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Byline Bancorp, Inc. - BY STOCK NEWS

Welcome to our dedicated page for Byline Bancorp news (Ticker: BY), a resource for investors and traders seeking the latest updates and insights on Byline Bancorp stock.

Byline Bancorp, Inc. (symbol: BY) operates as the bank holding company for Byline Bank, which provides a diverse range of banking products and services primarily to small and medium-sized businesses, commercial real estate clients, financial sponsors, and consumers across the United States. The company, headquartered in Chicago, offers an array of deposit accounts including non-interest bearing accounts, money market demand accounts, savings accounts, interest-bearing checking accounts, and certificates of deposit.

Byline Bancorp also delivers a wide spectrum of commercial loan products. These include term loans, revolving lines of credit, construction financing, and small business administration loans. In addition, the company provides cash management products, small ticket equipment leasing services through its wholly-owned subsidiary, Byline Financial Group, as well as online, mobile, and direct banking services.

The company operates 56 branch offices situated in the Chicago metropolitan area and one branch office in Brookfield, Wisconsin. Formerly known as Metropolitan Bank Group, Inc., the company rebranded to Byline Bancorp, Inc. in 2015. Byline Bancorp, Inc. was initially incorporated in 1978.

Recent achievements include expanding its product offerings and strengthening its financial condition through strategic initiatives and partnerships. Byline Bancorp continues to innovate and adapt to the evolving financial landscape, ensuring its services remain competitive and relevant.

For more detailed updates on Byline Bancorp's latest news, financial performance, and ongoing projects, please refer to the latest news section below.

Rhea-AI Summary
Byline Bancorp, Inc. (NYSE: BY) will release its fourth quarter 2023 financial results after market close on Thursday, January 25, 2024, and host a conference call and webcast at 9:00 a.m. Central Time on Friday, January 26, 2024 to discuss the results. Analysts and investors can participate in the question-and-answer session. Telephone and webcast access details are provided for those interested in joining the call or accessing the replay.
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Byline Bancorp, Inc. (NYSE: BY) approves new stock repurchase program to buy back up to 1.25 million shares, representing 2.9% of outstanding common stock. The program will be effective from January 1, 2024, to December 31, 2024. Roberto R. Herencia, Executive Chairman and CEO, emphasizes the company's commitment to using this tool as part of its capital management strategy.
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Byline Bank (BYLN) to Donate $30,000 for Giving Tuesday Philanthropic Initiatives
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Byline Bancorp announces cash dividend of $0.09 per share for the quarter
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Byline Bancorp reports net income of $28.2 million and $0.65 diluted earnings per share for the third quarter. The company completed the acquisition and integration of Inland Bancorp, Inc. Non-interest income was $12.4 million, and total revenue reached $104.8 million. Net interest income increased by $16.3 million compared to the previous quarter. The provision for credit losses was $8.8 million, and non-interest expense was $57.9 million. Total assets were $8.9 billion, and total deposits increased to $6.9 billion. The efficiency ratio was 53.75%.
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Byline Bank ranked No. 1 SBA lender in Illinois for the 15th year
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Byline Bancorp to release Q3 2023 financial results and host conference call
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Byline Bancorp appoints Carlos Ruiz Sacristán to Boards of Directors
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FAQ

What is the current stock price of Byline Bancorp (BY)?

The current stock price of Byline Bancorp (BY) is $31.38 as of December 2, 2024.

What is the market cap of Byline Bancorp (BY)?

The market cap of Byline Bancorp (BY) is approximately 1.4B.

What services does Byline Bancorp, Inc. provide?

Byline Bancorp, Inc. offers a variety of banking products and services, including deposit accounts, commercial loans, small business administration loans, equipment leasing, and online banking.

Where is Byline Bancorp, Inc. located?

Byline Bancorp, Inc. is headquartered in Chicago and operates 56 branch offices in the Chicago metropolitan area and one branch office in Brookfield, Wisconsin.

What types of accounts does Byline Bancorp offer?

Byline Bancorp offers non-interest bearing accounts, money market demand accounts, savings accounts, interest-bearing checking accounts, and certificates of deposit.

Does Byline Bancorp provide small business loans?

Yes, Byline Bancorp provides small business administration loans, term loans, revolving lines of credit, and construction financing.

When was Byline Bancorp, Inc. founded?

Byline Bancorp, Inc. was incorporated in 1978.

What is Byline Financial Group?

Byline Financial Group is a wholly-owned subsidiary of Byline Bank that offers small ticket equipment leasing solutions.

Has Byline Bancorp, Inc. changed its name?

Yes, the company was formerly known as Metropolitan Bank Group, Inc. and changed its name to Byline Bancorp, Inc. in 2015.

What recent achievements has Byline Bancorp accomplished?

Byline Bancorp has expanded its product offerings and strengthened its financial condition through strategic initiatives and partnerships.

Does Byline Bancorp offer online banking services?

Yes, Byline Bancorp provides online, mobile, and direct banking services.

How can I get the latest updates on Byline Bancorp, Inc.?

Visit the latest news section on their website or stock market websites like StockTitan for the most recent updates on Byline Bancorp, Inc.

Byline Bancorp, Inc.

NYSE:BY

BY Rankings

BY Stock Data

1.39B
25.14M
43.2%
44.77%
1.26%
Banks - Regional
State Commercial Banks
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United States of America
Chicago