Byline Bancorp (BY) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended September 2024, Byline Bancorp (BY) reported revenue of $101.84 million, down 2.9% over the same period last year. EPS came in at $0.70, compared to $0.77 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $101.67 million, representing a surprise of +0.17%. The company delivered an EPS surprise of +7.69%, with the consensus EPS estimate being $0.65.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how Byline Bancorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Efficiency Ratio: 52% compared to the 53% average estimate based on three analysts. Net Interest Margin: 3.9% versus the three-analyst average estimate of 3.9%. Average Balance - Total interest-earning assets: $8.96 billion compared to the $8.85 billion average estimate based on two analysts. Net charge-offs of loans and leases: 0.5% versus the two-analyst average estimate of 0.4%. Net Interest Income: $87.46 million compared to the $86.74 million average estimate based on three analysts. Net gains on sales of loans: $5.86 million compared to the $6.10 million average estimate based on three analysts. Total Non-Interest Income: $14.39 million versus $14.90 million estimated by three analysts on average. Fees and service charges on deposits: $2.59 million versus $2.60 million estimated by two analysts on average. Wealth management and trust income: $1.10 million versus the two-analyst average estimate of $0.97 million. ATM and interchange fees: $1.14 million compared to the $1.21 million average estimate based on two analysts. View all Key Company Metrics for Byline Bancorp here>>>Shares of Byline Bancorp have returned +2.4% over the past month versus the Zacks S&P 500 composite's +1.5% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Byline Bancorp, Inc. (BY): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks