BYLINE BANCORP, INC. Segments Disclosure
Note 26—Segment Information
We have one reportable segment: banking operations. Loans and leases, securities, deposits, and non-interest income provide the revenues of the banking operation. Loan and lease products offered to customers generate a majority of our interest and fee income. Deposit products also generate fees and service charge income. Interest income earned on securities, and net gains on the sales of loans to third parties are other sources of revenue. Interest expense, provisions for credit losses, salaries and employee benefits, and data processing provide the significant expenses in banking operations. These significant expenses are the same as those disclosed in our Consolidated Financial Statements. The accounting policies of the banking operations are the same as those described in Note 1–Business and Summary of Significant Accounting Policies. All operations are domestic.
Our chief operating decision makers ("CODMs") are the . The CODMs are provided with consolidated balance sheets, income statements, and net interest margin analyses in order to evaluate revenue streams, significant expenses, and budget-to-actual results in assessing our segment and determining the allocation of resources. Our CODMs also review performance of various components of banking operations, such as loan portfolio types, funding sources, and overhead, to assess product pricing and significant expenses and to evaluate return on assets. The CODMs use consolidated net income to benchmark us against our competitors and monitor our budget-to-actual results to assess performance and establish compensation.
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Years ended December 31, |
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2025 |
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2024 |
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2023 |
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Interest and dividend income |
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$ |
572,220 |
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$ |
565,929 |
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$ |
479,478 |
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Reconciliation of revenue: |
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Other noninterest income |
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60,925 |
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58,851 |
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56,315 |
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Total consolidated revenue |
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633,145 |
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624,780 |
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535,793 |
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Less: |
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Interest expense |
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186,872 |
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217,883 |
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148,857 |
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Segment net interest income and noninterest income |
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446,273 |
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406,897 |
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386,936 |
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Less: |
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Provision for credit losses |
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36,102 |
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27,041 |
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31,653 |
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Salaries and employee benefits |
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150,376 |
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140,119 |
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126,979 |
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Depreciation and amortization |
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12,166 |
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12,630 |
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12,992 |
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Data processing |
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19,445 |
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16,869 |
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19,509 |
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Other segment items(1) |
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54,931 |
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49,159 |
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50,123 |
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Income tax expense |
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43,202 |
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40,320 |
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|
37,802 |
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Segment net income |
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130,051 |
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120,759 |
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107,878 |
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Reconciliation of profit or loss: |
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Adjustments and reconciling items |
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— |
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— |
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— |
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Consolidated net income |
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$ |
130,051 |
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$ |
120,759 |
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$ |
107,878 |
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Reconciliation of assets |
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Total assets for reportable segment |
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$ |
9,652,676 |
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$ |
9,496,529 |
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$ |
8,881,967 |
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Adjustments and reconciling items |
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— |
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— |
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— |
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Total consolidated assets |
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$ |
9,652,676 |
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$ |
9,496,529 |
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$ |
8,881,967 |
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(1) Other segment items include: legal, audit, and other professional fees, other occupancy expense, regulatory assessments, advertising and promotion expense, impairment charges on assets held for sale, loan and lease related expenses, net loss recognized on other real estate owned and other related expenses, other intangible assets amortization expense, telecommunications, and other non-interest expense.
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 27, 2026 | Showing above |
| 2024 | Feb 28, 2025 | |
About Segments Disclosures
Segment disclosures break a company into its reportable operating units, revealing revenue, profit, and asset allocation that consolidated financial statements obscure. Under ASC 280, segments must match how the chief operating decision maker views the business, providing a window into internal management structure and resource allocation priorities.
Key signals: compare segment margins to identify which units drive profitability and which destroy value. Watch for changes in the number of reportable segments — segment aggregation or disaggregation often coincides with strategic shifts or attempts to obscure declining performance. Intersegment elimination patterns reveal internal pricing practices. The reconciliation between segment totals and consolidated figures exposes corporate overhead allocation and unallocated items. Geographic revenue concentration highlights regulatory and currency exposure. Compare segment-level capital expenditure against segment revenue to assess where management is investing for future growth versus harvesting existing assets.