Byline Bancorp (BY) Tax Rate (2016 - 2026)
Byline Bancorp (BY) reported Tax Rate of 24.35% for Q1 2026, down 27.0% on a YoY basis from 33.36% in Q1 2025, and up 145.78% quarter-over-quarter from 9.91% in Q4 2025.
Byline Bancorp (BY) Tax Rate (2016 - 2026) Analysis & Trends
Byline Bancorp has reported Tax Rate for 11 years, with the latest figure at 24.35% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 27.0% year-over-year to 24.35%; the trailing twelve-month figure through Mar 2026 stood at 20.66% (down 429.0% YoY), and the FY2025 full-year result was 20.46%, down 458.0% from the prior year.
- Tax Rate for Q1 2026 stood at 24.35%, up from 9.91% in the prior quarter.
- The five-year high for Tax Rate was 26.12% in Q2 2023, with the low at 254.77% in Q3 2022.
- Historically, Tax Rate has averaged 6.08% across 5 years, with a median of 24.62% in 2025.
- Annual changes were most pronounced in 2022 — Tax Rate plunged 27991 bps — and 2023, when it soared 28076 bps.
- Byline Bancorp's Tax Rate stood at 23.21% in 2022, then advanced by 12 bps to 25.93% in 2023, then retreated by 4 bps to 24.88% in 2024, then tumbled by 60 bps to 9.91% in 2025, then surged by 146 bps to 24.35% in 2026.
- The last three Tax Rate figures came in at 24.35% (Q1 2026), 9.91% (Q4 2025), and 25.48% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -22.54% |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -23.21% |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 19.21% |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 19.83% |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -25.87% |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | 25.76% |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Byline Bancorp | 1.59 Bn | 1.39 Bn | - | 24.35% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.35% |
| Mar 31, 2026 | 24.35% |
| Dec 31, 2025 | 9.91% |
| Dec 31, 2025 | 9.91% |
| Sep 30, 2025 | 25.48% |
| Sep 30, 2025 | 25.48% |
| Jun 30, 2025 | 22.72% |
| Jun 30, 2025 | 22.72% |
| Mar 31, 2025 | 24.62% |
| Mar 31, 2025 | 24.62% |
| Dec 31, 2024 | 24.88% |
| Dec 31, 2024 | 24.88% |
| Sep 30, 2024 | 24.25% |
| Sep 30, 2024 | 24.25% |
| Jun 30, 2024 | 26.04% |
| Jun 30, 2024 | 26.04% |
| Mar 31, 2024 | 24.95% |
| Mar 31, 2024 | 24.95% |
| Dec 31, 2023 | 25.93% |
| Dec 31, 2023 | 25.93% |