Byline Bancorp (BY) Tops Q2 EPS by 20c
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Byline Bancorp, Inc. Reports Second Quarter 2020 Financial Results
July 23, 2020 5:08 PM EDTSecond Quarter 2020 Highlights
Net income of $9.1 million, or $0.24 per diluted share Net interest margin of 3.71% Return on average assets of 0.59% Efficiency ratio of 53.70% Originated loans and leases increased $610.9 million, or 20.5%, from March 31, 2020 Originated $734.0 million in loans of which $626.8 million were under the Paycheck Protection Program (PPP) Completed a public offering of $50.0 million aggregate principal amount of 6.00% fixed-to-floating rate subordinated notes due 2030 Common Equity Tier 1 to risk weighted assets of 12.33%CHICAGO--(BUSINESS... More
