Byline Bancorp, Inc. (NYSE:BY) is reporting third quarter earnings results on Thursday 22nd October 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.21 per share.
For the full year, analysts predict revenues of $ 266.23 million, while looking forward to income of $ 0.80 per share.
Previous Quarter Performance
Byline Bancorp, Inc. outlined income for the second quarter of $ 0.24 per share, from the revenue of $ 65.40 million. The quarterly earnings declined 41.46 percent while revenues down 4.71 percent compared with the same quarter last year.
Wall street analysts are predicting, BY to report 2Q20 income of $ 0.04 per share from revenue of $ 60.83 million. The bottom line results beat street analysts by $ 0.2 or 500.00 percent, at the same time, top line results outshined analysts by $ 4.57 million or 7.51 percent.
Stock Performance
Shares of Byline Bancorp, Inc. traded up $ 0.06 or 0.45 percent on Wednesday, reaching $ 13.51 with volume of 26.40 thousand shares. Byline Bancorp, Inc. has traded high as $ 13.64 and has cracked $ 13.50 on the downward trend
The closing price of $ 13.51, representing a 63.35 % increase from the 52 week low of $ 8.13 and a 35.94 % decrease over the 52 week high of $ 20.73.
The company has a market capital of $ 518.94 million and is part of the Financial Services sector and Banks – Regional – US industry.
Conference Call
Byline Bancorp, Inc. will be hosting a conference call at 10:00 AM eastern time on 23rd October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.bylinebank.com
Byline Bancorp, Inc. operates as the bank holding company for Byline Bank that provides a range of banking products and services to small and medium sized businesses, commercial real estate and financial sponsors, and consumers in the United States. It offers non-interest bearing accounts, money market demand accounts, savings accounts, interest bearing checking accounts, and time deposits, as well as certificates of deposit.
