We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Countdown to Byline Bancorp (BY) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS
Read MoreHide Full Article
The upcoming report from Byline Bancorp (BY - Free Report) is expected to reveal quarterly earnings of $0.72 per share, indicating an increase of 4.4% compared to the year-ago period. Analysts forecast revenues of $111.3 million, representing an increase of 6.3% year over year.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
Given this perspective, it's time to examine the average forecasts of specific Byline Bancorp metrics that are routinely monitored and predicted by Wall Street analysts.
The consensus estimate for 'Efficiency Ratio' stands at 52.4%. The estimate is in contrast to the year-ago figure of 53.6%.
The average prediction of analysts places 'Net Interest Margin' at 4.2%. The estimate is in contrast to the year-ago figure of 4.0%.
Analysts predict that the 'Average Balance - Total interest-earning assets' will reach $9.39 billion. The estimate is in contrast to the year-ago figure of $8.79 billion.
Based on the collective assessment of analysts, 'Net Interest Income' should arrive at $99.04 million. Compared to the present estimate, the company reported $88.52 million in the same quarter last year.
According to the collective judgment of analysts, 'Net gains on sales of loans' should come in at $3.83 million. The estimate is in contrast to the year-ago figure of $7.11 million.
Analysts forecast 'Total Non-Interest Income' to reach $13.82 million. Compared to the present estimate, the company reported $16.15 million in the same quarter last year.
Byline Bancorp shares have witnessed a change of +1.4% in the past month, in contrast to the Zacks S&P 500 composite's -0.4% move. With a Zacks Rank #2 (Buy), BY is expected outperform the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Countdown to Byline Bancorp (BY) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS
The upcoming report from Byline Bancorp (BY - Free Report) is expected to reveal quarterly earnings of $0.72 per share, indicating an increase of 4.4% compared to the year-ago period. Analysts forecast revenues of $111.3 million, representing an increase of 6.3% year over year.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
Given this perspective, it's time to examine the average forecasts of specific Byline Bancorp metrics that are routinely monitored and predicted by Wall Street analysts.
The consensus estimate for 'Efficiency Ratio' stands at 52.4%. The estimate is in contrast to the year-ago figure of 53.6%.
The average prediction of analysts places 'Net Interest Margin' at 4.2%. The estimate is in contrast to the year-ago figure of 4.0%.
Analysts predict that the 'Average Balance - Total interest-earning assets' will reach $9.39 billion. The estimate is in contrast to the year-ago figure of $8.79 billion.
Based on the collective assessment of analysts, 'Net Interest Income' should arrive at $99.04 million. Compared to the present estimate, the company reported $88.52 million in the same quarter last year.
According to the collective judgment of analysts, 'Net gains on sales of loans' should come in at $3.83 million. The estimate is in contrast to the year-ago figure of $7.11 million.
Analysts forecast 'Total Non-Interest Income' to reach $13.82 million. Compared to the present estimate, the company reported $16.15 million in the same quarter last year.
View all Key Company Metrics for Byline Bancorp here>>>Byline Bancorp shares have witnessed a change of +1.4% in the past month, in contrast to the Zacks S&P 500 composite's -0.4% move. With a Zacks Rank #2 (Buy), BY is expected outperform the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .