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Stock impact report

Byline Bancorp, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results [Yahoo! Finance]

Byline Bancorp, Inc. (BY) 
Last byline bancorp, inc. earnings: 4/30 04:15 pm Check Earnings Report
US:NYSE Investor Relations: bylinebancorp.com
Company Research Source: Yahoo! Finance
CHICAGO, January 25, 2024 BUSINESS WIRE )--Byline Bancorp, Inc. (NYSE: BY), today reported: For the quarter Full Year Highlights 4Q23 3Q23 4Q22 Financial Results (in thousands) • Net income increased $20.1 million, or 22.9% Net interest income Non-interest income • Positive operating leverage of 6.1% Total Revenue driven by 28.0% increase in PTPP Non-interest expense Pre-tax pre-provision net income (PTPP) • Net interest income up $65.3 million, Provision for credit losses or 24.6%; NIM up 31 bps to 4.31% Provision for income taxes Net Income • Assets increased by $1.5 billion, through organic growth and Inland acquisition Per Share Diluted EPS 4Q23 Income Statement Highlights Dividends declared per common share • Adjusted net income of $31.8 million, Book value per share or $0.73 per adjusted diluted share Tangible book value per share • Record PTPP of $47.2 million Balance Sheet & Credit Quality Total deposits • Adju Show less Read more
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