Byline Bancorp (BY) Tops Q3 EPS by 5c

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Go back to Byline Bancorp (BY) Tops Q3 EPS by 5c

Byline Bancorp, Inc. Reports Third Quarter 2018 Financial Results

October 25, 2018 4:28 PM EDT

Third Quarter 2018 Highlights

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... More