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Mar 31, 2022
Byline Bancorp Q1 2022 Earnings Report
Reported strong first quarter results driven by solid loan and lease production and deposit gathering across the commercial banking platform
Key Takeaways
Byline Bancorp reported a net income of $22.3 million, or $0.58 per diluted share, for the first quarter of 2022, compared with net income of $17.2 million, or $0.45 per diluted share, for the fourth quarter of 2021, and net income of $21.8 million, or $0.56 per diluted share, for the first quarter 2021. The company delivered strong results driven by solid loan and lease production and deposit gathering across its commercial banking platform.
Net income of $22.3 million, or $0.58 per diluted share
Net interest income of $58.7 million and $19.4 million non-interest income
Total revenue of $78.2 million
Originated loan and leases increased $299.5 million, total loan and lease production of $324.9 million
Byline Bancorp
Byline Bancorp
Forward Guidance
No forward guidance provided in the earnings report.