Byline Bancorp completes $129M merger with Inland, assets reach $8.7B

BYLINE BANCORP, INC.

Each Inland share converted into 0.19 Byline shares plus $0.68 cash; total equity value ~$129M.
Combined assets ~$8.7B as of March 31, 2023; effective date July 1, 2023.
Inland Bank and Trust merged into Byline Bank, expanding Chicagoland footprint.
Pamela C. Stewart appointed to boards of Byline Bancorp and Byline Bank effective July 1.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Pamela C. Stewart

Director

BY · BYLINE BANCORP, INC.

Effective: 2023-07-01
Filed: July 3, 2023, 7:59 PM ET

Effective July 1, 2023, following the recommendation by its Governance and Nominating Committee, the Board of Directors of each of Byline Bancorp, Inc. (“Byline” or the “Company”) and Byline Bank appointed Pamela C. Stewart, age 66, as a Director of Byline and Byline Bank.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Pamela C. Stewart was appointed as Director at BYLINE BANCORP, INC..

Action: appointed
Role: Director

Exact text from the filing

Effective July 1, 2023, following the recommendation by its Governance and Nominating Committee, the Board of Directors of each of Byline Bancorp, Inc. (“Byline” or the “Company”) and Byline Bank appointed Pamela C. Stewart, age 66, as a Director of Byline and Byline Bank.

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BYLINE BANCORP, INC. filing history →

Source: SEC EDGAR

accession 0000950170-23-031260

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