NYSE$BY

Byline Bancorp Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

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.

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

Headline financials

Total Revenue

$80.9M

Previous: $78.3M+3.2%
EPS (adj)

$0.61

Previous: $0.69-11.6%
Efficiency Ratio

55.1%

Previous: 54.2%+1.7%
Net Interest Margin

4.0%

Previous: 3.9%+3.3%
Return on Average Assets

1.3%

Previous: 1.5%-17.6%
Capital Expenditures

-$3.33M

Previous: -$1.76M-88.9%
Free Cash Flow

$19.3M

Previous: $23.5M-17.9%
Net Income

$22.7M

Previous: $25.3M-10.5%
Operating Income

$62.7M

Previous: $61.7M+1.5%
Gross Profit

$80.9M

Previous: $78.3M+3.2%
Cash & Equivalents

$216M

Previous: $143M+51.4%
Total Assets

$7.28B

Previous: $6.7B+8.5%
Stock-Based Comp

$1.2M

Previous: $1.08M+11.0%

Revenue & EPS history

Byline Bancorp · Revenue · Quarterly

$80.9M

Q3 2022+3.2%vs Q3 2021
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Revenue by segment

Byline Bancorp · $80.7M total across 2 segments · Q4 2021

  • Net Interest Income
    $61.7M
  • Non-Interest Income
    $19M

Forward guidance

No specific forward guidance was provided in the earnings report.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2022

Historical avgQ3 2022

+0.9%

Avg return

Earnings day

+0.9%

Avg return

5 days after

+3.3%

Avg return

30 days after

62%

26 / 42 earnings

Positive

+9.3%

Q4 2020

Best reaction

-14.7%

Q1 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.2%-2.0%-0.4%
Q4 2025-2.7%-2.3%+4.5%
Q3 2025+5.7%+1.1%+3.6%
Q2 2025-1.6%+0.8%+5.6%
Q1 2025-0.2%-0.5%+0.8%
Q4 2024+3.1%+3.5%+2.3%
Q3 2024+0.5%+2.6%+19.5%
Q2 2024+2.8%-1.2%-2.1%
Q1 2024+1.6%+1.1%+8.6%
Q4 2023-3.9%-3.5%-9.7%
Q3 2023+0.5%+1.9%+10.0%
Q2 2023+7.7%+5.5%+1.1%
Q1 2023+1.6%-5.1%-4.4%
Q4 2022+6.8%+9.3%+9.0%
Q3 2022+2.6%+0.5%-1.8%
Q2 2022-3.5%-9.7%-11.3%
Q1 2022+0.9%+2.2%+6.9%
Q4 2021-4.3%-2.9%-0.7%
Q3 2021+4.7%+6.5%+8.0%
Q2 2021+7.1%+5.2%+11.5%
Q1 2021+4.0%+5.8%+5.7%
Q4 2020+9.3%+14.7%+35.5%
Q3 2020+3.5%-0.1%+11.0%
Q2 2020+7.3%+6.7%-1.7%
Q1 2020-14.7%-18.1%-7.0%
Q4 2019-1.3%-1.4%-5.1%
Q3 2019-3.2%-3.6%+1.5%
Q2 2019-1.6%+0.2%-10.9%
Q1 2019+1.2%+2.6%-1.8%
Q4 2018+1.9%+6.1%+15.7%
Q3 2018+6.7%+14.1%+8.8%
Q2 2018+0.2%+0.4%+7.2%
Q1 2017-0.6%+2.6%+3.2%
Q1 2018-5.9%-5.9%-2.9%
Q4 2015-1.7%+0.3%-6.1%
Q4 2017+0.9%+0.8%+1.9%
Q3 2016-0.9%-0.6%+7.9%
Q3 2017-2.0%-2.6%-4.1%
Q2 2016+2.3%+2.1%+6.0%
Q1 2016+2.3%+2.1%+6.0%
Q4 2016+2.3%+2.1%+6.0%
Q2 2017-0.7%-2.6%+2.0%

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