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Chicago bank Byline Bancorp files for a $75 million IPO

May 31, 2017
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Byline Bancorp, a Chicago bank with 56 branches and $3.3 billion in assets, filed on Wednesday with the SEC to raise up to $75 million in an initial public offering.

The Chicago, IL-based company was founded in 1978 and booked $99 million in revenue for the 12 months ended March 31, 2017. It plans to list on the NYSE under the symbol BY. BofA Merrill Lynch and Keefe Bruyette Woods are the joint bookrunners on the deal. No pricing terms were disclosed.