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Byline Bancorp
Country
US
Industry
Financials
Market Cap
Small Cap
Num. Employees
948
IPO Date
Jun 29, 2017
Country
US
Industry
Financials
Byline Bancorp, Inc. is a holding company, which engages in business through its subsidiary, Byline Bank, a full services commercial bank. The company is headquartered in Chicago, Illinois and currently employs 948 full-time employees. The company went IPO on 2017-06-29. The firm conducts all its business activities through its subsidiary, Byline Bank (the Bank), a full-service commercial bank, and Byline Bank’s subsidiaries. The Bank 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. The company offers online account opening to consumer and business customers through its Website. The company also provides trust and wealth management services to its customers. In addition to its traditional commercial banking business, the Bank provides small ticket equipment leasing solutions through Byline Financial Group (BFG), a wholly owned subsidiary of the Bank. The company also supports its business customers with a range of deposit and treasury management products, along with business transaction accounts. The company provides financing solutions for equipment vendors and their end users through BFG.
Last week, LPL Financial Holdings LPLA, along with its subsidiaries LPL Financial LLC, completed the acquisition of Altria Wealth Solutions, Inc.Per the acquisition announcement dated Feb. 13, 2024, LPLA expected onboarding and integration costs to be between $300 million and $350 million.
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