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Sep 30, 2022
Byline Bancorp Q3 2022 Earnings Report
Byline Bancorp reported a strong third quarter with record revenues, driven by expansion in net interest income supported by loan, lease and deposit growth and the benefit of higher interest rates.
Key Takeaways
Byline Bancorp, Inc. reported net income of $22.7 million, or $0.61 per diluted share, for the third quarter of 2022. The results were driven by expansion in net interest income supported by loan, lease and deposit growth and the benefit of higher interest rates.
Net income of $22.7 million, or $0.61 per diluted share
Net interest income of $68.9 million and $12.0 million of non-interest income
Total revenue of $80.9 million
Originated loans and leases increased $134.3 million
Byline Bancorp
Byline Bancorp
Forward Guidance
No specific forward guidance was provided in the earnings report.