Byline Bancorp Q3 net income rises on NII growth

Byline Bancorp

23/10/2025 21:24

Overview

Byline Bancorp Q3 net income rises to $37.2 mln, reflecting record revenues

Company's Q3 net interest income increases 4.1% to $99.9 mln

Provision for credit losses drops to $5.3 mln in Q3

Outlook

Company did not provide specific guidance for future quarters or full year in press release.

Result Drivers

NET INTEREST INCOME - Growth in net interest income was driven by higher interest income from loan and lease portfolio expansion and reduced deposit rates

NON-INTEREST INCOME - Increase in non-interest income was mainly due to higher net gains on sales of loans

CREDIT LOSS PROVISION - Decrease in provision for credit losses due to lower non-performing loans and higher recoveries

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 EPS
$0.82
Q3 Net Income
$37.20 mln
Q3 Net Interest Income
$99.90 mln
Q3 Credit Loss Provision
$5.30 mln
Q3 Dividend
$0.10


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 15.8% above its October 21 closing price of $26.94

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

Press Release: ID:nBwvQ0MJa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(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.)