Byline Bancorp, Inc. Reports Third Quarter 2026 Financial Results
Business Wire•22/10/2026•16:10 ET
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Key Highlights
- ➤Record revenue $121.0M, up 2.8% quarter-over-quarter and 4.6% year-over-year
- ➤EPS $0.94, up 4.4% quarter-over-quarter and 14.6% year-over-year
- ➤Net interest income $103.7M, up 2.8%, as NIM expanded five basis points
- ➤Deposits grew $168.3M, or 8.5% annualized, to $8.0B
- ➤Illinois State Bancorp acquisition expands Byline’s market presence and core deposit base
Expert Statements
Roberto R. Herencia, Executive Chairman and CEO of Byline Bancorp
“We delivered record earnings and returned more than $20 million of capital to stockholders through share repurchases and a 16.7% increase in our common dividend to $0.14 per share during the third quarter. We also continued to advance our strategic priorities with the recently announced acquisition of Illinois State Bancorp, Inc., parent of First Nations Bank and The Bank of Bourbonnais. The transaction expands our market presence, strengthens our core deposit base, and adds talented bankers and long-standing customer relationships.”
Alberto J. Paracchini, President of Byline Bancorp
“The third quarter produced record net interest income of $103.7 million and expanded our net interest margin by five basis points to 4.33% in a quarter when funding costs rose across the industry. Pre-tax, pre-provision return on average assets was 2.45%. Deposits grew at an 8.5% annualized rate while our cost of deposits rose three basis points. We believe our strong capital position provides the flexibility to support growth, capitalize on market opportunities, and create long-term value as we pursue our vision of becoming the preeminent commercial bank in Chicago.”
Byline Bancorp, Inc. Reports Third Quarter 2026 Financial Results
Net income of $41.8 million, $0.94 diluted earnings per share
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