Byline Bancorp Inc reports results for the quarter ended in June - Earnings Summary

Byline Bancorp

28/07/2023 02:43

* Byline Bancorp Inc  BY.N  reported quarterly adjusted
earnings
of 70 cents​​ per share for the quarter ended in June. The mean
expectation of six analysts for the quarter was for earnings of
63 cents per share.
    * Revenue rose 19.4% to $90.46 million from a year ago;
analysts
expected $88.97 million. 
    * Byline Bancorp Inc's reported EPS for the quarter was 70
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.8%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Byline Bancorp Inc shares had risen by 13.7% this
quarter and
lost 10.4% so far this year.
    * The company reported quarterly net income of $26.11
million.
    * Wall Street's median 12-month price target for Byline
Bancorp
Inc is $24.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
28 at 01:43 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.63           0.70           Beat
 Mar. 31 2023      0.62           0.64           Beat
 Dec. 31 2022      0.59           0.65           Beat
 Sep. 30 2022      0.58           0.61           Beat