NIRI Chicago Elects New Board for 2026-2027 Term
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 16 hours ago
0mins
Source: Newsfilter
- New Board Members: NIRI Chicago has elected 10 new board members effective July 1, 2026, aiming to address evolving capital markets and rising shareholder expectations, thereby enhancing the strategic importance of investor relations.
- Leadership Transition: Brooks O. Rennie has been elected as the new president, marking his fifth year on the NIRI Chicago board, and his experience at Byline Bancorp will drive the organization’s influence in the Midwest.
- Professional Development Opportunities: The new board will continue to provide professional development and networking opportunities, particularly with the upcoming 2026 Midwest IR Symposium on September 17, aimed at helping members understand industry trends and improve best practices in investor relations.
- Acknowledgment of Departing Members: NIRI Chicago extends gratitude to departing board members, including Michael A. Steele and Julianna Paterra, whose contributions will continue to impact the organization’s future development.
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Analyst Views on BY
Wall Street analysts forecast BY stock price to fall
2 Analyst Rating
1 Buy
1 Hold
0 Sell
Moderate Buy
Current: 37.380
Low
32.00
Averages
33.50
High
35.00
Current: 37.380
Low
32.00
Averages
33.50
High
35.00
About BY
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 Bank’s 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.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
NIRI Chicago Elects New Board for 2026-2027 Term
- New Board Members: NIRI Chicago has elected 10 new board members effective July 1, 2026, aiming to address evolving capital markets and rising shareholder expectations, thereby enhancing the strategic importance of investor relations.
- Leadership Transition: Brooks O. Rennie has been elected as the new president, marking his fifth year on the NIRI Chicago board, and his experience at Byline Bancorp will drive the organization’s influence in the Midwest.
- Professional Development Opportunities: The new board will continue to provide professional development and networking opportunities, particularly with the upcoming 2026 Midwest IR Symposium on September 17, aimed at helping members understand industry trends and improve best practices in investor relations.
- Acknowledgment of Departing Members: NIRI Chicago extends gratitude to departing board members, including Michael A. Steele and Julianna Paterra, whose contributions will continue to impact the organization’s future development.
See More
Byline Bank Named 'Lender of the Year' at 2026 Illinois Real Estate Awards
- Lender Recognition: Byline Bank's Commercial Real Estate Group was awarded 'Lender of the Year' at the 2026 Illinois Real Estate Awards, highlighting its outstanding performance and influence in the commercial real estate sector.
- Commitment Growth: In 2025, BCREG closed over $350 million in commercial real estate commitments, including five transactions totaling $43 million in December alone, indicating sustained demand for refinancing and value-add capital in the market.
- Market Return Trend: As refinancing activity accelerates, many borrowers are returning to traditional bank financing, emphasizing the importance of banks in providing stability and relationship-driven partnerships, reflecting a market focus on quick responses and reliable execution.
- Flexible Capital Solutions: BCREG focuses on providing flexible capital solutions for multifamily, industrial, self-storage, and retail properties, showcasing Byline Bank's crucial role in the ever-evolving commercial real estate market.
See More
Byline Bank Provides $26.5 Million Loan for NASA Logistics Center Development
- Loan Amount: Byline Bank's Commercial Real Estate Group has provided a $26.5 million construction loan for the NASA Causeway Logistics Center in Titusville, Florida, which will enhance industrial development in the area and meet growing logistics demands.
- Project Scale: The project features two state-of-the-art logistics buildings totaling approximately 306,980 square feet on a 28.6-acre site, designed to support a variety of uses including warehousing, distribution, and manufacturing, thereby boosting regional economic vitality.
- Geographic Advantage: The NASA Causeway Logistics Center's proximity to Kennedy Space Center and other major transportation hubs offers convenient access, which is expected to attract more businesses and further drive local economic growth.
- Market Demand: As aerospace investment and advanced manufacturing continue to expand, industrial activity in Florida is on the rise, and the construction of this project will fill the gap in the market for modern industrial space, enhancing Byline Bank's market position in this sector.
See More
Byline Bancorp Q1 2026 Earnings Call Insights
- Profitability Improvement: Byline Bancorp reported a net income of $37.6 million in Q1, with an EPS of $0.83 and revenue of $112.4 million, alongside a net interest income of $99.9 million and a net interest margin of 4.33%, indicating the company's ability to maintain profitability amid economic uncertainties.
- Capital Return Strategy: The company repurchased approximately 318,000 shares in Q1, returning 40% of net income to shareholders while maintaining a quarterly dividend of $0.12 per share, demonstrating its commitment to creating shareholder value and boosting market confidence.
- Loan Growth Expectations: CFO Thomas J. Bell projected mid-single-digit loan growth for the full year, despite inconsistent economic signals, indicating strong confidence in the loan pipeline and future growth potential.
- Cost Control and Outlook: The company kept its noninterest expense guidance unchanged at $58 million to $60 million per quarter, while Q2 net interest income is expected to range from $99 million to $101 million, reflecting a robust strategy in cost management and revenue growth.
See More
Byline (BY) Q1 2026 Earnings Call Transcript
See More
Byline Bancorp Declares Quarterly Dividend of $0.12
- Quarterly Dividend Announcement: Byline Bancorp declares a quarterly dividend of $0.12 per share, consistent with previous distributions, indicating the company's stable cash flow and profitability.
- Yield Information: The forward yield of 1.45% provides investors with a relatively stable return, enhancing market attractiveness for the company's stock.
- Payment Schedule: The dividend will be payable on May 19, with a record date of May 5 and an ex-dividend date also on May 5, ensuring shareholders receive their earnings promptly.
- Investor Focus: Byline Bancorp's dividend policy reflects its commitment to shareholder returns, potentially attracting more investors seeking stable income from the company's stock.
See More
NIRI Chicago Elects New Board for 2026-2027 Term
- New Board Members: NIRI Chicago has elected 10 new board members effective July 1, 2026, aiming to address evolving capital markets and rising shareholder expectations, thereby enhancing the strategic importance of investor relations.
- Leadership Transition: Brooks O. Rennie has been elected as the new president, marking his fifth year on the NIRI Chicago board, and his experience at Byline Bancorp will drive the organization’s influence in the Midwest.
- Professional Development Opportunities: The new board will continue to provide professional development and networking opportunities, particularly with the upcoming 2026 Midwest IR Symposium on September 17, aimed at helping members understand industry trends and improve best practices in investor relations.
- Acknowledgment of Departing Members: NIRI Chicago extends gratitude to departing board members, including Michael A. Steele and Julianna Paterra, whose contributions will continue to impact the organization’s future development.
See More
Byline Bank Named 'Lender of the Year' at 2026 Illinois Real Estate Awards
- Lender Recognition: Byline Bank's Commercial Real Estate Group was awarded 'Lender of the Year' at the 2026 Illinois Real Estate Awards, highlighting its outstanding performance and influence in the commercial real estate sector.
- Commitment Growth: In 2025, BCREG closed over $350 million in commercial real estate commitments, including five transactions totaling $43 million in December alone, indicating sustained demand for refinancing and value-add capital in the market.
- Market Return Trend: As refinancing activity accelerates, many borrowers are returning to traditional bank financing, emphasizing the importance of banks in providing stability and relationship-driven partnerships, reflecting a market focus on quick responses and reliable execution.
- Flexible Capital Solutions: BCREG focuses on providing flexible capital solutions for multifamily, industrial, self-storage, and retail properties, showcasing Byline Bank's crucial role in the ever-evolving commercial real estate market.
See More
Byline Bank Provides $26.5 Million Loan for NASA Logistics Center Development
- Loan Amount: Byline Bank's Commercial Real Estate Group has provided a $26.5 million construction loan for the NASA Causeway Logistics Center in Titusville, Florida, which will enhance industrial development in the area and meet growing logistics demands.
- Project Scale: The project features two state-of-the-art logistics buildings totaling approximately 306,980 square feet on a 28.6-acre site, designed to support a variety of uses including warehousing, distribution, and manufacturing, thereby boosting regional economic vitality.
- Geographic Advantage: The NASA Causeway Logistics Center's proximity to Kennedy Space Center and other major transportation hubs offers convenient access, which is expected to attract more businesses and further drive local economic growth.
- Market Demand: As aerospace investment and advanced manufacturing continue to expand, industrial activity in Florida is on the rise, and the construction of this project will fill the gap in the market for modern industrial space, enhancing Byline Bank's market position in this sector.
See More
Byline Bancorp Q1 2026 Earnings Call Insights
- Profitability Improvement: Byline Bancorp reported a net income of $37.6 million in Q1, with an EPS of $0.83 and revenue of $112.4 million, alongside a net interest income of $99.9 million and a net interest margin of 4.33%, indicating the company's ability to maintain profitability amid economic uncertainties.
- Capital Return Strategy: The company repurchased approximately 318,000 shares in Q1, returning 40% of net income to shareholders while maintaining a quarterly dividend of $0.12 per share, demonstrating its commitment to creating shareholder value and boosting market confidence.
- Loan Growth Expectations: CFO Thomas J. Bell projected mid-single-digit loan growth for the full year, despite inconsistent economic signals, indicating strong confidence in the loan pipeline and future growth potential.
- Cost Control and Outlook: The company kept its noninterest expense guidance unchanged at $58 million to $60 million per quarter, while Q2 net interest income is expected to range from $99 million to $101 million, reflecting a robust strategy in cost management and revenue growth.
See More
Byline (BY) Q1 2026 Earnings Call Transcript
See More
Byline Bancorp Declares Quarterly Dividend of $0.12
- Quarterly Dividend Announcement: Byline Bancorp declares a quarterly dividend of $0.12 per share, consistent with previous distributions, indicating the company's stable cash flow and profitability.
- Yield Information: The forward yield of 1.45% provides investors with a relatively stable return, enhancing market attractiveness for the company's stock.
- Payment Schedule: The dividend will be payable on May 19, with a record date of May 5 and an ex-dividend date also on May 5, ensuring shareholders receive their earnings promptly.
- Investor Focus: Byline Bancorp's dividend policy reflects its commitment to shareholder returns, potentially attracting more investors seeking stable income from the company's stock.
See More
