Byline Bancorp Q2 profit rises, dividend up

Byline Bancorp

23/07/2026 21:27

    

    Overview
  
U.S. commercial bank's Q2 net income and adjusted EPS rose yr/yr on record revenue
Company increased quarterly dividend by 16.7% to $0.14 per share
Results driven by higher non-interest income and lower non-interest expense

    

    Outlook
  
Company says it enters second half of 2026 with good momentum
Byline Bancorp highlights stable balance sheet trends and consistent credit quality

    

    Result Drivers
  
NON-INTEREST INCOME GAINS - Higher non-interest income driven by gains in fair value of equity securities, loan servicing asset revaluation, increased loan sales, and other income
EXPENSE REDUCTION - Lower non-interest expense due to declines in real estate losses, salaries, and occupancy costs, partly offset by impairment charge
CREDIT COSTS - Provision for credit losses rose due to additional allocations on individually assessed loans and loan portfolio growth

    
Company press release: ID:nBw6mBXv7a

    

    Key Details
  

            Metric
          

            Beat/Miss
          

            Actual
          

            Consensus Estimate
          
Q2 EPS
 
$0.90
 
Q2 Net Income
 
$40.20 mln
 
Q2 Net Interest Income
 
$100.83 mln
 
Q2 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", 2 "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 $39.00, about 3.3% above its July 22 closing price of $37.75
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 10 three months ago

    

    Reuters Recommended Reads
  
July 23 - Dime Community Bancshares Q2 revenue hits record on loan growth
July 23 - Bankwell Financial beats Q2 revenue estimates, raises 2026 net interest income guidance
July 21 - Capital One second-quarter profit rises on higher interest income

    
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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.)