Byline Bancorp (BY) Misses Q1 EPS by 20c

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Byline Bancorp, Inc. Reports First Quarter 2020 Financial Results

April 30, 2020 4:15 PM EDT

First Quarter 2020 Highlights

Net income of $3.0 million, or $0.07 per diluted share Increase in provision of $0.26 per diluted share compared to prior quarter Decrease in gain on sale of loans of $0.10 per diluted share compared to prior quarter Net interest margin of 4.17% Return on average assets of 0.21% Efficiency ratio of 67.16% for the first quarter of 2020 Originated loans and leases increased $149.0 million, or 5.3%, from December 31, 2019 Total assets of $5.7 billion Common Equity Tier 1 to risk... More