Byline Bancorp Inc reports results for the quarter ended March 31 - Earnings Summary

• Byline Bancorp Inc BY.N reported quarterly adjusted earnings of 64 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 70 cents. The mean expectation of six analysts for the quarter was for earnings of 61 cents per share. Wall Street expected results to range from 59 cents to 64 cents per share.

• Revenue rose 2% to $103.08 million from a year ago; analysts expected $100.82 million.

• Byline Bancorp Inc's reported EPS for the quarter was 64 cents​.

• The company reported quarterly net income of $28.25 million.

• Byline Bancorp Inc shares had fallen by 3.1% this quarter and lost 12.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 3.9% 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 $34.00

This summary was machine generated from LSEG data April 24 at 10:00 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)