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Byline Bancorp: 3Q Earnings Snapshot

CHICAGO (AP) _ Byline Bancorp Inc. (BY) on Thursday reported third-quarter earnings of $15.3 million.

The Chicago-based bank said it had earnings of 39 cents per share. Earnings, adjusted for one-time gains and costs, were 41 cents per share.

The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 41 cents per share.

The bank holding company posted revenue of $85.8 million in the period. Its revenue net of interest expense was $72.6 million, which beat Street forecasts.

Byline Bancorp shares have climbed nearly 6% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $17.65, a fall of almost 7% 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