Byline Bancorp (BY) Q1 Earnings and Revenues Surpass Estimates

Core Insights - Byline Bancorp reported quarterly earnings of $0.65 per share, exceeding the Zacks Consensus Estimate of $0.62 per share, but down from $0.70 per share a year ago, representing an earnings surprise of 4.84% [1] - The company achieved revenues of $103.08 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 2.06% and up from $101.01 million year-over-year [2] - Byline Bancorp has consistently surpassed consensus EPS estimates over the last four quarters [2] Financial Performance - The earnings surprise for the previous quarter was 15%, with actual earnings of $0.69 per share compared to an expected $0.60 [1] - The current consensus EPS estimate for the upcoming quarter is $0.66, with projected revenues of $107.3 million, and for the current fiscal year, the EPS estimate is $2.62 on revenues of $425.25 million [7] Market Position - Byline Bancorp shares have declined approximately 12.6% since the beginning of the year, compared to a decline of 8.6% for the S&P 500 [3] - The Zacks Industry Rank for Banks - Northeast is in the top 22% of over 250 Zacks industries, indicating a favorable industry outlook [8] Future Outlook - The estimate revisions trend for Byline Bancorp is currently favorable, leading to a Zacks Rank 2 (Buy) for the stock, suggesting expected outperformance in the near future [6] - The performance of Byline Bancorp's stock may be influenced by management's commentary on the earnings call and the overall industry outlook [4][5]