Byline Bancorp reported fourth-quarter earnings of $0.76 per share, surpassing the consensus estimate of $0.72 and up 10% from $0.69 a year ago. This marks the third consecutive quarter of earnings outperformance, driven by fee income growth in its commercial banking segment and disciplined expense management. Operating expenses rose 2% year-over-year to $75 million, resulting in an efficiency ratio of 58%, compared with 61% in Q4 2024.

Total revenue for the period rose 7% to $160 million, topping the average analyst forecast of $157 million. Net interest income climbed 9% year-over-year to $125 million, supported by a net interest margin of 3.65%, up from 3.45% in the prior year quarter. Loan balances increased 4% sequentially, driven by strong demand in the middle-market and small business loan portfolios. Deposits grew 2% to $12 billion, reflecting stable client relationships and targeted deposit campaign initiatives.

Asset quality remained resilient, with non-performing assets at 0.40% of total assets versus 0.35% a year earlier. Provision for credit losses was $4.5 million, down from $5.2 million in Q4 2024, as delinquencies in consumer real estate loans stabilized. Byline Bancorp’s CET1 capital ratio stood at 10.8%, providing ample cushion above regulatory requirements and supporting potential strategic acquisitions in the region.