Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:Ducommun (DCO) manufactures components and assemblies principally for domestic and foreign commercial and military aircraft and space programs. The Zacks Consensus Estimate for its current year earnings has been revised 9.8% downward over the last 60 days.Byline Bancorp (BY) operates as a bank holding company serving small- and medium-sized businesses, financial sponsors and consumers. The Zacks Consensus Estimate for its current year ...

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:Byline Bancorp, Inc. (BY) is the bank holding company for Byline Bank. The Zacks Consensus Estimate for its current year earnings has been revised 4.2% downward over the last 60 days.ConocoPhillips (COP) is a company which explores and produces crude oil, bitumen and natural gas. The Zacks Consensus Estimate for its current year earnings has been revised 19.9% downward over the last 60 days.FinWise Bancorp (FINW) is the bank holding c ...

Thank you, Alberto. Good morning, and best wishes for a healthy and happy new year to all. I start my remarks by acknowledging Byline shareholder and friend, Dan Goodwin, who passed away in Chicago last weekend. Dan's story as a human being and business leader is simply remarkable. I met Dan almost 14 years ago and most recently interacted with him prior and after the merger between Byline and Inland Bank. It was important to him that we referred to our coming together as a merger, not an acquisition. That ...

4Q23 Earnings Presentation No representations, warranties or guarantees are or will be made by Byline as to the reliability, accuracy or completeness of any forward-looking statements contained in this communication or that such forward-looking statements are or will remain based on reasonable assumptions. You should not place undue reliance on any forward-looking statements contained in this communication. Reported net income of $107.9 million, or diluted EPS of $2.67, on revenue of $386.9 million Solid ad ...

Byline Bancorp (BY) reported $100.79 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 14.5%. EPS of $0.73 for the same period compares to $0.67 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $101.07 million, representing a surprise of -0.28%. The company delivered an EPS surprise of +8.96%, with the consensus EPS estimate being $0.67.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings - ...

Byline Bancorp (BY) came out with quarterly earnings of $0.73 per share, beating the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.67 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.96%. A quarter ago, it was expected that this bank holding company would post earnings of $0.61 per share when it actually produced earnings of $0.77, delivering a surprise of 26.23%.Over the last four quarters, the ...

Wall Street analysts expect Byline Bancorp (BY) to post quarterly earnings of $0.67 per share in its upcoming report, which indicates no change from the year-ago quarter. Revenues are expected to be $101.07 million, up 14.8% from the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Ahead of a company's earnings disclosure, it is crucial to ...

The Trusts are not consolidated with the Company. Accordingly, the Company reports the subordinated debentures held by the Trusts as liabilities. The Company owns all of the common securities of each trust. The junior subordinated debentures qualify, and are treated as, Tier 1 regulatory capital of the Company subject to regulatory limitations. The trust preferred securities issued by each trust rank equally with the common securities in right of payment, except that if an event of default under the indentu ...

Total revenue was $105 million, up $14 million for the quarter and 30% year-on-year. Growth in the quarter was driven by a $16 million or 21% increase in net interest income, stemming from higher loan balances. Noninterest income declined largely due to a negative fair value mark on our servicing asset, despite increased gain on sale revenue. Expenses inclusive of all merger-related charges were $58 million for the quarter, up 17%. Excluding charges, operating expenses remain well managed at $51 million, ma ...

Byline Bancorp, Inc. Forward-Looking Statements Certain risks and important factors that could affect Byline's future results are identified in our Annual Report on Form 10-K and other reports we file with the Securities and Exchange Commission, including among other things under the heading "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2022. Any forward-looking statement speaks only as of the date on which it is made, and Byline undertakes no obligation to update any forw ...