Byline Bancorp Q3 EPS rises 15%, revenue hits record

Byline Bancorp

22/10/2026 21:17

Overview
US commercial bank's Q3 total revenue and net interest income rose yr/yr
Diluted EPS for Q3 rose 14.6% from prior year
Company raised quarterly dividend and repurchased shares, returning over $20 mln to shareholders

Outlook
Company expects strong capital position to support future growth and market opportunities
Byline Bancorp says acquisition of Illinois State Bancorp to expand market presence and core deposit base
Company sees flexibility to pursue long-term value creation as it grows in Chicago market

Result Drivers
INVESTMENT SECURITIES & FUNDING COSTS - Co said higher yields on investment securities and reduced wholesale funding costs drove net interest income growth
DEPOSIT GROWTH - Co said deposit growth contributed to balance sheet expansion, though cost of deposits increased
CREDIT QUALITY IMPROVEMENTS - Co said lower credit loss provision was due to improved collateral-related factors and lower loan balances

Company press release: ID:nBwtWjSBa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Net Income
 
$41.80 mln
 
Q3 Net Interest Income
 
$103.70 mln
 
Q3 Credit Loss Provision
 
-$6.70 mln
 
Q3 Dividend
 
$0.14
 

Analyst Coverage
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"
The average consensus recommendation for the banks peer group is "buy"
Wall Street's median 12-month price target for Byline Bancorp Inc is $44.00, about 17.7% above its October 21 closing price of $37.39
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 11 three months ago

Reuters Recommended Reads
Oct 19 - ServisFirst Bancshares Q3 profit jumps on loan growth, wider interest margin 
Oct 20 - KeyCorp Q3 revenue rises 8% to record, profit up 24%
Oct 21 - Pinnacle Financial Partners Q3 adjusted profit beats estimates on loan, fee income growth

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)