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Side-by-side financial comparison of BYLINE BANCORP, INC. (BY) and Emerald Holding, Inc. (EEX). Click either name above to swap in a different company.

Emerald Holding, Inc. is the larger business by last-quarter revenue ($132.7M vs $112.4M, roughly 1.2× BYLINE BANCORP, INC.). BYLINE BANCORP, INC. runs the higher net margin — 33.4% vs -22.8%, a 56.2% gap on every dollar of revenue. On growth, Emerald Holding, Inc. posted the faster year-over-year revenue change (24.3% vs 9.0%). Over the past eight quarters, BYLINE BANCORP, INC.'s revenue compounded faster (6.4% CAGR vs -0.3%).

Byline Bank is a bank headquartered in Chicago, Illinois, United States. It is the primary subsidiary of Byline Bancorp, Inc., a bank holding company, and the 4th largest SBA 7(a) lender.

TVS Emerald Haven Realty Limited is an Indian real estate development company headquartered in Chennai, Tamil Nadu. A subsidiary of TVS Holdings, it specializes in sustainable residential communities and urban development projects.

BY vs EEX — Head-to-Head

Bigger by revenue
EEX
EEX
1.2× larger
EEX
$132.7M
$112.4M
BY
Growing faster (revenue YoY)
EEX
EEX
+15.2% gap
EEX
24.3%
9.0%
BY
Higher net margin
BY
BY
56.2% more per $
BY
33.4%
-22.8%
EEX
Faster 2-yr revenue CAGR
BY
BY
Annualised
BY
6.4%
-0.3%
EEX

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BY
BY
EEX
EEX
Revenue
$112.4M
$132.7M
Net Profit
$37.6M
$-30.2M
Gross Margin
Operating Margin
-11.8%
Net Margin
33.4%
-22.8%
Revenue YoY
9.0%
24.3%
Net Profit YoY
33.0%
-692.2%
EPS (diluted)
$0.83
$-0.15

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BY
BY
EEX
EEX
Q1 26
$112.4M
Q4 25
$117.0M
$132.7M
Q3 25
$115.7M
$77.5M
Q2 25
$110.5M
$105.5M
Q1 25
$103.1M
$147.7M
Q4 24
$104.7M
$106.8M
Q3 24
$101.8M
$72.6M
Q2 24
$99.4M
$86.0M
Net Profit
BY
BY
EEX
EEX
Q1 26
$37.6M
Q4 25
$34.5M
$-30.2M
Q3 25
$37.2M
$-14.4M
Q2 25
$30.1M
$-1.4M
Q1 25
$28.2M
$15.3M
Q4 24
$30.3M
$5.1M
Q3 24
$30.3M
$-11.1M
Q2 24
$29.7M
$-2.8M
Operating Margin
BY
BY
EEX
EEX
Q1 26
Q4 25
40.1%
-11.8%
Q3 25
43.1%
-10.1%
Q2 25
35.2%
9.7%
Q1 25
36.4%
24.2%
Q4 24
38.6%
19.5%
Q3 24
39.3%
-6.5%
Q2 24
40.4%
7.4%
Net Margin
BY
BY
EEX
EEX
Q1 26
33.4%
Q4 25
34.1%
-22.8%
Q3 25
32.1%
-18.6%
Q2 25
27.2%
-1.3%
Q1 25
27.4%
10.4%
Q4 24
34.3%
4.8%
Q3 24
29.8%
-15.3%
Q2 24
29.9%
-3.3%
EPS (diluted)
BY
BY
EEX
EEX
Q1 26
$0.83
Q4 25
$0.77
$-0.15
Q3 25
$0.82
$-0.07
Q2 25
$0.66
$-0.01
Q1 25
$0.64
$0.08
Q4 24
$0.68
$0.01
Q3 24
$0.69
$-0.05
Q2 24
$0.68
$-0.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BY
BY
EEX
EEX
Cash + ST InvestmentsLiquidity on hand
$198.4M
$100.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.3B
$338.8M
Total Assets
$9.9B
$1.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BY
BY
EEX
EEX
Q1 26
$198.4M
Q4 25
$149.1M
$100.9M
Q3 25
$259.0M
$95.4M
Q2 25
$218.3M
$156.4M
Q1 25
$421.3M
$276.8M
Q4 24
$563.1M
$194.8M
Q3 24
$452.6M
$188.9M
Q2 24
$730.5M
$193.2M
Stockholders' Equity
BY
BY
EEX
EEX
Q1 26
$1.3B
Q4 25
$1.3B
$338.8M
Q3 25
$1.2B
$369.5M
Q2 25
$1.2B
$389.4M
Q1 25
$1.1B
$392.1M
Q4 24
$1.1B
$385.9M
Q3 24
$1.1B
$391.1M
Q2 24
$1.0B
$407.6M
Total Assets
BY
BY
EEX
EEX
Q1 26
$9.9B
Q4 25
$9.7B
$1.2B
Q3 25
$9.8B
$1.2B
Q2 25
$9.7B
$1.2B
Q1 25
$9.6B
$1.2B
Q4 24
$9.5B
$1.0B
Q3 24
$9.4B
$1.1B
Q2 24
$9.6B
$1.1B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BY
BY
EEX
EEX
Operating Cash FlowLast quarter
$12.3M
Free Cash FlowOCF − Capex
$11.7M
FCF MarginFCF / Revenue
8.8%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$41.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BY
BY
EEX
EEX
Q1 26
Q4 25
$140.3M
$12.3M
Q3 25
$38.3M
$1.8M
Q2 25
$16.3M
$15.9M
Q1 25
$27.1M
$12.6M
Q4 24
$175.2M
$20.6M
Q3 24
$19.8M
$9.1M
Q2 24
$40.1M
$9.8M
Free Cash Flow
BY
BY
EEX
EEX
Q1 26
Q4 25
$136.3M
$11.7M
Q3 25
$38.0M
$1.5M
Q2 25
$15.2M
$15.8M
Q1 25
$25.0M
$12.4M
Q4 24
$171.2M
$19.9M
Q3 24
$19.1M
$9.0M
Q2 24
$39.4M
$9.6M
FCF Margin
BY
BY
EEX
EEX
Q1 26
Q4 25
116.5%
8.8%
Q3 25
32.8%
1.9%
Q2 25
13.7%
15.0%
Q1 25
24.3%
8.4%
Q4 24
163.5%
18.6%
Q3 24
18.8%
12.4%
Q2 24
39.7%
11.2%
Capex Intensity
BY
BY
EEX
EEX
Q1 26
Q4 25
3.4%
0.5%
Q3 25
0.3%
0.4%
Q2 25
1.0%
0.1%
Q1 25
2.0%
0.1%
Q4 24
3.8%
0.7%
Q3 24
0.6%
0.1%
Q2 24
0.7%
0.2%
Cash Conversion
BY
BY
EEX
EEX
Q1 26
Q4 25
4.06×
Q3 25
1.03×
Q2 25
0.54×
Q1 25
0.96×
0.82×
Q4 24
5.78×
4.04×
Q3 24
0.65×
Q2 24
1.35×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BY
BY

Segment breakdown not available.

EEX
EEX

Connections Segment$121.9M92%
Commerce Segment$5.5M4%
Content$5.3M4%

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