Byline Bancorp, Inc. Reports Net Charge-Offs for the Third Quarter of 2023
October 26, 2023 at 09:15 pm
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Byline Bancorp, Inc. reported Net charge-offs for the third quarter of 2023. For the quarter, the company reported net charge offs of $5,430,000 against $1,791,000 reported a year ago.
Byline Bancorp, Inc. is a bank holding company. The Company conducts all its business activities through its subsidiary, Byline Bank, a full-service commercial bank, and Byline Bankâs subsidiaries. It offers a range of banking products and services to small and medium-sized businesses, commercial real estate and financial sponsors and to consumers who generally live or work near its branches. It also offers online account opening to consumer and business customers through its Website and provides trust and wealth management services to its customers. In addition to its traditional commercial banking business, it provides small ticket equipment leasing solutions through Byline Financial Group, a wholly owned subsidiary of Byline Bank. It offers a range of commercial loan, deposit and treasury management products. Its primary commercial lending groups include commercial and industrial, commercial real estate, sponsor finance, commercial deposits and treasury management and others.