Byline Bancorp(BY) - 2023 Q3 - Earnings Call Transcript

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 ...