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CHICAGO—William G. Kistner, a director at Byline Bancorp, Inc. (NYSE:BY), recently executed a purchase of common stock valued at approximately $4,146. The transaction, which took place on June 13, 2025, involved the acquisition of 164 shares at an average price of $25.285 per share. The purchase comes as InvestingPro analysis shows the stock trading near its Fair Value, with the company maintaining a "GOOD" overall financial health score. Following this transaction, Kistner’s trust, the William G. Kistner Trust dated June 22, 1973, holds a total of 13,964 shares indirectly. Additionally, Kistner owns 1,036 shares directly.
This purchase reflects continued investment in Byline Bancorp, a Chicago-based financial institution.
In other recent news, Byline Bancorp reported its first-quarter earnings for 2025, surpassing analyst expectations with an earnings per share (EPS) of $0.64, slightly above the forecast of $0.63. The company also exceeded revenue expectations, reporting $103.08 million compared to the forecasted $100.82 million. Additionally, Byline Bancorp completed the acquisition of First Security, expanding its market presence. The company held its annual meeting where shareholders elected ten directors and approved executive compensation and the appointment of Moss Adams LLP as the independent auditor for the fiscal year.
Byline Bancorp extended its revolving credit facility with CIBC (TSX:CM) Bank USA through May 2026, maintaining a $15 million credit line. In a recent development, the Estate of Daniel L. Goodwin and Equity Shares Investors, LLC completed a secondary offering of 4.28 million shares of Byline Bancorp’s common stock, with the company repurchasing 418,235 shares as part of its share repurchase program. J.P. Morgan served as the sole underwriter for this offering. The company also noted that several directors purchased shares worth $1.27 million at the public offering price.
Kroll Bond Rating Agency upgraded Byline Bancorp’s debt rating, highlighting the company’s financial strength. The firm continues to focus on strategic growth initiatives, including expanding its wealth management business. The company’s engagement in maintaining liquidity and financial flexibility is evident through its ongoing financial management practices and recent credit facility extension.
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