Byline Bancorp hikes dividend by 20%

Byline Bancorp (BY) boosted its quarterly dividend, approving a 20% increase to $0.12 per share.

The latest move marks the second consecutive year of double-digit dividend growth for Byline Bancorp. In the prior year, the bank raised its dividend by 11.1%. Based on a share price of $31.71, the dividend translates into a yield of approximately 1.4%. The ex-dividend date is February 3, 2026.

Byline Bancorp operates as the bank holding company for Byline Bank, providing commercial and retail banking services to small and mid-sized businesses and consumers, primarily in the Chicago metropolitan area. More information is available on the website of Byline Bancorp.

Disclaimer: The information provided here is for informational purposes only and should not be considered financial advice. Investors should conduct their own research or consult with a financial advisor before making any investment decisions.