BYLINE BANCORP Files 8-K on Financial Results & Condition
Ticker: BY · Form: 8-K · Filed: Jan 25, 2024 · CIK: 1702750
Complexity: simple
Sentiment: neutral
Topics: financial-results, 8-K, corporate-filing
TL;DR
**BYLINE BANCORP just dropped an 8-K on its financials, get ready for potential market reaction.**
AI Summary
BYLINE BANCORP, INC. filed an 8-K on January 25, 2024, to report its financial results and condition. This filing, under Commission File Number 001-38139, indicates that the company is providing an update on its operations. For investors, this matters because it offers the latest snapshot of the company's financial health, which can influence stock performance and future investment decisions.
Why It Matters
This filing provides investors with current financial information, crucial for evaluating BYLINE BANCORP's performance and making informed investment choices.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial results and does not inherently signal high risk, but rather provides transparency.
Analyst Insight
A smart investor would review the full financial statements and results once available to assess BYLINE BANCORP's performance and future outlook before making any investment decisions.
Key Numbers
- 001-38139 — Commission File Number (identifies BYLINE BANCORP's registration with the SEC)
- 2024-01-25 — Date of Report (indicates the effective date of the reported event)
- 773-244-7000 — Business Phone (contact number for BYLINE BANCORP)
Key Players & Entities
- BYLINE BANCORP, INC. (company) — the registrant filing the 8-K
- January 25, 2024 (date) — date of earliest event reported and filing date
- 001-38139 (dollar_amount) — Commission File Number for BYLINE BANCORP, INC.
- 180 North LaSalle Street, Suite 300, Chicago, Illinois 60601 (company) — principal executive offices address
- 773-244-7000 (dollar_amount) — registrant's telephone number
Forward-Looking Statements
- BYLINE BANCORP's stock (BY) will experience increased trading volume following the release of its financial results. (BYLINE BANCORP, INC.) — medium confidence, target: 2024-01-26
- Analysts will update their price targets for BYLINE BANCORP based on the newly reported financial condition. (BYLINE BANCORP, INC.) — medium confidence, target: 2024-02-01
FAQ
What is the purpose of BYLINE BANCORP, INC.'s 8-K filing on January 25, 2024?
The 8-K filing by BYLINE BANCORP, INC. on January 25, 2024, is to report on 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' as per the Item Information section.
What is the Commission File Number for BYLINE BANCORP, INC. as stated in this filing?
The Commission File Number for BYLINE BANCORP, INC. is 001-38139, as specified in the filing.
Where are BYLINE BANCORP, INC.'s principal executive offices located?
BYLINE BANCORP, INC.'s principal executive offices are located at 180 North LaSalle Street, Suite 300, Chicago, Illinois 60601.
Is BYLINE BANCORP, INC. considered an emerging growth company according to this 8-K?
No, the filing indicates with a '☐' that BYLINE BANCORP, INC. is not an emerging growth company, as the box is unchecked.
On which exchange is BYLINE BANCORP, INC.'s Common Stock registered for trading?
BYLINE BANCORP, INC.'s Common Stock, with trading symbol BY, is registered on the New York Stock Exchange.
Filing Stats: 918 words · 4 min read · ~3 pages · Grade level 12.1 · Accepted 2024-01-25 17:07:46
Filing Documents
- by-20240125.htm (8-K) — 61KB
- by-ex99_1.htm (EX-99.1) — 2465KB
- by-ex99_2.htm (EX-99.2) — 39KB
- by-ex99_2.pdf (EX-99.2) — 1226KB
- img195841198_0.jpg (GRAPHIC) — 175KB
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- by-ex99_2s26.jpg (GRAPHIC) — 239KB
- 0000950170-24-007494.txt ( ) — 18623KB
- by-20240125.xsd (EX-101.SCH) — 32KB
- by-20240125_htm.xml (XML) — 5KB
02
Item 2.02. Results of Operations and Financial Condition. On January 25, 2024, Byline Bancorp, Inc., (“Byline or the Company”) issued a press release announcing its financial results for the fourth quarter ended December 31, 2023. A copy of the press release is attached as Exhibit 99.1 and is incorporated herein by reference. On January 25, 2024, the Company made available on its website a slide presentation regarding the Company’s fourth quarter 2023 financial results, which will be used as part of a publicly accessible conference call on January 26, 2024. A copy of the slide presentation is attached as Exhibit 99.2 and is incorporated herein by reference. The information included in Item 2.02 this Current Report on Form 8-K (including the information in the attached exhibits 99.1 and 99.2) is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in any such filing.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Fourth Quarter 2023 financial results press release, dated January 25, 2024 99.2 Slide Presentation regarding fourth quarter 2023 financial results 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
Forward-Looking Statements
Forward-Looking Statements This communication contains forward-looking statements within the meaning of the U.S. federal securities laws. Forward-looking statements include, without limitation, statements concerning plans, estimates, calculations, forecasts and projections with respect to the anticipated future performance of the Company. These statements are often, but not always, made through the use of words or phrases such as ‘‘may’’, ‘‘might’’, ‘‘should’’, ‘‘could’’, ‘‘predict’’, ‘‘potential’’, ‘‘believe’’, ‘‘expect’’, ‘‘continue’’, ‘‘will’’, ‘‘anticipate’’, ‘‘seek’’, ‘‘estimate’’, ‘‘intend’’, ‘‘plan’’, ‘‘projection’’, ‘‘would’’, ‘‘annualized’’, “target” and ‘‘outlook’’, or the negative version of those words or other comparable words or phrases of a future or forward-looking nature. Forward-looking statements involve estimates and known and unknown risks, and reflect various assumptions and involve elements of subjective judgment and analysis, which may or may not prove to be correct, and which are subject to uncertainties and contingencies outside the control of Byline and its respective affiliates, directors, employees and other representatives, which could cause actual results to differ materially from those presented in this communication. No representations, warranties or guarantees are or will be made by Byline as to the reliability, accuracy or completeness of any forward-looking statements contained in this commu