Byline Bancorp (BY) Tops Q3 EPS by 1c

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Byline Bancorp, Inc. Reports Third Quarter 2019 Financial Results

October 24, 2019 4:23 PM EDT

Third Quarter 2019 Highlights

Net income of $15.3 million, or $0.39 per diluted share Adjusted net income1 of $16.2 million, or $0.41 per adjusted diluted share1 Net interest margin of 4.62% for the third quarter of 2019, compared to 4.51% for the second quarter of 2019, and 4.73% for the third quarter of 2018 Originated loans and leases of $2.8 billion at September 30, 2019, an increase of $183.9 million, or 7.1%, from June 30, 2019 Efficiency ratio of 59.81% for the third quarter of 2019, compared to 61.19% for the second quarter of 2019, and 56.41% for the third quarter of... More