Byline Bancorp reports record Q3 2026 earnings of $41.8 million
The bank announces a dividend increase and an acquisition of Illinois State Bancorp while maintaining strong capital ratios.
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Chicago-based bank offering personal, business, commercial, and wealth management services
bylinebank.comLast updated
In short: Byline reported record Q3 2026 earnings and announced a merger to acquire Illinois State Bancorp.
The bank announces a dividend increase and an acquisition of Illinois State Bancorp while maintaining strong capital ratios.
The $87.9 million cash and stock transaction strengthens Byline's Chicago market presence and is expected to close in Q1 2027.
The company will release results after market close on October 22, 2026, and host a conference call the following day.
Net income reached $40.2 million, diluted EPS $0.90, and the Board raised the dividend 16.7% to $0.14 per share.
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CHICAGO (AP) — CHICAGO (AP) — Byline Bancorp Inc. (BY) on Thursday reported third-quarter net income of $41.8 million.
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