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Side-by-side financial comparison of BYLINE BANCORP, INC. (BY) and Kennedy-Wilson Holdings, Inc. (KW). Click either name above to swap in a different company.
Kennedy-Wilson Holdings, Inc. is the larger business by last-quarter revenue ($120.6M vs $112.4M, roughly 1.1× BYLINE BANCORP, INC.). Kennedy-Wilson Holdings, Inc. runs the higher net margin — 48.1% vs 33.4%, a 14.7% gap on every dollar of revenue. On growth, BYLINE BANCORP, INC. posted the faster year-over-year revenue change (9.0% vs -11.0%). Over the past eight quarters, BYLINE BANCORP, INC.'s revenue compounded faster (6.4% CAGR vs -6.0%).
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.
Kennedy Wilson is a real estate investment company headquartered in Beverly Hills, California, United States.
BY vs KW — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $112.4M | $120.6M |
| Net Profit | $37.6M | $58.0M |
| Gross Margin | — | — |
| Operating Margin | — | 57.3% |
| Net Margin | 33.4% | 48.1% |
| Revenue YoY | 9.0% | -11.0% |
| Net Profit YoY | 33.0% | 32.7% |
| EPS (diluted) | $0.83 | $0.22 |
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.
| Q1 26 | $112.4M | — | ||
| Q4 25 | $117.0M | $120.6M | ||
| Q3 25 | $115.7M | $116.4M | ||
| Q2 25 | $110.5M | $135.7M | ||
| Q1 25 | $103.1M | $128.3M | ||
| Q4 24 | $104.7M | $135.5M | ||
| Q3 24 | $101.8M | $127.5M | ||
| Q2 24 | $99.4M | $132.0M |
| Q1 26 | $37.6M | — | ||
| Q4 25 | $34.5M | $58.0M | ||
| Q3 25 | $37.2M | $-10.2M | ||
| Q2 25 | $30.1M | $5.6M | ||
| Q1 25 | $28.2M | $-29.6M | ||
| Q4 24 | $30.3M | $43.7M | ||
| Q3 24 | $30.3M | $-66.8M | ||
| Q2 24 | $29.7M | $-48.3M |
| Q1 26 | — | — | ||
| Q4 25 | 40.1% | 57.3% | ||
| Q3 25 | 43.1% | -6.2% | ||
| Q2 25 | 35.2% | 7.4% | ||
| Q1 25 | 36.4% | -26.9% | ||
| Q4 24 | 38.6% | 36.7% | ||
| Q3 24 | 39.3% | -60.8% | ||
| Q2 24 | 40.4% | -45.5% |
| Q1 26 | 33.4% | — | ||
| Q4 25 | 34.1% | 48.1% | ||
| Q3 25 | 32.1% | -8.8% | ||
| Q2 25 | 27.2% | 4.1% | ||
| Q1 25 | 27.4% | -23.1% | ||
| Q4 24 | 34.3% | 32.3% | ||
| Q3 24 | 29.8% | -52.4% | ||
| Q2 24 | 29.9% | -36.6% |
| Q1 26 | $0.83 | — | ||
| Q4 25 | $0.77 | $0.22 | ||
| Q3 25 | $0.82 | $-0.15 | ||
| Q2 25 | $0.66 | $-0.05 | ||
| Q1 25 | $0.64 | $-0.30 | ||
| Q4 24 | $0.68 | $0.24 | ||
| Q3 24 | $0.69 | $-0.56 | ||
| Q2 24 | $0.68 | $-0.43 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $198.4M | $184.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.3B | $1.5B |
| Total Assets | $9.9B | $6.6B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $198.4M | — | ||
| Q4 25 | $149.1M | $184.5M | ||
| Q3 25 | $259.0M | $382.6M | ||
| Q2 25 | $218.3M | $309.1M | ||
| Q1 25 | $421.3M | $356.6M | ||
| Q4 24 | $563.1M | $217.5M | ||
| Q3 24 | $452.6M | $367.1M | ||
| Q2 24 | $730.5M | $366.5M |
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.3B | $1.5B | ||
| Q3 25 | $1.2B | $1.5B | ||
| Q2 25 | $1.2B | $1.6B | ||
| Q1 25 | $1.1B | $1.6B | ||
| Q4 24 | $1.1B | $1.6B | ||
| Q3 24 | $1.1B | $1.6B | ||
| Q2 24 | $1.0B | $1.7B |
| Q1 26 | $9.9B | — | ||
| Q4 25 | $9.7B | $6.6B | ||
| Q3 25 | $9.8B | $6.7B | ||
| Q2 25 | $9.7B | $6.8B | ||
| Q1 25 | $9.6B | $7.2B | ||
| Q4 24 | $9.5B | $7.0B | ||
| Q3 24 | $9.4B | $7.4B | ||
| Q2 24 | $9.6B | $7.5B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $11.4M |
| Free Cash FlowOCF − Capex | — | $-55.2M |
| FCF MarginFCF / Revenue | — | -45.8% |
| Capex IntensityCapex / Revenue | — | 55.2% |
| Cash ConversionOCF / Net Profit | — | 0.20× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-103.5M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $140.3M | $11.4M | ||
| Q3 25 | $38.3M | $-7.6M | ||
| Q2 25 | $16.3M | $42.0M | ||
| Q1 25 | $27.1M | $-51.9M | ||
| Q4 24 | $175.2M | $55.1M | ||
| Q3 24 | $19.8M | $-5.6M | ||
| Q2 24 | $40.1M | $36.7M |
| Q1 26 | — | — | ||
| Q4 25 | $136.3M | $-55.2M | ||
| Q3 25 | $38.0M | $-18.0M | ||
| Q2 25 | $15.2M | $29.4M | ||
| Q1 25 | $25.0M | $-59.7M | ||
| Q4 24 | $171.2M | $-76.5M | ||
| Q3 24 | $19.1M | $-27.7M | ||
| Q2 24 | $39.4M | $-500.0K |
| Q1 26 | — | — | ||
| Q4 25 | 116.5% | -45.8% | ||
| Q3 25 | 32.8% | -15.5% | ||
| Q2 25 | 13.7% | 21.7% | ||
| Q1 25 | 24.3% | -46.5% | ||
| Q4 24 | 163.5% | -56.5% | ||
| Q3 24 | 18.8% | -21.7% | ||
| Q2 24 | 39.7% | -0.4% |
| Q1 26 | — | — | ||
| Q4 25 | 3.4% | 55.2% | ||
| Q3 25 | 0.3% | 8.9% | ||
| Q2 25 | 1.0% | 9.3% | ||
| Q1 25 | 2.0% | 6.1% | ||
| Q4 24 | 3.8% | 97.1% | ||
| Q3 24 | 0.6% | 17.3% | ||
| Q2 24 | 0.7% | 28.2% |
| Q1 26 | — | — | ||
| Q4 25 | 4.06× | 0.20× | ||
| Q3 25 | 1.03× | — | ||
| Q2 25 | 0.54× | 7.50× | ||
| Q1 25 | 0.96× | — | ||
| Q4 24 | 5.78× | 1.26× | ||
| 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
Segment breakdown not available.
KW
| Consolidated Portfolio Segment | $84.9M | 70% |
| Investment Management Fees | $30.4M | 25% |
| Real Estate | $5.1M | 4% |
