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Side-by-side financial comparison of BYLINE BANCORP, INC. (BY) and Mistras Group, Inc. (MG). Click either name above to swap in a different company.
Mistras Group, Inc. is the larger business by last-quarter revenue ($181.5M vs $112.4M, roughly 1.6× BYLINE BANCORP, INC.). BYLINE BANCORP, INC. runs the higher net margin — 33.4% vs 2.1%, a 31.4% gap on every dollar of revenue. On growth, BYLINE BANCORP, INC. posted the faster year-over-year revenue change (9.0% vs 5.1%). Over the past eight quarters, BYLINE BANCORP, INC.'s revenue compounded faster (6.4% CAGR vs -0.8%).
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.
Mistras Group, Inc. is a global provider of asset integrity and protection solutions, offering non-destructive testing, inspection, real-time monitoring, and engineering consulting services. Its key client segments include oil and gas, aerospace, power generation, and manufacturing industries, with operations spanning North America, Europe, and Asia-Pacific, helping clients enhance operational safety, extend asset lifespans, and minimize unplanned downtime.
BY vs MG — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $112.4M | $181.5M |
| Net Profit | $37.6M | $3.8M |
| Gross Margin | — | 28.4% |
| Operating Margin | — | 7.0% |
| Net Margin | 33.4% | 2.1% |
| Revenue YoY | 9.0% | 5.1% |
| Net Profit YoY | 33.0% | -27.4% |
| EPS (diluted) | $0.83 | $0.12 |
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 | $181.5M | ||
| Q3 25 | $115.7M | $195.5M | ||
| Q2 25 | $110.5M | $185.4M | ||
| Q1 25 | $103.1M | $161.6M | ||
| Q4 24 | $104.7M | $172.7M | ||
| Q3 24 | $101.8M | $182.7M | ||
| Q2 24 | $99.4M | $189.8M |
| Q1 26 | $37.6M | — | ||
| Q4 25 | $34.5M | $3.8M | ||
| Q3 25 | $37.2M | $13.1M | ||
| Q2 25 | $30.1M | $3.0M | ||
| Q1 25 | $28.2M | $-3.2M | ||
| Q4 24 | $30.3M | $5.2M | ||
| Q3 24 | $30.3M | $6.4M | ||
| Q2 24 | $29.7M | $6.4M |
| Q1 26 | — | — | ||
| Q4 25 | — | 28.4% | ||
| Q3 25 | — | 29.8% | ||
| Q2 25 | — | 29.1% | ||
| Q1 25 | — | 25.3% | ||
| Q4 24 | — | 26.5% | ||
| Q3 24 | — | 26.8% | ||
| Q2 24 | — | 27.1% |
| Q1 26 | — | — | ||
| Q4 25 | 40.1% | 7.0% | ||
| Q3 25 | 43.1% | 10.4% | ||
| Q2 25 | 35.2% | 4.5% | ||
| Q1 25 | 36.4% | -0.6% | ||
| Q4 24 | 38.6% | 6.1% | ||
| Q3 24 | 39.3% | 6.5% | ||
| Q2 24 | 40.4% | 6.3% |
| Q1 26 | 33.4% | — | ||
| Q4 25 | 34.1% | 2.1% | ||
| Q3 25 | 32.1% | 6.7% | ||
| Q2 25 | 27.2% | 1.6% | ||
| Q1 25 | 27.4% | -2.0% | ||
| Q4 24 | 34.3% | 3.0% | ||
| Q3 24 | 29.8% | 3.5% | ||
| Q2 24 | 29.9% | 3.4% |
| Q1 26 | $0.83 | — | ||
| Q4 25 | $0.77 | $0.12 | ||
| Q3 25 | $0.82 | $0.41 | ||
| Q2 25 | $0.66 | $0.10 | ||
| Q1 25 | $0.64 | $-0.10 | ||
| Q4 24 | $0.68 | $0.17 | ||
| Q3 24 | $0.69 | $0.20 | ||
| Q2 24 | $0.68 | $0.20 |
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 | $28.0M |
| Total DebtLower is stronger | — | $178.0M |
| Stockholders' EquityBook value | $1.3B | $235.1M |
| Total Assets | $9.9B | $578.8M |
| Debt / EquityLower = less leverage | — | 0.76× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $198.4M | — | ||
| Q4 25 | $149.1M | $28.0M | ||
| Q3 25 | $259.0M | $27.8M | ||
| Q2 25 | $218.3M | $20.0M | ||
| Q1 25 | $421.3M | $18.5M | ||
| Q4 24 | $563.1M | $18.3M | ||
| Q3 24 | $452.6M | $20.4M | ||
| Q2 24 | $730.5M | $17.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | $178.0M | ||
| Q3 25 | — | $202.3M | ||
| Q2 25 | — | $189.4M | ||
| Q1 25 | — | $171.9M | ||
| Q4 24 | — | $169.6M | ||
| Q3 24 | — | $189.7M | ||
| Q2 24 | — | $199.7M |
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.3B | $235.1M | ||
| Q3 25 | $1.2B | $227.4M | ||
| Q2 25 | $1.2B | $215.8M | ||
| Q1 25 | $1.1B | $198.7M | ||
| Q4 24 | $1.1B | $198.6M | ||
| Q3 24 | $1.1B | $205.2M | ||
| Q2 24 | $1.0B | $193.2M |
| Q1 26 | $9.9B | — | ||
| Q4 25 | $9.7B | $578.8M | ||
| Q3 25 | $9.8B | $596.3M | ||
| Q2 25 | $9.7B | $571.0M | ||
| Q1 25 | $9.6B | $526.8M | ||
| Q4 24 | $9.5B | $523.0M | ||
| Q3 24 | $9.4B | $551.7M | ||
| Q2 24 | $9.6B | $548.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.76× | ||
| Q3 25 | — | 0.89× | ||
| Q2 25 | — | 0.88× | ||
| Q1 25 | — | 0.87× | ||
| Q4 24 | — | 0.85× | ||
| Q3 24 | — | 0.92× | ||
| Q2 24 | — | 1.03× |
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 | — | $32.1M |
| Free Cash FlowOCF − Capex | — | $26.0M |
| FCF MarginFCF / Revenue | — | 14.3% |
| Capex IntensityCapex / Revenue | — | 3.4% |
| Cash ConversionOCF / Net Profit | — | 8.55× |
| TTM Free Cash FlowTrailing 4 quarters | — | $8.3M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $140.3M | $32.1M | ||
| Q3 25 | $38.3M | $4.5M | ||
| Q2 25 | $16.3M | $-9.3M | ||
| Q1 25 | $27.1M | $5.6M | ||
| Q4 24 | $175.2M | $25.7M | ||
| Q3 24 | $19.8M | $19.4M | ||
| Q2 24 | $40.1M | $4.5M |
| Q1 26 | — | — | ||
| Q4 25 | $136.3M | $26.0M | ||
| Q3 25 | $38.0M | $-4.1M | ||
| Q2 25 | $15.2M | $-14.7M | ||
| Q1 25 | $25.0M | $1.1M | ||
| Q4 24 | $171.2M | $22.1M | ||
| Q3 24 | $19.1M | $14.6M | ||
| Q2 24 | $39.4M | $-284.0K |
| Q1 26 | — | — | ||
| Q4 25 | 116.5% | 14.3% | ||
| Q3 25 | 32.8% | -2.1% | ||
| Q2 25 | 13.7% | -7.9% | ||
| Q1 25 | 24.3% | 0.7% | ||
| Q4 24 | 163.5% | 12.8% | ||
| Q3 24 | 18.8% | 8.0% | ||
| Q2 24 | 39.7% | -0.1% |
| Q1 26 | — | — | ||
| Q4 25 | 3.4% | 3.4% | ||
| Q3 25 | 0.3% | 4.4% | ||
| Q2 25 | 1.0% | 2.9% | ||
| Q1 25 | 2.0% | 2.8% | ||
| Q4 24 | 3.8% | 2.1% | ||
| Q3 24 | 0.6% | 2.6% | ||
| Q2 24 | 0.7% | 2.5% |
| Q1 26 | — | — | ||
| Q4 25 | 4.06× | 8.55× | ||
| Q3 25 | 1.03× | 0.34× | ||
| Q2 25 | 0.54× | -3.07× | ||
| Q1 25 | 0.96× | — | ||
| Q4 24 | 5.78× | 4.96× | ||
| Q3 24 | 0.65× | 3.02× | ||
| Q2 24 | 1.35× | 0.71× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
