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Jun 30, 2021
Byline Bancorp Q2 2021 Earnings Report
Reported strong financial results driven by an improving economic environment and strategic plan execution.
Key Takeaways
Byline Bancorp reported a net income of $28.5 million, or $0.73 per diluted share, for the second quarter of 2021, compared with net income of $21.8 million for the first quarter of 2021 and $9.1 million for the second quarter 2020. The company's performance reflects an improving economic environment and the continued execution of its strategic plan.
Net income was $28.5 million, or $0.73 per diluted share.
Net interest margin was 3.74%.
Return on average assets was 1.70%.
Efficiency ratio was 51.95%.
Byline Bancorp
Byline Bancorp
Forward Guidance
Byline Bancorp is well-positioned for continued organic and acquisitive growth in the future.