---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-025875"
form_type: "8-K"
ticker: "BY"
cik: "0001702750"
company_name: "BYLINE BANCORP, INC."
filed_at: "2022-11-30T23:59:59+00:00"
generated_at: "2026-06-21T11:44:12.400424+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Byline Bancorp to acquire Inland Bancorp for ~$165M in cash and stock

## Summary
- Transaction valued at ~$165M: 6.4M Byline shares plus $22.9M cash; $4.90 per Inland share.
- Expected close Q2 2023; subject to regulatory approvals and Inland stockholder approval.
- Pro forma combined: ~$8.5B assets, 47 branches across greater Chicago area.
- Expected EPS accretion of 8.1% in 2023 and 10.7% in 2024; TBV earnback ~2.7 years.
- Pre-tax cost savings estimated at ~30% of Inland's expense base.

## SEC filing metadata
- accession: 0000950170-22-025875
- form_type: 8-K
- ticker: BY
- cik: 0001702750
- company_name: BYLINE BANCORP, INC.
- filed_at: 2022-11-30T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1702750/000095017022025875/0000950170-22-025875-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1702750/000095017022025875/by-20221130.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-025875
- JSON: https://secwatch.observer/filing/0000950170-22-025875.json
- Plain text: https://secwatch.observer/filing/0000950170-22-025875.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.