Byline Bank - M&A Summary and Business Overview

Financial ServicesCompany

Byline Bank M&A Summary

Byline Bank has acquired 3 companies, including 1 in the last 5 years.

Byline Bank’s largest acquisition to date was in 2017, when it acquired First Evanston Bancorp. for $169M. Byline Bank has acquired in 2 different US states. The Company’s most targeted sectors include financial services (67%) and automotive (34%).

Byline Bank Business Overview

Where is Byline Bank headquartered?

Byline Bank is headquartered in Chicago, Illinois.

What is Byline Bank’s revenue?

Byline Bank disclosed revenue of 384M USD for 2023 and 320M USD for 2022.

How many employees does Byline Bank have?

Byline Bank has 1,064 employees.

What sector is Byline Bank in?

Byline Bank is a financial services company.

When was Byline Bank founded?

Byline Bank was founded in 1914.

M&A Summary

  • M&A Total Activity3
    • M&A Buy Activity3
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 2
  • M&A Advisors 2

Byline Bank

Byline Bancorp, Inc.

180 North LaSalle Street, Suite 300,
Chicago, Illinois 60601
United States,
(773) 244-7000
www.bylinebancorp.com

Byline Bank is a full-service commercial bank serving small- and medium-sized businesses, financial sponsors, and consumers. Byline Bank has approximately $3.3 billion in assets and operates more than 50 full service branch locations throughout the Chicago and Milwaukee metropolitan areas. Byline Bank offers a broad range of commercial and retail banking products and services including small ticket equipment leasing solutions and is one of the top 10 Small Business Administration lenders in the United States. Byline Bank was founded in 1914 and is based in Chicago, Illinois.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 2 - 1 - - - 3
vol $211M $211M
Sell (0.0/yr) # - - - - - - 0
  3

Most Recent M&A

Company Date Value Type
Air Flow Research 2021-07-22 - Growth Capital
Valencia, California · www.airflowresearch.com
Oak Park River Forest Bankshares, Inc. 2018-10-17 42M USD Add-on Acquisition
Oak Park, Illinois
First Evanston Bancorp., Inc. 2017-11-27 169M USD Add-on Acquisition
Evanston, Illinois · www.firstbt.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Financial Services 2 (67%) 211M (100%) - -
Automotive 1 (33%) - - -
Total 3 $211M - -

By Geo

State/Country Buy Value Sell Value
United States 3 211M - -
  Illinois 2 211M - -
  California 1 - - -
Total 3 $211M - -

Top M&A Advisors

Financial Deals
Keefe, Bruyette, & Woods, Inc.
 1
Legal Deals
Vedder Price P.C.
 1

Deal Values

buy # Total
$100M to $1B 1 $169M
< $100M 1 $42M
TOTAL $211M
Largest First Evanston Bancorp., Inc.
$169M (2017-11-27)

Company Summary

SECTOR

Financial Services

Revenue

384   20% 2023
320   6% 2022
304   14% 2021
269   3% 2020
263   18% 2019
224   32% 2018
170   51% 2017
113   2016
(millions of USD) Show More Show Less

Employees

1,064

Established

1914

Public

NYSE: BY

Former Name

Metropolitan Bank Group, Inc.

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Illinois Companies , Financial Services Companies , United States Companies , Illinois Financial Services Companies , Illinois Financial Services with Acquisitions , Illinois Financial Services with Divestitures

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