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

ROCKY BRANDS, INC. is the larger business by last-quarter revenue ($139.7M vs $112.4M, roughly 1.2× BYLINE BANCORP, INC.). BYLINE BANCORP, INC. runs the higher net margin — 33.4% vs 4.7%, a 28.8% gap on every dollar of revenue. On growth, ROCKY BRANDS, INC. posted the faster year-over-year revenue change (9.1% vs 9.0%). Over the past eight quarters, ROCKY BRANDS, INC.'s revenue compounded faster (11.2% 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.

Rocky Brands, Inc., formerly known as Rocky Shoes & Boots, Inc., is a company which designs, develops, manufactures, and markets outdoor, work, western and military footwear, and other outdoor and work apparel and accessories. The company was founded in 1932 in Nelsonville, Ohio, and still maintains its corporate headquarters there.

BY vs RCKY — Head-to-Head

Bigger by revenue
RCKY
RCKY
1.2× larger
RCKY
$139.7M
$112.4M
BY
Growing faster (revenue YoY)
RCKY
RCKY
+0.1% gap
RCKY
9.1%
9.0%
BY
Higher net margin
BY
BY
28.8% more per $
BY
33.4%
4.7%
RCKY
Faster 2-yr revenue CAGR
RCKY
RCKY
Annualised
RCKY
11.2%
6.4%
BY

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BY
BY
RCKY
RCKY
Revenue
$112.4M
$139.7M
Net Profit
$37.6M
$6.5M
Gross Margin
41.3%
Operating Margin
6.9%
Net Margin
33.4%
4.7%
Revenue YoY
9.0%
9.1%
Net Profit YoY
33.0%
35.7%
EPS (diluted)
$0.83
$0.86

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
RCKY
RCKY
Q1 26
$112.4M
Q4 25
$117.0M
$139.7M
Q3 25
$115.7M
$122.5M
Q2 25
$110.5M
$105.6M
Q1 25
$103.1M
$114.1M
Q4 24
$104.7M
$128.1M
Q3 24
$101.8M
$114.6M
Q2 24
$99.4M
$98.3M
Net Profit
BY
BY
RCKY
RCKY
Q1 26
$37.6M
Q4 25
$34.5M
$6.5M
Q3 25
$37.2M
$7.2M
Q2 25
$30.1M
$3.6M
Q1 25
$28.2M
$4.9M
Q4 24
$30.3M
$4.8M
Q3 24
$30.3M
$5.3M
Q2 24
$29.7M
$-1.2M
Gross Margin
BY
BY
RCKY
RCKY
Q1 26
Q4 25
41.3%
Q3 25
40.2%
Q2 25
41.0%
Q1 25
41.2%
Q4 24
41.5%
Q3 24
38.1%
Q2 24
38.7%
Operating Margin
BY
BY
RCKY
RCKY
Q1 26
Q4 25
40.1%
6.9%
Q3 25
43.1%
9.6%
Q2 25
35.2%
6.8%
Q1 25
36.4%
7.6%
Q4 24
38.6%
6.6%
Q3 24
39.3%
8.8%
Q2 24
40.4%
4.6%
Net Margin
BY
BY
RCKY
RCKY
Q1 26
33.4%
Q4 25
34.1%
4.7%
Q3 25
32.1%
5.9%
Q2 25
27.2%
3.4%
Q1 25
27.4%
4.3%
Q4 24
34.3%
3.7%
Q3 24
29.8%
4.6%
Q2 24
29.9%
-1.3%
EPS (diluted)
BY
BY
RCKY
RCKY
Q1 26
$0.83
Q4 25
$0.77
$0.86
Q3 25
$0.82
$0.96
Q2 25
$0.66
$0.48
Q1 25
$0.64
$0.66
Q4 24
$0.68
$0.65
Q3 24
$0.69
$0.70
Q2 24
$0.68
$-0.17

Balance Sheet & Financial Strength

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

Metric
BY
BY
RCKY
RCKY
Cash + ST InvestmentsLiquidity on hand
$198.4M
$2.9M
Total DebtLower is stronger
$122.6M
Stockholders' EquityBook value
$1.3B
$252.1M
Total Assets
$9.9B
$477.5M
Debt / EquityLower = less leverage
0.49×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BY
BY
RCKY
RCKY
Q1 26
$198.4M
Q4 25
$149.1M
$2.9M
Q3 25
$259.0M
$3.3M
Q2 25
$218.3M
$2.8M
Q1 25
$421.3M
$2.6M
Q4 24
$563.1M
$3.7M
Q3 24
$452.6M
$3.7M
Q2 24
$730.5M
$4.1M
Total Debt
BY
BY
RCKY
RCKY
Q1 26
Q4 25
$122.6M
Q3 25
$139.0M
Q2 25
$132.5M
Q1 25
$128.6M
Q4 24
$128.7M
Q3 24
$150.3M
Q2 24
$152.4M
Stockholders' Equity
BY
BY
RCKY
RCKY
Q1 26
$1.3B
Q4 25
$1.3B
$252.1M
Q3 25
$1.2B
$246.1M
Q2 25
$1.2B
$239.1M
Q1 25
$1.1B
$236.2M
Q4 24
$1.1B
$232.2M
Q3 24
$1.1B
$228.3M
Q2 24
$1.0B
$223.8M
Total Assets
BY
BY
RCKY
RCKY
Q1 26
$9.9B
Q4 25
$9.7B
$477.5M
Q3 25
$9.8B
$494.0M
Q2 25
$9.7B
$471.0M
Q1 25
$9.6B
$468.2M
Q4 24
$9.5B
$457.3M
Q3 24
$9.4B
$475.0M
Q2 24
$9.6B
$467.9M
Debt / Equity
BY
BY
RCKY
RCKY
Q1 26
Q4 25
0.49×
Q3 25
0.57×
Q2 25
0.55×
Q1 25
0.54×
Q4 24
0.55×
Q3 24
0.66×
Q2 24
0.68×

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
RCKY
RCKY
Operating Cash FlowLast quarter
$17.6M
Free Cash FlowOCF − Capex
$16.7M
FCF MarginFCF / Revenue
12.0%
Capex IntensityCapex / Revenue
0.6%
Cash ConversionOCF / Net Profit
2.70×
TTM Free Cash FlowTrailing 4 quarters
$9.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BY
BY
RCKY
RCKY
Q1 26
Q4 25
$140.3M
$17.6M
Q3 25
$38.3M
$-3.3M
Q2 25
$16.3M
$812.0K
Q1 25
$27.1M
$1.2M
Q4 24
$175.2M
$24.4M
Q3 24
$19.8M
$4.5M
Q2 24
$40.1M
$6.5M
Free Cash Flow
BY
BY
RCKY
RCKY
Q1 26
Q4 25
$136.3M
$16.7M
Q3 25
$38.0M
$-5.2M
Q2 25
$15.2M
$-2.4M
Q1 25
$25.0M
$529.0K
Q4 24
$171.2M
$22.9M
Q3 24
$19.1M
$3.5M
Q2 24
$39.4M
$4.6M
FCF Margin
BY
BY
RCKY
RCKY
Q1 26
Q4 25
116.5%
12.0%
Q3 25
32.8%
-4.2%
Q2 25
13.7%
-2.2%
Q1 25
24.3%
0.5%
Q4 24
163.5%
17.9%
Q3 24
18.8%
3.0%
Q2 24
39.7%
4.7%
Capex Intensity
BY
BY
RCKY
RCKY
Q1 26
Q4 25
3.4%
0.6%
Q3 25
0.3%
1.5%
Q2 25
1.0%
3.0%
Q1 25
2.0%
0.6%
Q4 24
3.8%
1.2%
Q3 24
0.6%
0.9%
Q2 24
0.7%
1.9%
Cash Conversion
BY
BY
RCKY
RCKY
Q1 26
Q4 25
4.06×
2.70×
Q3 25
1.03×
-0.46×
Q2 25
0.54×
0.23×
Q1 25
0.96×
0.25×
Q4 24
5.78×
5.08×
Q3 24
0.65×
0.85×
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.

RCKY
RCKY

Wholesale$79.6M57%
Retail1$57.0M41%
Contract Manufacturing$3.2M2%

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