Byline Bancorp (BY) Tops Q3 EPS by 13c

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Byline Bancorp, Inc. Reports Third Quarter 2020 Financial Results

October 22, 2020 4:27 PM EDT

Third Quarter 2020 Highlights

Net income of $13.1 million, or $0.34 per diluted share Net interest margin of 3.60%, compared to 3.71% at June 30, 2020 Return on average assets of 0.81% Pre-tax pre-provision return on average assets1 of 2.12% Efficiency ratio of 52.47%, lower by 123 basis points from the second quarter Originated loans and leases increased $41.0 million, or 1.1%, from June 30, 2020 Third quarter total loan and lease production of $213.4 million Common Equity Tier 1 to risk weighted assets of 12.55% Completed an additional public... More