Byline Bancorp (BY) Rent Expense (2016 - 2019)
Byline Bancorp's (BY) quarterly Rent Expense came in at $4.3 million in Q4 2019, up 6.93% on a YoY basis from $4.0 million in Q4 2018, and up 14.98% quarter-over-quarter from $3.7 million in Q3 2019.
Analysis
Byline Bancorp (BY) Rent Expense (2016 - 2019) Analysis & Trends
Byline Bancorp (BY) has reported Rent Expense for 4 consecutive years, with $4.3 million the latest figure, recorded in Q4 2019.
- For the quarter ending Q4 2019, Rent Expense rose 6.93% year-over-year to $4.3 million; the trailing twelve-month figure through Dec 2019 stood at $16.7 million (up 5.3% YoY), and the FY2025 full-year result was $14.5 million, down 1.18% from the prior year.
- Rent Expense rose to $4.3 million in Q4 2019 per BY's latest filing, from $3.7 million in the prior quarter.
- Across five years, Rent Expense topped out at $4.5 million in Q2 2018 and bottomed at $3.3 million in Q3 2017.
- Historically, Rent Expense has averaged $3.8 million across 4 years, with a median of $3.8 million in 2018.
- The sharpest annual moves came in 2017 and 2018: Rent Expense decreased 7.29% in 2017, then grew 29.1% in 2018.
- Over 4 years, Rent Expense stood at $3.8 million in 2016, then declined by 6.97% to $3.6 million in 2017, then gained by 13.34% to $4.0 million in 2018, then climbed by 6.93% to $4.3 million in 2019.
- According to Business Quant data, Rent Expense over the past three periods registered $4.3 million, $3.7 million, and $4.3 million for Q4 2019, Q3 2019, and Q2 2019 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 950.85 Bn | 950.85 Bn | - | - |
| 2 | Truist Financial | 61.46 Bn | 61.46 Bn | - | 171.00 Mn |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.71 Bn | - | 154.00 Mn |
| 4 | M&T Bank | 34.72 Bn | 34.72 Bn | - | 129.00 Mn |
| 5 | Huntington Bancshares | 33.60 Bn | 29.07 Bn | - | 90.00 Mn |
| 6 | Citizens Financial | 29.31 Bn | 29.31 Bn | - | 108.00 Mn |
| 7 | Regions Financial | 25.53 Bn | 25.53 Bn | - | 73.00 Mn |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn | 59.00 Mn |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - | 68.00 Mn |
| 10 | Byline Bancorp | 1.69 Bn | 1.47 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2019 | 4.31 Mn |
| Sep 30, 2019 | 3.75 Mn |
| Jun 30, 2019 | 4.34 Mn |
| Mar 31, 2019 | 4.28 Mn |
| Dec 31, 2018 | 4.03 Mn |
| Sep 30, 2018 | 3.55 Mn |
| Jun 30, 2018 | 4.50 Mn |
| Mar 31, 2018 | 3.76 Mn |
| Dec 31, 2017 | 3.55 Mn |
| Sep 30, 2017 | 3.30 Mn |
| Jun 30, 2017 | 3.49 Mn |
| Mar 31, 2017 | 3.74 Mn |
| Dec 31, 2016 | 3.82 Mn |
| Sep 30, 2016 | 3.36 Mn |
| Jun 30, 2016 | 3.76 Mn |