Byline Bank
Byline Bank is a Chicago-based publicly traded community and commercial bank (NYSE: BY) serving consumers, small businesses, mid-market companies, and enterprises across Chicago and Milwaukee through 45+ branches, with ~$9.4 billion in total assets and core specialties in SBA lending, commercial real estate, and treasury management.
- Company typePublic
- Founded1914
- HeadquartersChicago, United States
- Headcount1,001–5,000
- GTM typeB2C
- OfferingServices
What Byline Bank does
Byline Bank is a publicly traded community and commercial bank (NYSE: BY) headquartered in Chicago, Illinois, operating as the primary banking subsidiary of Byline Bancorp, Inc. Founded in 1914 and rebranded under the Byline name in 2015, the bank serves consumers, small businesses, mid-market companies, and larger commercial enterprises through four core divisions: Personal Banking, Business Banking (for businesses under $10 million revenue), Commercial Banking (for enterprises with $10M+ revenue), and Wealth Management. With approximately $9.4 billion in total assets approaching the $10 billion threshold in 2026, Byline operates 45+ branch locations across the Chicago and Milwaukee metropolitan areas.
The bank's product portfolio spans deposit products, consumer and commercial loans, SBA 7(a) and 504 lending (where it ranks #1 in Illinois for 16 consecutive years), commercial real estate financing, asset-based lending, life insurance premium finance, equipment financing (via Byline Financial Group), treasury and cash management, and embedded finance/fintech sponsorship banking launched in April 2025. Digital banking is delivered through iOS/Android mobile apps, online banking platforms, and a commercial digital banking portal with integrations including Zelle for peer-to-peer payments.
Revenue is generated primarily through net interest income from the loan portfolio (commercial real estate, commercial, SBA, and consumer loans), supplemented by non-interest income from treasury management fees, commercial banking transaction fees, consumer banking service charges, and emerging fintech sponsorship revenue. The bank grew through acquisitions including Inland Bancorp (completed July 2023, ~$129 million) and First Security Bancorp (announced September 2024, ~$41 million), and reported record full-year 2025 revenue of $446.3 million (up 9.7% YoY) with Q1 2026 net income of $37.6 million (8.9% YoY growth), ROA of 1.56%, ROTCE of 13.77%, and an efficiency ratio of 49.78%.
Byline Bank firmographics
Firmographics- Name
- Byline Bank
- Legal name
- Byline Bank
- Website
- https://bylinebank.com
- Company type
- Public
- Founded year
- 1914
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Byline Bank is a Chicago-based publicly traded community and commercial bank (NYSE: BY) serving consumers, small businesses, mid-market companies, and enterprises across Chicago and Milwaukee through 45+ branches, with ~$9.4 billion in total assets and core specialties in SBA lending, commercial real estate, and treasury management.
- Ownership category
- akta.pro rank
Byline Bank industry classification
Industry- NAICS
- Commercial Banking (522110), Depository Credit Intermediation (5221), Nondepository Credit Intermediation (5222), Sales Financing (522220), Credit Card Issuing (52221)
- SIC
- National Commercial Banks (6021)
- akta.pro primary industry
- Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)
- akta.pro secondary industries
- Retail Lending (Personal Loans, Auto, Credit Lines) (FSABAAAB), Credit Cards & Revolving Credit (FSABAAAC), A2A Reconciliation, Reporting & Treasury Ops (FSAMAFAJ)
Where Byline Bank is headquartered
LocationHeadquarters
- HQ city
- Chicago
- HQ country
- United States
- HQ region
- North America
Offices15 records
Markets served
Byline Bank business model
Business model- GTM type
- B2C
- Offering type
- Services
Revenue model
- Net Interest Income: Primary revenue driver from interest earned on loans (commercial real estate, commercial loans, SBA loans, consumer loans) minus interest paid on deposits. Represents the core spread income for the bank.
- Non-Interest Income - Treasury Management: Fees from commercial treasury management services including fraud management, ACH processing, merchant services, and payment/disbursement services
- Commercial Banking Fees: Asset-based lending fees, equipment financing origination fees, premium finance fees, and commercial loan-related charges
- Consumer Banking Fees: Checking account fees, ATM fees, wire transfer fees, and other retail banking service charges
- Commercial Payments/Fintech: Revenue from payment processing, fintech sponsorship banking, and embedded finance solutions for commercial clients
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | 8-Month Promotional CD - 4.05% APY |
| Subscription | Monthly | Advantage Money Market Account - 3.15% APY |
| Subscription | Monthly | Checking Accounts |
| One time/ perpetual license | Multi-year contract | SBA 7(a) Loans - $350,000 to $5 million |
| One time/ perpetual license | Multi-year contract | SBA 504 Loans - Starting at $400,000 |
| Transaction based/ take rate | Multi-year contract | Commercial Real Estate Loans |
| Usage-based | Pay-as-you-go | Asset-Based Lending - Credit facilities from $3 million+ |
Go-to-market motion3 records
Distribution channels8 records
Marketing channels7 records
Byline Bank product offering
Product offeringCore offering
No factual content about Byline Bank's offerings was supplied in the input.
Product overview
Byline Bank is a full-service community and commercial bank operating as a single unified banking platform with distinct business segments serving distinct market tiers. The product portfolio consists of four core banking divisions: Personal Banking (checking, savings, loans, credit cards for individuals), Business Banking (deposit products, loans, treasury services for businesses up to $10M revenue), Commercial Banking (customized financing and treasury management for enterprises over $10M revenue), and Wealth Management (financial planning, asset management, trust services). Supporting these core divisions are specialized sub-products including SBA 7(a) and 504 loans, Commercial Real Estate Financing, Asset Based Lending, Life Insurance Premium Finance, Equipment Financing (via Byline Financial Group), Payments and Fintech Banking (sponsor/embedded payments), Treasury and Cash Management, and Rapid Pay (loan payments). Digital banking services are delivered through mobile apps and online platforms, with Zelle® integration enabling real-time person-to-person payments. The bank operates approximately $9.4 billion in assets across 40+ branch locations in the Chicago and Milwaukee metro areas.
Differentiator
Problem solved
Functional benefit
Brands
- Byline Financial Group: Equipment financing division of Byline Bank, offering customized financing solutions for equipment acquisitions
- Commercial Real Estate Group
Quantifiable outcome
- Number 1 SBA 7(a) lender in Illinois for 16 consecutive years
- +7 more outcomes
Companies that use Byline Bank
Customer profileNamed customers8 records
Byline Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature5 records
Byline Bank partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered flagship and core.
- Chicago BlackhawksflagshipByline Bank is an official sponsor of the Chicago Blackhawks for the 2025-2026 NHL season, marking the team's 100th anniversary. The partnership reflects Byline's commitment to the Chicagoland community and provides brand visibility through hockey-related marketing and community events.
- MC Squared Energy ServicescoreSince 2019, Byline Bank has partnered with MC Squared Energy Services to develop the Green Sustainability Program. The partnership aims to support development of new renewable electricity generation and reduce greenhouse gas emissions. Together they've offset 100% of Byline's branch electricity consumption, retired over 24 million kWh of wind Renewable Energy Certificates, and eliminated more than 11,500 metric tons of carbon dioxide emissions.
- Community Organizations NetworkcoreByline Bank maintains partnerships with 60+ community organizations including nonprofits, financial literacy providers, housing advocates, and economic development entities. Partners include Access Living, ACTS Housing, After School Matters, Junior Achievement, NFTE, Score Chicago, and others focused on community development and financial inclusion in Chicago and Milwaukee areas.
- Early Warning Services (Zelle)coreByline Bank offers Zelle payment services through partnership with Early Warning Services, LLC, enabling fast money transfers between bank accounts. Zelle is integrated into Byline's mobile banking app for peer-to-peer payments and bill splitting.
Scale indicators33 records
Recent moves6 records
Expansion highlights6 records
Byline Bank competitors and assessment
Company assessmentMarket position
Strengths5 records
Weaknesses2 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Byline Bank social profiles
Digital presenceByline Bank compliance and trust
Trust signalCompliance7 records
Byline Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
Byline Bank leadership team
Management profileNumber of profiles
Byline Bank subsidiaries and ownership
Company hierarchySubsidiaries2 records
Byline Bank funding detail
Funding detailFunding overview
Funding rounds2 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Byline Bank M&A and investment
M&A and investmentM&A5 records
Investments2 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Byline Bank
What does Byline Bank do?
No factual content about Byline Bank's offerings was supplied in the input.
Is Byline Bank a public or private company?
Byline Bank is a public company. It is classified as unknown and is currently operating.
When was Byline Bank founded?
Byline Bank was founded in 1914. It employs 1,001 to 5,000 people.
Where is Byline Bank based?
Byline Bank is headquartered in Chicago, United States, in the North America region.
How does Byline Bank make money?
Five revenue lines are on record. Net Interest Income is the primary driver. The others are non-Interest Income - Treasury Management, commercial Banking Fees, consumer Banking Fees and commercial Payments/Fintech.
Does Byline Bank have an API?
No public API is recorded for Byline Bank.
What industry is Byline Bank in?
Its primary akta.pro industry code is FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings), with a secondary code of FSABAAAB, Retail Lending (Personal Loans, Auto, Credit Lines). Its NAICS code is 522110 and its SIC code is 6021.