Byline Bancorp: 4Q Earnings Snapshot

January 24, 2019

CHICAGO (AP) _ Byline Bancorp Inc. (BY) on Thursday reported fourth-quarter earnings of $17.1 million.

The Chicago-based bank said it had earnings of 46 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 38 cents per share.

The bank holding company posted revenue of $77.5 million in the period. Its revenue net of interest expense was $67.8 million, also topping Street forecasts.

For the year, the company reported profit of $41.2 million, or $1.18 per share. Revenue was reported as $230.2 million.

Byline Bancorp shares have climbed almost 4 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $17.31, a fall of 23 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BY at https://www.zacks.com/ap/BY

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