---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-031260"
form_type: "8-K"
ticker: "BY"
cik: "0001702750"
company_name: "BYLINE BANCORP, INC."
filed_at: "2023-07-03T23:59:59+00:00"
generated_at: "2026-06-13T13:19:48.552149+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-23-031260
- form_type: 8-K
- ticker: BY
- cik: 0001702750
- company_name: BYLINE BANCORP, INC.
- filed_at: 2023-07-03T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1702750/000095017023031260/0000950170-23-031260-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1702750/000095017023031260/by-20230701.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-031260
- JSON: https://secwatch.observer/filing/0000950170-23-031260.json
- Plain text: https://secwatch.observer/filing/0000950170-23-031260.txt

## Key facts
- Executive change
  Pamela C. Stewart was appointed as Director at BYLINE BANCORP, INC..
  - Action: appointed
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1702750/000095017023031260/0000950170-23-031260-index.htm

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