Byline Bancorp, Inc. Financial Statements — BY Stock

Income Statement	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Sales/Revenue/Turnover	90	113	169	222	263	269	304	320	384	404
+ Sales & Services Revenue	90	113	169	222	263	269	304	320	384	404
- Cost of Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cost of Goods & Services	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Profit	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Selling, General & Admin	48	51	68	82	99	91	103	121	131	145
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	-48	-51	-68	-82	-99	-91	-103	-121	-131	-145
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Non-Operating (Income) Loss	15	-5	-41	-55	-77	-52	-124	-115	-146	-161
+ Interest Expense, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	15	-5	-41	-55	-77	-52	-124	-115	-146	-161
Pretax Income	-15	5	41	55	77	52	124	115	146	161
- Income Tax Expense (Benefit)	- -	-61	19	14	20	14	31	27	38	40
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	-15	67	22	41	57	37	93	88	108	121
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	-15	67	22	41	57	37	93	88	108	121
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	-15	67	22	41	57	37	93	88	108	121
- Preferred Dividends	- -	- -	11	1	1	1	1	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	-15	67	10	40	56	37	92	88	108	121
Basic Weighted Avg Shares	25	25	27	33	37	38	38	37	40	43
Basic EPS, GAAP	-0.61	2.71	0.39	1.21	1.51	0.96	2.45	2.37	2.69	2.78
Basic EPS from Cont Ops	-0.61	2.71	0.8	1.24	1.53	0.99	2.47	2.38	2.69	2.78
Diluted Weighted Avg Shares	25	25	28	34	38	38	38	37	40	44
Diluted EPS, GAAP	-0.6	2.66	0.38	1.18	1.48	0.96	2.4	2.34	2.67	2.75
Diluted EPS from Cont Ops	-0.6	2.66	0.79	1.2	1.5	0.98	2.42	2.35	2.67	2.75
EBITDA	9	8	8	6	6	6	6	4	5	5
EBITDA Margin (%)	9.79	7.15	4.9	2.51	2.43	2.41	1.97	1.34	1.18	1.25
EBITA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Profit Margin (%)	-16.69	59.16	12.87	18.57	21.66	13.91	30.56	27.47	28.12	29.92
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	0.42	0.02	0.02	0.17	0.32	0.37	0.36	0.36
Depreciation Expense	9	8	8	6	6	6	6	4	5	5

Balance Sheet	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Total Current Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash, Cash Equivalents & STI	813	655	642	940	1,267	1,531	1,612	1,354	1,569	1,729
+ Cash & Cash Equivalents	45	47	58	122	81	83	158	179	226	563
+ ST Investments	768	609	583	818	1,186	1,447	1,455	1,174	1,342	1,166
+ Accounts & Notes Receiv	125	166	222	207	235	387	387	558	737	787
+ Accounts Receivable, Net	5	7	8	11	13	21	19	30	44	41
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	120	159	214	197	222	366	368	528	693	747
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	-937	-821	-863	-1,147	-1,502	-1,918	-1,999	-1,911	-2,305	-2,517
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Property, Plant & Equip, Net	115	102	95	98	96	87	74	68	79	70
+ Property, Plant & Equip	124	112	125	120	122	121	107	103	112	104
- Accumulated Depreciation	9	10	30	22	26	34	33	35	33	34
+ LT Investments & Receivables	879	768	722	937	1,218	1,482	1,493	1,204	1,372	1,445
+ LT Investments	879	768	722	937	1,218	1,482	1,493	1,204	1,372	1,445
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	-994	-871	-817	-1,034	-1,314	-1,569	-1,567	-1,272	-1,451	-1,515
+ Total Intangible Assets	48	72	71	162	180	173	166	159	203	198
+ Goodwill	26	52	55	128	148	148	148	148	182	182
+ Other Intangible Assets	22	20	17	33	32	24	17	11	22	16
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	-1,042	-942	-888	-1,196	-1,495	-1,742	-1,733	-1,431	-1,655	-1,714
Total Assets	2,480	3,296	3,366	4,943	5,522	6,391	6,696	7,363	8,882	9,497
+ Payables & Accruals	1	2	1	3	4	1	- -	4	22	21
+ Accounts Payable	1	2	1	3	4	1	- -	4	22	21
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Debt	- -	21	- -	- -	- -	- -	- -	- -	11	- -
+ ST Borrowings	- -	21	- -	- -	- -	- -	- -	- -	11	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	-1	-23	-1	-3	-4	-1	- -	-4	-33	-21
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	-1	-23	-1	-3	-4	-1	- -	-4	-33	-21
Total Current Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Debt	63	341	389	462	527	344	616	750	502	743
+ LT Borrowings	63	341	389	462	527	344	600	736	488	732
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	16	14	14	11
+ Other LT Liabilities	-63	-341	-389	-462	-527	-344	-616	-750	-502	-743
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	-63	-341	-389	-462	-527	-344	-616	-750	-502	-743
Total Noncurrent Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Liabilities	2,292	2,913	2,908	4,292	4,772	5,585	5,860	6,597	7,892	8,405
+ Preferred Equity and Hybrid Capital	15	25	10	10	10	10	10	- -	- -	- -
+ Share Capital & APIC	195	626	392	547	581	588	594	599	711	718
+ Common Stock	194	312	- -	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	1	314	392	547	581	587	594	598	710	718
- Treasury Stock	- -	- -	- -	- -	- -	2	32	51	50	47
+ Retained Earnings	-16	51	61	103	159	191	272	336	429	534
+ Other Equity	-6	-7	-5	-9	-1	18	-8	-118	-100	-114
Equity Before Minority Interest	188	383	459	651	750	805	836	766	990	1,091
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	188	383	459	651	750	805	836	766	990	1,091
Total Liabilities & Equity	2,480	3,296	3,366	4,943	5,522	6,391	6,696	7,363	8,882	9,497
Shares Outstanding	28	28	29	36	38	39	38	37	44	44
Capital Leases - Total	- -	- -	- -	- -	- -	- -	16	14	14	11
Net Debt	18	315	331	340	447	260	442	557	273	168
Net Debt to Equity	9.47	82.26	72.14	52.24	59.54	32.33	52.91	72.69	27.55	15.43
Tangible Common Equity Ratio	5.15	8.85	11.44	10.01	10.47	10.01	10.11	8.42	9.06	9.61
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Cash Flow Statement	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
+ Net Income	-15	67	22	41	57	37	93	88	108	121
+ Depreciation & Amortization	9	8	8	6	6	6	6	4	5	5
+ Non-Cash Items	-28	-60	8	42	-15	32	21	91	62	-13
+ Stock-Based Compensation	1	1	1	2	2	3	4	5	7	8
+ Deferred Income Taxes	- -	-62	17	15	-1	-9	- -	26	27	-3
+ Asset Impairment Charge	1	1	1	1	1	5	16	- -	2	1
+ Other Non-Cash Adj	-30	- -	-11	25	-17	34	1	60	26	-20
+ Chg in Non-Cash Work Cap	-9	-11	-11	-9	-19	33	-46	37	-8	63
+ (Inc) Dec in Accts Receiv	-1	-1	-1	-6	-13	4	-30	-75	-1	20
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	-7	-6	-10	-4	-5	29	-15	111	-7	42
+ Inc (Dec) in Other	-1	-4	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	-43	4	27	80	29	109	74	220	166	175
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	1	1	- -	1	- -	- -	- -	- -	- -	1
+ Disp of Fixed Prod Assets	1	1	- -	1	- -	- -	- -	- -	- -	1
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-4	-6	-3	-3	-4	-4	-2	-4	-4	-4
+ Acq of Fixed Prod Assets	-4	-6	-3	-3	-4	-4	-2	-4	-4	-4
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Change in LT Investment	-204	149	44	-98	-230	-332	36	87	92	-77
+ Dec in LT Investment	774	766	98	108	320	646	682	191	278	275
+ Inc in LT Investment	-977	-617	-53	-206	-550	-978	-645	-104	-186	-352
+ Net Cash From Acq & Div	- -	-11	- -	20	4	- -	- -	- -	8	- -
+ Cash from Divestitures	- -	- -	- -	20	4	- -	- -	- -	8	- -
+ Cash for Acq of Subs	- -	-11	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	17	-435	-103	-290	-21	-550	-271	-903	-432	-250
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-189	-302	-62	-369	-251	-886	-236	-820	-336	-331
+ Dividends Paid	- -	- -	-11	-1	-1	-6	-12	-14	-15	-16
+ Net Cash From Debt	38	307	7	64	54	188	-116	135	-310	232
+ Cash From Debt	1,944	6,572	3,037	5,932	8,516	9,992	13,534	22,270	17,730	2,975
+ Repayments of Debt	-1,906	-6,265	-3,030	-5,868	-8,462	-9,804	-13,650	-22,134	-18,041	-2,743
+ Cash (Repurchase) of Equity	- -	50	77	3	4	2	-27	-16	2	5
+ Increase in Capital Stock	- -	50	77	3	4	4	2	2	2	5
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	-2	-29	-17	- -	- -
+ Other Financing Activities	83	-58	-26	288	123	597	391	515	540	272
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	121	299	47	353	180	780	236	621	217	493
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	-112	2	12	64	-41	3	75	21	47	337
Capital Expenditures	-4	-6	-3	-3	-4	-4	-2	-4	-4	-4
EBITDA	9	8	8	6	6	6	6	4	5	5
EBITDA Margin (%)	9.79	7.15	4.9	2.51	2.43	2.41	1.97	1.34	1.18	1.25
Net Cash Paid for Acquisitions	- -	11	- -	-20	-4	- -	- -	- -	-8	- -
Free Cash Flow	-47	-2	24	77	25	105	72	217	162	171
Free Cash Flow to Firm	- -	- -	24	77	25	105	72	217	162	171
Free Cash Flow to Equity	- -	317	5	142	78	292	-44	341	-148	404
Free Cash Flow per Basic Share	-1.93	-0.07	0.9	2.32	0.67	2.76	1.92	5.86	4.05	3.94
Price/Free Cash Flow	- -	- -	19.97	6.4	20.57	4.92	13.01	3.71	5.51	7.07
Cash Flow to Net Income	2.9	0.06	1.24	1.94	0.51	2.91	0.8	2.51	1.54	1.45

Byline Bancorp, Inc.

Income Statement

Balance Sheet

Cash Flow Statement