Byline Bancorp Management

Management criteria checks 3/4

Byline Bancorp's CEO is Roberto Herencia, appointed in Feb 2021, has a tenure of 3.75 years. total yearly compensation is $2.66M, comprised of 32.6% salary and 67.4% bonuses, including company stock and options. directly owns 0.76% of the company’s shares, worth €10.11M. The average tenure of the management team and the board of directors is 3.8 years and 6.1 years respectively.

Key information

Roberto Herencia

Chief executive officer

US$2.7m

Total compensation

CEO salary percentage	32.6%
CEO tenure	3.8yrs
CEO ownership	0.8%
Management average tenure	3.8yrs
Board average tenure	6.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Roberto Herencia's remuneration changed compared to Byline Bancorp's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$120m
Jun 30 2024	n/a	n/a	US$118m
Mar 31 2024	n/a	n/a	US$114m
Dec 31 2023	US$3m	US$867k	US$108m
Sep 30 2023	n/a	n/a	US$101m
Jun 30 2023	n/a	n/a	US$95m
Mar 31 2023	n/a	n/a	US$90m
Dec 31 2022	US$2m	US$825k	US$88m
Sep 30 2022	n/a	n/a	US$82m
Jun 30 2022	n/a	n/a	US$85m
Mar 31 2022	n/a	n/a	US$93m
Dec 31 2021	US$4m	US$825k	US$92m
Sep 30 2021	n/a	n/a	US$87m
Jun 30 2021	n/a	n/a	US$75m
Mar 31 2021	n/a	n/a	US$56m
Dec 31 2020	US$816k	n/a	US$37m
Sep 30 2020	n/a	n/a	US$40m
Jun 30 2020	n/a	n/a	US$43m
Mar 31 2020	n/a	n/a	US$47m
Dec 31 2019	US$818k	n/a	US$56m
Sep 30 2019	n/a	n/a	US$57m
Jun 30 2019	n/a	n/a	US$57m
Mar 31 2019	n/a	n/a	US$46m
Dec 31 2018	US$822k	n/a	US$40m
Sep 30 2018	n/a	n/a	US$23m
Jun 30 2018	n/a	n/a	US$18m
Mar 31 2018	n/a	n/a	US$11m
Dec 31 2017	US$855k	n/a	US$10m

Compensation vs Market: Roberto's total compensation ($USD2.66M) is above average for companies of similar size in the German market ($USD1.64M).

Compensation vs Earnings: Roberto's compensation has been consistent with company performance over the past year.

CEO

Roberto Herencia (64 yo)

3.8yrs

Tenure

US$2,660,867

Compensation

Mr. Roberto R. Herencia serves as Director at Christian Brothers Investment Services, Inc. from July, 2022. He has been a Director for First BanCorp. since October 7, 2011.Mr. Herencia serves as an Adviso...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Roberto Herencia	Executive Chairman of the Board & CEO	3.8yrs	US$2.66m	0.76% € 10.1m
Alberto Paracchini	President & Director	11.4yrs	US$1.50m	0.38% € 5.1m
Thomas Bell	Executive VP	2.3yrs	US$842.46k	0.20% € 2.6m
Brogan Ptacin	Executive VP & Head of Commercial Banking	5.8yrs	US$695.84k	0.039% € 526.1k
Thomas Abraham	President of Small Business Capital	5.5yrs	US$985.27k	0.15% € 2.0m
Nicolas Mando	Executive VP	3.8yrs	no data	0.020% € 271.9k
Maria Sherylle Olano	Senior VP & Chief Accounting Officer	2.3yrs	no data	0.034% € 456.3k
Brooks Rennie	Head of Investor Relations	no data	no data	no data
Dana Rose	Executive VP & Chief Human Resources Officer	3.8yrs	no data	0.020% € 265.5k
Megan Biggam	Executive VP & Head of Community Banking	no data	no data	0.033% € 438.0k
John Barkidjija	Executive VP & Head of Commercial Real Estate and Specialty Finance	no data	no data	0.045% € 607.5k
Michelle Johnson	Executive VP & Chief Risk Officer of Byline Bank	5.8yrs	no data	0.010% € 139.4k

3.8yrs

Average Tenure

54yo

Average Age

Experienced Management: 44F's management team is considered experienced (3.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Roberto Herencia	Executive Chairman of the Board & CEO	11.4yrs	US$2.66m	0.76% € 10.1m
Alberto Paracchini	President & Director	11.4yrs	US$1.50m	0.38% € 5.1m
Steven Kent	Independent Director	5.4yrs	US$123.75k	0.19% € 2.6m
Antonio Del Valle Perochena	Lead Independent Director	11.4yrs	US$135.00k	26.66% € 356.1m
Carlos Ruiz Sacristan	Director	1.1yrs	US$25.00k	0.074% € 987.8k
Margarita Hugues Vélez	Independent Director	2.6yrs	US$96.51k	0.015% € 207.0k
Phillip Cabrera	Independent Director	11.4yrs	US$113.75k	0.039% € 525.6k
William Kistner	Independent Director	6.6yrs	US$115.71k	0.033% € 442.9k
Mary Jo Herseth	Independent Director	5.6yrs	US$120.00k	0.037% € 488.3k
Pamela Stewart	Director	1.3yrs	US$24.58k	0.014% € 190.7k

6.1yrs

Average Tenure

65.5yo

Average Age

Experienced Board: 44F's board of directors are considered experienced (6.1 years average tenure).

Byline Bancorp Management

Management criteria checks 3/4

Key information

Recent management updates

President & Director recently sold €283k worth of stock

Insider recently sold €207k worth of stock

Byline Bancorp, Inc., Annual General Meeting, Jun 04, 2024

Byline Bancorp, Inc. and Byline Bank Appoint Carlos Ruiz Sacristán as Member of Risk Committee

Lead Independent Director recently bought €299k worth of stock

Lead Independent Director recently bought €179k worth of stock

Recent updates

President & Director recently sold €283k worth of stock

Investor sentiment improves as stock rises 17%

Third quarter dividend of US$0.09 announced

Third quarter 2024 earnings released: EPS: US$0.70 (vs US$0.66 in 3Q 2023)

Byline Bancorp, Inc. to Report Q3, 2024 Results on Oct 24, 2024

Byline Bancorp, Inc. (NYSE:BY) entered into a definitive merger agreement to acquirer First Security Bancorp, Inc for $41.84 million.

New minor risk - Insider selling

Insider recently sold €207k worth of stock

Second quarter dividend of US$0.09 announced

Second quarter 2024 earnings released: EPS: US$0.68 (vs US$0.70 in 2Q 2023)

Investor sentiment improves as stock rises 17%

Byline Bancorp, Inc. to Report Q2, 2024 Results on Jul 25, 2024

First quarter dividend of US$0.09 announced

First quarter 2024 earnings released: EPS: US$0.70 (vs US$0.65 in 1Q 2023)

Byline Bancorp, Inc., Annual General Meeting, Jun 04, 2024

Byline Bancorp, Inc. and Byline Bank Appoint Carlos Ruiz Sacristán as Member of Risk Committee

Byline Bancorp, Inc. to Report Q1, 2024 Results on Apr 25, 2024

Full year 2023 earnings released: EPS: US$2.69 (vs US$2.37 in FY 2022)

Lead Independent Director recently bought €299k worth of stock

Fourth quarter dividend of US$0.09 announced

Full year 2023 earnings released: EPS: US$2.69 (vs US$2.37 in FY 2022)

Byline Bancorp, Inc. Declares Cash Dividend, Payable on February 20, 2024

Byline Bancorp, Inc. to Report Q4, 2023 Results on Jan 25, 2024

Lead Independent Director recently bought €179k worth of stock

Byline Bancorp, Inc. Declares Cash Dividend. Payable on November 21, 2023

Third quarter 2023 earnings released: EPS: US$0.66 (vs US$0.61 in 3Q 2022)

Byline Bancorp, Inc. to Report Q3, 2023 Results on Oct 26, 2023

Byline Bancorp, Inc and Byline Bank Announces the Appointment of Carlos Ruiz Sacristán to Its Board of Directors, Effective October 4, 2023

Lead Independent Director recently bought €196k worth of stock

Lead Independent Director recently bought €395k worth of stock

New minor risk - Shareholder dilution

Second quarter 2023 earnings released: EPS: US$0.70 (vs US$0.55 in 2Q 2022)

Byline Bancorp, Inc. to Report Q2, 2023 Results on Jul 27, 2023

Byline Bancorp, Inc. and Byline Bank Announce Board Appointments

New minor risk - Share price stability

Lead Independent Director recently bought €832k worth of stock

First quarter 2023 earnings released: EPS: US$0.65 (vs US$0.60 in 1Q 2022)

Lead Independent Director recently bought €957k worth of stock

Investor sentiment deteriorates as stock falls 19%

Lead Independent Director recently bought €1.1m worth of stock

Lead Independent Director recently bought €313k worth of stock

Lead Independent Director recently bought €501k worth of stock

Byline Bancorp, Inc. Declares Cash Dividend, Payable on February 21, 2023

Full year 2022 earnings released: EPS: US$2.37 (vs US$2.45 in FY 2021)

Byline Bancorp, Inc. to Report Q4, 2022 Results on Jan 26, 2023

Lead Independent Director recently bought €932k worth of stock

Byline Bancorp, Inc. (NYSE:BY) entered into a definitive merger agreement to acquire Inland Bancorp, Inc. for approximately $170 million.

Insufficient new directors

Upcoming dividend of US$0.09 per share

Third quarter 2022 earnings released: EPS: US$0.61 (vs US$0.68 in 3Q 2021)

Byline Bancorp, Inc. Reports Net Charge-Offs for the Third Quarter Ended September 30, 2022

Byline Bancorp, Inc. to Report Q3, 2022 Results on Oct 27, 2022

Insufficient new directors

Second quarter 2022 earnings released: EPS: US$0.55 (vs US$0.74 in 2Q 2021)

Byline Bancorp, Inc. Declares Cash Dividend, Payable on August 23, 2022

Byline Bancorp, Inc. to Report Q2, 2022 Results on Jul 28, 2022

Insufficient new directors

Insider recently sold €237k worth of stock

Independent Director recently bought €112k worth of stock

First quarter 2022 earnings released: EPS: US$0.60 (vs US$0.57 in 1Q 2021)

Byline Bancorp, Inc. Announces Board Changes

Byline Bancorp, Inc. to Report Q1, 2022 Results on Apr 28, 2022

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Upcoming dividend of US$0.09 per share

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Byline Bancorp, Inc. Declares Cash Dividend, Payable on February 22, 2022

Upcoming dividend of US$0.09 per share

Third quarter 2021 earnings released: EPS US$0.68 (vs US$0.34 in 3Q 2020)

Independent Director recently bought €56k worth of stock