Byline Bancorp (NYSE:BY) is the bank holding company for Byline Bank, a full-service commercial bank headquartered in Chicago, Illinois. Through its subsidiary, the company provides a broad range of banking and financial products to business and consumer customers. Its portfolio includes commercial and industrial lending, commercial real estate financing, small-business lending, treasury management services, and deposit products such as checking, savings, and money market accounts. Byline Bank also offers residential and consumer mortgage origination alongside online and mobile banking solutions.
Founded in 1978 as Metropolitan Bank and later expanded through a series of mergers and acquisitions, Byline Bancorp has steadily grown its presence in the Midwest. In 2015, following the merger of Metropolitan Bank, Byline Financial Group, and Midwest Bank & Trust, the combined entity adopted the Byline Bank brand. The company went public in August 2017, listing its shares on the New York Stock Exchange under the ticker BY. Over the years, strategic acquisitions have extended its footprint beyond the Chicago metropolitan area into suburban and downstate Illinois, southeastern Wisconsin and, more recently, select markets in Florida.
Byline Bancorp emphasizes community banking with a focus on relationship-driven service, catering to middle-market businesses, real estate owners, and retail customers. The commercial banking team works closely with corporate clients to structure financing solutions tailored to working capital needs, capital expenditures, and expansion projects. Its treasury management division provides payment processing, automated clearing house (ACH) services, and fraud prevention tools, while the consumer lending group supports home purchases and refinancing through mortgage offerings.
Under the leadership of President and Chief Executive Officer Jeffrey T. Stanley, Byline Bancorp continues to pursue disciplined growth and enhanced customer service. The senior management team combines deep regional banking experience with a commitment to technology investments and digital platform enhancements. Byline’s board and executive officers prioritize prudent risk management, community engagement, and sustainable profitability as they guide the company’s ongoing expansion across its key Midwestern and select Southeast U.S. markets.
