CHICAGO (AP) _ Byline Bancorp Inc. (BY) on Thursday reported fourth-quarter net income of $15.9 million.

The bank, based in Chicago, said it had earnings of 41 cents per share. Earnings, adjusted for one-time gains and costs, came to 42 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 38 cents per share.

The bank holding company posted revenue of $80.4 million in the period. Its revenue net of interest expense was $68.4 million, missing Street forecasts.

For the year, the company reported profit of $57 million, or $1.48 per share. Revenue was reported as $271.8 million.

Byline Bancorp shares have increased 5% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $20.58, an increase of 17% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BY at https://www.zacks.com/ap/BY

Automated Insights, source Associated Press News