Byline Bancorp Inc. (NYSE: BY) shares were up about 0.6 percent in early trading on January 22 after the Chicago-based lender reported fourth-quarter and full-year 2025 results that showed improved net interest income and margin expansion. The stock is trading near $31.70, within a 52-week range of roughly $22.63 to $31.78, reflecting an uptrend from spring lows.
Quarterly Earnings Overview
Byline posted net income of $34.5 million, or $0.76 per diluted share, for the quarter ended Dec. 31, compared with $30.3 million, or $0.69 per share, in the year-ago quarter. Net interest income rose to $101.3 million from $88.5 million a year earlier, driven by higher loan volumes and lower funding costs. Total revenue increased to about $117.0 million from $104.7 million in Q4 2024. The net interest margin widened to about 4.35 percent from 4.01 percent in the prior year, indicating improved profitability on earning assets. Provision for credit losses increased to $9.7 million from $6.9 million, principally due to asset quality pressures. Non-interest income was roughly flat at about $15.8 million, and non-interest expense edged slightly lower versus the prior quarter.
Full-Year Performance
For the full year, Byline reported net income of $130.1 million, or $2.89 per diluted share, up from $120.8 million, or $2.75 per share, in 2024. Full-year net interest income grew to $385.3 million from about $348 million in the prior year, reflecting record revenue for 2025. Total non-interest income increased modestly year-over-year, while non-interest expense rose to $236.9 million, reflecting investment in operations and acquisition-related costs. The year-end net interest margin stood at approximately 4.23 percent, up from about 3.98 percent in 2024. Pre-tax pre-provision net income increased more than 10 percent, underscoring operating leverage.
Balance Sheet and Credit Metrics
Loans grew to about $7.52 billion from roughly $6.91 billion in Q4 2024, with deposits modestly higher year-over-year. Allowance for credit losses rose to about $108.8 million. Non-performing assets increased slightly, though net charge-offs remained subdued. Total assets were roughly $9.7 billion at year-end.
Market Context and Analyst Activity
Byline’s shares have climbed from their 52-week low as investor focus shifted to improved fundamentals and margin expansion. The stock trades near recent highs within its annual range. Analysts maintain a moderate bias, with average price targets centering near the low-to-mid $30s; there were no widely reported upgrades or downgrades tied to today’s results.
Dividend
The board declared a quarterly cash dividend of $0.12 per share, up from $0.10 in the prior quarter.
