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Sep 30, 2023
Byline Bancorp Q3 2023 Earnings Report
Byline Bancorp reported Q3 2023 financial results with net income of $28.2 million and diluted earnings per share of $0.65.
Key Takeaways
Byline Bancorp reported a net income of $28.2 million, or $0.65 diluted earnings per share, for the third quarter of 2023. The company completed the acquisition and integration of Inland Bancorp, Inc. and was the top Illinois SBA 7(a) lender for the 15th consecutive year. NIM expanded 14 bps.
Completed the acquisition and integration of Inland Bancorp, Inc.
Top Illinois SBA 7(a) lender for 15th consecutive year
NIM expanded 14 bps
Adjusted efficiency ratio of 47.35%
Byline Bancorp
Byline Bancorp
Forward Guidance
Byline Bancorp sees opportunities to leverage its products and services and deliver enhanced stockholder value for years to come.