vs

Side-by-side financial comparison of BYLINE BANCORP, INC. (BY) and IOVANCE BIOTHERAPEUTICS, INC. (IOVA). Click either name above to swap in a different company.

BYLINE BANCORP, INC. is the larger business by last-quarter revenue ($112.4M vs $86.8M, roughly 1.3× IOVANCE BIOTHERAPEUTICS, INC.). On growth, IOVANCE BIOTHERAPEUTICS, INC. posted the faster year-over-year revenue change (17.7% vs 9.0%). Over the past eight quarters, IOVANCE BIOTHERAPEUTICS, INC.'s revenue compounded faster (1001.6% CAGR vs 6.4%).

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.

Iovance Biotherapeutics, Inc. is a biopharmaceutical startup based in San Carlos, California. The company works to develop tumor-infiltrating lymphocyte (TIL) therapies against cancer.

BY vs IOVA — Head-to-Head

Bigger by revenue
BY
BY
1.3× larger
BY
$112.4M
$86.8M
IOVA
Growing faster (revenue YoY)
IOVA
IOVA
+8.7% gap
IOVA
17.7%
9.0%
BY
Faster 2-yr revenue CAGR
IOVA
IOVA
Annualised
IOVA
1001.6%
6.4%
BY

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BY
BY
IOVA
IOVA
Revenue
$112.4M
$86.8M
Net Profit
$37.6M
Gross Margin
67.4%
Operating Margin
-84.7%
Net Margin
33.4%
Revenue YoY
9.0%
17.7%
Net Profit YoY
33.0%
EPS (diluted)
$0.83

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
IOVA
IOVA
Q1 26
$112.4M
Q4 25
$117.0M
$86.8M
Q3 25
$115.7M
$67.5M
Q2 25
$110.5M
$60.0M
Q1 25
$103.1M
$49.3M
Q4 24
$104.7M
$73.7M
Q3 24
$101.8M
$58.6M
Q2 24
$99.4M
$31.1M
Net Profit
BY
BY
IOVA
IOVA
Q1 26
$37.6M
Q4 25
$34.5M
Q3 25
$37.2M
$-91.3M
Q2 25
$30.1M
$-111.7M
Q1 25
$28.2M
$-116.2M
Q4 24
$30.3M
Q3 24
$30.3M
$-83.5M
Q2 24
$29.7M
$-97.1M
Gross Margin
BY
BY
IOVA
IOVA
Q1 26
Q4 25
67.4%
Q3 25
43.0%
Q2 25
5.5%
Q1 25
-0.8%
Q4 24
68.7%
Q3 24
46.2%
Q2 24
-0.8%
Operating Margin
BY
BY
IOVA
IOVA
Q1 26
Q4 25
40.1%
-84.7%
Q3 25
43.1%
-140.7%
Q2 25
35.2%
-189.8%
Q1 25
36.4%
-245.8%
Q4 24
38.6%
-117.5%
Q3 24
39.3%
-152.1%
Q2 24
40.4%
-327.6%
Net Margin
BY
BY
IOVA
IOVA
Q1 26
33.4%
Q4 25
34.1%
Q3 25
32.1%
-135.3%
Q2 25
27.2%
-186.2%
Q1 25
27.4%
-235.5%
Q4 24
34.3%
Q3 24
29.8%
-142.7%
Q2 24
29.9%
-312.2%
EPS (diluted)
BY
BY
IOVA
IOVA
Q1 26
$0.83
Q4 25
$0.77
Q3 25
$0.82
Q2 25
$0.66
$-0.33
Q1 25
$0.64
$-0.36
Q4 24
$0.68
$-0.24
Q3 24
$0.69
$-0.28
Q2 24
$0.68
$-0.34

Balance Sheet & Financial Strength

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

Metric
BY
BY
IOVA
IOVA
Cash + ST InvestmentsLiquidity on hand
$198.4M
$297.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.3B
$698.6M
Total Assets
$9.9B
$913.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BY
BY
IOVA
IOVA
Q1 26
$198.4M
Q4 25
$149.1M
$297.0M
Q3 25
$259.0M
$300.8M
Q2 25
$218.3M
$301.2M
Q1 25
$421.3M
$359.7M
Q4 24
$563.1M
$323.8M
Q3 24
$452.6M
$397.5M
Q2 24
$730.5M
$412.5M
Stockholders' Equity
BY
BY
IOVA
IOVA
Q1 26
$1.3B
Q4 25
$1.3B
$698.6M
Q3 25
$1.2B
$702.3M
Q2 25
$1.2B
$698.5M
Q1 25
$1.1B
$767.9M
Q4 24
$1.1B
$710.4M
Q3 24
$1.1B
$773.5M
Q2 24
$1.0B
$768.5M
Total Assets
BY
BY
IOVA
IOVA
Q1 26
$9.9B
Q4 25
$9.7B
$913.2M
Q3 25
$9.8B
$904.9M
Q2 25
$9.7B
$907.4M
Q1 25
$9.6B
$966.7M
Q4 24
$9.5B
$910.4M
Q3 24
$9.4B
$991.1M
Q2 24
$9.6B
$964.3M

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
IOVA
IOVA
Operating Cash FlowLast quarter
$-52.6M
Free Cash FlowOCF − Capex
$-61.9M
FCF MarginFCF / Revenue
-71.3%
Capex IntensityCapex / Revenue
10.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-336.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BY
BY
IOVA
IOVA
Q1 26
Q4 25
$140.3M
$-52.6M
Q3 25
$38.3M
$-78.7M
Q2 25
$16.3M
$-67.4M
Q1 25
$27.1M
$-103.7M
Q4 24
$175.2M
$-73.3M
Q3 24
$19.8M
$-59.0M
Q2 24
$40.1M
$-98.4M
Free Cash Flow
BY
BY
IOVA
IOVA
Q1 26
Q4 25
$136.3M
$-61.9M
Q3 25
$38.0M
$-89.5M
Q2 25
$15.2M
$-74.9M
Q1 25
$25.0M
$-109.9M
Q4 24
$171.2M
$-77.5M
Q3 24
$19.1M
$-61.3M
Q2 24
$39.4M
$-98.9M
FCF Margin
BY
BY
IOVA
IOVA
Q1 26
Q4 25
116.5%
-71.3%
Q3 25
32.8%
-132.7%
Q2 25
13.7%
-124.9%
Q1 25
24.3%
-222.8%
Q4 24
163.5%
-105.1%
Q3 24
18.8%
-104.6%
Q2 24
39.7%
-317.9%
Capex Intensity
BY
BY
IOVA
IOVA
Q1 26
Q4 25
3.4%
10.7%
Q3 25
0.3%
16.1%
Q2 25
1.0%
12.4%
Q1 25
2.0%
12.6%
Q4 24
3.8%
5.7%
Q3 24
0.6%
3.9%
Q2 24
0.7%
1.4%
Cash Conversion
BY
BY
IOVA
IOVA
Q1 26
Q4 25
4.06×
Q3 25
1.03×
Q2 25
0.54×
Q1 25
0.96×
Q4 24
5.78×
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.

IOVA
IOVA

Amtagvi$64.9M75%
Proleukin$21.9M25%

Related Comparisons