Byline Bank

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%.

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

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)

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices15 records

Markets served

GTM type

B2C

Offering type

Services

Revenue model

1. 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.
2. Non-Interest Income - Treasury Management: Fees from commercial treasury management services including fraud management, ACH processing, merchant services, and payment/disbursement services
3. Commercial Banking Fees: Asset-based lending fees, equipment financing origination fees, premium finance fees, and commercial loan-related charges
4. Consumer Banking Fees: Checking account fees, ATM fees, wire transfer fees, and other retail banking service charges
5. Commercial Payments/Fintech: Revenue from payment processing, fintech sponsorship banking, and embedded finance solutions for commercial clients

Pricing tiers

Go-to-market motion3 records

Distribution channels8 records

Marketing channels7 records

Core 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

Named customers8 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature5 records

Partnerships

Four partnerships are on record, tiered flagship and core.

• Chicago BlackhawksflagshipGTM or Marketing Partner · 1 January 2025Byline 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 ServicescoreStrategic or Co-development Partner · 1 January 2019Since 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 NetworkcoreStrategic or Co-development PartnerByline 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)coreTechnology or IntegrationByline 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

Market position

Strengths5 records

Weaknesses2 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/WeAreBylineBank
• LinkedInlinkedin.com/company/byline-bank
• Instagraminstagram.com/byline_bank
• Xx.com/bylinebank

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 records

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A5 records

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Byline Bank