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Side-by-side financial comparison of BYLINE BANCORP, INC. (BY) and Millrose Properties, Inc. (MRP). Click either name above to swap in a different company.
Millrose Properties, Inc. is the larger business by last-quarter revenue ($194.9M vs $112.4M, roughly 1.7× BYLINE BANCORP, INC.). Millrose Properties, Inc. runs the higher net margin — 63.0% vs 33.4%, a 29.6% gap on every dollar of revenue. On growth, Millrose Properties, Inc. posted the faster year-over-year revenue change (135.7% vs 9.0%).
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.
Millrose Properties, Inc. is a U.S.-based real estate enterprise primarily focused on the acquisition, ownership, operation, and management of income-generating multi-family residential assets. Its core markets span the U.S. Mid-Atlantic and Southeast regions, and it also offers professional property management services to select third-party property owners.
BY vs MRP — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $112.4M | $194.9M |
| Net Profit | $37.6M | $122.9M |
| Gross Margin | — | — |
| Operating Margin | — | 85.2% |
| Net Margin | 33.4% | 63.0% |
| Revenue YoY | 9.0% | 135.7% |
| Net Profit YoY | 33.0% | 208.7% |
| EPS (diluted) | $0.83 | $0.74 |
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 | $194.9M | ||
| Q4 25 | $117.0M | $189.5M | ||
| Q3 25 | $115.7M | $179.3M | ||
| Q2 25 | $110.5M | $149.0M | ||
| Q1 25 | $103.1M | $82.7M | ||
| Q4 24 | $104.7M | — | ||
| Q3 24 | $101.8M | — | ||
| Q2 24 | $99.4M | — |
| Q1 26 | $37.6M | $122.9M | ||
| Q4 25 | $34.5M | $122.2M | ||
| Q3 25 | $37.2M | $105.1M | ||
| Q2 25 | $30.1M | $112.8M | ||
| Q1 25 | $28.2M | $39.8M | ||
| Q4 24 | $30.3M | — | ||
| Q3 24 | $30.3M | — | ||
| Q2 24 | $29.7M | — |
| Q1 26 | — | 85.2% | ||
| Q4 25 | 40.1% | 84.8% | ||
| Q3 25 | 43.1% | 85.3% | ||
| Q2 25 | 35.2% | 85.1% | ||
| Q1 25 | 36.4% | 55.2% | ||
| Q4 24 | 38.6% | — | ||
| Q3 24 | 39.3% | — | ||
| Q2 24 | 40.4% | — |
| Q1 26 | 33.4% | 63.0% | ||
| Q4 25 | 34.1% | 64.5% | ||
| Q3 25 | 32.1% | 58.6% | ||
| Q2 25 | 27.2% | 75.7% | ||
| Q1 25 | 27.4% | 48.1% | ||
| Q4 24 | 34.3% | — | ||
| Q3 24 | 29.8% | — | ||
| Q2 24 | 29.9% | — |
| Q1 26 | $0.83 | $0.74 | ||
| Q4 25 | $0.77 | $0.74 | ||
| Q3 25 | $0.82 | $0.63 | ||
| Q2 25 | $0.66 | $0.68 | ||
| Q1 25 | $0.64 | $0.39 | ||
| Q4 24 | $0.68 | — | ||
| Q3 24 | $0.69 | — | ||
| Q2 24 | $0.68 | — |
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 | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.3B | $5.9B |
| Total Assets | $9.9B | $9.6B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $198.4M | — | ||
| Q4 25 | $149.1M | $35.0M | ||
| Q3 25 | $259.0M | $242.6M | ||
| Q2 25 | $218.3M | $66.6M | ||
| Q1 25 | $421.3M | $89.5M | ||
| Q4 24 | $563.1M | — | ||
| Q3 24 | $452.6M | — | ||
| Q2 24 | $730.5M | — |
| Q1 26 | $1.3B | $5.9B | ||
| Q4 25 | $1.3B | $5.9B | ||
| Q3 25 | $1.2B | $5.9B | ||
| Q2 25 | $1.2B | $5.9B | ||
| Q1 25 | $1.1B | $5.9B | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $1.1B | — | ||
| Q2 24 | $1.0B | — |
| Q1 26 | $9.9B | $9.6B | ||
| Q4 25 | $9.7B | $9.3B | ||
| Q3 25 | $9.8B | $9.0B | ||
| Q2 25 | $9.7B | $8.0B | ||
| Q1 25 | $9.6B | $7.2B | ||
| Q4 24 | $9.5B | — | ||
| Q3 24 | $9.4B | — | ||
| Q2 24 | $9.6B | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BY
Segment breakdown not available.
MRP
| Option fee revenues | $185.3M | 95% |
| Development loan income | $9.6M | 5% |
