# EDGAR Filing Document

**Accession Number:** 0001702750
**File Stem:** 0001193125-26-019448
**Filing Date:** 2026-1
**Character Count:** 101867
**Document Hash:** 1f479fe1557177b8af8580efc83ab19f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-019448.hdr.sgml**: 20260122

**ACCESSION NUMBER**: 0001193125-26-019448

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 38

**CONFORMED PERIOD OF REPORT**: 20260122

**ITEM INFORMATION**: Results of Operations and Financial Condition

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260122

**DATE AS OF CHANGE**: 20260122

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BYLINE BANCORP, INC.
- **CENTRAL INDEX KEY:** 0001702750
- **STANDARD INDUSTRIAL CLASSIFICATION:** STATE COMMERCIAL BANKS [6022]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 363012593
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-38139
- **FILM NUMBER:** 26551724

**BUSINESS ADDRESS:**
- **STREET 1:** 180 NORTH LASALLE STREET, SUITE 300
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60601
- **BUSINESS PHONE:** 773-244-7000

**MAIL ADDRESS:**
- **STREET 1:** 180 NORTH LASALLE STREET, SUITE 300
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60601

?xml version='1.0' encoding='ASCII'? 8-K

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

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**FORM** 8-K

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**CURRENT REPORT**

**PURSUANT TO SECTION 13 OR 15(d)**

**OF THE SECURITIES EXCHANGE ACT OF 1934**

**Date of Report (Date of earliest event reported):** January 22, 2026

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BYLINE BANCORP, INC.

**(Exact Name of Registrant as Specified in Its Charter)**

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Delaware

**(State or Other Jurisdiction**

**of Incorporation)**

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| | |
|:---|:---|
| 001-38139 | 36-3012593 |
| **(Commission**<br>**File Number)** | **(I.R.S. Employer**<br>**Identification No.)** |
| 180 North LaSalle Street**,** Suite 300 |  |
| Chicago**,** Illinois | 60601 |
| **(Address of Principal Executive Offices)** | **(Zip Code)** |

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**(**773**)** 244-7000

**(Registrant's Telephone Number, Including Area Code)**

Not Applicable

**(Former Name or Former Address, if Changed Since Last Report)**

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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

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| | | |
|:---|:---|:---|
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| Common Stock | BY | New York Stock Exchange |

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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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| | |
|:---|:---|
| <br>**Item 2.02.** | <br>**Results of Operations and Financial Condition.** |

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On January 22, 2026, Byline Bancorp, Inc., ("Byline" or the "Company") issued a press release announcing its financial results for the fourth quarter ended December 31, 2025. A copy of the press release is attached as Exhibit 99.1 and is incorporated herein by reference.

On January 22, 2026, the Company made available on its website a slide presentation regarding the Company's fourth quarter 2025 financial results, which will be used as part of a publicly accessible conference call on January 23, 2026. A copy of the slide presentation is attached as Exhibit 99.2 and is incorporated herein by reference.

The information included in Item 2.02 this Current Report on Form 8-K (including the information in the attached exhibits 99.1 and 99.2) is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in any such filing.

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| | |
|:---|:---|
| &nbsp;&nbsp;**Item 9.01.** | &nbsp;&nbsp;**Financial Statements and Exhibits.** |

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**(d) Exhibits.**

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| | |
|:---|:---|
| &nbsp;&nbsp;**Exhibit**<br>**No.** | &nbsp;&nbsp;**Description** |
| &nbsp;&nbsp;&nbsp;99.1 | &nbsp;&nbsp;&nbsp;[<u>Fourth Quarter 2025 financial results press release, dated January 22, 2026</u>](by-ex99_1.htm) |
| &nbsp;&nbsp;&nbsp;99.2 | &nbsp;&nbsp;&nbsp;[<u>Slide Presentation regarding fourth quarter 2025 financial results</u>](by-ex99_2.htm) |
| &nbsp;&nbsp;&nbsp;104 | &nbsp;&nbsp;&nbsp;Cover Page Interactive Data File (embedded within the Inline XBRL document) |

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**Forward-Looking Statements**

This communication contains forward-looking statements within the meaning of the U.S. federal securities laws. Forward-looking statements include, without limitation, statements concerning plans, estimates, calculations, forecasts and projections with respect to the anticipated future performance of the Company. These statements are often, but not always, made through the use of words or phrases such as ''may'', ''might'', ''should'', ''could'', ''predict'', ''potential'', ''believe'', ''expect'', ''continue'', ''will'', ''anticipate'', ''seek'', ''estimate'', ''intend'', ''plan'', ''projection'', ''would'', ''annualized'', "target" and ''outlook'', or the negative version of those words or other comparable words or phrases of a future or forward-looking nature. Forward-looking statements involve estimates and known and unknown risks, and reflect various assumptions and involve elements of subjective judgment and analysis, which may or may not prove to be correct, and which are subject to uncertainties and contingencies outside the control of Byline and its respective affiliates, directors, employees and other representatives, which could cause actual results to differ materially from those presented in this communication.

No representations, warranties or guarantees are or will be made by Byline as to the reliability, accuracy or completeness of any forward-looking statements contained in this communication or that such forward-looking statements are or will remain based on reasonable assumptions. You should not place undue reliance on any forward-looking statements contained in this communication.

Certain risks and important factors that could affect Byline's future results are identified in our Annual Report on Form 10-K and other reports we file with the Securities and Exchange Commission, including among other things under the heading "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2024. Any forward-looking statement speaks only as of the date on which it is made, and Byline undertakes no obligation to update any forward-looking statement, whether to reflect events or circumstances after the date on which the statement is made, to reflect new information or the occurrence of unanticipated events, or otherwise unless required under the federal securities laws.

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**SIGNATURE**

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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| | | |
|:---|:---|:---|
|  | **BYLINE BANCORP, INC.** | **BYLINE BANCORP, INC.** |
| Date: January 22, 2026 | By: | /s/ Roberto R. Herencia |
|  | Name: | Roberto R. Herencia |
|  | Title: | Executive Chairman and Chief Executive Officer |

---

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## Exhibit 99.1

**Exhibit 99.1**

![img195841198_0.jpg](img195841198_0.jpg)

**Byline Bancorp, Inc. Reports Fourth Quarter and Full Year 2025 Financial Results**

**Fourth quarter net income of $34.5 million, $0.76 diluted earnings per share** 

**Full year net income of $130.1 million, $2.89 diluted earnings per share**

**Chicago, IL, January 22, 2026** – Byline Bancorp, Inc. (NYSE: BY), today reported:

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| | | | | |
|:---|:---|:---|:---|:---|
|  | **At or for the quarter** | **At or for the quarter** | **At or for the quarter** | **Full Year Highlights**<br>***(compared to prior year)*** |
|  | **4Q25** | **3Q25** | **4Q24** | **Full Year Highlights**<br>***(compared to prior year)*** |
| **Financial Results ($ in thousands)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Delivered solid full year 2025 results |
| Net interest income | $101255 | $99890 | $88524 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;reflecting record revenues of $446.3 million  |
| Non-interest income | 15750 | 15845 | 16149 |  |
| Total revenue<sup>(1)</sup> | 117005 | 115735 | 104673 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Net income increased 7.7% to $130.1 million |
| Non-interest expense (NIE) | 60369 | 60518 | 57431 |  |
| Pre-tax pre-provision net income (PTPP)<sup>(1)</sup> | 56636 | 55217 | 47242 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• PTPP net income of $209.4 million<sup>(1)</sup>, up 11.3% |
| Provision for credit losses | 9702 | 5298 | 6878 |  |
| Provision for income taxes | 12413 | 12719 | 10044 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Net interest income up $37.3 million,  |
| Net income | $34521 | $37200 | $30320 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;or 10.7%; NIM up 25 bps to 4.22% |
| **Per Share** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Generated full year positive operating leverage |
| Diluted earnings per share (EPS) | $0.76 | $0.82 | $0.69 |  |
| Dividends declared per common share | 0.10 | 0.10 | 0.09 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• TBV per common share of $23.44<sup>(1)</sup>, up 16.7% |
| Book value per common share | 27.84 | 26.99 | 24.55 |  |
| Tangible book value per common share<sup>(1)</sup> | 23.44 | 22.58 | 20.09 | &nbsp;&nbsp;**Fourth Quarter Highlights**<br>***(compared to prior quarter)***  |
|  |  |  |  | &nbsp;&nbsp;**Fourth Quarter Highlights**<br>***(compared to prior quarter)***  |
| **Balance Sheet & Credit Quality ($ in thousands)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Net interest income of $101.3 million, an |
| Total deposits | $7647443 | $7828197 | $7458628 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;increase of $1.4 million, or 1.4% |
| Total loans and leases | 7522990 | 7461321 | 6910022 |  |
| Net charge-offs | 6707 | 7107 | 7792 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• NIM expanded eight bps to 4.35% |
| &nbsp;&nbsp;&nbsp;Allowance for credit losses (ACL) | 108834 | 105717 | 97988 |  |
| ACL to total loans and leases held for investment | 1.45% | 1.42% | 1.42% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• PTPP ROAA of 2.32%<sup>(1)</sup>, 13th consecutive |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;quarter greater than 2.00% |
| **Select Ratios (annualized where applicable)** |  |  |  |  |
| Efficiency ratio<sup>(1)</sup> | 50.32% | 51.00% | 53.58% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Efficiency ratio<sup>(1)</sup> of 50.32% |
| Return on average assets (ROAA) | 1.41% | 1.52% | 1.31% |  |
| Return on average stockholders' equity | 10.61% | 12.21% | 11.03% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• TCE/TA of 11.29%<sup>(1)</sup>, increase of 51 bps |
| Return on average tangible common equity<sup>(1)</sup> | 12.97% | 15.11% | 13.92% |  |
| Net interest margin (NIM) | 4.35% | 4.27% | 4.01% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• CET 1 of 12.33%, up 18 bps |
| Common equity to total assets | 13.14% | 12.61% | 11.49% |  |
| Tangible common equity to tangible assets<sup>(1)</sup> | 11.29% | 10.78% | 9.61% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Repurchased 345,706 common shares |
| Common equity tier 1  | 12.33% | 12.15% | 11.70% |  |

---

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| |
|:---|
| **CEO/President Commentary** |
| Roberto R. Herencia, Executive Chairman and CEO of Byline Bancorp, commented, "Throughout 2025 we advanced our strategy of becoming the preeminent commercial bank in Chicago and delivering strong financial results. We made significant progress across our strategic priorities—deepening our commercial presence, growing customers, and executing initiatives that strengthened our franchise. As we enter 2026, we are operating from a position of strength, remain focused on consistent execution of our strategy, supporting our customers, and driving long-term value for our stockholders."<br>Alberto J. Paracchini, President of Byline Bancorp, added, "Our fourth quarter performance reflected strong execution across our business units. We delivered solid earnings, maintained excellent profitability while strengthening our balance sheet. The quarter capped a year of meaningful progress, and we are well positioned to support our customers and drive profitable growth in 2026. I want to thank all our employees for their dedication, talent, and commitment, which remain central to our success."  |

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&nbsp;&nbsp;&nbsp;&nbsp;(1)Represents non-GAAP financial measures. See "Reconciliation of non-GAAP Financial Measures" for a reconciliation to the most directly comparable GAAP financial measure.

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*Byline Bancorp, Inc.*

*Page 2 of 15*

**<u>Board Declares Cash Dividend of $0.12 per Share</u>**

On January 21, 2026, the Company's Board of Directors declared a cash dividend of $0.12 per share, which represents a 20.0% increase from the previous quarterly dividend of $0.10 per share. The dividend will be paid on February 17, 2026, to stockholders of record of the Company's common stock as of February 3, 2026.

**STATEMENTS OF OPERATIONS HIGHLIGHTS**

**Net Interest Income**

*Quarterly results*

Net interest income for the fourth quarter of 2025 was $101.3 million, an increase of $1.4 million, or 1.4%, from the third quarter of 2025. The increase in net interest income was due to lower rates paid on deposits and the redemption of the subordinated note issued during 2020 on October 1, 2025, offset by lower interest income on loans and leases and on securities.

Tax-equivalent net interest margin<sup>(1)</sup> for the fourth quarter of 2025 was 4.36%, an increase of eight basis points compared to the third quarter of 2025. The increase was primarily due to lower rates paid on deposits and lower costs of subordinated notes and debentures, offset by lower yields on loans and leases. Net loan accretion income contributed 10 basis points to the net interest margin for the quarter, a one basis point decrease over the prior quarter.

The average cost of total deposits was 1.97% for the fourth quarter of 2025, a decrease of 19 basis points compared to the third quarter of 2025, mainly as a result of a lower rates paid on money market accounts, and lower balances of, and rates paid on, brokered time deposits.

*Full-year results*

Net interest income for the year ended December 31, 2025 was $385.3 million, an increase of $37.3 million, or 10.7%, from the prior year. The increase in net interest income was primarily due to lower rates paid on deposits, and higher interest income reflecting growth in the loan and lease portfolio, offset by lower income on other interest and dividend income.

Tax-equivalent net interest margin<sup>(1)</sup> for the year ended December 31, 2025 was 4.23%, an increase of 25 basis points compared to the prior year. The increase was primarily a result of the changing interest rate environment, reflecting our lower reliance on brokered time deposits, offset by lower yields on loans and interest-bearing cash. Net loan accretion income contributed 11 basis points to the net interest margin for the year, a four basis point decrease over the prior year.

The average cost of total deposits was 2.17% for the year ended December 31, 2025, a decrease of 44 basis points compared to the prior year mainly as a result of lower balances and rates paid on time deposits.

**Provision for Credit Losses**

*Quarterly results*

The provision for credit losses was $9.7 million for the fourth quarter of 2025, an increase of $4.4 million compared to $5.3 million for the third quarter of 2025, mainly due to higher non-performing loans and leases.

*Full-year result*

The provision for credit losses was $36.1 million for the year ended December 31, 2025, an increase of $9.1 million compared to $27.0 million for the prior year, mainly due to growth in the loan and leases portfolio and higher non-performing loans and leases.

**Non-interest Income**

*Quarterly results*

Non-interest income for the fourth quarter of 2025 was $15.7 million, a slight decrease of $95,000 , or 0.6%, compared to $15.8 million for the third quarter of 2025. The modest decline in total non-interest income was primarily due to lower net gains on sales of loans, offset by higher other non-interest income and increases in the fair value of equity securities. Net gains on sales of loans totaled $5.4 million for the quarter, a decrease of $1.6 million, or 22.8%, compared to the prior quarter. This decrease was primarily due to lower premiums, mix and timing of loans sold. During the fourth quarter of 2025, we sold $78.9 million of U.S. government guaranteed loans compared to $92.9 million during the third quarter of 2025.

*Full-year results*

Non-interest income for the year ended December 31, 2025 was $60.9 million, an increase of $2.1 million, or 3.5%, compared to $58.9 million for the prior year. The increase in total non-interest income was primarily due to higher income on other non-interest income primarily driven by swap activity, and a lower downward revaluation on the loan servicing asset, offset by lower net gains on sales of loans. Net gains on sales of loans were $22.7 million for the current year, a decrease of $1.8 million, or 7.4% compared to the prior year,

(1) Represents non-GAAP financial measures. See "Reconciliation of non-GAAP Financial Measures" for a reconciliation of our non-GAAP measures to the most directly comparable GAAP financial measure.

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*Byline Bancorp, Inc.*

*Page 3 of 15*

primarily due to lower premiums compared to the prior year. During 2025, we sold $315.0 million of U.S. government guaranteed loans compared to $314.8 million during the prior year.

**Non-interest Expense**

*Quarterly results*

Non-interest expense for the fourth quarter of 2025 was $60.4 million, a decrease of $149,000 , or 0.2%, compared to $60.5 million for the third quarter of 2025. The decrease in non-interest expense was mainly due to lower loan and lease related expenses and lower data processing expenses, offset by higher salaries and benefits.

Our efficiency ratio was 50.32%<sup>(1)</sup> for the fourth quarter of 2025, compared to 51.00%<sup>(1)</sup> for the third quarter of 2025, an improvement of 68 basis points. The improvement in the efficiency ratio was mainly driven by decreased interest expense. Excluding significant items, our adjusted efficiency ratio was 50.15%<sup>(1)</sup> for the fourth quarter of 2025, compared to 50.27%<sup>(1)</sup> for the third quarter of 2025, an improvement of 12 basis points.

*Full-year results*

Non-interest expense for the year ended December 31, 2025 was $236.9 million, an increase of $18.1 million, or 8.3%, compared to $218.8 million for the year ended December 31, 2024. The increase in non-interest expense was mainly due to increased salaries and employee benefits, legal, audit, and other professional fees, and data processing, all primarily driven from merger-related activities.

Our efficiency ratio was 51.83%<sup>(1)</sup> for the year ended December 31, 2025, compared to 52.45%<sup>(1)</sup> for the year ended December 31, 2024, an improvement of 62 basis points. The improvement in the efficiency ratio was mainly driven by increased total revenues and lower interest expense. Excluding significant items, our adjusted efficiency ratio was 50.37%<sup>(1)</sup> for the year ended December 31, 2025, compared to 52.24%<sup>(1)</sup> for the year ended December 31, 2024, an improvement of 187 basis points, mainly due to higher revenues, lower interest expense, and lower adjusted non-interest expense.

**Income Taxes** 

*Quarterly results*

We recorded income tax expense of $12.4 million during the fourth quarter of 2025, compared to $12.7 million during the third quarter of 2025. The effective tax rates were 26.4% and 25.5% for the fourth and third quarters of 2025, respectively.

*Full-year results*

We recorded income tax expense of $43.2 million during the year ended December 31, 2025, compared to $40.3 million during the year ended December 31, 2024. The effective tax rates were 24.9% and 25.0% for the years ended December 31, 2025 and December 31, 2024, respectively.

(1) Represents non-GAAP financial measures. See "Reconciliation of non-GAAP Financial Measures" for a reconciliation of our non-GAAP measures to the most directly comparable GAAP financial measure.

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*Byline Bancorp, Inc.*

*Page 4 of 15*

**STATEMENTS OF FINANCIAL CONDITION HIGHLIGHTS**

**Assets**

Total assets were $9.7 billion as of December 31, 2025, a decrease of $159.7 million, or 1.6%, compared to $9.8 billion at September 30, 2025, and an increase of $156.1 million, or 1.6% compared to $9.5 billion as of December 31, 2024.

The decrease for the current quarter was mainly due to a decrease in cash and cash equivalents of $112.1 million and a decrease in securities of $107.1 million, offset by a $65.5 million increase to net loans and leases.

The increase for the current year was mainly due to a $591.7 million increase in net loans and leases, offset by a decrease of $414.0 million to cash and cash equivalents.

**Allowance for Credit Losses**

The ACL was $108.8 million as of December 31, 2025, an increase of $3.1 million, or 2.9%, from $105.7 million at September 30, 2025, mainly due to higher non-performing loans, and an increase of $10.8 million, or 11.1%, from $98.0 million as of December 31, 2024.

Net loan and lease charge-offs during the fourth quarter of 2025 were $6.7 million, or 0.36% of average loans and leases, on an annualized basis, a decrease of $400,000 compared to net charge-offs of $7.1 million, or 0.38% of average loans and leases, during the third quarter of 2025. The decrease in net charge-offs for the quarter was due to lower charge-offs in the commercial real estate portfolio.

Net loan and leases charge-offs during the year ended December 31, 2025 were $28.1 million, or 0.39% of average loans and leases, a decrease of $3.9 million compared to net charge-offs of $32.0 million, or 0.47% of average loans and leases, during the year ended December 31, 2024. The decrease in net charge-offs for the year was mainly due to higher recoveries and a decrease in commercial and industrial charge-offs.

**Asset Quality**

Non-performing assets were $74.7 million, or 0.77% of total assets, as of December 31, 2025, an increase of $7.3 million from $67.4 million, or 0.69% of total assets, at September 30, 2025. The increase was mainly driven by one loan reclassified to non-performing, offset by decreases to other real estate owned. The government guaranteed portion of non-performing loans included in non-performing assets was $9.7 million at December 31, 2025, compared to $8.4 million at September 30, 2025, an increase of $1.3 million.

Non-performing assets increased $7.4 million compared to December 31, 2024, primarily due to increases in non-accrual in commercial and industrial and commercial real estate loans, offset by decreases in other real estate owned. The government guaranteed portion of non-performing loans included in non-performing assets decreased $146,000 during 2025, from $9.9 million as of December 31, 2024, to $9.7 million as of December 31, 2025.

**Deposits and Other Liabilities**

Total deposits decreased $180.8 million, or 2.3% to $7.6 billion at December 31, 2025 from $7.8 billion as of September 30, 2025, and increased $188.8 million or 2.5% from $7.5 billion as of December 31, 2024. The decrease in deposits during the fourth quarter was mainly due to decreases in non-interest-bearing demand accounts, and decreases to time deposits. The increase during the year was due primarily to deposits acquired through acquisition.

Total borrowings and other liabilities were $737.3 million at December 31, 2025, a decrease of $9.2 million from $746.5 million at September 30, 2025, and a decrease of $209.1 million from $946.4 million as of December 31, 2024. The decrease for the quarter was primarily driven by the redemption of $75.0 million of subordinated notes, offset by higher Federal Home Loan Bank ("FHLB") advances. The decrease for the year was primarily due to lower FHLB advances.

**Stockholders' Equity**

Total stockholders' equity was $1.3 billion at December 31, 2025, an increase of $30.2 million, or 2.4%, from September 30, 2025, primarily due to an increase in retained earnings from net income. Total stockholders' equity increased $176.4 million, or 16.2% from December 31, 2024, due to increased retained earnings from net income, lower unrealized loss on securities available-for-sale in accumulated other comprehensive income, and from common stock issued in connection with the First Security acquisition.

During the quarter and year ended December 31, 2025, we purchased 345,706 and 922,729 shares of our common stock at an average price of $28.21 and $25.72, per share, respectively.

(1) Represents non-GAAP financial measures. See "Reconciliation of non-GAAP Financial Measures" for a reconciliation of our non-GAAP measures to the most directly comparable GAAP financial measure.

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*Byline Bancorp, Inc.*

*Page 5 of 15*

**Conference Call, Webcast and Slide Presentation**

We will host a conference call and webcast at 9:00 a.m. Central Time on Friday, January 23, 2026, to discuss our quarterly financial results. Analysts and investors may participate in the question-and-answer session. The call can be accessed via telephone at (833) 470-1428; passcode 535219. A recorded replay can be accessed through February 6, 2026, by dialing (866) 813-9403; passcode: 656595.

A slide presentation relating to our fourth quarter 2025 results will be accessible prior to the conference call. The slide presentation and webcast of the conference call can be accessed on our investor relations website at www.bylinebancorp.com.

**About Byline Bancorp, Inc.**

Headquartered in Chicago, Byline Bancorp, Inc. is the parent company of Byline Bank, a full service commercial bank serving small- and medium-sized businesses, financial sponsors, and consumers. Byline Bank has approximately $9.6 billion in assets and operates 45 branch locations throughout the Chicago and Milwaukee metropolitan areas. Byline Bank offers a broad range of commercial and community banking products and services including small ticket equipment leasing solutions and is one of the top Small Business Administration lenders in the United States.

**Forward-Looking Statements**

This communication contains forward-looking statements within the meaning of the U.S. federal securities laws. Forward-looking statements include, without limitation, statements concerning plans, estimates, calculations, forecasts and projections with respect to the anticipated future performance of the Company. These statements are often, but not always, made through the use of words or phrases such as ''may'', ''might'', ''should'', ''could'', ''predict'', ''potential'', ''believe'', ''expect'', ''continue'', ''will'', ''anticipate'', ''seek'', ''estimate'', ''intend'', ''plan'', ''projection'', ''would'', ''annualized'', "target" and ''outlook'', or the negative version of those words or other comparable words or phrases of a future or forward-looking nature. Forward-looking statements involve estimates and known and unknown risks, and reflect various assumptions and involve elements of subjective judgment and analysis, which may or may not prove to be correct, and which are subject to uncertainties and contingencies outside the control of Byline and its respective affiliates, directors, employees and other representatives, which could cause actual results to differ materially from those presented in this communication.

No representations, warranties or guarantees are or will be made by Byline as to the reliability, accuracy or completeness of any forward-looking statements contained in this communication or that such forward-looking statements are or will remain based on reasonable assumptions. You should not place undue reliance on any forward-looking statements contained in this communication.

Certain risks and important factors that could affect Byline's future results are identified in our Annual Report on Form 10-K and other reports we file with the Securities and Exchange Commission, including among other things under the heading "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2024. Any forward-looking statement speaks only as of the date on which it is made, and Byline undertakes no obligation to update any forward-looking statement, whether to reflect events or circumstances after the date on which the statement is made, to reflect new information or the occurrence of unanticipated events, or otherwise unless required under the federal securities laws.

**Contact For Byline Bancorp, Inc.:**

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|:---|
| &nbsp;&nbsp;**Investors / Media:** |
| &nbsp;&nbsp;Brooks O. Rennie |
| &nbsp;&nbsp;Investor Relations Director |
| &nbsp;&nbsp;(312) 660-5805 |
| &nbsp;&nbsp;brennie@bylinebank.com |

---

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*Byline Bancorp, Inc.*

*Page 6 of 15*

**BYLINE BANCORP, INC. AND SUBSIDIARIES**

CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (unaudited)

---

| | | | |
|:---|:---|:---|:---|
|  | **December 31,** | **September 30,** | **December 31,** |
| **(dollars in thousands)** | **2025** | **2025** | **2024** |
| **ASSETS** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Cash and due from banks | $60184 | $70406 | $58759 |
| &nbsp;&nbsp;&nbsp;&nbsp;Interest bearing deposits with other banks | 88911 | 190774 | 504379 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cash and cash equivalents | 149095 | 261180 | 563138 |
| &nbsp;&nbsp;&nbsp;&nbsp;Equity and other securities, at fair value | 10660 | 10461 | 9865 |
| &nbsp;&nbsp;&nbsp;&nbsp;Securities available-for-sale, at fair value | 1405106 | 1512194 | 1415696 |
| &nbsp;&nbsp;&nbsp;&nbsp;Securities held-to-maturity, at amortized cost |  |  | 605 |
| &nbsp;&nbsp;&nbsp;&nbsp;Restricted stock, at cost | 21314 | 15934 | 27452 |
| &nbsp;&nbsp;&nbsp;&nbsp;Loans held for sale | 13621 | 20566 | 3200 |
| &nbsp;&nbsp;&nbsp;&nbsp;Loans and leases: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Loans and leases | 7509369 | 7440755 | 6906822 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allowance for credit losses - loans and leases | (108834) | (105717) | (97988) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net loans and leases | 7400535 | 7335038 | 6808834 |
| &nbsp;&nbsp;&nbsp;&nbsp;Servicing assets, at fair value | 19234 | 19019 | 18952 |
| &nbsp;&nbsp;&nbsp;&nbsp;Premises and equipment, net | 57988 | 58785 | 60502 |
| &nbsp;&nbsp;&nbsp;&nbsp;Other real estate owned, net | 3394 | 4220 | 5170 |
| &nbsp;&nbsp;&nbsp;&nbsp;Goodwill and other intangible assets, net | 200520 | 202014 | 198098 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank-owned life insurance | 107462 | 106575 | 100083 |
| &nbsp;&nbsp;&nbsp;&nbsp;Deferred tax assets, net | 41779 | 49918 | 56458 |
| &nbsp;&nbsp;&nbsp;&nbsp;Accrued interest receivable and other assets | 221968 | 216471 | 228476 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | $9652676 | $9812375 | $9496529 |
| **LIABILITIES AND STOCKHOLDERS' EQUITY** |  |  |  |
| LIABILITIES |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Non-interest-bearing demand deposits | $1818888 | $1932869 | $1756098 |
| &nbsp;&nbsp;&nbsp;&nbsp;Interest-bearing deposits | 5828555 | 5895328 | 5702530 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total deposits | 7647443 | 7828197 | 7458628 |
| &nbsp;&nbsp;&nbsp;&nbsp;Other borrowings | 419598 | 361286 | 618773 |
| &nbsp;&nbsp;&nbsp;&nbsp;Subordinated notes, net | 73940 | 148971 | 74040 |
| &nbsp;&nbsp;&nbsp;&nbsp;Junior subordinated debentures issued to <br> capital trusts, net | 71409 | 71272 | 70890 |
| &nbsp;&nbsp;&nbsp;&nbsp;Accrued expenses and other liabilities | 172380 | 164967 | 182701 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 8384770 | 8574693 | 8405032 |
| STOCKHOLDERS' EQUITY |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Common stock | 471 | 471 | 455 |
| &nbsp;&nbsp;&nbsp;&nbsp;Additional paid-in capital | 760700 | 758089 | 717763 |
| &nbsp;&nbsp;&nbsp;&nbsp;Retained earnings | 645724 | 615784 | 533901 |
| &nbsp;&nbsp;&nbsp;&nbsp;Treasury stock | (65914) | (56959) | (46935) |
| &nbsp;&nbsp;&nbsp;&nbsp;Accumulated other comprehensive loss, net of tax | (73075) | (79703) | (113687) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total stockholders' equity | 1267906 | 1237682 | 1091497 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities and stockholders' equity | $9652676 | $9812375 | $9496529 |

---

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*Byline Bancorp, Inc.*

*Page 7 of 15*

**BYLINE BANCORP, INC. AND SUBSIDIARIES**

CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Year Ended** | **Year Ended** |
| **(dollars in thousands,** | **December 31,** | **September 30,** | **December 31,** | **December 31,** | **December 31,** |
| &nbsp;&nbsp;&nbsp;&nbsp;**except per share data)** | **2025** | **2025** | **2024** | **2025** | **2024** |
| INTEREST AND DIVIDEND INCOME |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Interest and fees on loans and leases | $129394 | $132401 | $123702 | $511224 | $502353 |
| &nbsp;&nbsp;&nbsp;&nbsp;Interest on securities | 12431 | 13289 | 11710 | 51754 | 43218 |
| &nbsp;&nbsp;&nbsp;&nbsp;Other interest and dividend income | 2375 | 2936 | 4191 | 9242 | 20358 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total interest and dividend income | 144200 | 148626 | 139603 | 572220 | 565929 |
| INTEREST EXPENSE |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Deposits | 38432 | 42857 | 46725 | 167718 | 192366 |
| &nbsp;&nbsp;&nbsp;&nbsp;Other borrowings | 1639 | 1502 | 1466 | 6372 | 13669 |
| &nbsp;&nbsp;&nbsp;&nbsp;Subordinated notes and debentures | 2874 | 4377 | 2888 | 12782 | 11848 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total interest expense | 42945 | 48736 | 51079 | 186872 | 217883 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net interest income | 101255 | 99890 | 88524 | 385348 | 348046 |
| PROVISION FOR CREDIT LOSSES | 9702 | 5298 | 6878 | 36102 | 27041 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net interest income after provision for<br> credit losses | 91553 | 94592 | 81646 | 349246 | 321005 |
| NON-INTEREST INCOME |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Fees and service charges on deposits | 2799 | 2741 | 2648 | 10876 | 10214 |
| &nbsp;&nbsp;&nbsp;&nbsp;Loan servicing revenue | 3085 | 3062 | 3151 | 12261 | 12905 |
| &nbsp;&nbsp;&nbsp;&nbsp;Loan servicing asset revaluation | (1107) | (1294) | (1350) | (5602) | (6704) |
| &nbsp;&nbsp;&nbsp;&nbsp;ATM and interchange fees | 975 | 1015 | 1083 | 4083 | 4464 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net gains (losses) on sales of securities available-for-sale | 16 |  | (699) | (21) | (699) |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in fair value of equity securities, net | 199 | (298) | 732 | 795 | 1122 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net gains on sales of loans | 5386 | 6981 | 7107 | 22719 | 24540 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wealth management and trust income | 1324 | 1366 | 1110 | 4846 | 4310 |
| &nbsp;&nbsp;&nbsp;&nbsp;Other non-interest income | 3073 | 2272 | 2367 | 10968 | 8699 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total non-interest income | 15750 | 15845 | 16149 | 60925 | 58851 |
| NON-INTEREST EXPENSE |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Salaries and employee benefits | 38813 | 37492 | 37281 | 150376 | 140119 |
| &nbsp;&nbsp;&nbsp;&nbsp;Occupancy and equipment expense, net | 4142 | 4531 | 4407 | 18264 | 18703 |
| &nbsp;&nbsp;&nbsp;&nbsp;Impairment charge on assets held for sale | 195 |  |  | 195 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Loan and lease related expenses | 584 | 1274 | 660 | 3623 | 2789 |
| &nbsp;&nbsp;&nbsp;&nbsp;Legal, audit, and other professional fees | 4088 | 3876 | 3358 | 16058 | 13428 |
| &nbsp;&nbsp;&nbsp;&nbsp;Data processing | 4385 | 4903 | 4473 | 19445 | 16869 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net loss recognized on other real estate<br> owned and other related expenses | 528 | 617 | 654 | 1143 | 568 |
| &nbsp;&nbsp;&nbsp;&nbsp;Other intangible assets amortization expense | 1494 | 1494 | 1345 | 5605 | 5380 |
| &nbsp;&nbsp;&nbsp;&nbsp;Other non-interest expense | 6140 | 6331 | 5253 | 22209 | 20921 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total non-interest expense | 60369 | 60518 | 57431 | 236918 | 218777 |
| INCOME BEFORE PROVISION FOR INCOME TAXES | 46934 | 49919 | 40364 | 173253 | 161079 |
| PROVISION FOR INCOME TAXES | 12413 | 12719 | 10044 | 43202 | 40320 |
| NET INCOME | $34521 | $37200 | $30320 | $130051 | $120759 |
| EARNINGS PER COMMON SHARE |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Basic | $0.77 | $0.82 | $0.69 | $2.90 | $2.78 |
| &nbsp;&nbsp;&nbsp;&nbsp;Diluted | $0.76 | $0.82 | $0.69 | $2.89 | $2.75 |

---

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*Byline Bancorp, Inc.*

*Page 8 of 15*

**BYLINE BANCORP, INC. AND SUBSIDIARIES**

SELECTED FINANCIAL DATA (unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **As of or For the Three Months Ended** | **As of or For the Three Months Ended** | **As of or For the Three Months Ended** | **As of or For the Year Ended** | **As of or For the Year Ended** |
| **(dollars in thousands, except share** | **December 31,** | **September 30,** | **December 31,** | **December 31,** | **December 31,** |
| &nbsp;&nbsp;&nbsp;&nbsp;**and per share data)** | **2025** | **2025** | **2024** | **2025** | **2024** |
| **Earnings per Common Share** |  |  |  |  |  |
| Basic earnings per common share | $0.77 | $0.82 | $0.69 | $2.90 | $2.78 |
| Diluted earnings per common share | $0.76 | $0.82 | $0.69 | $2.89 | $2.75 |
| Adjusted diluted earnings per common share<sup>(1)(3)</sup> | $0.76 | $0.83 | $0.69 | $3.00 | $2.76 |
| Weighted average common shares outstanding (basic) | 44980736 | 45102828 | 43656793 | 44798651 | 43448856 |
| Weighted average common shares outstanding (diluted) | 45330163 | 45372602 | 44179818 | 45063611 | 43853939 |
| Common shares outstanding | 45545928 | 45859977 | 44459584 | 45545928 | 44459584 |
| Cash dividends per common share | $0.10 | $0.10 | $0.09 | $0.40 | $0.36 |
| Dividend payout ratio on common stock | 13.16% | 12.20% | 13.04% | 13.84% | 13.09% |
| Book value per common share | $27.84 | $26.99 | $24.55 | $27.84 | $24.55 |
| Tangible book value per common share<sup>(1)</sup> | $23.44 | $22.58 | $20.09 | $23.44 | $20.09 |
| **Key Ratios and Performance Metrics <br> (annualized where applicable)** |  |  |  |  |  |
| Net interest margin | 4.35% | 4.27% | 4.01% | 4.22% | 3.97% |
| Net interest margin, fully taxable equivalent <sup>(1)(4)</sup> | 4.36% | 4.28% | 4.02% | 4.23% | 3.98% |
| Average cost of deposits | 1.97% | 2.16% | 2.48% | 2.17% | 2.61% |
| Efficiency ratio<sup>(1)(2)</sup> | 50.32% | 51.00% | 53.58% | 51.83% | 52.45% |
| Adjusted efficiency ratio<sup>(1)(2)(3)</sup> | 50.15% | 50.27% | 53.37% | 50.37% | 52.24% |
| Non-interest income to total revenues<sup>(1)</sup> | 13.46% | 13.69% | 15.43% | 13.65% | 14.46% |
| Non-interest expense to average assets | 2.47% | 2.47% | 2.48% | 2.48% | 2.38% |
| Adjusted non-interest expense to average assets<sup>(1)(3)</sup> | 2.47% | 2.44% | 2.47% | 2.41% | 2.37% |
| Return on average stockholders' equity | 10.61% | 12.21% | 11.03% | 10.86% | 11.61% |
| Adjusted return on average stockholders' equity<sup>(1)(3)</sup> | 10.65% | 12.42% | 11.10% | 11.28% | 11.68% |
| Return on average assets | 1.41% | 1.52% | 1.31% | 1.36% | 1.31% |
| Adjusted return on average assets<sup>(1)(3)</sup> | 1.42% | 1.54% | 1.32% | 1.41% | 1.32% |
| Pre-tax pre-provision return on average assets<sup>(1)</sup> | 2.32% | 2.25% | 2.04% | 2.19% | 2.05% |
| Adjusted pre-tax pre-provision return on average assets<sup>(1)(3)</sup> | 2.33% | 2.29% | 2.05% | 2.26% | 2.06% |
| Return on average tangible common stockholders' equity<sup>(1)</sup> | 12.97% | 15.11% | 13.92% | 13.47% | 14.85% |
| Adjusted return on average tangible common <br> stockholders' equity<sup>(1)(3)</sup> | 13.02% | 15.36% | 14.02% | 13.97% | 14.94% |
| Non-interest-bearing deposits to total deposits | 23.78% | 24.69% | 23.54% | 23.78% | 23.54% |
| Loans and leases held for sale and loans and lease <br> held for investment to total deposits | 98.37% | 95.31% | 92.64% | 98.37% | 92.64% |
| Deposits to total liabilities | 91.21% | 91.29% | 88.74% | 91.21% | 88.74% |
| Deposits per branch | $169943 | $173960 | $162144 | $169943 | $162144 |
| **Asset Quality Ratios** |  |  |  |  |  |
| Non-performing loans and leases to total loans and leases <br> held for investment, net before ACL | 0.95% | 0.85% | 0.90% | 0.95% | 0.90% |
| Total non-performing assets as a percentage<br> of total assets | 0.77% | 0.69% | 0.71% | 0.77% | 0.71% |
| ACL to total loans and leases held for investment, net before ACL | 1.45% | 1.42% | 1.42% | 1.45% | 1.42% |
| Net charge-offs to average total loans and leases held for <br> investment, net before ACL - loans and leases | 0.36% | 0.38% | 0.45% | 0.39% | 0.47% |
| **Capital Ratios** |  |  |  |  |  |
| Common equity to total assets | 13.14% | 12.61% | 11.49% | 13.14% | 11.49% |
| Tangible common equity to tangible assets<sup>(1)</sup> | 11.29% | 10.78% | 9.61% | 11.29% | 9.61% |
| Leverage ratio | 12.53% | 12.20% | 11.74% | 12.53% | 11.74% |
| Common equity tier 1 capital ratio | 12.33% | 12.15% | 11.70% | 12.33% | 11.70% |
| Tier 1 capital ratio | 13.29% | 13.12% | 12.73% | 13.29% | 12.73% |
| Total capital ratio | 15.34% | 15.81% | 14.74% | 15.34% | 14.74% |

---

(1) Represents a non-GAAP financial measure. See "Reconciliation of non-GAAP Financial Measures" for a reconciliation of our non-GAAP measures to the most directly comparable GAAP financial measure.

(2) Represents non-interest expense less amortization of intangible assets divided by net interest income and non-interest income.

(3) Calculation excludes merger-related expenses and expenses related to the secondary public offering of common stock.

(4) Interest income and rates include the effects of a tax equivalent adjustment to adjust tax exempt investment income on tax exempt investment securities to a fully taxable basis, assuming a federal income tax rate of 21%.

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*Byline Bancorp, Inc.*

*Page 9 of 15*

**BYLINE BANCORP, INC. AND SUBSIDIARIES**

QUARTER-TO-DATE STATEMENT OF AVERAGE INTEREST-EARNING ASSETS AND AVERAGE INTEREST-BEARING LIABILITIES (unaudited)

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **For the Three Months Ended** | **For the Three Months Ended** | **For the Three Months Ended** | **For the Three Months Ended** | **For the Three Months Ended** | **For the Three Months Ended** | **For the Three Months Ended** | **For the Three Months Ended** | **For the Three Months Ended** |
|  | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **December 31, 2024** | **December 31, 2024** | **December 31, 2024** |
| **(dollars in thousands)** | **Average<br>Balance**<sup>(5)</sup> | **Interest<br>Inc / Exp** | **Avg.<br>Yield /<br>Rate** | **Average<br>Balance**<sup>(5)</sup> | **Interest<br>Inc / Exp** | **Avg.<br>Yield /<br>Rate** | **Average<br>Balance**<sup>(5)</sup> | **Interest<br>Inc / Exp** | **Avg.<br>Yield /<br>Rate** |
| ASSETS |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Cash and cash equivalents | $190859 | $1708 | 3.55% | $193683 | $1878 | 3.84% | $272409 | $2721 | 3.97% |
| &nbsp;&nbsp;&nbsp;&nbsp;Loans and leases<sup>(1)</sup> | 7387460 | 129394 | 6.95% | 7355958 | 132401 | 7.14% | 6828128 | 123702 | 7.21% |
| &nbsp;&nbsp;&nbsp;&nbsp;Taxable securities | 1505617 | 12296 | 3.24% | 1585013 | 13491 | 3.38% | 1529134 | 12317 | 3.20% |
| &nbsp;&nbsp;&nbsp;&nbsp;Tax-exempt securities<sup>(2)</sup> | 146863 | 1015 | 2.74% | 153424 | 1084 | 2.80% | 155505 | 1093 | 2.80% |
| Total interest-earning assets | $9230799 | $144413 | 6.21% | $9288078 | $148854 | 6.36% | $8785176 | $139833 | 6.33% |
| Allowance for credit losses - <br> loans and leases | (108557) |  |  | (109877) |  |  | (100281) |  |  |
| All other assets | 560861 |  |  | 538719 |  |  | 516740 |  |  |
| TOTAL ASSETS | $9683103 |  |  | $9716920 |  |  | $9201635 |  |  |
| LIABILITIES AND STOCKHOLDERS'<br> EQUITY |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Deposits |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Interest checking | $890025 | $3686 | 1.64% | $834763 | $3682 | 1.75% | $717222 | $3478 | 1.93% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Money market accounts | 2937945 | 21093 | 2.85% | 2986541 | 23468 | 3.12% | 2480805 | 19951 | 3.20% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Savings | 489899 | 132 | 0.11% | 495506 | 136 | 0.11% | 486262 | 130 | 0.11% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Time deposits | 1521864 | 13521 | 3.52% | 1654056 | 15571 | 3.73% | 2020225 | 23166 | 4.56% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total interest-bearing <br> deposits | 5839733 | 38432 | 2.61% | 5970866 | 42857 | 2.85% | 5704514 | 46725 | 3.26% |
| &nbsp;&nbsp;&nbsp;&nbsp;Other borrowings | 332284 | 1639 | 1.96% | 307457 | 1502 | 1.94% | 301959 | 1466 | 1.93% |
| &nbsp;&nbsp;&nbsp;&nbsp;Subordinated notes and <br> debentures | 145297 | 2874 | 7.85% | 190074 | 4377 | 9.14% | 144853 | 2888 | 7.93% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total borrowings | 477581 | 4513 | 3.75% | 497531 | 5879 | 4.69% | 446812 | 4354 | 3.88% |
| Total interest-bearing liabilities | $6317314 | $42945 | 2.70% | $6468397 | $48736 | 2.99% | $6151326 | $51079 | 3.30% |
| Non-interest-bearing <br> demand deposits | 1910132 |  |  | 1888693 |  |  | 1777273 |  |  |
| Other liabilities | 164868 |  |  | 151540 |  |  | 179011 |  |  |
| Total stockholders' equity | 1290789 |  |  | 1208290 |  |  | 1094025 |  |  |
| TOTAL LIABILITIES AND<br> STOCKHOLDERS' EQUITY | $9683103 |  |  | $9716920 |  |  | $9201635 |  |  |
| Net interest spread<sup>(3)</sup> |  |  | 3.51% |  |  | 3.37% |  |  | 3.03% |
| Net interest income, fully <br> taxable equivalent |  | $101468 |  |  | $100118 |  |  | $88754 |  |
| Net interest margin, fully <br> taxable equivalent<sup>(2)(4)</sup> |  |  | 4.36% |  |  | 4.28% |  |  | 4.02% |
| Less: Tax-equivalent adjustment |  | 213 | 0.01% |  | 228 | 0.01% |  | 230 | 0.01% |
| Net interest income |  | $101255 |  |  | $99890 |  |  | $88524 |  |
| Net interest margin<sup>(4)</sup> |  |  | 4.35% |  |  | 4.27% |  |  | 4.01% |
| Net loan accretion impact <br> on margin |  | $2312 | 0.10% |  | $2528 | 0.11% |  | $2590 | 0.12% |

---

(1) Loan and lease balances are net of deferred origination fees and costs and initial direct costs. Non-accrual loans and leases are included in total loan and lease balances.

(2) Interest income and rates include the effects of a tax equivalent adjustment to adjust tax exempt investment income on tax exempt investment securities to a fully taxable basis, assuming a federal income tax rate of 21%.

(3) Represents the average rate earned on interest-earning assets minus the average rate paid on interest-bearing liabilities.

(4) Represents net interest income (annualized) divided by total average earning assets.

(5) Average balances are average daily balances.

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*Byline Bancorp, Inc.*

*Page 10 of 15*

**BYLINE BANCORP, INC. AND SUBSIDIARIES**

YEAR-TO-DATE STATEMENT OF AVERAGE INTEREST-EARNING ASSETS AND AVERAGE INTEREST-BEARING LIABILITIES (unaudited)

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **For the Year Ended** | **For the Year Ended** | **For the Year Ended** | **For the Year Ended** | **For the Year Ended** | **For the Year Ended** |
|  | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2024** | **December 31, 2024** | **December 31, 2024** |
| **(dollars in thousands)** | **Average<br>Balance**<sup>(4)</sup> | **Interest<br>Inc / Exp** | **Average<br>Yield /<br>Rate** | **Average<br>Balance**<sup>(4)</sup> | **Interest<br>Inc / Exp** | **Average<br>Yield /<br>Rate** |
| ASSETS |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Cash and cash equivalents | $175760 | $6270 | 3.57% | $346777 | $15635 | 4.51% |
| &nbsp;&nbsp;&nbsp;&nbsp;Loans and leases<sup>(1)</sup> | 7226607 | 511224 | 7.07% | 6786547 | 502353 | 7.40% |
| &nbsp;&nbsp;&nbsp;&nbsp;Taxable securities | 1575363 | 51338 | 3.26% | 1483640 | 44476 | 3.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;Tax-exempt securities<sup>(2)</sup> | 152466 | 4289 | 2.81% | 157050 | 4386 | 2.79% |
| Total interest-earning assets | $9130196 | $573121 | 6.28% | $8774014 | $566850 | 6.46% |
| Allowance for credit losses - loans and leases | (106092) |  |  | (101695) |  |  |
| All other assets | 532850 |  |  | 515023 |  |  |
| TOTAL ASSETS | $9556954 |  |  | $9187342 |  |  |
| LIABILITIES AND STOCKHOLDERS'<br> EQUITY |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Deposits |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Interest checking | $828122 | $14181 | 1.71% | $695156 | $14442 | 2.08% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Money market accounts | 2860470 | 86928 | 3.04% | 2344309 | 80960 | 3.45% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Savings | 494264 | 533 | 0.11% | 506889 | 711 | 0.14% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Time deposits | 1701328 | 66076 | 3.88% | 2024942 | 96253 | 4.75% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total interest-bearing deposits | 5884184 | 167718 | 2.85% | 5571296 | 192366 | 3.45% |
| &nbsp;&nbsp;&nbsp;&nbsp;Other borrowings | 319151 | 6372 | 2.00% | 442364 | 13648 | 3.09% |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal funds purchased |  |  | 0.00% | 348 | 21 | 6.05% |
| &nbsp;&nbsp;&nbsp;&nbsp;Subordinated notes and debentures | 156484 | 12782 | 8.17% | 144624 | 11848 | 8.19% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total borrowings | 475635 | 19154 | 4.03% | 587336 | 25517 | 4.34% |
| Total interest-bearing liabilities | $6359819 | $186872 | 2.94% | $6158632 | $217883 | 3.54% |
| Non-interest-bearing demand deposits | 1833596 |  |  | 1802258 |  |  |
| Other liabilities | 166063 |  |  | 185937 |  |  |
| Total stockholders' equity | 1197476 |  |  | 1040515 |  |  |
| TOTAL LIABILITIES AND<br> STOCKHOLDERS' EQUITY | $9556954 |  |  | $9187342 |  |  |
| Net interest spread<sup>(3)</sup> |  |  | 3.34% |  |  | 2.92% |
| Net interest income, fully <br> taxable equivalent |  | $386249 |  |  | $348967 |  |
| Net interest margin, fully <br> taxable equivalent<sup>(2)(4)</sup> |  |  | 4.23% |  |  | 3.98% |
| Less: Tax-equivalent adjustment |  | 901 | 0.01% |  | 921 | 0.01% |
| Net interest income |  | $385348 |  |  | $348046 |  |
| Net interest margin<sup>(4)</sup> |  |  | 4.22% |  |  | 3.97% |
| Net loan accretion impact on margin |  | $10413 | 0.11% |  | $13511 | 0.15% |

---

(1) Loan and lease balances are net of deferred origination fees and costs and initial direct costs. Non-accrual loans and leases are included in total loan and lease balances.

(2) Interest income and rates include the effects of a tax equivalent adjustment to adjust tax exempt investment income on tax exempt investment securities to a fully taxable basis, assuming a federal income tax rate of 21%.

(3) Represents the average rate earned on interest-earning assets minus the average rate paid on interest-bearing liabilities.

(4) Represents net interest income (annualized) divided by total average earning assets.

(5) Average balances are average daily balances.

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*Byline Bancorp, Inc.*

*Page 11 of 15*

**BYLINE BANCORP, INC. AND SUBSIDIARIES**

SELECTED BALANCE SHEET TABLES AND FINANCIAL RATIOS (unaudited)

The following table presents our allocation of originated, purchased credit deteriorated (PCD), and acquired non-credit-deteriorated loans and leases at the dates indicated:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **December 31, 2025** | **December 31, 2025** | **September 30, 2025** | **September 30, 2025** | **December 31, 2024** | **December 31, 2024** |
| **(dollars in thousands)** | **Amount** | **% of Total** | **Amount** | **% of Total** | **Amount** | **% of Total** |
| **Originated loans and leases:** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Commercial real estate | $2338109 | 31.1% | $2234986 | 30.0% | $2071952 | 30.0% |
| &nbsp;&nbsp;&nbsp;&nbsp;Residential real estate | 567158 | 7.6% | 552984 | 7.4% | 513422 | 7.4% |
| &nbsp;&nbsp;&nbsp;&nbsp;Construction, land development, and<br> other land | 360003 | 4.8% | 412032 | 5.6% | 429596 | 6.2% |
| &nbsp;&nbsp;&nbsp;&nbsp;Commercial and industrial | 2856214 | 38.0% | 2804434 | 37.7% | 2509083 | 36.3% |
| &nbsp;&nbsp;&nbsp;&nbsp;Installment and other | 3470 | 0.0% | 2431 | 0.0% | 3847 | 0.1% |
| &nbsp;&nbsp;&nbsp;&nbsp;Leasing financing receivables | 752306 | 10.0% | 750531 | 10.1% | 715899 | 10.4% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total originated loans and leases | $6877260 | 91.5% | $6757398 | 90.8% | $6243799 | 90.4% |
| **Purchased credit deteriorated loans:** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Commercial real estate | $68987 | 0.9% | $71359 | 1.0% | $82934 | 1.2% |
| &nbsp;&nbsp;&nbsp;&nbsp;Residential real estate | 20788 | 0.3% | 24061 | 0.3% | 30515 | 0.4% |
| &nbsp;&nbsp;&nbsp;&nbsp;Construction, land development, and<br> other land | 2533 | 0.0% | 2513 | 0.0% |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Commercial and industrial | 12570 | 0.2% | 19193 | 0.3% | 14081 | 0.2% |
| &nbsp;&nbsp;&nbsp;&nbsp;Installment and other | 73 | 0.0% | 81 | 0.0% | 105 | 0.0% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total purchased credit deteriorated loans | $104951 | 1.4% | $117207 | 1.6% | $127635 | 1.8% |
| **Acquired non-credit-deteriorated loans <br> and leases:** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Commercial real estate | $200089 | 2.7% | $215801 | 2.9% | $199531 | 2.9% |
| &nbsp;&nbsp;&nbsp;&nbsp;Residential real estate | 169478 | 2.3% | 178896 | 2.4% | 182165 | 2.6% |
| &nbsp;&nbsp;&nbsp;&nbsp;Construction, land development, and<br> other land | 45542 | 0.6% | 50493 | 0.7% | 59673 | 0.9% |
| &nbsp;&nbsp;&nbsp;&nbsp;Commercial and industrial | 97786 | 1.3% | 106827 | 1.4% | 93969 | 1.4% |
| &nbsp;&nbsp;&nbsp;&nbsp;Installment and other | 14263 | 0.2% | 14133 | 0.2% | 14 | 0.0% |
| &nbsp;&nbsp;&nbsp;&nbsp;Leasing financing receivables |  |  |  |  | 36 | 0.0% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total acquired non-credit-deteriorated <br> loans and leases | $527158 | 7.1% | $566150 | 7.6% | $535388 | 7.8% |
| Total loans and leases | $7509369 | 100.0% | $7440755 | 100.0% | $6906822 | 100.0% |
| Allowance for credit losses - loans and leases | (108834) |  | (105717) |  | (97988) |  |
| Total loans and leases, net of allowance for<br> credit losses - loans and leases | $7400535 |  | $7335038 |  | $6808834 |  |

---

The following table presents the balance and activity within the allowance for credit losses - loans and lease for the periods indicated:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Year Ended** | **Year Ended** |
|  | **December 31,** | **September 30,** | **December 31,** | **December 31,** | **December 31,** |
| **(dollars in thousands)** | **2025** | **2025** | **2024** | **2025** | **2024** |
| ACL - loans and leases, beginning of period | $105717 | $107727 | $98860 | $97988 | $101686 |
| Adjustment for acquired PCD loans |  |  |  | 3206 |  |
| Provision for credit losses - loans and leases | 9824 | 5097 | 6920 | 35754 | 28286 |
| Net charge-offs - loans and leases | (6707 | (7107 | (7792 | (28114 | (31984 |
| ACL - loans and leases, end of period | $108834 | $105717 | $97988 | $108834 | $97988 |
| Net charge-offs - loans and leases <br> to average total loans and leases<br> held for investment, net before ACL | 0.36 | 0.38 | 0.45 | 0.39 | 0.47 |
| Provision for credit losses - loans and leases <br> to net charge-offs - loans and leases <br> during the period | 1.46 | 0.72 | 0.89 | 1.27 | 0.88 |

---

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*Byline Bancorp, Inc.*

*Page 12 of 15*

**BYLINE BANCORP, INC. AND SUBSIDIARIES**

SELECTED BALANCE SHEET TABLES AND FINANCIAL RATIOS (unaudited)

The following table presents the amounts of non-performing loans and leases and other real estate owned at the date indicated:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  |  |  |  | **December 31, 2025** | **December 31, 2025** |
|  |  |  |  | **Change from** | **Change from** |
| **(dollars in thousands)** | **December 31, 2025** | **September 30, 2025** | **December 31, 2024** | **September 30, 2025** | **December 31, 2024** |
| **Non-performing assets:** |  |  |  |  |  |
| Non-accrual loans and leases | $71290 | $63158 | $62076 | 12.9% | 14.8% |
| Past due loans and leases 90 days or more<br> and still accruing interest |  |  |  | —% | —% |
| Total non-performing loans and leases | $71290 | $63158 | $62076 | 12.9% | 14.8% |
| Other real estate owned | 3394 | 4220 | 5170 | (19.6)% | (34.4)% |
| &nbsp;&nbsp;Total non-performing assets | $74684 | $67378 | $67246 | 10.8% | 11.1% |
| Total non-performing loans and leases as a<br> percentage of total loans and leases | 0.95% | 0.85% | 0.90% |  |  |
| Total non-performing assets as a percentage<br> of total assets | 0.77% | 0.69% | 0.71% |  |  |
| Allowance for credit losses - loans and lease <br> as a percentage of non-performing<br> loans and leases | 152.66% | 167.38% | 157.85% |  |  |
| **Non-performing assets guaranteed by <br> U.S. government:** |  |  |  |  |  |
| Non-accrual loans guaranteed | $9716 | $8417 | $9862 | 15.4% | (1.5)% |
| Past due loans 90 days or more and still<br> accruing interest guaranteed |  |  |  | —% | —% |
| &nbsp;&nbsp;Total non-performing loans guaranteed | $9716 | $8417 | $9862 | 15.4% | (1.5)% |
| Total non-performing loans and leases <br> not guaranteed as a percentage of total <br> loans and leases | 0.82% | 0.74% | 0.76% |  |  |
| Total non-performing assets <br> not guaranteed as a percentage<br> of total assets | 0.67% | 0.60% | 0.60% |  |  |

---

The following table presents the composition of deposits at the dates indicated:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  |  |  |  | **December 31, 2025** | **December 31, 2025** |
|  |  |  |  | **Change from** | **Change from** |
| **(dollars in thousands)** | **December 31, 2025** | **September 30, 2025** | **December 31, 2024** | **September 30, 2025** | **December 31, 2024** |
| Non-interest-bearing demand deposits | $1818888 | $1932869 | $1756098 | (5.9)% | 3.6% |
| Interest-bearing checking accounts | 878638 | 868922 | 767835 | 1.1% | 14.4% |
| Money market demand accounts | 2942927 | 2957995 | 2518157 | (0.5)% | 16.9% |
| Other savings | 489504 | 488894 | 483650 | 0.1% | 1.2% |
| Time deposits (below $250,000) | 1096015 | 1151764 | 1498277 | (4.8)% | (26.8)% |
| Time deposits ($250,000 and above) | 421471 | 427753 | 434611 | (1.5)% | (3.0)% |
| &nbsp;&nbsp;&nbsp;&nbsp;Total deposits | $7647443 | $7828197 | $7458628 | (2.3)% | 2.5% |

---

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*Byline Bancorp, Inc.*

*Page 13 of 15*

**BYLINE BANCORP, INC. AND SUBSIDIARIES**

RECONCILIATION OF NON-GAAP FINANCIAL MEASURES (unaudited)

**Non-GAAP Financial Measures**

This release contains certain financial information determined by methods other than in accordance with accounting principles generally accepted in the United States of America ("GAAP"). These measures include adjusted net income, adjusted diluted earnings per share, adjusted non-interest expense, adjusted non-interest expense excluding amortization of intangible assets, adjusted efficiency ratio, adjusted non-interest expense to average assets, tax equivalent net interest income, tax-equivalent net interest margin, total revenue, non-interest income to total revenues, adjusted return on average stockholders' equity, adjusted return on average assets, pre-tax pre-provision net income, adjusted pre-tax pre-provision net income, pre-tax pre-provision return on average assets, adjusted pre-tax pre-provision return on average assets, tangible common equity, tangible assets, tangible net income available to common stockholders, adjusted tangible net income available to common stockholders, tangible book value per common share, tangible common equity to tangible assets, return on average tangible common stockholders' equity, and adjusted return on average tangible common stockholders' equity. Management believes that these non-GAAP financial measures provide useful information to management and investors that is supplementary to the Company's financial condition, results of operations and cash flows computed in accordance with GAAP; however, management acknowledges that our non-GAAP financial measures have a number of limitations. As such, these disclosures should not be viewed as a substitute for results determined in accordance with GAAP financial measures that we and other companies use. Management also uses these measures for peer comparison. See below in the financial schedules included in this press release for a reconciliation of the non-GAAP financial measures to the comparable GAAP financial measures. Additionally, please refer to the Company's Annual Report on Form 10-K for the detailed definitions of these non-GAAP financial measures.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **As of or For the Three Months Ended** | **As of or For the Three Months Ended** | **As of or For the Three Months Ended** | **As of or For the Year Ended** | **As of or For the Year Ended** |
|  | **December 31,** | **September 30,** | **December 31,** | **December 31,** | **December 31,** |
| **(dollars in thousands, except per share data)** | **2025** | **2025** | **2024** | **2025** | **2024** |
| **Net income and earnings per share excluding significant items:** |  |  |  |  |  |
| **Reported Net Income** | $34521 | $37200 | $30320 | $130051 | $120759 |
| Significant items: |  |  |  |  |  |
| &nbsp;&nbsp;Impairment charges on assets held for sale and ROU assets | 195 |  |  | 195 | 194 |
| &nbsp;&nbsp;Merger-related expenses |  |  | 218 | 5087 | 629 |
| &nbsp;&nbsp;Secondary public offering of common stock expenses |  |  |  | 413 |  |
| &nbsp;&nbsp;Loss on extinguishment of debt |  | 843 |  | 843 |  |
| &nbsp;&nbsp;Tax benefit | (50) | (221) | (1) | (1522) | (85) |
| **Adjusted Net Income** | $34666 | $37822 | $30537 | $135067 | $121497 |
| **Reported Diluted Earnings per Share** | $0.76 | $0.82 | $0.69 | $2.89 | $2.75 |
| Significant items: |  |  |  |  |  |
| &nbsp;&nbsp;Impairment charges on assets held for sale and ROU assets |  |  |  |  |  |
| &nbsp;&nbsp;Merger-related expenses |  |  |  | 0.11 | 0.01 |
| &nbsp;&nbsp;Secondary public offering of common stock expenses |  |  |  | 0.01 |  |
| &nbsp;&nbsp;Loss on extinguishment of debt |  | 0.02 |  | 0.02 |  |
| &nbsp;&nbsp;Tax benefit |  | (0.01) |  | (0.03) |  |
| **Adjusted Diluted Earnings per Share** | $0.76 | $0.83 | $0.69 | $3.00 | $2.76 |

---

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*Byline Bancorp, Inc.*

*Page 14 of 15*

**BYLINE BANCORP, INC. AND SUBSIDIARIES**

RECONCILIATION OF NON-GAAP FINANCIAL MEASURES (continued) (unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **As of or For the Three Months Ended** | **As of or For the Three Months Ended** | **As of or For the Three Months Ended** | **As of or For the Year Ended** | **As of or For the Year Ended** |
| **(dollars in thousands, except per share data,** | **December 31,** | **September 30,** | **December 31,** | **December 31,** | **December 31,** |
| &nbsp;&nbsp;&nbsp;&nbsp;**ratios annualized, where applicable)** | **2025** | **2025** | **2024** | **2025** | **2024** |
| **Adjusted non-interest expense:** |  |  |  |  |  |
| &nbsp;&nbsp;Non-interest expense | $60369 | $60518 | $57431 | $236918 | $218777 |
| &nbsp;&nbsp;Less: Impairment charges on assets held for sale and ROU assets | 195 |  |  | 195 | 194 |
| &nbsp;&nbsp;Less: Merger-related expenses |  |  | 218 | 5087 | 629 |
| &nbsp;&nbsp;Less: Secondary public offering of common stock expenses |  |  |  | 413 |  |
| &nbsp;&nbsp;Less: Loss on extinguishment of debt |  | 843 |  | 843 |  |
| &nbsp;&nbsp;Adjusted non-interest expense | $60174 | $59675 | $57213 | $230380 | $217954 |
| **Adjusted non-interest expense excluding <br> amortization of intangible assets:** |  |  |  |  |  |
| &nbsp;&nbsp;Adjusted non-interest expense | $60174 | $59675 | $57213 | $230380 | $217954 |
| &nbsp;&nbsp;Less: Amortization of intangible assets | 1494 | 1494 | 1345 | 5605 | 5380 |
| &nbsp;&nbsp;Adjusted non-interest expense excluding <br> amortization of intangible assets | $58680 | $58181 | $55868 | $224775 | $212574 |
| **Pre-tax pre-provision net income:** |  |  |  |  |  |
| &nbsp;&nbsp;Pre-tax income | $46934 | $49919 | $40364 | $173253 | $161079 |
| &nbsp;&nbsp;Add: Provision for credit losses | 9702 | 5298 | 6878 | 36102 | 27041 |
| &nbsp;&nbsp;Pre-tax pre-provision net income | $56636 | $55217 | $47242 | $209355 | $188120 |
| **Adjusted pre-tax pre-provision net income:** |  |  |  |  |  |
| &nbsp;&nbsp;Pre-tax pre-provision net income | $56636 | $55217 | $47242 | $209355 | $188120 |
| &nbsp;&nbsp;Add: Impairment charges on assets held for sale and ROU assets | 195 |  |  | 195 | 194 |
| &nbsp;&nbsp;Add: Merger-related expenses |  |  | 218 | 5087 | 629 |
| &nbsp;&nbsp;Add: Secondary public offering of common stock expenses |  |  |  | 413 |  |
| &nbsp;&nbsp;Add: Loss on extinguishment of debt |  | 843 |  | 843 |  |
| &nbsp;&nbsp;Adjusted pre-tax pre-provision net income | $56831 | $56060 | $47460 | $215893 | $188943 |
| **Tax equivalent net interest income:** |  |  |  |  |  |
| &nbsp;&nbsp;Net interest income | $101255 | $99890 | $88524 | $385348 | $348046 |
| &nbsp;&nbsp;Add: Tax-equivalent adjustment | 213 | 228 | 230 | 901 | 921 |
| &nbsp;&nbsp;Net interest income, fully taxable equivalent | $101468 | $100118 | $88754 | $386249 | $348967 |
| **Total revenue:** |  |  |  |  |  |
| &nbsp;&nbsp;Net interest income | $101255 | $99890 | $88524 | $385348 | $348046 |
| &nbsp;&nbsp;Add: Non-interest income | 15750 | 15845 | 16149 | 60925 | $58851 |
| &nbsp;&nbsp;Total revenue | $117005 | $115735 | $104673 | $446273 | $406897 |
| **Tangible common stockholders' equity:** |  |  |  |  |  |
| &nbsp;&nbsp;Total stockholders' equity | $1267906 | $1237682 | $1091497 | $1267906 | $1091497 |
| &nbsp;&nbsp;Less: Goodwill and other intangibles | 200520 | 202014 | 198098 | 200520 | 198098 |
| &nbsp;&nbsp;Tangible common stockholders' equity | $1067386 | $1035668 | $893399 | $1067386 | $893399 |
| **Tangible assets:** |  |  |  |  |  |
| &nbsp;&nbsp;Total assets | $9652676 | $9812375 | $9496529 | $9652676 | $9496529 |
| &nbsp;&nbsp;Less: Goodwill and other intangibles | 200520 | 202014 | 198098 | 200520 | 198098 |
| &nbsp;&nbsp;Tangible assets | $9452156 | $9610361 | $9298431 | $9452156 | $9298431 |
| **Average tangible common stockholders' equity:** |  |  |  |  |  |
| &nbsp;&nbsp;Average total stockholders' equity | $1290789 | $1208290 | $1094025 | $1197476 | $1040515 |
| &nbsp;&nbsp;Less: Average goodwill and other intangibles | 201251 | 202723 | 198697 | 201328 | 200740 |
| &nbsp;&nbsp;Average tangible common stockholders' equity | $1089538 | $1005567 | $895328 | $996148 | $839775 |
| **Average tangible assets:** |  |  |  |  |  |
| &nbsp;&nbsp;Average total assets | $9683103 | $9716920 | $9201635 | $9556954 | $9187342 |
| &nbsp;&nbsp;Less: Average goodwill and other intangibles | 201251 | 202723 | 198697 | 201328 | 200740 |
| &nbsp;&nbsp;Average tangible assets | $9481852 | $9514197 | $9002938 | $9355626 | $8986602 |
| **Tangible net income:** |  |  |  |  |  |
| &nbsp;&nbsp;Net income available to common stockholders | $34521 | $37200 | $30320 | $130051 | $120759 |
| &nbsp;&nbsp;Add: After-tax intangible asset amortization | 1104 | 1103 | 1015 | 4140 | 3974 |
| &nbsp;&nbsp;Tangible net income | $35625 | $38303 | $31335 | $134191 | $124733 |
| **Adjusted tangible net income:** |  |  |  |  |  |
| &nbsp;&nbsp;Tangible net income | $35625 | $38303 | $31335 | $134191 | $124733 |
| &nbsp;&nbsp;Add: Impairment charges on assets held for sale and ROU assets | 195 |  |  | 195 | 194 |
| &nbsp;&nbsp;Add: Merger-related expenses |  |  | 218 | 5087 | 629 |
| &nbsp;&nbsp;Add: Secondary public offering of common stock expenses |  |  |  | 413 |  |
| &nbsp;&nbsp;Add: Loss on extinguishment of debt |  | 843 |  | 843 |  |
| &nbsp;&nbsp;Add: Tax benefit on significant items | (50) | (221) | (1) | (1522) | (85) |
| &nbsp;&nbsp;Adjusted tangible net income | $35770 | $38925 | $31552 | $139207 | $125471 |

---

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*Byline Bancorp, Inc.*

*Page 15 of 15*

**BYLINE BANCORP, INC. AND SUBSIDIARIES**

RECONCILIATION OF NON-GAAP FINANCIAL MEASURES (continued) (unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **As of or For the Three Months Ended** | **As of or For the Three Months Ended** | **As of or For the Three Months Ended** | **As of or For the Year Ended** | **As of or For the Year Ended** |
| **(dollars in thousands, except share and per share** | **December 31,** | **September 30,** | **December 31,** | **December 31,** | **December 31,** |
| &nbsp;&nbsp;&nbsp;&nbsp;**data, ratios annualized, where applicable)** | **2025** | **2025** | **2024** | **2025** | **2024** |
| **Pre-tax pre-provision return on average assets:** |  |  |  |  |  |
| &nbsp;&nbsp;Pre-tax pre-provision net income | $56636 | $55217 | $47242 | $209355 | $188120 |
| &nbsp;&nbsp;Average total assets | 9683103 | 9716920 | 9201635 | 9556954 | 9187342 |
| &nbsp;&nbsp;Pre-tax pre-provision return on average assets | 2.32% | 2.25% | 2.04% | 2.19% | 2.05% |
| **Adjusted pre-tax pre-provision return on average assets:** |  |  |  |  |  |
| &nbsp;&nbsp;Adjusted pre-tax pre-provision net income | $56831 | $56060 | $47460 | $215893 | $188943 |
| &nbsp;&nbsp;Average total assets | 9683103 | 9716920 | 9201635 | 9556954 | 9187342 |
| &nbsp;&nbsp;Adjusted pre-tax pre-provision return on average assets | 2.33% | 2.29% | 2.05% | 2.26% | 2.06% |
| **Net interest margin, fully taxable equivalent:** |  |  |  |  |  |
| &nbsp;&nbsp;Net interest income, fully taxable equivalent | $101468 | $100118 | $88754 | $386249 | $348967 |
| &nbsp;&nbsp;Total average interest-earning assets | 9230799 | 9288078 | 8785176 | 9130196 | 8774014 |
| &nbsp;&nbsp;Net interest margin, fully taxable equivalent | 4.36% | 4.28% | 4.02% | 4.23% | 3.98% |
| **Non-interest income to total revenues:** |  |  |  |  |  |
| &nbsp;&nbsp;Non-interest income | $15750 | $15845 | $16149 | $60925 | $58851 |
| &nbsp;&nbsp;Total revenues | 117005 | 115735 | 104673 | 446273 | 406897 |
| &nbsp;&nbsp;Non-interest income to total revenues | 13.46% | 13.69% | 15.43% | 13.65% | 14.46% |
| **Adjusted non-interest expense to average assets:** |  |  |  |  |  |
| &nbsp;&nbsp;Adjusted non-interest expense | $60174 | $59675 | $57213 | $230380 | $217954 |
| &nbsp;&nbsp;Average total assets | 9683103 | 9716920 | 9201635 | 9556954 | 9187342 |
| &nbsp;&nbsp;Adjusted non-interest expense to average assets | 2.47% | 2.44% | 2.47% | 2.41% | 2.37% |
| **Adjusted efficiency ratio:** |  |  |  |  |  |
| &nbsp;&nbsp;Adjusted non-interest expense excluding amortization of <br> intangible assets | $58680 | $58181 | $55868 | $224775 | $212574 |
| &nbsp;&nbsp;Total revenues | 117005 | 115735 | 104673 | 446273 | 406897 |
| &nbsp;&nbsp;Adjusted efficiency ratio | 50.15% | 50.27% | 53.37% | 50.37% | 52.24% |
| **Adjusted return on average assets:** |  |  |  |  |  |
| &nbsp;&nbsp;Adjusted net income | $34666 | $37822 | $30537 | $135067 | $121497 |
| &nbsp;&nbsp;Average total assets | 9683103 | 9716920 | 9201635 | 9556954 | 9187342 |
| &nbsp;&nbsp;Adjusted return on average assets | 1.42% | 1.54% | 1.32% | 1.41% | 1.32% |
| **Adjusted return on average stockholders' equity:** |  |  |  |  |  |
| &nbsp;&nbsp;Adjusted net income | $34666 | $37822 | $30537 | $135067 | $121497 |
| &nbsp;&nbsp;Average stockholders' equity | 1290789 | 1208290 | 1094025 | 1197476 | 1040515 |
| &nbsp;&nbsp;Adjusted return on average stockholders' equity | 10.65% | 12.42% | 11.10% | 11.28% | 11.68% |
| **Tangible common equity to tangible assets:** |  |  |  |  |  |
| &nbsp;&nbsp;Tangible common equity | $1067386 | $1035668 | $893399 | $1067386 | $893399 |
| &nbsp;&nbsp;Tangible assets | 9452156 | 9610361 | 9298431 | 9452156 | 9298431 |
| &nbsp;&nbsp;Tangible common equity to tangible assets | 11.29% | 10.78% | 9.61% | 11.29% | 9.61% |
| **Return on average tangible common stockholders' equity:** |  |  |  |  |  |
| &nbsp;&nbsp;Tangible net income available to common stockholders | $35625 | $38303 | $31335 | $134191 | $124733 |
| &nbsp;&nbsp;Average tangible common stockholders' equity | 1089538 | 1005567 | 895328 | 996148 | 839775 |
| &nbsp;&nbsp;Return on average tangible common stockholders' equity | 12.97% | 15.11% | 13.92% | 13.47% | 14.85% |
| **Adjusted return on average tangible common <br> stockholders' equity:** |  |  |  |  |  |
| &nbsp;&nbsp;Adjusted tangible net income available to common <br> stockholders | $35770 | $38925 | $31552 | $139207 | $125471 |
| &nbsp;&nbsp;Average tangible common stockholders' equity | 1089538 | 1005567 | 895328 | 996148 | 839775 |
| &nbsp;&nbsp;Adjusted return on average tangible common <br> stockholders' equity | 13.02% | 15.36% | 14.02% | 13.97% | 14.94% |
| **Tangible book value per share:** |  |  |  |  |  |
| &nbsp;&nbsp;Tangible common equity | $1067386 | $1035668 | $893399 | $1067386 | $893399 |
| &nbsp;&nbsp;Common shares outstanding | 45545928 | 45859977 | 44459584 | 45545928 | 44459584 |
| &nbsp;&nbsp;Tangible book value per share | $23.44 | $22.58 | $20.09 | $23.44 | $20.09 |

---

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## Exhibit 99.2

![Slide 1](by-ex99_2s1.jpg)

4Q25 Earnings Presentation Exhibit 99.2

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![Slide 2](by-ex99_2s2.jpg)

Forward-Looking Statements Forward-Looking Statements This communication contains forward-looking statements within the meaning of the U.S. federal securities laws. Forward-looking statements include, without limitation, statements concerning plans, estimates, calculations, forecasts and projections with respect to the anticipated future performance of the Company. These statements are often, but not always, made through the use of words or phrases such as ''may'', ''might'', ''should'', ''could'', ''predict'', ''potential'', ''believe'', ''expect'', ''continue'', ''will'', ''anticipate'', ''seek'', ''estimate'', ''intend'', ''plan'', ''projection'', ''would'', ''annualized'', "target" and ''outlook'', or the negative version of those words or other comparable words or phrases of a future or forward-looking nature. Forward-looking statements involve estimates and known and unknown risks and reflect various assumptions and involve elements of subjective judgement and analysis, which may or may not prove to be correct, and which are subject to uncertainties and contingencies outside the control of Byline and its respective affiliates, directors, employees and other representatives, which could cause actual results to differ materially from those presented in this communication. No representations, warranties or guarantees are or will be made by Byline as to the reliability, accuracy or completeness of any forward-looking statements contained in this communication or that such forward-looking statements are or will remain based on reasonable assumptions. You should not place undue reliance on any forward-looking statements contained in this communication. Certain risks and important factors that could affect Byline's future results are identified in our Annual Report on Form 10-K and other reports we file with the Securities and Exchange Commission, including among other things under the heading "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2024. Any forward-looking statement speaks only as of the date on which it is made, and Byline undertakes no obligation to update any forward-looking statement, whether to reflect events or circumstances after the date on which the statement is made, to reflect new information or the occurrence of unanticipated events, or otherwise unless required under the federal securities laws. Due to rounding, numbers presented throughout this document may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures.

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Note: Map excludes Byline Bank branch located in Wauwatosa, WI. Source: S&P Global Market Intelligence and company filings. Data as of quarter ended December 31, 2025 or most recent available. BY market capitalization as of December 31, 2025. Second largest bank headquartered in Chicago based on total assets. Represents a non-GAAP financial measure. See "Non-GAAP Reconciliation" in the appendix for a reconciliation of non-GAAP measure to the most directly comparable GAAP financial measure. Leading Chicago Commercial Banking Franchise Company Overview BY at a Glance ($mm) Leading Chicago Footprint Growth Strategy Size Aspiration Chicagoland Branch Locations 44 Largest Bank Headquartered in Chicago(1) #2 $9.7 Billion Total Assets $7.5 Billion Total Loans & Leases $7.6 Billion Total Deposits $1.1 Billion Tangible Common Equity(2) $1.3 Billion Market Cap(1) A leading Chicago-based commercial bank with the strength, scale, and product offerings to compete effectively in our markets—delivering value to stockholders, customers, employees, and the communities we serve Preeminent Commercial Bank in Chicago Grow Customer Relationships Maintain Balance Sheet Strength Drive Profitable Growth Strategic Investment Gain market share in commercial banking Target lower middle market customers with full-service relationship banking to drive share and deepen engagement Grow low-cost deposits Build a stable funding base by growing business banking deposits and optimizing balance sheet efficiency Supplement organic growth through acquisitions Leverage acquisition expertise to capitalize on market opportunities

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2025 Year in Review Represents a non-GAAP financial measure. See "Non-GAAP Reconciliation" in the appendix. Total payout ratio is inclusive of dividends and share repurchases. $446.3 million Revenue(1) $2.89 Diluted EPS 51.83% Efficiency Ratio Delivered Successful Full Year 2025 Results Reported net income of $130.1 million, or diluted EPS of $2.89, on record revenue(1) of $446.3 million Solid PTPP ROA(1) of 2.19%, ROA of 1.36%, ROTCE(1) of 13.47% Net interest margin of 4.22%, up 25 bps Y/Y Delivered full year loan growth of 8.9%, funded by high quality deposit base which grew 2.5% Y/Y Increased capital ratios with CET1 at 12.33% and TCE/TA(1) at 11.29%, demonstrating strengthened financial stability Tangible book value per share of $23.44, up 16.7% Y/Y 9.7% Y/Y 5.1% Y/Y Improved 62 bps Y/Y $1.3 billion Capital $7.6 billion Deposits $7.5 billion Loans and Leases 16.2% Y/Y 2.5% Y/Y 8.9% Y/Y Total payout ratio(2): 32.3%

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$34.5 million $34.7 million Reported Adjusted(1) 50.32% 50.15% Reported Adjusted(1) Fourth Quarter 2025 Highlights Data as of or for the quarter ended December 31, 2025, unless otherwise noted. Comparisons against September 30, 2025, unless otherwise noted. Represents a non-GAAP financial measure. See "Non-GAAP Reconciliation" in the appendix for a reconciliation of non-GAAP measure to the most directly comparable GAAP financial measure. Annualized. Interest income and rates include the effects of a tax equivalent adjustment to adjust tax-exempt investment income on tax-exempt investment securities to a fully taxable basis, assuming a federal income tax rate of 21%. 2.32% 2.33% Reported(1)(2) Adjusted(1)(2) 12.97% 13.02% Reported(1)(2) Adjusted(1)(2) $0.76 $0.76 Reported Adjusted(1) 1.41% 1.42% Reported(2) Adjusted(1)(2) Net Income Diluted EPS PTPP ROAA Efficiency Ratio ROAA ROTCE Strong Financial Performance 12.33% Common Equity Tier 1 2.47% Non-interest expense / Average assets +3.3% Increase in Loans & Leases(2) -19 bps Decrease in Cost of Deposits -68 bps Decrease in Efficiency Ratio Net income of $34.5 million; Diluted EPS of $0.76 Pre-Tax Pre-Provision income(1) of $56.6 million; Pre-Tax Pre-Provision ROAA(1)(2) of 2.32% 13th consecutive quarter of PTPP ROAA exceeding 2.00% Net interest income of $101.3 million, up 1.4%  Revenue of $117.0 million, up 1.1% Net interest margin (FTE)(1)(3) of 4.36%, up 8 bps Loan and lease yields of 6.95%; average cost of deposits of 1.97% Stockholders' equity of $1.3 billion, up 2.4% TCE/TA(1): 11.29%, up 51 bps TBV/Share(1): $23.44, up 3.8% 5

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Highlights Total Loan Portfolio and Average Yield Loan Portfolio Trends ($ in millions) Portfolio Composition Total loan portfolio stood at $7.5 billion, up 3.3%(1) from 3Q25 Originated $322.9 million in new loans, net of loan sales in 4Q25 Production driven by commercial banking and leasing originations of $137.9 million and $74.0 million, respectively Payoff activity increased by $156.0 million from 3Q25 to $360.6 million Average loan yield of 6.95%, down 19 bps LQ and down 26 bps Y/Y, reflecting the impact of lower interest rates Utilization Rates Originations and Payoffs Last 12 Months Average (1) Annualized.

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Deposit Trends ($ in millions) Total deposits were $7.6 billion, down 2.3% from 3Q25 Decreases in time and non-interest-bearing demand deposits LQ Deposit mix shift drove lower funding costs Average cost of deposits decreased by 19 bps to 1.97% Cost of interest-bearing deposits decreased by 24 bps to 2.61% Commercial deposits accounted for 43.0% of total deposits and represent 85.1% of all non-interest-bearing deposits Highlights Cost of Interest-Bearing Deposits Avg. Non-Interest-Bearing Deposits Deposit Composition

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Net Interest Income and Net Interest Margin Trends ($ in millions) Net interest income was $101.3 million, up 1.4% from 3Q25 Increase in NII driven by lower interest expense and reduced deposit costs Net interest margin of 4.35%, up 8 basis points from 3Q25 Full year NIM expanded 25 bps to 4.22% Interest Rate Sensitivity Over a One-Year Time Horizon Rates -100 bps: ~$9 million or ~2.3% decline in NII or ~$2.2 million per 25 bps Ramp -100 bps: ~$8 million or ~2.1% decline in NII or ~$2.0 million per 25 bps Net Interest Income Highlights NIM Bridge NIM, Yields and Costs Repricing Mix $99.9 Million NII $101.3 Million NII 4.27% 4.35%

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Non-Interest Income Trends ($ in millions) Government Guaranteed Loan Sales $78.9 million of guaranteed loans sold in 4Q25 Non-interest income was $15.7 million, flat from 3Q25 Lower gain on sale primarily due to lower premiums, mix and timing of loans sold Other non-interest income up driven by higher swap fee income Volume Sold and Average Net Premiums Total Non-Interest Income Highlights Net Gains on Sales of Loans

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Non-Interest Expense Trends ($ in millions) (1) Non-interest expense of $60.4 million, flat from 3Q25 Lower loan and lease related expenses Lower data processing expenses Higher incentive compensation Efficiency ratio decreased 68 bps to 50.32% Adjusted efficiency ratio(1) of 50.15%, down 322 bps Y/Y NIE/AA of 2.47%, flat LQ Efficiency Ratio Non-Interest Expense Highlights Non-Interest Expense Bridge Represents a non-GAAP financial measure. See "Non-GAAP Reconciliation" in the appendix for a reconciliation of non-GAAP measure to the most directly comparable GAAP financial measure. ($0.7) ($0.5) $1.3 $60.5 $60.4 $0.2 ($0.4)

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Asset Quality Trends ($ in millions) Criticized & Classified Loans and Leases Net Charge-offs NPLs / Total Loans & Leases Allowance for Credit Losses (ACL) Note: Criticized & classified loans and leases risk rated special mention or worse.

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Strong Capital Position (1) Strong Capital Base Capital Ratios (1) Return on Average Tangible Common Equity Common Equity Tier 1 Capital Priorities: Increased capital ratios: CET1 of 12.33%, up 18 bps LQ and up 63 bps Y/Y TCE/TA(1) of 11.29%, up 51 bps LQ and up 168 Y/Y Repurchased 345,706 shares of common stock during 4Q25 TBV per common share of $23.44(1), up 3.8% LQ and 16.7% Y/Y 1. Fund Organic Growth 2. Dividend 3. M&A 4. Buyback Represents a non-GAAP financial measure. See "Non-GAAP Reconciliation" in the appendix for a reconciliation of non-GAAP measure to the most directly comparable GAAP financial measure.

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![Slide 13](by-ex99_2s13.jpg)

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![Slide 14](by-ex99_2s14.jpg)

Granular Deposit Base Consumer Deposits, $3.1 billion Commercial Deposits, $2.8 billion ~65% of Total Deposits are FDIC Insured …with limited concentration and granular customer base providing a stable source of funding Consumer Deposits(1) $3.7 billion at 12/31/25 Granular Deposit Base ~$31,000 Average Account Balance Customer Base ~120,000 Consumer Accounts Total Franchise 45 Branches Commercial Deposits $3.9 billion at 12/31/25 Granular Deposit Base ~$140,000 Average Account Balance Customer Base ~28,000 Commercial Accounts Consumer Deposits, $3.7 billion Commercial Deposits, $3.9 billion Uninsured 13% d Total Deposits $7.6 Billion as of 12/31/25 Core banking footprint in key urban MSAs in Wisconsin and a broad footprint in Chicago, IL A strength of our franchise is our well diversified deposit base… Excludes brokered deposits.

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Strong Liquidity and Securities Portfolio ($ in millions) Liquidity Position Cash and cash equivalents of $149.1 million, down by $112.1 million, or 42.9% from 3Q25 $1.4 billion investment portfolio all classified as AFS $2.2 billion of available borrowing capacity Uninsured deposits ratio at 34.9% Investment portfolio duration: 4.5 years; net of hedges: ~4.2 years Investment portfolio annual cash flow: ~$189 million Taxable securities yield of 3.24%, down 14 basis points from 3Q25 Highlights AFS Portfolio by Type Securities + Cash (Average)

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Unguaranteed Government-Guaranteed Exposure Represents 5.4% of Total Loans ($ in millions) ($ in millions) $ Balance % of Portfolio Unguaranteed $375.4 5.0% Guaranteed 60.0 0.8% Total SBA 7(a) Loans $435.4 5.8% Unguaranteed $31.8 0.4% Guaranteed 19.8 0.3% Total USDA Loans $51.6 0.7% ACL/Unguaranteed Loan Balance Closed $108.9 million in SBC loan commitments in 4Q25 SBA 7(a) portfolio $435.4 million, down $41.9 million, or 8.8% from 3Q25 ACL/Unguaranteed loan balance ~9.0% $1.6 billion in serviced government guaranteed loans for investors in 4Q25 Since 2016, the unguaranteed government-guaranteed exposure has decreased from 14.6% down to 5.4% in 4Q25 On Balance Sheet SBA 7(a) & USDA Loans SBA 7(a) & USDA Closed Loan Commitments Highlights $121.7 $118.3 $105.8 $123.6 $106.9

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Projected Acquisition Accounting Accretion Projected Accretion(1) ($ in millions) Projections are updated quarterly, assumes no prepayments and are subject to change.

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![Slide 18](by-ex99_2s18.jpg)

Financial Summary Represents a non-GAAP financial measure. See "Non-GAAP Reconciliation" in the appendix for a reconciliation of non-GAAP measure to the most directly comparable GAAP financial measure. Interest income and rates include the effects of a tax equivalent adjustment to adjust tax-exempt investment income on tax-exempt investment securities to a fully taxable basis, assuming a federal income tax rate of 21%. As of or For the Three Months Ended As of or For the Year Ended (dollars in thousands, except per share data) December 31, September 30, June 30, March 31, December 31, December 31, December 31, 2025 2025 2025 2025 2024 2025 2024 Income Statement Net interest income $101,255 $99,890 $95,982 $88,221 $88,524 $385,348 $348,046 Provision for credit losses 9,702 5,298 11,923 9,179 6,878 36,102 27,041 Non-interest income 15,750 15,845 14,471 14,859 16,149 60,925 58,851 Non-interest expense 60,369 60,518 59,602 56,429 57,431 236,918 218,777 Income before provision for income taxes 46,934 49,919 38,928 37,472 40,364 173,253 161,079 Provision for income taxes 12,413 12,719 8,846 9,224 10,044 43,202 40,320 Net income $34,521 $37,200 $30,082 $28,248 $30,320 $130,051 $120,759 Diluted earnings per common share(1) $0.76 $0.82 $0.66 $0.64 $0.68 $2.89 $2.75 Balance Sheet Total loans and leases HFI $7,522,990 $7,440,755 $7,328,055 $7,025,837 $6,906,822 $7,522,990 $6,906,822 Total deposits 7,647,443 7,828,197 7,810,479 7,553,308 7,458,628 7,647,443 7,458,628 Tangible common equity(1) 1,067,386 1,035,668 988,908 934,098 893,399 1,067,386 893,399 Balance Sheet Metrics Loans and leases / total deposits 98.37% 95.31% 94.15% 93.30% 92.64% 98.37% 92.64% Tangible common equity / tangible assets(1) 11.29% 10.78% 10.39% 9.95% 9.61% 11.29% 9.61% Key Performance Ratios Net interest margin 4.27% 4.27% 4.18% 4.07% 4.01% 4.22% 3.97% Efficiency ratio 51.00% 51.00% 52.61% 53.66% 53.58% 51.83% 52.45% Adjusted efficiency ratio(1) 50.27% 50.27% 48.20% 53.04% 53.37% 50.37% 52.24% Non-interest income to total revenues 13.71% 13.71% 13.11% 14.42% 15.43% 13.65% 14.46% Non-interest expense to average assets 2.47% 2.47% 2.48% 2.49% 2.48% 2.48% 2.38% Return on average assets 1.52% 1.52% 1.25% 1.25% 1.31% 1.36% 1.31% Adjusted return on average assets(1) 1.54% 1.54% 1.41% 1.27% 1.32% 1.41% 1.32% Pre-tax pre-provision return on average assets (1) 2.25% 2.25% 2.12% 2.06% 2.04% 2.19% 2.05% Dividend payout ratio on common stock 12.20% 12.20% 15.15% 15.63% 13.04% 13.84% 13.09% Tangible book value per common share(1) $23.44 $22.58 $21.56 $20.91 $20.09 $23.44 $20.09

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![Slide 19](by-ex99_2s19.jpg)

Non-GAAP Reconciliation As of or For the Three Months Ended As of or For the Year Ended (dollars in thousands, except per share data) December 31, 2025 September 30, 2025 June 30, 2025 March 31, 2025 December 31, 2024 December 31, 2025 December 31, 2024 Net income and earnings per share excluding significant items Reported Net Income $34,521 $37,200 $30,082 $28,248 $30,320 $130,051 $120,759 Significant items: Merger-related expenses — — 4,450 637 218 5,087 629 Secondary public offering of common stock expenses — — 413 — — 413 — Loss on extinguishment of debt — 843 — — — 843 — Impairment charges on assets held for sale and ROU assets 195 — — — — 195 194 Tax benefit (50) (221) (1,117) (134) (1) (1,522) (85) Adjusted Net Income $34,666 $37,822 $33,828 $28,751 $30,537 $135,067 $121,497 Reported Diluted Earnings per Share $0.76 $0.82 $0.82 $0.66 $0.64 $2.89 $2.75 Significant items: Secondary public offering of common stock expenses — — 0.01 — — 0.11 0.01 Merger-related expenses — — 0.10 0.01 — 0.01 — Loss on extinguishment of debt 0.02 0.02 — — — 0.02 — Impairment charges on assets held for sale and ROU assets — — — — — — — Tax benefit (0.01) (0.01) (0.02) — — (0.03) — Adjusted Diluted Earnings per Share $0.77 $0.83 $0.90 $0.67 $0.64 $3.00 $2.76

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![Slide 20](by-ex99_2s20.jpg)

Non-GAAP Reconciliation (continued) As of or For the Three Months Ended As of or For the Year Ended (dollars in thousands) December 31, 2025 September 30, 2025 June 30, 2025 March 31, 2025 December 31, 2024 December 31, 2025 December 31, 2024 Adjusted non-interest expense: Non-interest expense $60,369 $60,518 $59,602 $56,429 $57,431 $236,918 $161,346 Less: Merger-related expenses — — 4,450 637 218 5,087 629 Less: Secondary public offering of common stock expenses — — 413 — — 413 — Less: Loss on extinguishment of debt — 843 — — — 843 — Less: Impairment charges on assets held for sale and ROU assets 195 — — — — 195 194 Adjusted non-interest expense $60,369 $60,518 $54,739 $55,792 $57,213 $231,418 $160,717 Adjusted non-interest expense ex. amortization of intangible assets: Adjusted non-interest expense $60,369 $60,518 $54,739 $55,792 $57,213 $231,418 $160,717 Less: Amortization of intangible assets 1,494 1,494 1,499 1,118 1,345 5,605 5,380 Adjusted non-interest expense ex. amortization of intangible assets $58,875 $59,024 $53,240 $54,674 $55,868 $225,813 $155,337 Pre-tax pre-provision net income: Pre-tax income $46,934 $49,919 $38,928 $37,472 $40,364 $173,253 $161,079 Add: Provision for credit losses 9,702 5,298 11,923 9,179 6,878 36,102 27,041 Pre-tax pre-provision net income $56,636 $55,217 $50,851 $46,651 $47,242 $209,355 $188,120 Adjusted pre-tax pre-provision net income: Pre-tax pre-provision net income $56,636 $55,217 $50,851 $46,651 $47,242 $209,355 $188,120 Add: Merger-related expenses — — 4,450 637 218 5,087 629 Add: Secondary public offering of common stock expenses — — 413 — — 413 — Add: Loss on extinguishment of debt — 843 — — — 843 — Add:Impairment charges on assets held for sale and ROU assets 195 — — — — 195 194 Adjusted pre-tax pre-provision net income $56,636 $55,217 $55,714 $47,288 $47,460 $214,855 $188,749 Tax equivalent net interest income: Net interest income $101,255 $99,890 $95,982 $88,221 $88,524 $385,348 $348,046 Add: Tax-equivalent adjustment 218 228 231 228 230 901 921 Net interest income, fully taxable equivalent $101,473 $100,118 $96,213 $88,754 $87,684 $386,249 $260,213 Total revenues: Net interest income $101,255 $99,890 $95,982 $88,221 $88,524 $385,348 $348,046 Add: Non-interest income 15,750 15,845 14,471 14,859 16,149 60,925 58,851 Total revenues $117,005 $115,735 $110,453 $103,080 $104,673 $446,273 $406,897

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![Slide 21](by-ex99_2s21.jpg)

Non-GAAP Reconciliation (continued) As of or For the Three Months Ended As of or For the Year Ended (dollars in thousands) December 31, 2025 September 30, 2025 June 30, 2025 March 31, 2025 December 31, 2024 December 31, 2025 December 31, 2024 Tangible common stockholders' equity: Total stockholders' equity $1,267,906 $1,237,682 $1,192,416 $1,131,078 $1,091,497 $1,267,906 $1,091,497 Less: Goodwill and other intangibles 200,520 202,014 203,508 196,980 198,098 200,520 198,098 Tangible common stockholders' equity $1,067,386 $1,035,668 $988,908 $934,098 $893,399 $1,067,386 $893,399 Tangible assets: Total assets $9,652,676 $9,812,375 $9,720,218 $9,584,732 $9,496,529 $9,652,676 $9,496,529 Less: Goodwill and other intangibles 200,520 202,014 203,508 196,980 198,098 200,520 198,098 Tangible assets $9,452,156 $9,610,361 $9,516,710 $9,387,752 $9,298,431 $9,452,156 $9,298,431 Average tangible common stockholders' equity: Average total stockholders' equity $1,290,789 $1,208,290 $1,178,554 $1,110,168 $1,094,025 $1,197,476 $1,040,515 Less: Average goodwill and other intangibles 201,251 202,723 203,767 197,514 198,697 201,328 200,740 Average tangible common stockholders' equity $1,089,538 $1,005,567 $974,787 $912,654 $859,537 $996,148 $839,775 Average tangible assets: Average total assets $9,683,103 $9,716,920 $9,633,817 $9,186,765 $9,201,635 $9,514,443 $9,182,543 Less: Average goodwill and other intangibles 201,251 202,723 203,767 197,514 198,697 201,328 200,740 Average tangible assets $9,481,852 $9,514,197 $9,430,050 $8,989,251 $9,002,938 $9,313,115 $8,981,803 Tangible net income: Net income $34,521 $30,082 $28,248 $30,320 $30,328 $130,051 $120,759 Add: After-tax intangible asset amortization 1,104 1,103 1,107 826 1,015 4,140 3,974 Tangible net income $35,625 $31,185 $29,355 $31,146 $31,343 $134,191 $124,733 Adjusted tangible net income: Tangible net income $35,625 $31,189 $29,074 $31,335 $31,314 $134,191 $124,733 Add: Merger-related expenses — — 4,450 637 218 5,087 629 Add: Secondary public offering of common stock expenses — — 413 — — 413 — Add: Loss on extinguishment of debt — 843 — — — 843 — Add:Impairment charges on assets held for sale and ROU assets 195 — — — — 195 194 Add: Tax benefit on significant items (50) (221) (1,117) (134) (1) (1,522) (85) Adjusted tangible net income $35,770 $31,811 $32,820 $31,838 $31,531 $139,207 $125,471

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![Slide 22](by-ex99_2s22.jpg)

Non-GAAP Reconciliation (continued) As of or For the Three Months Ended As of or For the Year Ended (dollars in thousands, except share and per share data, ratios annualized, where applicable) December 31, 2025 September 30, 2025 June 30, 2025 March 31, 2025 December 31, 2024 December 31, 2025 December 31, 2024 Pre-tax pre-provision return on average assets: Pre-tax pre-provision net income $56,636 $55,217 $50,851 $46,651 $47,242 $209,355 $188,120 Average total assets 9,683,103 9,716,920 9,633,817 9,186,765 9,201,635 9,514,443 9,182,543 Pre-tax pre-provision return on average assets 2.25% 2.25% 2.12% 2.06% 2.04% 2.19% 2.05% Adjusted pre-tax pre-provision return on average assets: Adjusted pre-tax pre-provision net income $56,636 $55,217 $55,714 $47,288 $47,460 $214,855 $188,749 Average total assets 9,683,103 9,716,920 9,633,817 9,186,765 9,201,635 9,514,443 9,182,543 Adjusted pre-tax pre-provision return on average assets 2.33% 2.29% 2.32% 2.09% 2.05% 2.26% 2.06% Net interest margin, fully taxable equivalent: Net interest income, fully taxable equivalent $101,473 $100,118 $96,213 $88,754 $87,684 $284,745 $260,213 Total average interest-earning assets 9,230,799 9,288,078 9,208,156 8,785,619 8,785,176 9,130,196 8,774,014 Net interest margin, fully taxable equivalent 4.28% 4.28% 4.19% 4.08% 4.02% 4.23% 3.98% Non-interest income to total revenues: Non-interest income $15,750 $15,845 $14,471 $14,859 $16,149 $60,925 $58,851 Total revenues 117,005 115,735 110,453 103,080 104,673 446,273 406,897 Non-interest income to total revenues 13.71% 13.71% 13.11% 14.42% 15.43% 13.65% 14.46% Adjusted non-interest expense to average assets: Adjusted non-interest expense $60,369 $60,518 $54,739 $55,792 $57,213 $231,418 $160,717 Average total assets 9,683,103 9,716,920 9,633,817 9,186,765 9,201,635 9,514,443 9,182,543 Adjusted non-interest expense to average assets 2.47% 2.47% 2.48% 2.49% 2.48% 2.48% 2.38% Adjusted efficiency ratio: Adjusted non-interest expense excluding amortization of intangible assets $58,875 $59,024 $53,240 $54,674 $55,868 $225,813 $155,337 Total revenues 117,005 115,735 110,453 103,080 104,673 446,273 406,897 Adjusted efficiency ratio 50.27% 50.27% 48.20% 53.04% 53.37% 50.37% 52.24% Adjusted return on average assets: Adjusted net income $34,666 $37,822 $33,828 $28,751 $30,537 $135,067 $121,497 Average total assets 9,683,103 9,716,920 9,633,817 9,186,765 9,201,635 9,514,443 9,182,543 Adjusted return on average assets 1.54% 1.54% 1.41% 1.27% 1.32% 1.41% 1.32% Adjusted return on average stockholders' equity: Adjusted net income $34,666 $37,822 $33,828 $28,751 $30,537 $135,067 $121,497 Average stockholders' equity 1,290,789 1,208,290 1,178,554 1,110,168 1,094,025 1,197,476 1,040,515 Adjusted return on average stockholders' equity 10.65% 12.42% 11.51% 10.50% 11.10% 11.28% 11.68%

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![Slide 23](by-ex99_2s23.jpg)

Non-GAAP Reconciliation (continued) As of or For the Three Months Ended As of or For the Year Ended December 31, 2025 September 30, 2025 June 30, 2025 March 31, 2025 December 31, 2024 December 31, 2025 December 31, 2024 Tangible common equity to tangible assets: Tangible common equity $1,067,386 $1,035,668 $988,908 $934,098 $893,399 $1,067,386 $893,399 Tangible assets 9,452,156 9,610,361 9,516,710 9,387,752 9,298,431 9,452,156 9,298,431 Tangible common equity to tangible assets 11.29% 10.78% 10.39% 9.95% 9.61% 11.29% 9.61% Return on average tangible common stockholders' equity: Tangible net income $35,625 $31,185 $29,355 $31,146 $31,343 $134,191 $124,733 Average tangible common stockholders' equity 1,089,538 1,005,567 974,787 912,654 859,537 996,148 839,775 Return on average tangible common stockholders' equity 12.97% 15.11% 12.83% 12.92% 13.92% 13.47% 14.85% Adjusted return on average tangible common stockholders' equity: Adjusted tangible net income $35,770 $31,811 $32,820 $31,838 $31,531 $139,207 $125,471 Average tangible common stockholders' equity 1,089,538 1,005,567 974,787 912,654 859,537 996,148 839,775 Adjusted return on average tangible common stockholders' equity 13.02% 15.36% 14.37% 13.14% 14.02% 13.97% 14.94% Tangible book value per share: Tangible common equity $1,067,386 $1,035,668 $988,908 $934,098 $893,399 $1,067,386 $893,399 Common shares outstanding 45,545,928 45,859,977 45,866,649 44,675,553 44,459,584 45,545,928 44,459,584 Tangible book value per share $23.44 $22.58 $21.56 $20.91 $20.09 $23.44 $20.09

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![Slide 24](by-ex99_2s24.jpg)

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