Byline Bancorp Inc reports results for the quarter ended in September 30 - Earnings Summary

Reuters10-27

* Byline Bancorp Inc reported quarterly adjusted earnings of 69 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 65 cents. The mean expectation of six analysts for the quarter was for earnings of 65 cents per share. Wall Street expected results to range from 61 cents to 67 cents per share.

* Revenue fell 2.9% to $101.84 million from a year ago; analysts expected $101.08 million.

* Byline Bancorp Inc's reported EPS for the quarter was 69 cents​.

* The company reported quarterly net income of $30.33 million.

* Byline Bancorp Inc shares had fallen by 0.9% this quarter and gained 12.6% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts had fallen by about 1.5% in the last three months.​

* In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

* 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 also "buy"

Wall Street's median 12-month price target for Byline Bancorp Inc is $32.00 This summary was machine generated from LSEG data October 27 at 03:46 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Sep. 30 2024 0.65 0.69 Beat

Jun. 30 2024 0.63 0.68 Beat

Mar. 31 2024 0.63 0.70 Beat

Dec. 31 2023 0.67 0.68 Beat

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