Byline Bancorp
Runs Byline Bank for commercial lending, deposits, SBA lending, leasing, and wealth services.
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Profile
Operates a full-service commercial bank serving small and midsize businesses, financial sponsors, real estate borrowers, and consumers around Chicago and Milwaukee. Business is shaped by lending, deposits, SBA-guaranteed loans, leasing, wealth management, one reportable segment, and a local-market funding base.
Operates through Byline Bank, an Illinois-chartered commercial bank with trust powers. The platform combines commercial and industrial lending, commercial real estate lending, deposits, SBA-guaranteed lending, small-ticket equipment leasing, consumer banking, and wealth-management services.
The footprint is concentrated in Chicagoland and greater Milwaukee, with deposits primarily gathered from Chicago-area customers. Its operating model blends neighborhood branches with business banking, equipment finance, and government-guaranteed lending for small and midsize companies.
Execution depends on local-market deposit relationships, commercial real estate asset quality, SBA program rules, and bank supervision at the holding-company and bank levels. In-market acquisitions and branch consolidation have been recurring tools since the post-recapitalization rebuild.
Company facts
Categories
Key statistics
Year to date +32.0% · Average volume (30d) 249.4K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Rating | Prior target | Target |
|---|---|---|---|---|---|
| Jul 28, 2026 | Piper Sandler | Reiterate | Overweight | $40 | $46 |
| Jul 27, 2026 | Stephens | Target | $29 | $40 | |
| Apr 27, 2026 | Piper Sandler | Reiterate | Overweight | $37 | $40 |
| Jan 27, 2026 | Piper Sandler | Target | $35 | $37 | |
| Oct 28, 2025 | Piper Sandler | Reiterate | Overweight | $35 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 23, 2026Q2 FY26 | $0.79 | $0.91 | +15.5% | $115.8M | $117.7M | +1.7% | +2.55% |
| Apr 23, 2026Q1 FY26 | $0.74 | $0.83 | +12.2% | $114.1M | $112.4M | −1.5% | −0.09% |
| Jan 22, 2026Q4 FY25 | $0.72 | $0.76 | +5.6% | $112.3M | $117.0M | +4.2% | −2.40% |
| Jul 24, 2025Q2 FY25 | $0.67 | $0.75 | +12.4% | $110.0M | $109.6M | −0.4% | +0.18% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $148.8M | $158.1M | $162.6M | $160.0M | $153.4M | $160.1M | |
| Gross profit | $93.0M | $97.6M | $108.5M | $117.0M | $106.1M | $109.4M | |
| Operating income | $37.5M | $38.9M | $49.9M | $56.6M | $49.7M | $54.1M | |
| Net income | $28.2M | $30.1M | $37.2M | $34.5M | $37.6M | $40.2M | |
| Diluted EPS | $0.64 | $0.67 | $0.82 | $0.76 | $0.83 | $0.88 | |
| Gross margin | 62.5% | 61.7% | 66.8% | 73.2% | 69.1% | 68.4% | |
| Operating margin | 25.2% | 24.6% | 30.7% | 35.4% | 32.4% | 33.8% |
Fiscal years (4-quarter sums)FY21 $316.1M · FY22 $356.5M · FY23 $532.5M · FY24 $621.4M · FY25 $629.5M
Revenue by product · Q2 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $1.69B · Total debt $606.2M · Total assets $9.93B · Shareholders' equity $1.30B
Dividends
Raised for 5 straight years — most recently to $0.14 from $0.12 in Aug 2026. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Aug 4, 2026 | Aug 4 | Aug 18 | $0.14 | raised from $0.12 |
| May 5, 2026 | May 5 | May 19 | $0.12 | |
| Feb 3, 2026 | Feb 3 | Feb 17 | $0.12 | raised from $0.10 |
| Nov 4, 2025 | Nov 4 | Nov 18 | $0.10 | |
| Aug 5, 2025 | Aug 5 | Aug 19 | $0.10 | |
| May 6, 2025 | May 6 | May 20 | $0.10 | |
| Feb 4, 2025 | Feb 4 | Feb 18 | $0.10 | raised from $0.09 |
| Nov 5, 2024 | Nov 5 | Nov 19 | $0.09 |
Ownership
Shares outstanding 45.41M · Float 32.19M · 70.9% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Perochena Antonio del Valle · director, 10 percent owner: | 11.58M | 25.49% | Form 4 | Aug 11, 2026 |
| MBG Investors I, L.P. · 10 percent owner | 11.54M | 25.40% | Form 4 | Aug 11, 2026 |
| BlackRock, Inc. | 3.51M | 7.73% | 13F | Aug 7, 2026 |
| Dimensional Fund Advisors LP | 2.42M | 5.34% | 13F | Aug 11, 2026 |
| T. Rowe Price Investment Management, Inc. | 1.50M | 3.29% | 13F | Aug 14, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 19, 2026 | Mary Jo S. Herseth | director | +300 | $38.40 |
| Aug 19, 2026 | William G. Kistner | director | +100 | $38.30 |
| Aug 13, 2026 | Roberto R. Herencia | director, officer: CHIEF EXECUTIVE OFFICER | −19,750 | $39.21 |
| Aug 12, 2026 | Dana Rose | officer: CHIEF HUMAN RESOURCES OFFICER | −2,421 | $39.00 |
| Aug 7, 2026 | Investors I. L.p. Mbg | 10 percent owner | −300,000 | $39.10 |
Peers
- Wintrust Financial
Chicago-area commercial banking, specialty finance, and wealth rival
- Old Second Bancorp
Northern Illinois community banking and wealth peer
- Old National Bancorp
Midwest regional bank with Chicago commercial and wealth overlap
- Associated Banc-Corp
Wisconsin-Illinois regional bank competing in deposits and CRE
- First Busey
Illinois-centered commercial bank with suburban Chicago overlap
- Huntington Bancshares
Large Midwest regional bank overlapping in small business and SBA
- Fifth Third
Super-regional bank competing for middle-market and treasury clients
- Live Oak Bancshares
National SBA small-business lender competing beyond branch markets
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Byline Bancorp | $38.30 | −0.10% | $1.74B | 11.6 | 11.6 | 2.7 | +7.4% |
| Wintrust Financial | $161.72 | +5.73% | $10.32B | 12.1 | 11.6 | 2.4 | +10.1% |
| Old Second Bancorp | $25.24 | −0.04% | $1.30B | 14.5 | 10.8 | 3.0 | +31.2% |
| Old National Bancorp | $25.85 | +0.02% | $9.89B | 11.4 | 9.5 | 2.5 | +12.3% |
| Associated Banc-Corp | $30.92 | −0.00% | $5.84B | 10.8 | 9.9 | 2.3 | +29.1% |
| First Busey | $30.29 | 0.00% | $2.56B | 10.9 | 11.4 | 2.7 | −1.9% |
| Huntington Bancshares | $16.95 | +0.18% | $34.19B | 12.6 | 9.8 | 2.4 | +47.4% |
| Fifth Third | $54.60 | +0.14% | $49.43B | 18.6 | 11.9 | 3.3 | +45.2% |
| Live Oak Bancshares | $40.13 | −0.04% | $1.86B | 14.1 | 11.1 | 1.7 | +10.0% |
| Median | 12.4 | 10.9 | 2.4 | +20.7% |