied CRE loans, construction land development and other land loans, multifamily property loans, and loans to finance CRE, construction and land development activities (that are not secured by real estate), as a percentage of Byline Bank's total capital were” · word for word

Office CRE exposure

“CRE office represents 8.7% of our total CRE portfolio as of June 30, 2026” · word for word

Net charge-offs remain manageable but provision increased

“Net charge-offs $4.4M; provision $7.2M up from $5.5M prior quarter”

No material risk identified; routine credit facility amendment.

“No adverse terms disclosed.”

Commercial real estate concentration

“CRE loan concentration, per the Federal Register includes owner-occupied and non-owner occupied CRE loans, construction land development and other land loans, multifamily property loans, and loans to finance CRE, construction and land development activities (that are not secured by real estate), and as a percentage of Byline Bank's total capital was 255.8% a” · word for word

Office CRE exposure

“CRE office represents 9.1% of our total CRE portfolio as of March 31, 2026” · word for word

Non-owner occupied CRE decline

“Non-owner occupied CRE loans were $1.0 billion, or 13.9% of our loan and lease portfolio at March 31, 2026, compared to $1.1 billion, or 14.5% of our loan and lease portfolio at December 31, 2025, a decrease of $50.0 million, or 4.6%.” · word for word

Forward-looking statements caution about risks; no specific risk details in excerpt.

“Standard forward-looking statements disclaimer.”

Concentration in Chicago real estate market

“Many of the loans in our portfolio are secured by real estate. As of December 31, 2025, our real estate loans held for investment include $408.1 million of construction and development loans, $476.1 million of multifamily loans, $1.1 billion of non-owner occupied CRE loans and $281.3 million of residential mortgage loans, with the majority of these real esta”

Regulatory burden upon crossing $10 billion asset threshold

“As of December 31, 2025, we had total consolidated assets of $9.7 billion. Based on our current growth trajectory, we expect that we will exceed $10 billion in total consolidated assets in the future. Upon crossing this threshold, we will become subject to certain laws, regulations and supervisory requirements that apply to depository institution holding com” · word for word

Goodwill impairment risk

“As of December 31, 2025, we had goodwill of $181.9 million, or 14.3% of our total stockholders' equity.” · word for word

Dependence on SBA lending program

“Our SBA lending program is dependent upon the U.S. federal government.”

Cybersecurity and technology risks

“The occurrence of fraudulent activity, breaches or failures of our information security controls, or cybersecurity-related incidents could have a material adverse effect on our business, financial condition, or results of operations.”

Concentration in Chicago real estate market

“Many of the loans in our portfolio are secured by real estate. As of December 31, 2025, our real estate loans held for investment include $408.1 million of construction and development loans, $476.1 million of multifamily loans, $1.1 billion of non-owner occupied CRE loans and $281.3 million of residential mortgage loans, with the majority of these real esta” · word for word

Regulatory burden upon crossing $10 billion asset threshold

“As of December 31, 2025, we had total consolidated assets of $9.7 billion. Based on our current growth trajectory, we expect that we will exceed $10 billion in total consolidated assets in the future. Upon crossing this threshold, we will become subject to certain laws, regulations and supervisory requirements that apply to depository institution holding com” · word for word

Goodwill impairment risk

“As of December 31, 2025, we had goodwill of $181.9 million, or 14.3% of our total stockholders' equity.” · word for word

Dependence on SBA lending program

“Our SBA lending program is dependent upon the U.S. federal government.” · word for word

Cybersecurity and technology risks

“The occurrence of fraudulent activity, breaches or failures of our information security controls, or cybersecurity-related incidents could have a material adverse effect on our business, financial condition, or results of operations.” · word for word

Provision for credit losses increased 41% YoY, indicating potential credit quality deterioration

“Provision for credit losses $9.7M in Q4 2025 vs $6.9M in Q4 2024”

Weakening macroeconomic conditions driving higher credit losses

“The increase in provision for credit losses was mainly due to growth in the loan and lease portfolios and weakening macroeconomic conditions.” · word for word

Commercial real estate concentration in Chicago and Wisconsin

“commercial real estate market conditions in the Chicago metropolitan area and southern Wisconsin” · word for word

Government shutdown impact on SBA loan sales

“As a result of the U.S. government shutdown that began on October 1, 2025, the uncertainty surrounding our government guaranteed lending business may negatively impact our net gain on sales of loans.” · word for word