Byline Bancorp, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
January 29, 2021 at 03:29 am IST
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Byline Bancorp, Inc. announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced net interest income was USD 56.020 million compared to USD 53.914 million a year ago. Net income was USD 12.291 million compared to USD 15.852 million a year ago. Basic earnings per share from continuing operations was USD 0.32 compared to USD 0.41 a year ago. Diluted earnings per share from continuing operations was USD 0.31 compared to USD 0.41 a year ago. For the full year, net interest income was USD 214.978 million compared to USD 216.285 million a year ago. Net income was USD 37.467 million compared to USD 57.002 million a year ago. Basic earnings per share from continuing operations was USD 0.96 compared to USD 1.51 a year ago. Diluted earnings per share from continuing operations was USD 0.96 compared to USD 1.48 a year ago.
Byline Bancorp, Inc. is a bank holding company. The Company conducts all its business activities through its subsidiary, Byline Bank, a full-service commercial bank, and Byline Bankâs subsidiaries. It offers a range of banking products and services to small and medium-sized businesses, commercial real estate and financial sponsors and to consumers who generally live or work near its branches. It also offers online account opening to consumer and business customers through its Website and provides trust and wealth management services to its customers. In addition to its traditional commercial banking business, it provides small ticket equipment leasing solutions through Byline Financial Group, a wholly owned subsidiary of Byline Bank. It offers a range of commercial loan, deposit and treasury management products. Its primary commercial lending groups include commercial and industrial, commercial real estate, sponsor finance, commercial deposits and treasury management and others.
BYLINE BANCORP, INC. 
