Articles from Byline Bancorp, Inc.

Byline Bancorp, Inc. (“Byline”) (NYSE: BY), the parent company of Byline Bank, announced today that it has completed its merger with First Security Bancorp, Inc. (“First Security Bancorp”) and its wholly owned bank subsidiary, First Security Trust and Savings Bank (“First Security”). As a result of the transaction, effective April 1, 2025, First Security merged with and into Byline Bank. The transaction brings Byline’s total assets to approximately $9.8 billion, based on information as of December 31, 2024.

Byline Bancorp, Inc. (NYSE: BY) ("Byline" or "the Company") announced that Kroll Bond Rating Agency, LLC (“KBRA”) has upgraded both Byline and its subsidiary, Byline Bank, credit ratings based on the Company’s strong performance and financial outlook.

Byline Bancorp, Inc. (NYSE: BY), today reported:

Byline Bancorp, Inc. (NYSE: BY) announced today that Brian F. Doran has joined the Company and Byline Bank as Executive Vice President, General Counsel. Mr. Doran will be responsible for leading the company’s overall legal function and corporate governance initiatives while providing operational and strategic support to the organization and its Board of Directors.

Byline Bancorp, Inc. (NYSE: BY) announced today that it will issue its fourth quarter 2024 financial results after market close on Thursday, January 23, 2025.

Byline Bancorp, Inc. (“Byline” or the “Company”) (NYSE: BY), announced today that its Board of Directors has approved a new stock repurchase program that authorizes the Company to repurchase up to 1.25 million shares of the Company’s outstanding common stock. The shares authorized to be repurchased represent approximately 2.8% of the Company’s currently outstanding common stock. The new program will be effective January 1, 2025 and be in effect until December 31, 2025.

Byline Bancorp, Inc. (NYSE: BY), today reported:

Byline Bancorp, Inc. (NYSE: BY) announced today that it will issue its third quarter 2024 financial results after market close on Thursday, October 24, 2024.

Byline Bancorp, Inc. (“Byline”) (NYSE: BY), and First Security Bancorp, Inc. (“First Security Bancorp”) today jointly announced that they have entered into a definitive merger agreement pursuant to which First Security Bancorp and its wholly owned subsidiary, First Security Trust and Savings Bank (“First Security”), will combine with Byline Bancorp, Inc. in a cash and stock transaction valued at approximately $41.0 million based upon Byline’s closing stock price as of September 27, 2024.

Byline Bancorp, Inc. (NYSE: BY), today reported:

Byline Bancorp, Inc. (NYSE: BY) announced today that it will issue its second quarter 2024 financial results after market close on Thursday, July 25, 2024.

Byline Bancorp, Inc. (NYSE: BY), today reported:

Byline Bancorp, Inc. (NYSE: BY) announced today that it will issue its first quarter 2024 financial results after market close on Thursday, April 25, 2024.

Byline Bancorp, Inc. (NYSE: BY), today reported:

Byline Bancorp, Inc. (NYSE: BY) announced today that it will issue its fourth quarter 2023 financial results after market close on Thursday, January 25, 2024.

Byline Bancorp, Inc. (“Byline” or the “Company”) (NYSE: BY), announced today that its Board of Directors has approved a new stock repurchase program that authorizes the Company to repurchase up to 1.25 million shares of the Company’s outstanding common stock. The shares authorized to be repurchased represent approximately 2.9% of the Company’s currently outstanding common stock. The new program will be effective January 1, 2024 and be in effect until December 31, 2024.

Byline Bancorp, Inc. (NYSE: BY) announced today that on October 24, 2023 its Board of Directors declared a cash dividend on its common stock of $0.09 per share for the quarter. The dividend is payable on November 21, 2023 to all stockholders of record as of the close of business on November 7, 2023.

Byline Bancorp, Inc. (NYSE: BY), today reported:

Byline Bancorp, Inc. (NYSE: BY) announced today that it will issue its third quarter 2023 financial results after market close on Thursday, October 26, 2023.

Byline Bancorp, Inc. (NYSE: BY) announced today the appointment of Carlos Ruiz Sacristán to the Boards of Directors of both Byline Bancorp and its subsidiary, Byline Bank, effective immediately. Mr. Ruiz Sacristán has decades of leadership, executive, and operating experience in the mining, energy, and government sectors.

Byline Bancorp, Inc. ("Byline", the “Company”, "we", "our", or "us") (NYSE: BY), the parent company of Byline Bank (the “Bank”), today reported net income of $26.1 million, or $0.70 per diluted share, for the second quarter of 2023 compared with net income of $23.9 million, or $0.64 per diluted share, for the first quarter of 2023, and net income of $21.8 million2, or $0.58 per diluted share, for the second quarter 2022.

Byline Bancorp, Inc. (NYSE: BY) announced today that it will issue its second quarter 2023 financial results after market close on Thursday, July 27, 2023.

Byline Bancorp, Inc. (“Byline”) (NYSE: BY), the parent company of Byline Bank, announced today that it has completed its merger with Inland Bancorp, Inc. (“Inland Bancorp”) and its wholly owned bank subsidiary, Inland Bank and Trust. As a result of the transaction, effective July 1, 2023, Inland Bank and Trust merged with and into Byline Bank. The transaction brings Byline’s total assets to approximately $8.7 billion, based on information as of March 31, 2023.

Byline Bancorp, Inc. ("Byline", the “Company”, "we", "our", or "us") (NYSE: BY), the parent company of Byline Bank (the “Bank”), today reported net income of $23.9 million, or $0.64 per diluted share, for the first quarter of 2023 compared with net income of $24.4 million, or $0.65 per diluted share, for the fourth quarter of 2022, and net income of $21.4 million2, or $0.56 per diluted share, for the first quarter 2022.

Byline Bancorp, Inc. (“Byline”) (NYSE: BY) today announced the release of its inaugural ESG Report, which details the company's environmental, social and governance activities, progress and performance through 2022.

Byline Bancorp, Inc. (NYSE: BY) announced today that it will issue its first quarter 2023 financial results after market close on Thursday, April 27, 2023.

Byline Bancorp, Inc. ("Byline", the “Company”, "we", "our", or "us") (NYSE: BY), the parent company of Byline Bank (the “Bank”), today reported net income of $24.4 million, or $0.65 per diluted share, for the fourth quarter of 2022 compared with net income of $20.4 million, or $0.55 per diluted share, for the third quarter of 2022, and net income of $17.2 million, or $0.45 per diluted share, for the fourth quarter 2021.

Byline Bancorp, Inc. (NYSE: BY) announced today that it will issue its fourth quarter 2022 financial results after market close on Thursday, January 26, 2023.

Byline Bancorp, Inc. (“Byline” or the “Company”) (NYSE: BY), announced today that its Board of Directors has approved a new stock repurchase program that authorizes the Company to repurchase up to 1.25 million shares of the Company’s outstanding common stock. The shares authorized to be repurchased represent approximately 3.3% of the Company’s currently outstanding common stock. The new program will be effective January 1, 2023 and be in effect until December 31, 2023. Under its existing stock repurchase program expiring on December 31, 2022, Byline has purchased 2,139,262 shares of the 2.5 million total shares authorized for repurchase.

Byline Bancorp, Inc. (“Byline” or the “Company”) (NYSE: BY), and Inland Bancorp, Inc. (“Inland Bancorp”) today jointly announced that they have entered into a definitive merger agreement pursuant to which Inland Bancorp and its wholly owned subsidiary, Inland Bank and Trust, will combine with Byline Bancorp, Inc. in a cash and stock transaction valued at approximately $165 million based upon Byline’s closing stock price as of November 29, 2022.

Byline Bancorp, Inc. ("Byline", the “Company”, "we", "our", or "us")(NYSE: BY), the parent company of Byline Bank (the “Bank”), today reported net income of $22.7 million, or $0.61 per diluted share, for the third quarter of 2022 compared with net income of $20.3 million, or $0.54 per diluted share, for the second quarter of 2022, and net income of $25.3 million, or $0.66 per diluted share, for the third quarter 2021.

Byline Bancorp, Inc. (NYSE: BY) announced today that it will issue its third quarter 2022 financial results after market close on Thursday, October 27, 2022.

Byline Bancorp, Inc. (“Byline” or the “Company”) (NYSE: BY), the parent company of Byline Bank (“Byline Bank”), announced today that Thomas J. Bell, III, currently Senior Vice President, Treasurer, and a member of Byline’s executive leadership team, will succeed Lindsay Corby as Chief Financial Officer, effective August 15, 2022. Ms. Corby, an executive officer of Byline and Byline Bank since its recapitalization in 2013, is leaving the company to pursue an opportunity at a financial services company outside of the banking industry. She will continue with the Company to support the transition of her duties until her departure in early September.

Byline Bancorp, Inc. ("Byline", the “Company”, "we", "our", or "us")(NYSE: BY), the parent company of Byline Bank (the “Bank”), today reported net income of $20.3 million, or $0.54 per diluted share, for the second quarter of 2022, compared with net income of $22.3 million, or $0.58 per diluted share, for the first quarter of 2022, and net income of $28.5 million, or $0.73 per diluted share, for the second quarter 2021.

Byline Bancorp, Inc. (NYSE: BY) announced today that it will issue its second quarter 2022 financial results after market close on Thursday, July 28, 2022.

Byline Bancorp, Inc. ("Byline", the “Company”, "we", "our", or "us")(NYSE: BY), the parent company of Byline Bank (the “Bank”), today reported net income of $22.3 million, or $0.58 per diluted share, for the first quarter of 2022, compared with net income of $17.2 million, or $0.45 per diluted share, for the fourth quarter of 2021, and net income of $21.8 million, or $0.56 per diluted share, for the first quarter 2021.

Byline Bancorp, Inc. (NYSE: BY) announced today the appointment of Margarita Hugues Vélez to the Boards of Directors of both Byline Bancorp and its subsidiary, Byline Bank, effective immediately. Ms. Hugues Vélez brings several years of experience as a director of international private and public companies. The Company also announced the retirement of Steven M. Rull, who has served on the Board since 2016, effective as of the Company’s Annual Meeting in June.

Byline Bancorp, Inc. (NYSE: BY) announced today that it will issue its first quarter 2022 financial results after market close on Thursday, April 28, 2022.

Byline Bancorp, Inc. ("Byline", the “Company”, "we", "our", or "us")(NYSE: BY), the parent company of Byline Bank (the “Bank”), today reported net income of $17.2 million, or $0.45 per diluted share, for the fourth quarter of 2021, compared with net income of $25.3 million, or $0.66 per diluted share, for the third quarter of 2021, and net income of $12.3 million, or $0.31 per diluted share, for the fourth quarter 2020. Adjusted net income1 was $26.3 million, or $0.69 per adjusted diluted share, for the fourth quarter of 2021, compared with $26.4 million, or $0.69 per adjusted diluted share1, for the third quarter of 2021, and $15.2 million, or $0.38 per adjusted diluted share, for the fourth quarter of 2020.

Byline Bancorp, Inc. (NYSE: BY) announced today that it will issue its fourth quarter 2021 financial results after market close on Thursday, January 27, 2022.

Byline Bancorp, Inc. (NYSE: BY) (the “Company” or “Byline”), the parent company of Byline Bank (the “Bank”), today announced plans to continue to optimize its branch network, dispose of a portfolio of owned real estate properties and reduce the amount of office square footage it occupies as part of its efforts to adapt to changes in customer behavior and improve operating efficiencies. Byline Bank plans to consolidate six of its 44 full-service branches during the second quarter of 2022. The Bank will continue to service all of its current markets and customers will continue to be served by other branches within its network and its full suite of digital banking channels. The Company also plans to dispose of a real estate portfolio that includes former branch locations and other properties and reduce the amount of office square footage it occupies to accommodate current trends in remote working preferences. The impact of the branch consolidations and the strategic real estate reduction is expected to result in a total charge of approximately $15.0 million that will be incurred during the fourth quarter of 2021 and the first half of 2022 and generate approximately $5.3 million in annualized cost savings.

Byline Bancorp, Inc. ("Byline", the “Company”, "we", "our", or "us")(NYSE: BY), the parent company of Byline Bank (the “Bank”), today reported net income of $25.3 million, or $0.66 per diluted share, for the third quarter of 2021, compared with net income of $28.5 million, or $0.73 per diluted share, for the second quarter of 2021 and net income of $13.1 million, or $0.34 per diluted share for the third quarter 2020. Adjusted net income1 was $26.4 million, or $0.69 per adjusted diluted share, for the third quarter of 2021, compared with $29.9 million, or $0.77 per adjusted diluted share1, for the second quarter of 2021 and $13.1 million, or $0.34 per adjusted diluted share for the third quarter of 2020.

Byline Bancorp, Inc. (NYSE: BY) announced today that it will issue its third quarter 2021 financial results after market close on Thursday, October 28, 2021.

Byline Bancorp, Inc. ("Byline", the “Company”, "we", "our", or "us")(NYSE: BY), the parent company of Byline Bank (the “Bank”), today reported net income of $28.5 million, or $0.73 per diluted share, for the second quarter of 2021, compared with net income of $21.8 million, or $0.56 per diluted share, for the first quarter of 2021 and net income of $9.1 million, or $0.24 per diluted share for the second quarter 2020. Adjusted net income1 was $29.9 million, or $0.77 per adjusted diluted share, for the second quarter of 2021, compared with $22.2 million, or $0.57 per adjusted diluted share1, for the first quarter of 2021 and $9.1 million, or $0.24 per adjusted diluted share for the second quarter of 2020.

Byline Bancorp, Inc. (NYSE: BY) announced today that it will issue its second quarter 2021 financial results after market close on Thursday, July 29, 2021.

Byline Bancorp, Inc. (the “Company” or “Byline”) (NYSE: BY), the parent company of Byline Bank (the “Bank”), today reported net income of $21.8 million, or $0.56 per diluted share, for the first quarter of 2021, compared with net income of $12.3 million, or $0.31 per diluted share, for the fourth quarter of 2020 and net income of $3.0 million, or $0.07 per diluted share for the first quarter 2020. Adjusted net income1 was $22.2 million, or $0.57 per adjusted diluted share, for the first quarter of 2021, compared with $15.2 million, or $0.38 per adjusted diluted share1, for the fourth quarter of 2020 and $3.5 million, or $0.09 per adjusted diluted share for the first quarter of 2020.

Byline Bancorp, Inc. (NYSE: BY) announced today that it will issue its first quarter 2021 financial results after market close on Thursday, April 29, 2021.