Byline Bancorp Q2 net income $29.7M ($0.68 EPS); loans up 6.1% annualized

BYLINE BANCORP, INC.

2024-Q2 EPS reported $1.37

Net income $29.7M ($0.68 diluted EPS) vs $30.4M ($0.70) in Q1 and $26.1M ($0.70) in Q2 2023.
Net interest income $86.5M, up 1.2% QoQ; tax-equivalent NIM 3.99% vs 4.00%.
Total loans $6.90B, up $102.8M (+6.1% annualized); deposits flat at $7.35B.
Provision for credit losses $6.0M; net charge-offs $9.5M (up from $6.2M).
Tangible book value per share $18.84, up 8.1% YoY; dividend unchanged at $0.09/share.

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