Byline Bancorp Q2 net interest income rises

Byline Bancorp

24/07/2025 21:40

Overview

Byline Bancorp Q2 net interest income rises 8.8% due to acquisition impact

Company completed acquisition of First Security Bancorp, boosting loan growth

Outlook

Company expects continued momentum into second half of 2025

Byline Bancorp sees market position as strong post-acquisition

Result Drivers

ACQUISITION IMPACT - Completion of First Security Bancorp acquisition boosted net interest income and loan growth

DEPOSIT GROWTH - Increase in deposits driven by acquisition and shift in deposit mix

CREDIT LOSS PROVISION - Higher provision for credit losses due to loan growth and weaker macroeconomic forecast

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
$0.66
Q2 Net Income
$30.10 mln
Q2 Net Interest Income
$96 mln
Q2 Credit Loss Provision
-$11.90 mln
Q2 Dividend
$0.1


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 $32.00, about 13.5% above its July 23 closing price of $27.69

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nBw8Jkyywa

(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.)