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Byline Bancorp Renews $15M Credit Line with CIBC

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Byline Bancorp Renews $15M Credit Line with CIBC

Confident Investing Starts Here:

Byline Bancorp ( (BY) ) has shared an update.

Byline Bancorp, Inc. has entered into a series of amendments to its Term Loan and Revolving Credit Agreement with CIBC Bank USA. The latest amendment, effective May 25, 2025, renews a $15 million revolving line of credit and extends its maturity to May 24, 2026, reflecting the company’s ongoing efforts to maintain financial flexibility.

The most recent analyst rating on (BY) stock is a Hold with a $33.00 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.

Byline Bancorp demonstrates solid financial performance with consistent revenue growth and improved leverage ratios, complemented by a favorable valuation. The recent earnings call highlighted strong financial results and successful strategic initiatives, although challenges like economic uncertainty and pressures on specific business segments remain. Technical indicators suggest a mixed trend, with potential for recovery. Overall, the stock presents a stable investment opportunity with promising growth prospects.

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

More about Byline Bancorp

Average Trading Volume: 167,313

Technical Sentiment Signal: Buy

Current Market Cap: $1.19B

Find detailed analytics on BY stock on TipRanks’ Stock Analysis page.

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