Byline Bancorp stock: record Q3 revenue, higher dividend

Published on 11/05/2026 at 02:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Byline Bancorp stock is in focus after record third-quarter revenue and earnings. The bank also raised its dividend and bought back shares.

Third-Quarter Results Set the Tone

Byline Bancorp reported record third-quarter revenue and higher diluted earnings per share.
Deposit growth supported lower wholesale funding, while non-performing assets increased.
The bank raised its dividend and continued returning capital through share repurchases.

BY, US1244111092, Illustration mit AI erstellt.

Byline Bancorp reported record third-quarter revenue and net income on Thursday, October 22, 2026, as net interest income and deposits increased from the second quarter. The results were published by Morningstar through Business Wire.

Record Revenue, Higher Earnings

Revenue reached 121.0 million US dollars in the third quarter ended September 30, up from 117.7 million US dollars in the second quarter and 115.7 million US dollars a year earlier. Net income rose to 41.8 million US dollars from 40.2 million US dollars in the prior quarter and 37.2 million US dollars a year earlier.

Diluted earnings per share rose to 0.94 US dollars from 0.90 US dollars in the second quarter and 0.82 US dollars in the third quarter of 2025. Net interest income increased 2.8 percent quarter over quarter to 103.7 million US dollars, while the net interest margin widened five basis points to 4.33 percent.

Deposits Support Funding Mix

Total deposits grew by 168.3 million US dollars, or 2.1 percent, to 8.0 billion US dollars at September 30. Byline reduced wholesale funding by 268.7 million US dollars and lowered its loan-to-deposit ratio to 93.22 percent.

Credit trends remain a factor for investors. Non-performing assets rose 21.6 percent from June 30 to 87.9 million US dollars, equal to 0.89 percent of total assets. Net charge-offs increased to 5.8 million US dollars from 4.4 million US dollars in the second quarter, while the provision for credit losses declined 5.8 percent to 6.7 million US dollars.

Capital Returns and Banking Model

Byline declared a cash dividend of 0.14 US dollars per common share on October 6, payable November 17 to shareholders of record on November 3. The company also repurchased 521,980 shares during the quarter, returning more than 20 million US dollars through buybacks and the dividend increase.

Byline Bancorp is headquartered in Chicago and operates Byline Bank, a full-service commercial bank serving small and medium-sized businesses, financial sponsors and consumers. Its services include lending, deposits, treasury solutions, small-ticket equipment leasing and Small Business Administration lending. The bank operates across the Chicago and Milwaukee metropolitan areas and describes itself as the largest community bank in the Chicago market.