secwatch.observer — SEC 8-K summary
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Issuer:     BYLINE BANCORP, INC. (BY)
CIK:        0001702750
Form:       8-K
Filed at:   2023-07-03T23:59:59+00:00
Accession:  0000950170-23-031260
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1702750/000095017023031260/0000950170-23-031260-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1702750/000095017023031260/by-20230701.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-031260

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer