Byline Bancorp Reports Increased Net Income and Strategic Growth in 2025
Byline Bancorp, Inc., a Chicago-based bank holding company, reported a net income of $130.1 million for the year ended December 31, 2025, compared to $120.8 million for the previous year, representing an increase of 7.7%. This growth was primarily driven by a $37.3 million increase in net interest income, resulting from growth in the loan and lease portfolio and lower rates paid on deposits, and a $2.1 million increase in non-interest income. The company's earnings per basic share were $2.90, and per diluted share were $2.89. The company's return on average assets was 1.36%, and return on average stockholders’ equity was 10.86%.
The company's total assets reached $9.7 billion as of December 31, 2025, a 1.6% increase from $9.5 billion the previous year. Total deposits increased by 2.5% to $7.6 billion, while total gross loans and leases outstanding grew to $7.5 billion. The company's strategic focus on organic growth and acquisitions has contributed to the expansion of its deposit base and loan portfolio. Total borrowings and other liabilities decreased by 22.1% to $737.3 million.
A key strategic development for Byline in 2025 was the acquisition of First Security Bancorp, Inc., completed on April 1, 2025. This acquisition expanded Byline's market presence and added to its asset base. The company also continued to focus on organic growth, enhancing its product and lending capabilities by adding experienced lending teams. As of December 31, 2025, commercial deposits accounted for 43.0% of total deposits and were 85.1% of non-interest bearing deposits. The company's branch network consisted of 44 locations in the Chicago metropolitan area and one in Wauwatosa, Wisconsin.
Byline Bank was the tenth most active originator of SBA 7(a) loans in the country and the most active SBA 7(a) lender in Illinois, as reported by the SBA for its fiscal year ended September 30, 2025. Total loans and leases included $533.0 million in SBA and USDA loans, of which $97.8 million are guaranteed by the U.S. government. The total unpaid principal balances of SBA and USDA loans serviced for others was $1.6 billion at December 31, 2025. The company's strategic plan includes exploring potential opportunities for expansion in its primary and adjacent market areas through organic growth and the acquisition of financial institutions, branches, and non-banking organizations.
Looking ahead, Byline Bancorp plans to continue leveraging its management team, market opportunity, diversified lending approach, and track record of integrating acquisitions to drive future growth. The company believes its understanding of customers, community ties, market position, and employees will allow it to provide customized service and a diverse range of products. The company's Board of Directors approved a new stock repurchase program authorizing the purchase of up to an aggregate of 2,250,000 shares of its outstanding common stock, effective from January 1, 2026, until December 31, 2026.
About BYLINE BANCORP, INC.
Byline Bancorp, Inc. is a Chicago-based bank holding company operating through its subsidiary, Byline Bank, a full-service commercial bank. It offers a broad range of banking products and services including commercial and industrial loans, commercial real estate financing, sponsor finance, SBA and USDA government-guaranteed loans, small ticket equipment leasing, and trust and wealth management. Serving primarily small to medium businesses and consumers in the Chicago area, Byline emphasizes local relationships, diversified lending, and tailored financial solutions.
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