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

Limbach Holdings, Inc. is the larger business by last-quarter revenue ($186.9M vs $112.4M, roughly 1.7× BYLINE BANCORP, INC.). BYLINE BANCORP, INC. runs the higher net margin — 33.4% vs 6.6%, a 26.9% gap on every dollar of revenue. On growth, Limbach Holdings, Inc. posted the faster year-over-year revenue change (30.1% vs 9.0%). Over the past eight quarters, Limbach Holdings, Inc.'s revenue compounded faster (25.3% 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.

Limbach Flugmotoren is a Chinese-owned company based in Germany that produces aircraft engines.

BY vs LMB — Head-to-Head

Bigger by revenue
LMB
LMB
1.7× larger
LMB
$186.9M
$112.4M
BY
Growing faster (revenue YoY)
LMB
LMB
+21.0% gap
LMB
30.1%
9.0%
BY
Higher net margin
BY
BY
26.9% more per $
BY
33.4%
6.6%
LMB
Faster 2-yr revenue CAGR
LMB
LMB
Annualised
LMB
25.3%
6.4%
BY

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BY
BY
LMB
LMB
Revenue
$112.4M
$186.9M
Net Profit
$37.6M
$12.3M
Gross Margin
25.7%
Operating Margin
9.4%
Net Margin
33.4%
6.6%
Revenue YoY
9.0%
30.1%
Net Profit YoY
33.0%
25.0%
EPS (diluted)
$0.83
$1.01

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
LMB
LMB
Q1 26
$112.4M
Q4 25
$117.0M
$186.9M
Q3 25
$115.7M
$184.6M
Q2 25
$110.5M
$142.2M
Q1 25
$103.1M
$133.1M
Q4 24
$104.7M
$143.7M
Q3 24
$101.8M
$133.9M
Q2 24
$99.4M
$122.2M
Net Profit
BY
BY
LMB
LMB
Q1 26
$37.6M
Q4 25
$34.5M
$12.3M
Q3 25
$37.2M
$8.8M
Q2 25
$30.1M
$7.8M
Q1 25
$28.2M
$10.2M
Q4 24
$30.3M
$9.8M
Q3 24
$30.3M
$7.5M
Q2 24
$29.7M
$6.0M
Gross Margin
BY
BY
LMB
LMB
Q1 26
Q4 25
25.7%
Q3 25
24.2%
Q2 25
28.0%
Q1 25
27.6%
Q4 24
30.3%
Q3 24
27.0%
Q2 24
27.4%
Operating Margin
BY
BY
LMB
LMB
Q1 26
Q4 25
40.1%
9.4%
Q3 25
43.1%
7.2%
Q2 25
35.2%
7.5%
Q1 25
36.4%
5.9%
Q4 24
38.6%
9.1%
Q3 24
39.3%
8.1%
Q2 24
40.4%
6.7%
Net Margin
BY
BY
LMB
LMB
Q1 26
33.4%
Q4 25
34.1%
6.6%
Q3 25
32.1%
4.8%
Q2 25
27.2%
5.5%
Q1 25
27.4%
7.7%
Q4 24
34.3%
6.9%
Q3 24
29.8%
5.6%
Q2 24
29.9%
4.9%
EPS (diluted)
BY
BY
LMB
LMB
Q1 26
$0.83
Q4 25
$0.77
$1.01
Q3 25
$0.82
$0.73
Q2 25
$0.66
$0.64
Q1 25
$0.64
$0.85
Q4 24
$0.68
$0.81
Q3 24
$0.69
$0.62
Q2 24
$0.68
$0.50

Balance Sheet & Financial Strength

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

Metric
BY
BY
LMB
LMB
Cash + ST InvestmentsLiquidity on hand
$198.4M
$11.3M
Total DebtLower is stronger
$30.5M
Stockholders' EquityBook value
$1.3B
$195.7M
Total Assets
$9.9B
$381.1M
Debt / EquityLower = less leverage
0.16×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BY
BY
LMB
LMB
Q1 26
$198.4M
Q4 25
$149.1M
$11.3M
Q3 25
$259.0M
$9.8M
Q2 25
$218.3M
$38.9M
Q1 25
$421.3M
$38.1M
Q4 24
$563.1M
$44.9M
Q3 24
$452.6M
$51.2M
Q2 24
$730.5M
$59.5M
Total Debt
BY
BY
LMB
LMB
Q1 26
Q4 25
$30.5M
Q3 25
$56.3M
Q2 25
$28.4M
Q1 25
$23.7M
Q4 24
$23.6M
Q3 24
$20.5M
Q2 24
$19.7M
Stockholders' Equity
BY
BY
LMB
LMB
Q1 26
$1.3B
Q4 25
$1.3B
$195.7M
Q3 25
$1.2B
$181.6M
Q2 25
$1.2B
$170.5M
Q1 25
$1.1B
$161.1M
Q4 24
$1.1B
$153.5M
Q3 24
$1.1B
$142.2M
Q2 24
$1.0B
$133.0M
Total Assets
BY
BY
LMB
LMB
Q1 26
$9.9B
Q4 25
$9.7B
$381.1M
Q3 25
$9.8B
$409.1M
Q2 25
$9.7B
$343.0M
Q1 25
$9.6B
$336.4M
Q4 24
$9.5B
$352.1M
Q3 24
$9.4B
$324.4M
Q2 24
$9.6B
$303.9M
Debt / Equity
BY
BY
LMB
LMB
Q1 26
Q4 25
0.16×
Q3 25
0.31×
Q2 25
0.17×
Q1 25
0.15×
Q4 24
0.15×
Q3 24
0.14×
Q2 24
0.15×

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
LMB
LMB
Operating Cash FlowLast quarter
$28.1M
Free Cash FlowOCF − Capex
$27.9M
FCF MarginFCF / Revenue
14.9%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
2.29×
TTM Free Cash FlowTrailing 4 quarters
$41.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BY
BY
LMB
LMB
Q1 26
Q4 25
$140.3M
$28.1M
Q3 25
$38.3M
$13.3M
Q2 25
$16.3M
$2.0M
Q1 25
$27.1M
$2.2M
Q4 24
$175.2M
$19.3M
Q3 24
$19.8M
$4.9M
Q2 24
$40.1M
$16.5M
Free Cash Flow
BY
BY
LMB
LMB
Q1 26
Q4 25
$136.3M
$27.9M
Q3 25
$38.0M
$12.8M
Q2 25
$15.2M
$1.2M
Q1 25
$25.0M
$11.0K
Q4 24
$171.2M
$18.0M
Q3 24
$19.1M
$4.6M
Q2 24
$39.4M
$13.2M
FCF Margin
BY
BY
LMB
LMB
Q1 26
Q4 25
116.5%
14.9%
Q3 25
32.8%
7.0%
Q2 25
13.7%
0.8%
Q1 25
24.3%
0.0%
Q4 24
163.5%
12.5%
Q3 24
18.8%
3.4%
Q2 24
39.7%
10.8%
Capex Intensity
BY
BY
LMB
LMB
Q1 26
Q4 25
3.4%
0.1%
Q3 25
0.3%
0.3%
Q2 25
1.0%
0.6%
Q1 25
2.0%
1.7%
Q4 24
3.8%
0.9%
Q3 24
0.6%
0.3%
Q2 24
0.7%
2.7%
Cash Conversion
BY
BY
LMB
LMB
Q1 26
Q4 25
4.06×
2.29×
Q3 25
1.03×
1.52×
Q2 25
0.54×
0.26×
Q1 25
0.96×
0.22×
Q4 24
5.78×
1.96×
Q3 24
0.65×
0.66×
Q2 24
1.35×
2.77×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BY
BY

Segment breakdown not available.

LMB
LMB

Owner Direct Relationships Segment$145.0M78%
General Contractor Construction Manager Relationships Segment$41.9M22%

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