Byline Bancorp (BY) Tops Q3 EPS by 5c

October 25, 2018 4:34 PM EDT

Get instant alerts when news breaks on your stocks. Claim your 1-week free trial to StreetInsider Premium here.

Byline Bancorp (NYSE: BY) reported Q3 EPS of $0.39, $0.05 better than the analyst estimate of $0.34.

  • Third quarter of 2018 net income of $14.5 million, or $0.39 per diluted share, a record high since our initial public offering
  • Net interest margin increases to 4.73% compared to 4.43% for the second quarter of 2018
  • Originated loans and leases grew to $2.1 billion, an increase of $261.4 million, or 14.6%, from the second quarter of 2018, and $592.2 million, or 40.2%, from the third quarter of 2017
  • Efficiency ratio improves to 56.57% for the third quarter of 2018, compared to 83.35% for the second quarter of 2018, and 69.92% for the third quarter of 2017
  • Return on average assets improves to 1.20% for the third quarter of 2018, compared to 0.29% for the second quarter of 2018, and 1.17% for the third quarter of 2017
  • Return on stockholders’ equity improves to 9.22% for the third quarter of 2018, compared to 2.14% for the second quarter of 2018, and 8.44% for the third quarter of 2017

For earnings history and earnings-related data on Byline Bancorp (BY) click here.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Earnings

Related Entities

Earnings, IPO