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. reports developments tied to its role as the parent company of Byline Bank, a full-service commercial bank serving small- and medium-sized businesses, financial sponsors, and consumers. Company news centers on quarterly earnings, net interest income, deposit costs, loan and lease trends, credit-loss provisioning, and fee revenue across its commercial and community banking activities.
Recurring updates also cover capital management actions such as dividends and stock repurchases, small-ticket equipment leasing, SBA lending, and Byline Bank's presence in the Chicago and Milwaukee metropolitan areas.
Byline Bank (NYSE:BY) has announced a strategic sponsorship partnership with the Chicago Blackhawks for the 2025-26 season, coinciding with the hockey team's centennial celebration. The partnership includes prominent branding presence at the United Center through rink boards and in-arena signage, as well as visibility during broadcasts on Chicago Sports Network and digital channels.
This sponsorship, combined with Byline's recent CTA bus route sponsorship, reinforces the bank's deep-rooted commitment to Chicago's community. The partnership strategically aligns with Byline's target market, as Blackhawks fans notably include a high concentration of business owners and leaders.
Byline Bancorp (NYSE: BY) has successfully completed a $75.0 million private placement of subordinated notes. The notes, due in 2035, will initially carry a 6.875% fixed interest rate until August 15, 2030, paid semi-annually. After this period, the rate will switch to a floating rate of three-month SOFR plus 322 basis points, paid quarterly.
The company plans to use the proceeds to redeem its existing $75.0 million of 6.00% subordinated notes due in 2030. The new notes qualify as Tier 2 capital for regulatory purposes and include an option for early redemption after August 15, 2030. Piper Sandler & Co. served as the sole placement agent for this offering.
Byline Bancorp (NYSE:BY) reported strong Q2 2025 financial results, with net income of $30.1 million and diluted EPS of $0.66. The quarter was marked by the successful completion of the First Security Bancorp acquisition. Net interest income increased 8.8% to $96.0 million, with net interest margin expanding to 4.18%.
Key highlights include total assets reaching $9.7 billion, loan and lease growth of 17.5% annualized, and deposit growth of 13.7% annualized. The bank maintained strong capital ratios with CET1 at 11.85%. The Board declared a quarterly cash dividend of $0.10 per share, payable August 19, 2025.
Byline Bancorp (NYSE:BY) has scheduled its second quarter 2025 financial results announcement for Thursday, July 24, 2025, after market close. The company will host a conference call and webcast the following day, Friday, July 25, 2025, at 9:00 a.m. Central Time to discuss the results.
Investors and analysts can participate in the Q&A session via telephone using the access code 014057. A replay will be available through August 8, 2025. Additionally, a live webcast will be accessible through the company's Investor Relations website, with an archived version available shortly after the call.
Byline Bancorp (NYSE: BY) reported Q1 2025 financial results with net income of $28.2 million and diluted EPS of $0.64. Net interest income was $88.2 million, slightly down 0.3% from Q4 2024. The bank's net interest margin expanded to 4.07%, marking the 10th consecutive quarter above 2.00%.
Key highlights include total deposits growth of $94.7 million to $7.6 billion, and loan portfolio expansion of $137.1 million to $7.0 billion. The bank completed its acquisition of First Security Bancorp on April 1, 2025, bringing combined total assets to approximately $9.9 billion. Credit quality improved with non-performing loans decreasing by $8.5 million.
Notable achievements include a credit ratings upgrade from KBRA, with Byline Bancorp's senior unsecured debt rating upgraded to BBB+ and Byline Bank's deposit ratings to A-. The Board declared a quarterly cash dividend of $0.10 per share, payable on May 20, 2025.
Byline Bancorp (NYSE: BY) has scheduled the release of its first quarter 2025 financial results after market close on Thursday, April 24, 2025. The company will host a conference call and webcast the following day, Friday, April 25, 2025, at 9:00 a.m. Central Time to discuss the results.
Investors and analysts can participate in the Q&A session through telephone access (833-470-1428; passcode: 400191) or via webcast on the company's Investor Relations website. A replay will be available through May 9, 2025 (866-813-9403; passcode: 172708), and the webcast recording will be archived on the company's website.
Byline Bancorp (NYSE: BY) has completed its merger with First Security Bancorp and its subsidiary First Security Trust and Savings Bank, effective April 1, 2025. The merger brings Byline's total assets to approximately $9.8 billion, based on December 31, 2024 data.
Under the merger terms, each First Security Bancorp common stock share was converted to 2.3539 shares of Byline common stock. The total merger consideration value at closing was approximately $41.5 million, with First Security Bancorp preferred shares redeemed in cash prior to closing at approximately $2.4 million.