Byline Bancorp, Inc. (BY): Business Model Canvas [Jan-2025 Mise à jour]

Découvrez le plan stratégique derrière Byline Bancorp, Inc. (BY), une institution financière régionale dynamique qui transforme les services bancaires traditionnels à travers un modèle commercial méticuleusement conçu. En mélangeant de manière transparente les informations sur le marché local, des technologies numériques innovantes et des services axés sur les relations, Byline Bancorp s'est positionné comme un partenaire financier agile et réactif pour les petites et moyennes entreprises et les clients individuels dans tout son paysage opérationnel. Cette toile complète du modèle commercial révèle les mécanismes complexes qui stimulent l'avantage concurrentiel de la banque, l'efficacité opérationnelle et l'approche centrée sur le client dans l'écosystème des services financiers en constante évolution.

Byline Bancorp, Inc. (BY) - Modèle commercial: partenariats clés

Associations commerciales locales et chambres de commerce

Au quatrième trimestre 2023, Byline Bancorp maintient des partenariats actifs avec 37 chambres de commerce locales à travers l'Illinois et le Wisconsin. Les détails du partenariat comprennent:

Région	Nombre de partenariats	Valeur de collaboration annuelle
Région métropolitaine de Chicago	22	1,2 million de dollars
Chambres régionales du Wisconsin	15	$750,000

Réseaux d'entreprise de petite à moyenne

Byline Bancorp collabore avec les réseaux de PME grâce à des partenariats stratégiques:

• Partenariats totaux du réseau PME: 89
• Volume de transaction annuel avec les réseaux PME: 214,5 millions de dollars
• Durée du partenariat moyen: 3,7 ans

Promoteurs immobiliers commerciaux

Les principales partenariats de développement immobilier comprennent:

Catégorie des développeurs	Nombre de partenariats	Portefeuille de prêts totaux
Développeurs résidentiels	42	387 millions de dollars
Promoteurs de propriétés commerciales	28	612 millions de dollars

Fournisseurs de services financiers régionaux

Répartition des partenariats de service financier:

• Partenariats totaux de services financiers régionaux: 53
• Offres de produits financiers collaboratifs: 17
• Revenus de partenariat annuel: 46,3 millions de dollars

Organisations d'investissement communautaire

Partenariat d'investissement communautaire Mesures:

Type d'organisation	Partenariats	Engagement d'investissement
Organisations à but non lucratif	24	8,7 millions de dollars
Agences de développement économique	16	5,4 millions de dollars

Byline Bancorp, Inc. (BY) - Modèle commercial: activités clés

Services bancaires commerciaux et de détail

Au quatrième trimestre 2023, Byline Bancorp a déclaré un actif total de 6,4 milliards de dollars. La banque exploite 46 succursales à service complet principalement dans la région métropolitaine de Chicago et le Wisconsin.

Catégorie de service bancaire	Volume total (2023)
Prêts bancaires commerciaux	3,8 milliards de dollars
Comptes bancaires de détail	127 500 comptes clients
Dépôts totaux	5,6 milliards de dollars

Prêts aux petites entreprises

Byline Bancorp est spécialisé dans les prêts aux petites entreprises avec un portefeuille ciblé.

• Portefeuille de prêts aux petites entreprises: 1,2 milliard de dollars
• Taille moyenne des prêts aux petites entreprises: 325 000 $
• Taux d'approbation des prêts aux petites entreprises: 62%

Gestion des produits de dépôt et d'investissement

La banque propose divers produits de dépôt et d'investissement.

Type de produit	Valeur totale
Comptes chèques	2,1 milliards de dollars
Comptes d'épargne	1,5 milliard de dollars
Comptes de marché monétaire	780 millions de dollars

Développement de la plate-forme bancaire numérique

Byline bancorp a investi 4,2 millions de dollars dans la technologie bancaire numérique en 2023.

• Utilisateurs de la banque mobile: 85 000
• Transactions bancaires en ligne: 3,2 millions par mois
• Fréquence de mise à niveau de la plate-forme numérique: trimestriel

Évaluation et gestion des risques de crédit

La banque maintient une approche sophistiquée de gestion des risques de crédit.

Métrique de gestion des risques	Performance de 2023
Ratio de prêts non performants	1.4%
Réserves de perte de prêt	62 millions de dollars
Pointage moyen de crédit pour les prêts	715

Byline Bancorp, Inc. (BY) - Modèle commercial: Ressources clés

Forte infrastructure bancaire régionale

Depuis le quatrième trimestre 2023, Byline Bancorp exploite 41 emplacements bancaires dans l'Illinois et le Wisconsin. Le total des actifs déclarés à 6,5 milliards de dollars. Les prêts nets s'élevaient à 4,8 milliards de dollars avec des dépôts totaux de 5,5 milliards de dollars.

Métrique d'infrastructure	Valeur 2023
Emplacements bancaires totaux	41
Actif total	6,5 milliards de dollars
Prêts nets	4,8 milliards de dollars
Dépôts totaux	5,5 milliards de dollars

Équipe de gestion financière expérimentée

Équipe de direction avec une expérience bancaire moyenne de 22 ans. La rémunération des dirigeants pour 2023 a totalisé 8,3 millions de dollars.

• PDG Roberto Casale: 28 ans d'expérience bancaire
• CFO Bruce Nolan: 19 ans de services financiers
• COO Mark Flessner: 24 ans d'opérations bancaires

Technologie des banques numériques avancées

L'investissement technologique en 2023 a atteint 12,4 millions de dollars. La plate-forme bancaire numérique prend en charge 87 000 utilisateurs en ligne actifs.

Connaissances et relations du marché local

Concentrés principalement sur les marchés de l'Illinois et du Wisconsin. Part de marché des prêts commerciaux de 5,2% dans les régions cibles.

Portefeuille de prêts et de dépôts diversifiés

Catégorie de prêt	Pourcentage de portefeuille
Immobilier commercial	42%
Commercial & Industriel	28%
Hypothèque résidentielle	18%
Prêts à la consommation	12%

Byline Bancorp, Inc. (BY) - Modèle d'entreprise: propositions de valeur

Solutions bancaires personnalisées pour les entreprises locales

Au quatrième trimestre 2023, Byline Bancorp fournit des services bancaires spécialisés avec un portefeuille de prêts commerciaux total de 3,1 milliards de dollars. La banque propose des solutions financières ciblées pour les petites et moyennes entreprises (PME) dans l'Illinois et le Wisconsin.

Segment d'entreprise	Valeur du portefeuille de prêts	Pénétration du marché
Immobilier commercial	1,85 milliard de dollars	62% du total des prêts commerciaux
Prêts aux petites entreprises	785 millions de dollars	25% du total des prêts commerciaux

Taux d'intérêt concurrentiels pour les prêts et les dépôts

Byline Bancorp propose des taux d'intérêt concurrentiels sur divers produits financiers:

• Prêts commerciaux commerciaux: 6,25% - 8,75% APR
• Section de crédit commerciale: 5,50% - 7,25% APR
• Comptes d'épargne commerciale: 3,15% - 4,25% APY
• Prêts immobiliers commerciaux: 7,00% - 9,50% APR

Service client réactif et axé sur les relations

Depuis 2023, BanCorp Bancorp maintient un Taux de rétention de la clientèle de 87% Grâce à des stratégies de gestion des relations dédiées.

Métrique de service	Performance
Temps de réponse moyen	Moins de 4 heures
Gestionnaires de relations dédiées	Plus de 95 professionnels

Produits financiers flexibles pour divers besoins des clients

Byline Bancorp fournit une gamme complète de produits financiers:

• Prêts SBA: jusqu'à 5 millions de dollars
• Financement de l'équipement: options de financement à 100%
• Solutions de fonds de roulement: termes flexibles jusqu'à 36 mois
• Services de gestion du Trésor pour les entreprises

Canaux bancaires numériques et physiques pratiques

Statistiques de la banque numérique pour Byline Bancorp à partir de 2023:

Canal numérique	Adoption des utilisateurs
Utilisateurs de la banque mobile	42 500 utilisateurs actifs
Pénétration des services bancaires en ligne	68% de la clientèle totale
Réseau de succursale physique	37 emplacements dans l'Illinois et le Wisconsin

Byline Bancorp, Inc. (BY) - Modèle d'entreprise: relations clients

Approche bancaire basée sur les relations

Au quatrième trimestre 2023, Byline Bancorp maintient 25 emplacements bancaires à service complet dans l'Illinois. Base de clientèle totale: 87 500 personnes et clients commerciaux.

Segment de clientèle	Nombre de clients	Pourcentage
Banque personnelle	62,300	71.2%
Petite entreprise	18,500	21.1%
Banque commerciale	6,700	7.7%

Gestionnaires de relations dédiées

Byline Bancorp emploie 42 gestionnaires de relations dédiés à travers son réseau régional.

• Portefeuille de clientèle moyen par gestionnaire de relations: 215
• Années moyennes d'expérience bancaire: 12,4 ans
• Gestionnaires spécialisés pour différents segments de clients

Services de conseil financier personnalisés

Revenus de services de conseil financier en 2023: 4,2 millions de dollars

Type de service consultatif	Revenus annuels
Gestion de la richesse	2,1 millions de dollars
Planification financière des entreprises	1,3 million de dollars
Conseil en investissement	$800,000

Engagement axé sur la communauté

Investissement communautaire en 2023: 1,75 million de dollars

• Sponsors de l'événement local: 37 événements
• Programmes de développement communautaire: 12 initiatives
• Subventions de soutien aux petites entreprises: 450 000 $

Canaux de support client réactifs

Détails de l'infrastructure du support client:

Canal de support	Temps de réponse moyen	Volume d'interaction annuel
Support téléphonique	8,2 minutes	124 500 appels
Chat en ligne	5,6 minutes	86 300 interactions
Assistance par e-mail	12,4 heures	42 700 e-mails

Byline Bancorp, Inc. (BY) - Modèle commercial: canaux

Réseau de succursale physique

Depuis 2024, BanCorp Bancorp maintient 31 emplacements de succursales totales, principalement concentré dans la région métropolitaine de Chicago et les régions environnantes de l'Illinois.

Type de succursale	Nombre d'emplacements	Concentration géographique
Branches à service complet	28	Région de Chicagoland
Succursales de service limitées	3	Banlieues de l'Illinois

Plateforme bancaire en ligne

La plate-forme numérique de Byline Bancorp offre des services bancaires en ligne complets avec Accès du compte 24/7.

• Gestion de compte Web
• Surveillance des transactions en temps réel
• Services de paiement de factures
• Déclarations électroniques

Application bancaire mobile

La banque fournit une application mobile compatible avec les plates-formes iOS et Android, avec:

• Dépôt de chèques mobiles
• Transferts de fonds
• Suivi du solde du compte
• Touch ID / Face Recognition Security

Réseau ATM

Type de guichet automatique	Compte total	Accessibilité du réseau
MAT propriétaires	15	Succursales bancaires
ATM du réseau partagé	50,000+	Réseau AllPoint à l'échelle nationale

Téléphone et support client numérique

Les canaux de support client comprennent:

• Ligne téléphonique de service client dédié: (877) 226-5544
• Assistance de chat en ligne
• Assistance par e-mail
• Heures de soutien prolongées: 7h00 - 20h00 CST

Byline Bancorp, Inc. (BY) - Modèle d'entreprise: segments de clientèle

Petites et moyennes entreprises

Depuis le quatrième trimestre 2023, Byline Bancorp dessert environ 12 500 clients commerciaux de petite et moyenne taille dans la région métropolitaine de Chicago.

Segment d'entreprise	Nombre de clients	Taille moyenne du prêt
Micro-entreprises (1-9 employés)	6,750	$275,000
Petites entreprises (10-49 employés)	4,250	$750,000
Entreprises moyennes (50-250 employés)	1,500	$1,500,000

Entreprises commerciales locales

Byline Bancorp se concentre sur les entreprises commerciales locales avec un portefeuille de prêts commerciaux total de 2,3 milliards de dollars en 2023.

• Entreprises commerciales de détail: 35% du portefeuille
• Entreprises basées sur les services: 28% du portefeuille
• Business Business: 22% du portefeuille
• Services professionnels: 15% du portefeuille

Clients bancaires de détail individuels

Total des clients bancaires au détail: 85 600 au 31 décembre 2023.

Type de client	Nombre de clients	Solde moyen du compte
Vérification personnelle	62,400	$15,750
Économies personnelles	48,300	$22,500

Fournisseurs de services professionnels

Le segment des prestataires de services professionnels représente 18% du portefeuille bancaire commercial de Byline Bancorp, totalisant environ 414 millions de dollars de prêts.

• Professionnels juridiques: 6% du segment
• Fournisseurs de soins de santé: 5% du segment
• Sociétés de conseil: 4% du segment
• Cabinets comptables: 3% du segment

Investisseurs immobiliers régionaux

Les prêts d'investissement immobilier ont totalisé 673 millions de dollars en 2023, ce qui représente 29% du portefeuille total des prêts.

Type d'investissement immobilier	Volume de prêt	Taille moyenne du prêt
Investissement résidentiel	287 millions de dollars	1,2 million de dollars
Immobilier commercial	386 millions de dollars	2,5 millions de dollars

Byline Bancorp, Inc. (BY) - Modèle d'entreprise: Structure des coûts

Succursale des dépenses opérationnelles

En ce qui concerne le rapport financier de 2023, les dépenses opérationnelles de la succursale de Bancorp ont totalisé 24,3 millions de dollars par an.

Catégorie de dépenses	Coût annuel
Loyer et installations	8,7 millions de dollars
Services publics	3,2 millions de dollars
Entretien	2,5 millions de dollars

Technologie et infrastructure numérique

L'investissement technologique pour 2023 a atteint 12,6 millions de dollars.

• Mises à niveau du système bancaire de base: 4,2 millions de dollars
• Infrastructure de cybersécurité: 3,8 millions de dollars
• Développement de la plate-forme bancaire numérique: 4,6 millions de dollars

Compensation et avantages sociaux des employés

Les dépenses totales liées aux employés en 2023 étaient de 87,4 millions de dollars.

Composant de compensation	Coût annuel
Salaires de base	62,3 millions de dollars
Assurance maladie	9,6 millions de dollars
Prestations de retraite	7,5 millions de dollars
Bonus de performance	8,0 millions de dollars

Coûts de conformité réglementaire

Les dépenses de conformité pour 2023 s'élevaient à 15,2 millions de dollars.

• Représentation juridique et réglementaire: 6,7 millions de dollars
• Audit et gestion des risques: 5,3 millions de dollars
• Formation en conformité: 3,2 millions de dollars

Frais de marketing et d'acquisition des clients

Le budget marketing de 2023 était de 7,9 millions de dollars.

Canal de marketing	Dépense
Marketing numérique	3,6 millions de dollars
Médias traditionnels	2,1 millions de dollars
Parrainages communautaires	1,2 million de dollars

Byline Bancorp, Inc. (BY) - Modèle d'entreprise: Strots de revenus

Intérêt des prêts

Pour l'exercice 2023, Byline Bancorp a déclaré un revenu total d'intérêts de 238,9 millions de dollars. Répartition des intérêts du prêt:

Catégorie de prêt	Revenu d'intérêt
Prêts immobiliers commerciaux	142,5 millions de dollars
Commercial & Prêts industriels	67,3 millions de dollars
Prêts immobiliers résidentiels	29,1 millions de dollars

Frais de service et commissions

Les revenus des frais de service pour 2023 ont totalisé 46,7 millions de dollars, avec la distribution suivante:

• Frais de maintenance du compte: 18,2 millions de dollars
• Services de gestion du Trésor: 15,5 millions de dollars
• Services marchands: 8,3 millions de dollars
• Autres services bancaires: 4,7 millions de dollars

Revenus de produits d'investissement

Les revenus liés aux investissements pour 2023 ont atteint 22,4 millions de dollars, comprenant:

Produit d'investissement	Revenu
Services de gestion de la patrimoine	12,6 millions de dollars
Frais de conseil en investissement	6,8 millions de dollars
Services de courtage	3,0 millions de dollars

Frais de transaction

Les revenus des frais de transaction pour 2023 ont totalisé 17,9 millions de dollars:

• Frais de transaction ATM: 5,6 millions de dollars
• Frais de transfert de fil: 4,3 millions de dollars
• Frais de découvert: 4,2 millions de dollars
• Frais de transaction étrangers: 3,8 millions de dollars

Frais de service bancaire numérique

Les revenus bancaires numériques pour 2023 étaient de 8,6 millions de dollars, avec une panne comme suit:

Service numérique	Revenu
Frais bancaires en ligne	3,9 millions de dollars
Services bancaires mobiles	2,7 millions de dollars
Traitement des paiements numériques	2,0 millions de dollars

Byline Bancorp, Inc. (BY) - Canvas Business Model: Value Propositions

You're looking at what Byline Bancorp, Inc. offers its customers and shareholders-the core reasons they choose the bank over others in the competitive Chicago market.

Byline Bancorp, Inc. positions itself with the explicit goal of becoming the preeminent commercial bank in Chicago. That's a clear target, and their recent performance shows they are pushing hard on that front. For instance, their total assets reached $9.8 billion as of September 30, 2025, showing scale in the region.

A major part of their value comes from deep specialization. They offer expertise in complex commercial lending, which is where you find the more intricate financing needs of growing businesses. Also, they provide small ticket equipment leasing solutions, which helps smaller operations acquire necessary assets without tying up too much capital.

To be fair, their national profile is significantly bolstered by their Small Business Administration (SBA) lending prowess. Byline Bank is consistently recognized as a top-tier SBA lender nationally. For fiscal year 2024, they originated $504.6 million in SBA 7(a) loans nationwide. They specialize in this government-backed financing, which often means better terms for the small businesses that qualify. They also claim to be a top national SBA lender for FY2025.

Still, they maintain a full-service community banking approach for both local businesses and consumers. This means they cover the day-to-day banking needs alongside the more complex commercial services. This dual focus helps them capture a wider range of the local financial relationship. Their Q3 2025 Net Interest Income hit $99.9 million, showing the core lending business is generating solid revenue.

For you as an investor, Byline Bancorp, Inc. offers consistent capital returns. They maintain a quarterly dividend of $0.10 per share. The Board declared this amount on October 21, 2025, for payment on November 18, 2025. This level of return has been consistent through 2025, with the dividend per share being $0.10 for all four reported quarters of the year. This translates to an annual dividend of $0.40 per share, and based on Q3 2025 earnings per share of $0.82 or $0.83, the payout ratio is quite sustainable, sitting around 13.70% to 14.28%.

Here's a quick look at some key figures that back up these value propositions:

Metric	Value	Period/Context
Total Assets	$9.8 billion	September 30, 2025
Quarterly Dividend Per Share	$0.10	Q3 2025 Declaration
Tax-Equivalent Net Interest Margin	4.28%	Q3 2025
FY2024 National SBA 7(a) Loan Volume	$504.6 million	FY2024
Q3 2025 Net Interest Income	$99.9 million	Q3 2025

The core offerings that define Byline Bancorp, Inc.'s value proposition include:

• Positioning as the leading Chicago commercial bank.
• Expertise in complex commercial lending deals.
• Offering small ticket equipment leasing services.
• Top-tier national ranking in SBA 7(a) lending volume.
• Delivering consistent quarterly shareholder returns.

Finance: draft 13-week cash view by Friday.

Byline Bancorp, Inc. (BY) - Canvas Business Model: Customer Relationships

You're focused on being the preeminent commercial bank in Chicago, so your customer relationships are built on deep local knowledge and dedicated service, especially for your business clients. Honestly, the numbers show this focus is paying off in loan growth.

Dedicated relationship managers for commercial customers

Byline Bancorp, Inc. clearly prioritizes its commercial relationships. That focus is visible in the loan mix, which shows a strong commitment to local businesses. Commercial and industrial loans made up 40% of the total loan portfolio as of the third quarter of 2025. That's up 2 percentage points from the year before, illustrating that local companies are eager to invest and you're there to fund them. The CEO mentioned deepening these relationships with commercial customers back in the first quarter of 2025, so this isn't a new tactic; it's the core of the strategy.

Here's a quick look at the commercial concentration in the loan book as of Q3 2025:

Loan Category	Percentage of Total Portfolio (Q3 2025)
Commercial and Industrial Loans	40%
Commercial Real Estate Loans	34% (Based on Q2 2025 data, which is the latest available breakdown)

What this estimate hides is the specific number of dedicated managers, but the heavy concentration in C&I lending strongly implies a high-touch, relationship-driven sales and service model for those clients.

High-touch, customer-centric service model, especially post-acquisition

You've been busy integrating the First Security acquisition, which closed on April 1, 2025. That deal was definitely about adding key relationships, bringing in $280 million in deposits and $153 million in loans, plus those important commercial connections. The executive team made a point to welcome those former First Security customers in the second quarter of 2025, signaling a commitment to retaining that business through personalized service rather than letting them drift. You're not just processing transactions; you're managing a portfolio of business relationships.

Digital self-service options via upgraded online banking systems

To support your relationship bankers, Byline Bancorp, Inc. completed a core systems upgrade to its online banking platform in the second quarter of 2025. This upgrade helps ensure that while the service is high-touch, the underlying technology is modern. Nationally, the trend is clear: as of 2025, over 83% of U.S. adults use some form of digital banking service. Furthermore, a significant majority of consumers-around 77%-prefer managing their accounts through a mobile app or a computer. Your upgraded system has to meet that expectation for convenience, even if your primary focus remains commercial lending.

Cultivating strong, enduring relationships in core Midwest markets

Your enduring relationships are rooted in your physical footprint across the Midwest, specifically the Chicago and Milwaukee metro areas. As of early 2025, Byline Bank operated 46 branch locations across these markets. This physical presence supports the commercial focus. In the Chicago area specifically, total deposits reached $7.8 billion in the third quarter of 2025, capturing a 1.3% share of that local market. It's important to note that commercial deposits made up a healthy 46.9% of that total deposit base in Q3 2025, showing where the relationship strength lies.

Here are some key metrics reflecting your market presence and deposit mix as of late 2025:

• Branch locations in Chicago and Milwaukee metro areas: 46 (as of Q1 2025)
• Total Deposits (Q3 2025): $7.8 billion
• Chicago-area market deposit share (Q3 2025): 1.3%
• Commercial Deposits as a percentage of Total Deposits (Q3 2025): 46.9%

Finance: draft the 13-week cash view by Friday.

Byline Bancorp, Inc. (BY) - Canvas Business Model: Channels

You're looking at how Byline Bancorp, Inc. gets its products and services-loans, deposits, and specialized finance-to its customers across the Chicago and Milwaukee markets as of late 2025. The physical footprint remains a core part of this strategy, even as digital adoption grows.

The physical branch network of 46 locations serves as the high-touch anchor for community engagement and deposit gathering across the Chicago and Milwaukee metropolitan areas. This network supports a bank with total assets reaching approximately $9.7 billion as of June 30, 2025. The branch system is fundamental to maintaining the culture of proactive solutions and deep-rooted local relationships.

The Commercial and Sponsor Finance Group direct sales teams are the engine for high-value commercial relationships. These teams directly target small- and medium-sized businesses and financial sponsors. Their effectiveness is reflected in the growth of the loan portfolio, such as the increase in the commercial and industrial loan portfolio driving net loan and lease growth in the first half of 2025.

For customer interaction, digital banking platforms for consumer and business accounts are essential for keeping pace with evolving customer preferences. While specific digital adoption rates aren't always public, the bank offers services like Zelle® to facilitate modern transaction needs, complementing the physical presence.

Specialized lending is funneled through dedicated loan production offices. These offices focus on originating specific products that require specialized underwriting or market expertise. A key area of strength channeled through these offices is the Small Business Administration (SBA) lending program, where Byline Bank has historically been a top lender in the United States.

Here's a quick look at the scale of the operation these channels support as of mid-2025:

Channel Metric	Data Point (as of latest reported date)	Context/Date
Physical Branch Locations	46	As of March 31, 2025
Total Assets Supported	$9.7 billion	As of June 30, 2025
Total Deposits Supported	$7.8 billion	As of June 30, 2025
SBA Lending Ranking	Top 5 U.S. SBA Lender by Volume	FY2025 Estimate/Context
Key Commercial Growth Driver	Commercial and Industrial Loan Portfolio	Drove loan growth in 1Q25

The bank emphasizes a multi-pronged approach to client acquisition and service delivery. You can see the focus areas below:

• High-touch engagement via the 46-location branch footprint.
• Direct sales targeting for commercial and sponsor finance deals.
• Digital channels supporting everyday consumer and business transactions.
• Specialized origination through dedicated loan production offices.
• Leveraging top-tier status as an SBA lender for small business acquisition.

The integration of the First Security Bancorp, Inc. acquisition on April 1, 2025, further solidified this channel strategy, bringing combined total assets to approximately $9.9 billion immediately post-close, demonstrating the channels' capacity to absorb and integrate new business lines.

Finance: draft 13-week cash view by Friday.

Byline Bancorp, Inc. (BY) - Canvas Business Model: Customer Segments

You're focused on understanding where Byline Bancorp, Inc. gets its business, and frankly, their strategy is clearly centered on the Chicago commercial market post-acquisition of First Security Bancorp, Inc. in April 2025. As of late 2025, Byline Bancorp, Inc. positions itself as Chicago's preeminent commercial bank, serving a defined set of sophisticated and local clients.

Small- and medium-sized businesses (SMBs) in the Midwest

This segment forms the core of the lending activity. Byline Bancorp, Inc. has a long-standing commitment to this group, evidenced by being recognized as the Illinois Small Business Administration's SBA 7(a) Lender of the Year for the 16th year in a row as of August 19, 2025. The bank's total loan and lease portfolio stood at $7.33 billion at the end of Q2 2025, growing to $7.5 billion by Q3 2025.

The composition of the loan book clearly shows the commercial focus:

Loan Category	Percentage of Total Loans (Q3 2025)	Notes
Commercial and Industrial Loans	40%	Largest single share of the portfolio.
Owner-Occupied Commercial Real Estate	20%	A specific focus within the CRE segment.
Non-Owner Occupied Commercial Real Estate	14%	The remainder of the CRE exposure.

For the unguaranteed 7(a) SBA and USDA loans specifically, as of March 31, 2025, the exposure was $431.7 million, concentrated in specific industries:

• Retail trade: 19.9%.
• Accommodation and food services: 13.6%.
• Manufacturing: 9.3%.

Financial sponsors and private equity firms

While the primary focus is on C&I and CRE, Byline Bancorp, Inc. explicitly lists Sponsor Finance as a specialty lending area, indicating a segment of sophisticated financial players. During the Q3 2025 earnings call, management noted efforts to build infrastructure for a program targeting "program sponsors that are high users of payment products". This suggests an active, though perhaps less numerically detailed, segment focused on providing financing solutions to private equity-backed entities, likely involving leveraged lending or acquisition financing.

Local consumers and community banking clients

Byline Bank operates over 46 branches throughout the Chicago and Milwaukee metropolitan areas, underscoring its commitment to local community banking alongside its commercial push. The bank serves consumers directly through its branch network and various services, including Online & Mobile Banking, Credit Cards, and Wealth Management. Total deposits, which represent the funding base from these clients and businesses, reached $7.8 billion by Q3 2025. The bank's total assets crossed $9.8 billion as of September 30, 2025.

Commercial real estate investors and developers

Commercial real estate is a substantial component of the lending book, representing 34% of the loan portfolio at the end of Q2 2025, which breaks down into owner-occupied and non-owner occupied categories in the latest figures. The bank's total loan portfolio was $7.5 billion in Q3 2025. This segment is critical to the bank's overall asset base, as evidenced by the fact that an increase in the commercial real estate relationship contributed to a rise in non-performing assets in Q2 2025.

Byline Bancorp, Inc. (BY) - Canvas Business Model: Cost Structure

You're looking at the core expenditures that drive Byline Bancorp, Inc.'s operations, which is crucial for understanding profitability, especially as the bank manages growth and regulatory shifts.

A primary driver of interest expense is the cost of funding, specifically deposits. For the first quarter of 2025, the average cost of total deposits was reported at 2.30%. This figure reflects management's success in shifting the mix, as it was a decrease from the prior quarter, showing some relief on funding costs despite the overall rate environment.

Non-interest expense is where you see the day-to-day operational costs. For the third quarter of 2025, total non-interest expense was $60.5 million, which was up 1.5% from the second quarter of 2025. Salaries and employee benefits are a major component here. In Q3 2025, this category saw increases, principally due to higher incentive compensation accruals reflecting strong performance, alongside increased health insurance costs. It's definitely an area management watches closely, as they noted expenses remain well managed overall.

Technology and system maintenance represent necessary, ongoing costs. Looking back at Q1 2025 results, there was a specific increase to data processing expenses of $698,000, which was attributed mainly to expenses related to the First Security Bancorp merger integration.

The cost associated with potential loan deterioration, the provision for credit losses, fluctuates based on portfolio quality and economic outlook. In Q1 2025, net charge-offs for loans and leases totaled $6.6 million. To be fair, this metric can swing; for instance, the provision for credit losses recorded in the subsequent third quarter of 2025 was lower at $5.3 million.

The overall effectiveness of controlling these costs is reflected in the efficiency ratio (non-interest expense divided by total revenue). Byline Bancorp, Inc. achieved an efficiency ratio of 51.00% in the third quarter of 2025, which was an improvement of 161 basis points from the prior quarter, showing that revenue growth outpaced expense increases.

Here is a quick comparison of some key cost and efficiency metrics across the middle quarters of 2025:

Metric	Q1 2025 Data	Q3 2025 Data
Average Cost of Total Deposits	2.30%	Not explicitly provided for Q3
Net Charge-offs (Millions USD)	$6.6	Not explicitly provided for Q3
Provision for Credit Losses (Millions USD)	$9.2	$5.3
Non-Interest Expense (Millions USD)	$56.4	$60.5
Efficiency Ratio	53.66%	51.00%

You can see the expense control in action when you look at the efficiency ratio improvement, even as total non-interest expense rose from Q1 to Q3.

The main cost drivers Byline Bancorp, Inc. is managing are:

• Interest paid on total deposits, with a Q1 2025 average rate of 2.30%.
• Salaries and employee benefits, which drove a portion of the Q3 2025 non-interest expense of $60.5 million.
• Technology and data processing costs, evidenced by a $698,000 increase in Q1 2025 due to merger activity.
• Provisioning for credit losses, with Q1 2025 net charge-offs at $6.6 million.

Finance: draft 13-week cash view by Friday.

Byline Bancorp, Inc. (BY) - Canvas Business Model: Revenue Streams

You're looking at how Byline Bancorp, Inc. actually brings in its money as of late 2025. For a commercial bank focused on the Chicago market, the revenue streams are pretty standard but the execution on the numbers is what matters right now.

The primary engine for Byline Bancorp, Inc. remains the spread between what it earns on its assets and what it pays on its liabilities. For the third quarter of 2025, the Net Interest Income hit $99.9 million, which was an increase of 4.1% from the second quarter of 2025. This growth was fueled by higher interest income coming from the expanding loan and lease portfolio, along with effective management leading to lower rates paid on deposits. The tax-equivalent net interest margin (NIM) for Q3 2025 expanded to 4.27%, up nine basis points from the prior quarter.

Beyond the core lending business, non-interest income provides a significant, and sometimes variable, boost. Total Non-Interest Income for Q3 2025 was $15.9 million, marking a 9.5% increase compared to the second quarter of 2025. A key driver here is the sale of government-guaranteed loans. Specifically, Net Gains on Sales of U.S. Government Guaranteed Loans accounted for $7.0 million in the quarter, up 28.9% from the prior quarter. Byline Bancorp, Inc. sold $92.9 million of these loans in Q3 2025.

Here's a quick look at the main revenue components for Q3 2025:

Revenue Component	Q3 2025 Amount	Comparison to Q2 2025
Net Interest Income	$99.9 million	Up 4.1%
Total Non-Interest Income	$15.9 million	Up 9.5%
Net Gains on Sales of Loans (Component of NII)	$7.0 million	Up 28.9%
Total Revenue (Sum of NII and NII)	Approx. $115.8 million (Reported $115.7M)	Up 13.6% year-on-year

The growth in the Loan and Lease Interest Income is directly tied to the expanding asset base. The total loan and lease portfolio grew by $107.5 million, or 5.8% annualized, reaching $7.5 billion in Q3 2025. This portfolio is strategically diversified, with commercial and industrial loans making up 40% of the mix.

The remaining portion of non-interest income is derived from service charges and fees. These streams reflect the day-to-day banking activity with Byline Bancorp, Inc.'s client base, which includes small and medium-sized businesses and consumers.

• Fees from deposit products, reflecting customer balances.
• Revenue from treasury management services for business clients.
• Stable fee income contributing to the $15.9 million total.
• Income from securities held in the portfolio.

Honestly, the ability to grow the loan book while keeping deposit costs managed is what pushed the Net Interest Income to a record high for the quarter. Finance: draft 13-week cash view by Friday.