Byline Bancorp Q1 2024 Earnings Report

Byline Bancorp EPS Results

• Actual EPS: $0.70
• Consensus EPS: $0.63
• Beat/Miss: Beat by +$0.07
• One Year Ago EPS: $0.65

Byline Bancorp Revenue Results

• Actual Revenue: $153.79 million
• Expected Revenue: $97.35 million
• Beat/Miss: Beat by +$56.44 million
• YoY Revenue Growth: N/A

Byline Bancorp Announcement Details

• Quarter: Q1 2024
• Date: 4/26/2024
• Time: After Market Closes

Byline Bancorp (NYSE:BY) operates as the bank holding company for Byline Bank that provides various banking products and services for small and medium sized businesses, commercial real estate and financial sponsors, and consumers in the United States. It offers various retail deposit products, including non-interest-bearing accounts, money market demand accounts, savings accounts, interest-bearing checking accounts, and time deposits; ATM and debit cards; and online, mobile, and text banking services, as well as commercial deposits. The company also provides term loans, revolving lines of credit, and construction financing services; senior secured financing solutions to private equity backed lower middle market companies; small business administration and united states department of agriculture loans; and treasury management products and services. In addition, it offers financing solutions for equipment vendors and their end users; syndication services; and investment, trust, and wealth management services that include fiduciary and executor services, financial planning solutions, investment advisory services, and private banking services for foundations and endowments, and high net worth individuals. The company was formerly known as Metropolitan Bank Group, Inc. and changed its name to Byline Bancorp, Inc. in 2015. Byline Bancorp, Inc. was founded in 1914 and is headquartered in Chicago, Illinois.