Byline Bancorp, Inc. (BY) is a vibrant and diversified bank holding company headquartered in Chicago, Illinois. Founded in 1978, the organization has steadily grown to stand as one of the leading entities in the financial services industry. Known for its robust performance in the market, Byline Bancorp operates primarily through Byline Bank, its wholly-owned subsidiary.
The foundation of Byline Bancorp revolves around providing comprehensive financial solutions, which encompass a multitude of banking products and services. With a strong emphasis on delivering customer-driven outcomes, Byline Bancorp caters to the financial needs of small and mid-sized businesses, as well as individual customers. The company's product offerings range from business savings accounts and checking accounts to home loans, mortgages, and refinancing, as well as other banking products and services that demonstrate the organization's commitment to meeting its customers’ diverse needs.
As part of its identity, Byline Bancorp has established a reputation for tirelessly serving its communities. The bank has extended its outreach programs, using its resources to support various philanthropic causes and community development initiatives, contributing towards making a significant difference in local communities.
Over the years, Byline Bancorp has remained steadfast in its dedication to upholding and promoting financial integrity. The firm adheres to ethical banking practices and strong regulatory frameworks, ensuring a high standard of accountability, transparency, and trust in all its engagements.
Financially, Byline Bancorp has shown stable and significant progress, which is demonstrated by its substantial presence in assets, loans, and deposits. The continued growth, in combination with a tight control over asset quality, has led to consistent profitability and attractive returns for the company's stakeholders.
Greater strategic moves like the acquisition of First Evanston Bancorp in 2018 have strengthened Byline Bancorp's position even more. Such initiatives have helped reinforce its presence in the market and improve its power to drive more profitability.
In its overall governance, Byline Bancorp is led by a team of vision-driven leaders and dedicated employees. The team's commitment, coupled with the company's culture of performance and integrity, operates as the driving force behind Byline Bancorp’s continued success.
In conclusion, Byline Bancorp, Inc., stands as a beacon within the financial services industry, known for its remarkable service delivery, strategic growth, and commitment to community development. Its dedication to providing comprehensive solutions to its customers, coupled with its strong financial performance, positions the firm as a notable player in the banking industry.
Income statement
Balance sheet statement
Cash flow statement
Current assets / Current liabilities
Equity / Debt / Cash
Dividends
Byline Bancorp (BY) reported strong third-quarter 2026 results and updated its fourth-quarter net interest income guidance to US$103 million to US$105 million, signaling a focus on credit costs and capital returns. This new guidance places near-term earnings on execution rather than growth, with competitive funding costs and loan pricing in the Midwest being key short-term factors. The company aims for US$523.8 million in revenues and US$159.5 million in earnings by 2029, with analysts seeing a 12% potential upside.
Zacks Research has upgraded Byline Bancorp (NYSE:BY) from a "hold" to a "strong-buy" rating, contributing to an overall "Moderate Buy" consensus among analysts with an average price target of $43.50. The company recently reported strong quarterly earnings of $0.94 EPS, exceeding estimates, and revenues of $121.01 million. Despite recent insider selling, institutional investors hold a significant 67.73% stake in the company.
Byline Bank's Commercial Real Estate Group has provided a $17.5 million term loan to The Schirm Firm. This financing will be used to acquire Trotters Park, a multifamily property located at 720 Michigan Ave. in Columbus, situated between downtown and The Ohio State University.
Byline Bancorp (NYSE: BY) reported strong third-quarter 2026 financial results, including record net income of $41.8 million and revenue of $121 million, driven by growth in net interest income and noninterest income. The company announced plans to acquire Illinois State Bancorp, which is expected to help it surpass the $10 billion asset threshold in 2027, deferring Durbin Amendment impacts. Byline Bancorp also increased its quarterly cash dividend by 16.7% and repurchased shares, demonstrating strong capital management and a commitment to shareholder returns.