Byline Bancorp, Inc. (BY)

In the past six months, Byline Bancorp's stock price has increased. The company reported strong third-quarter 2025 financial results, surpassing analyst expectations for both EPS and revenue, leading to an increase in the stock price. Keefe, Bruyette & Woods raised its price target on Byline Bancorp in October 2025, citing stronger pre-provision net revenue and improved fee income. The company demonstrated robust loan and deposit growth in Q3 2025. In September 2025, an insider sold shares of the firm's stock. Byline Bancorp completed a subordinated notes offering, which was subsequently fully redeemed on October 1, 2025.

The banking industry, including Byline Bancorp, experiences demand seasonality for its products and services. Demand for bank loans tends to increase from March, peaking in August or September, and then decreases until bottoming out in December. Byline Bancorp has noted "deposit shift and seasonality" impacting non-interest-bearing demand accounts, with increases in Q3 2025 attributed to seasonality. Certain banking products, like IRAs, show seasonal sales peaks in March, April, November, and December.

Byline Bancorp, Inc. is a bank holding company that operates primarily through its subsidiary, Byline Bank, a full-service commercial bank established in 1978 and headquartered in Chicago, Illinois. The company operates within the Financial Services sector, specifically in the Banks industry, and offers a comprehensive range of financial products and services to small and medium-sized businesses, commercial real estate, financial sponsors, and consumers. Its major products and services include commercial banking, SBA lending, retail banking, wealth management, and equipment leasing.

Byline Bancorp's geographic footprint is concentrated in the Midwest region of the United States. The company is headquartered in Chicago, Illinois, and operates 45 branch locations throughout the Chicago and Milwaukee metropolitan areas. As of December 2019, it operated 57 branches, with 56 in the Chicago metropolitan area. The acquisition of Inland Bank and Trust in July 2023 further expanded its presence in suburban Chicago communities.

Byline Bancorp's brand reputation in the past year appears to be positive, driven by strong financial performance and strategic initiatives. The company's robust third-quarter earnings have contributed to renewed investor confidence. Byline's continued investment in digital banking upgrades is seen as a positive step to attract and retain tech-savvy customers. The successful acquisition integration of First Security has expanded Byline Bancorp's lending and deposit base and improved operational efficiency. The company launched a new commercial payments business, which is expected to be a key growth area for 2026 and beyond.

Byline Bancorp is owned by a mix of institutional shareholders and insiders. Major institutional owners include BlackRock, Inc., Dimensional Fund Advisors Lp, and Vanguard Group Inc. The largest individual shareholder is Valle Perochena Antonio Del.