Mission Statement, Vision, & Core Values of Byline Bancorp, Inc. (BY)

The Mission Statement, Vision, and Core Values of Byline Bancorp, Inc. are more than just aspirational words; they are the strategic blueprint that delivered a record-setting third quarter in 2025.

How does a Chicago-based commercial bank with over 40 branches and $9.8 billion in total assets translate its core philosophy into a tangible 15.11% return on average tangible common equity (ROTCE)? You need to know if their stated values-like Obsess about our customers and Know the numbers-are defintely driving that impressive 4.27% net interest margin (NIM), which hit $99.9 million last quarter. We'll show you the principles behind the performance.

Byline Bancorp, Inc. (BY) Overview

You want to know what's driving the performance at Byline Bancorp, Inc. (BY), and the short answer is consistent, high-quality commercial banking execution in a key US market. The company is a Chicago-based financial holding company that operates Byline Bank, a full-service commercial bank, and it just delivered its best quarter yet as a public company.

Founded in 1978, Byline Bancorp has been a community partner in the Chicagoland area for over a century, having been formerly known as North Community Bank. Today, it serves small- and medium-sized businesses, financial sponsors, and consumers across the Chicago and Milwaukee metropolitan areas, operating through 46 branch locations.

Its core business is providing a broad range of commercial and retail banking products. They are defintely a player in the small business space, consistently ranking as one of the top 5 Small Business Administration (SBA) lenders in the United States. For the twelve months ending September 30, 2025, the company's total revenue stood at approximately $400.66 million.

Here's the quick math on their core offerings:

• Commercial and Industrial loans make up 40% of the portfolio.
• Owner-occupied commercial real estate is another 20%.
• They offer specialized small ticket equipment leasing solutions.

Q3 2025 Financial Performance: Record-Breaking Momentum

The third quarter of 2025 (Q3 2025) was a record-setter for Byline Bancorp, demonstrating the power of their commercial banking strategy. The company reported its highest-ever revenue and earnings as a public entity, which is a strong signal of operational efficiency and market penetration.

Net income for Q3 2025 hit a company best of $37.2 million, translating to $0.82 in diluted earnings per share (EPS). This is a solid jump from the $30.1 million net income reported in the second quarter of 2025. Total revenue for the quarter was $115.7 million, exceeding expectations.

The primary driver of this strength is Net Interest Income (NII), which is the difference between the interest earned on assets (like loans) and the interest paid on liabilities (like deposits). NII for Q3 2025 was $99.9 million, an increase of 4.1% from the previous quarter, directly reflecting the growth in their loan and lease portfolio.

Also, fee-based income is rising, which is a key sign of a diversified revenue stream. Non-interest income was $15.9 million, a 9.5% increase from Q2 2025. This growth was mainly fueled by higher net gains on sales of loans, which reached $7.0 million in the quarter. They sold $92.9 million of U.S. government guaranteed loans in Q3 2025, showing strong market demand for their specialized loan products.

A Chicago Commercial Banking Leader

Byline Bancorp is not just performing well; it is consolidating its position as a leader in the competitive Chicago banking market. With total assets now at $9.8 billion as of September 30, 2025, they are the second-largest bank headquartered in Chicago and are laser-focused on becoming the preeminent commercial bank in the region.

The bank's loan portfolio is robust, growing to $7.5 billion in Q3 2025, marking a 5.8% increase year-over-year. This growth is stable and consistent, which is what you want to see in a regional bank. They've also achieved a major operational milestone: 12 consecutive quarters with a pre-tax pre-provision return on average assets (PTPP ROAA) over 2.00%. That's consistency.

This steady execution and strategic focus on commercial banking is why they continue to deliver value. If you want to dig deeper into the investor base and the market's view of this performance, you should check out Exploring Byline Bancorp, Inc. (BY) Investor Profile: Who's Buying and Why?

Byline Bancorp, Inc. (BY) Mission Statement

You're looking for the bedrock of Byline Bancorp, Inc.'s strategy, and that starts with their mission. It's not just a poster on the wall; a clear mission acts as the ultimate filter for every major capital and operational decision. Byline Bancorp, Inc.'s mission is to strive to produce long-term value by empowering our customers to bank how they want to bank, cultivating an innovative and collaborative culture and contributing to communities in a meaningful way.

This statement is a three-part directive, not a vague aspiration. It guides their path to becoming the preeminent commercial bank in Chicago, linking customer service directly to internal culture and community impact. Honestly, for a bank, that linkage is defintely the difference between a transactional relationship and a sticky one that lasts for decades.

Component 1: Empowering Customers to Bank How They Want

The first part of the mission is all about customer agency. This means offering a wide array of products-from complex commercial lending to personalized retail services-and delivering them efficiently. It's a commitment to being a full-service partner, not just a vault.

The proof is in the portfolio mix. As of September 30, 2025, Byline Bancorp, Inc.'s total loan portfolio stood at a robust $7.5 billion, showing their commitment to fueling business growth. They don't just talk about helping small businesses; they are one of the top Small Business Administration (SBA) lenders in the United States and have been Illinois's top SBA 7(a) lender for 15 consecutive years. This specialization is a concrete example of empowering businesses with access to capital that other banks might overlook.

Here's the quick math: loan growth means customer stories are being written. The bank originated $264.5 million in new loans just in the third quarter of 2025, with a significant portion going to commercial and industrial loans. That's a clear action mapping to their mission.

Component 2: Cultivating an Innovative and Collaborative Culture

A bank's culture directly impacts its service quality and, ultimately, its profitability. Byline Bancorp, Inc. understands that a collaborative, high-performing internal culture is what drives the 'high-quality products and services' mentioned in your strategy. Their core values, which they call the 'Things That Matter,' focus heavily on internal behavior and excellence:

• Obsess about our customers.
• Think like an owner.
• Know the numbers.
• Insist on excellence.

This focus translates into measurable operational success. In Q3 2025, the bank reported an efficiency ratio of just 51.00%, a sign that they are managing their non-interest expenses effectively to deliver service. A lower efficiency ratio means they are spending less to generate revenue, which is a direct outcome of a focused, efficient, and collaborative team.

Plus, this culture is externally recognized. In June 2025, Byline Bank was included in U.S. News & World Report's 2025-2026 Best Companies to Work For, earning recognition in the National, Midwest, and Finance and Insurance categories. That tells you the people delivering the service are engaged and supported, which is crucial for customer retention.

Component 3: Contributing to Communities in a Meaningful Way

For a Chicago-headquartered commercial bank, community contribution isn't a side project; it's a core business strategy. Their vision is about building a future where all people in the communities they serve have access to financial tools. This isn't just philanthropy; it's about making their business model an engine for local economic health.

Their physical footprint is a testament to this commitment, operating 44 branch locations across the competitive Chicagoland market. This local presence ensures accessibility for small- and medium-sized businesses (SMBs) and consumers alike, an important factor in community banking.

The financial strength they bring to the community is significant. With total assets reaching $9.8 billion as of September 30, 2025, Byline Bancorp, Inc. is the second-largest bank headquartered in Chicago. This scale gives them the capacity to fund larger projects and provide stability. They also delivered a strong return on average tangible common equity (ROTCE) of 15.11% in Q3 2025, which shows they are maximizing the value of their shareholders' capital while remaining focused on their community mission. To understand how this performance fits into the broader picture, you should check out Breaking Down Byline Bancorp, Inc. (BY) Financial Health: Key Insights for Investors.

Byline Bancorp, Inc. (BY) Vision Statement

You're looking past the quarterly earnings reports to understand the true engine of Byline Bancorp, Inc.'s (BY) long-term value. That engine is their vision, which isn't just a poster on the wall, but a clear roadmap for their commercial banking strategy in the competitive Chicago market. The core takeaway is this: Byline is translating its vision-to be the preeminent commercial bank in Chicago-into top-quartile financial performance, evidenced by a Q3 2025 Return on Average Tangible Common Equity (ROTCE) of 15.11%. That's a strong signal they're using your capital effectively.

The vision breaks down into three actionable pillars, and honestly, they've been hitting their marks. They're focused on empowering customers, helping businesses grow, and maintaining a strong balance sheet for their stakeholders. It's a classic community bank model, but executed with the precision of a much larger institution.

Access to Financial Tools for the Life of Their Dreams

The first part of Byline's vision is about community: ensuring all people in their service areas have access to the financial tools they need. This isn't just a nice sentiment; it's a strategy for growing their low-cost core deposit base, which is crucial in a high-rate environment. As of September 30, 2025, Byline Bancorp, Inc.'s total assets stood at $9.8 billion. Reaching that scale, while still operating 44 branch locations in the Chicagoland market, shows a commitment to physical presence alongside digital access.

The bank is defintely preparing to cross the $10 billion asset threshold in Q1 2026, which is a massive operational lift. What this estimate hides is the regulatory hurdle: crossing that line triggers the Durbin Amendment, potentially impacting interchange fee revenue by about $4.5 million to $5 million annually. So, their focus on growing low-cost core deposits is a direct countermeasure to this regulatory risk, a smart move to maintain net interest margin (NIM), which was already a healthy 4.27% in Q3 2025.

Help Businesses Connect and Rise Alongside Them

This is where Byline Bancorp, Inc. makes its money, focusing on commercial banking relationships and small- to medium-sized businesses (SMBs). Their vision is to be the partner that helps businesses 'rise alongside them,' and the loan book shows they are putting capital to work. The total loan portfolio grew to $7.5 billion in Q3 2025, a 5.8% year-over-year increase.

Here's the quick math on their focus: the portfolio composition is heavily weighted toward commercial relationships, with 40% in commercial and industrial (C&I) loans, 20% in owner-occupied commercial real estate (CRE), and 14% in non-owner occupied CRE. That C&I focus is a sign of deep, working capital relationships, not just passive real estate lending. Plus, they are a top-tier Small Business Administration (SBA) lender, which drives high-margin fee income. Net gains on sales of loans-largely SBA loans-reached $7.0 million in Q3 2025, up from $5.4 million in Q2 2025. That's a 28.9% quarter-over-quarter bump in a key non-interest revenue stream.

Sustained Commitment to Stakeholders and Environment

The final pillar is about long-term value creation for stakeholders, which means maintaining a 'fortress-level' balance sheet. For investors, this translates to consistent, top-quartile profitability. The bank has achieved 12 consecutive quarters with Pre-Tax Pre-Provision Return on Average Assets (PTPP ROAA) exceeding 2.00%, hitting 2.25% in Q3 2025. That consistency is a testament to their operating model, which also delivered a strong efficiency ratio of 51.00% for the quarter. Low efficiency ratios mean the bank is spending less to generate revenue, which is exactly what you want to see.

The financial strength is clear in their capital position, with Common Equity Tier 1 (CET1) surpassing 12% in Q3 2025. That's a robust cushion against any near-term economic risks. Net income for the quarter was $37.2 million, translating to diluted earnings per share (EPS) of $0.82, beating analyst forecasts by 13.89%. That's a concrete result of executing their vision. You can dive deeper into who is buying in and why by checking out Exploring Byline Bancorp, Inc. (BY) Investor Profile: Who's Buying and Why?

The Core Values: The Things That Matter

The vision is executed through a set of Core Values, which they call 'The Things That Matter.' These are the operational behaviors that drive the financial results. They are simple, direct, and actionable:

• Obsess about our customers.
• Think like an owner.
• Know the numbers.
• Insist on excellence.
• Fast is better than slow.
• Embrace change.
• Inspire.

The 'Know the numbers' value is particularly important for a financial institution, and their Q3 2025 performance-like the $1.2 billion in total stockholders' equity-shows they are living up to it. The consistency in their execution, from loan growth to capital management, is a direct result of this cultural framework. They run a very good bank.

Next step: Finance: Model the Durbin Amendment impact on 2026 revenue based on the projected $4.5 million to $5 million impact and the current non-interest income of $15.9 million (Q3 2025) by Friday.

Byline Bancorp, Inc. (BY) Core Values

You're looking beyond the balance sheet, trying to understand the DNA of Byline Bancorp, Inc. (BY). That's smart. A company's core values-what they call the 'Things That Matter' (TTMs)-are the best leading indicator of future performance, especially in community banking.

The firm's mission is clear: produce long-term value by empowering customers, cultivating an innovative culture, and contributing to communities in a meaningful way. Their vision is about building a future where everyone in their service area has the financial tools to build the life of their dreams. This isn't just corporate speak; it maps directly to how they allocate capital and time. Let's look at how their key values translate into real, quantifiable action as of late 2025.

This value is about more than just good service; it's about deep community integration, which is crucial for a commercial bank. You can't be a preeminent commercial bank in Chicago without being a true community partner (a Community Reinvestment Act, or CRA, focus). Byline Bancorp, Inc. demonstrates this obsession by making capital accessible to small- and medium-sized businesses and local non-profits.

The numbers show the commitment: Byline Bank is consistently ranked as one of the top 5 Small Business Administration (SBA) lenders in the United States, which is a massive win for the small business owners you're trying to fund. They were even recognized with the 2024 SBA 7(a), 504 and Expert Lender of the Year awards, showing a defintely high level of execution in this complex area.

In the local Chicago and Milwaukee markets, their community development is tangible. Through the last year, Byline Bank provided approximately $129.9 million in community-development loans and over $801.8 thousand in community grants, donations, and sponsorships. That's real money flowing into local economies for things like financial literacy, food security, and diversity, equity, and inclusion initiatives.

• Provided over $30,000 in grants in Oak Park/River Forest.
• Employees volunteered over 200 hours in one local market.
• Sponsor programs for arts, education, and mental health.

In finance, conviction must be grounded in performance metrics. This value ensures the bank operates with the financial discipline needed to remain a strong partner. For the third quarter of 2025, Byline Bancorp, Inc. reported impressive profitability, which is what you want to see from a well-managed institution.

The bank's total assets stood at $9.8 billion as of September 30, 2025, right on the cusp of the $10 billion regulatory threshold, which they expect to cross in Q1 2026. Their efficiency ratio, a measure of operational cost management, was a strong 51.00% in Q3 2025, showing they run a tight ship. The loan portfolio also grew to $7.5 billion in Q3 2025, a 5.8% year-over-year increase, so they are putting capital to work effectively.

Here's the quick math on their profitability: they delivered a Pre-Tax Pre-Provision Return on Average Assets (PTPP ROAA) of 2.25% and a Return on Average Tangible Common Equity (ROTCE) of 15.11% for Q3 2025. Maintaining metrics like these, especially the PTPP ROAA exceeding 2.00% for the 12th consecutive quarter, shows a consistent, data-driven focus on core banking profitability.

The quality of a bank's talent directly impacts its ability to manage risk and innovate. Byline Bancorp, Inc. emphasizes respect, collaboration, and diversity, which drives their high employee engagement. This is not just a soft metric; it directly impacts turnover and service quality.

The company was named one of Chicago's Best Workplaces by the Chicago Sun-Times for the second year in a row, ranking among the top 25 workplaces in the city. This kind of external validation proves the internal culture is working. They invest in their people through Employee Resource Groups (ERGs), which foster a culture of Culture, Opportunity, and Belonging (COB).

• Women Empowered by Byline (WEBB) ERG.
• Black ERG and JUNTOS ERG.
• LGBTQ+ ERG and Neurodiversity ERG.

These groups are not just for show; they drive internal programs and resources to ensure growth opportunities exist at all levels, which is the only way to build a sustainable, high-performing team. If you want to dive deeper into the market's perspective on this performance, you can check out Exploring Byline Bancorp, Inc. (BY) Investor Profile: Who's Buying and Why?