Byline Bancorp: Q3 Earnings Snapshot

Associated Press Finance

2024-10-25

CHICAGO (AP) — CHICAGO (AP) — Byline Bancorp Inc. (BY) on Thursday reported third-quarter net income of $30.3 million.

The bank, based in Chicago, said it had earnings of 69 cents per share. Earnings, adjusted for one-time gains and costs, came to 70 cents per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 65 cents per share.

The bank holding company posted revenue of $160.8 million in the period. Its revenue net of interest expense was $101.8 million, which also beat Street forecasts. Three analysts surveyed by Zacks expected $101.7 million.

Byline Bancorp shares have climbed 13% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $26.54, a climb of 42% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BY at https://www.zacks.com/ap/BY

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

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(BY) on Thursday reported third-quarter net income of $30.3 million.\nThe bank, based in Chicago, said it had earnings of 69 cents per share. Earnings, adjusted for one-time gains and costs, came to 70 cents per share.\nThe results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 65 cents per share.\nThe bank holding company posted revenue of $160.8 million in the period. Its revenue net of interest expense was $101.8 million, which also beat Street forecasts. Three analysts surveyed by Zacks expected $101.7 million.\nByline Bancorp shares have climbed 13% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $26.54, a climb of 42% in the last 12 months.\n_____\nThis story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. 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