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Byline Bancorp Renews $15 Million Revolving Credit Facility

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Byline Bancorp Renews $15 Million Revolving Credit Facility

Meet Samuel – Your Personal Investing Prophet

Byline Bancorp ( (BY) ) has provided an announcement.

Byline Bancorp, Inc. has maintained and periodically extended its revolving credit arrangements with CIBC Bank USA under a Second Amended and Restated Term Loan and Revolving Credit Agreement first noted on May 26, 2023. On May 24, 2024, the company executed a first amendment, effective May 26, 2024, renewing a revolving line of credit of up to $15 million and extending its maturity to May 25, 2025.

On May 21, 2025, Byline entered a second amendment, effective May 25, 2025, again renewing the same $15 million revolving line and pushing the maturity to May 24, 2026. Most recently, on May 22, 2026, the company signed a third amendment, effective May 24, 2026, which renews the $15 million revolving credit facility once more and extends its maturity to May 23, 2027, supporting continued funding flexibility for its operations.

The most recent analyst rating on (BY) stock is a Hold with a $35.00 price target. To see the full list of analyst forecasts on Byline Bancorp stock, see the BY Stock Forecast page.

Spark’s Take on BY Stock

According to Spark, TipRanks’ AI Analyst, BY is a Outperform.

The score is driven primarily by solid fundamental performance and a positive earnings-call outlook (profitability, capital strength, and disciplined guidance), supported by an attractive low P/E valuation. This is tempered by softer latest-period cash-flow momentum and only mixed/neutral technical signals.

To see Spark’s full report on BY stock, click here.

More about Byline Bancorp

Byline Bancorp, Inc. is a U.S. financial services company that operates as a bank holding company, providing commercial and consumer banking products through its banking subsidiary. The company focuses on lending, deposit services and credit facilities to businesses and individuals, with access to committed revolving lines of credit to support its financing and liquidity needs.

Average Trading Volume: 210,384

Technical Sentiment Signal: Buy

Current Market Cap: $1.49B

See more data about BY stock on TipRanks’ Stock Analysis page.

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