M&A · Financials · Buyer's industry: State Commercial Banks
Byline Bancorp, Inc. to acquire Illinois State Bancorp, Inc.
Announced Oct 6, 2026 · Announced · Private target
Deal value$88M
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationCash and stock$261.23 per share
Transaction
- Acquirer
- Byline Bancorp, Inc. (BY)
- Target
- Illinois State Bancorp, Inc.
- Buyer type
- Strategic
- Offer price per share
- $261.23
- Enterprise value
- —
- Status
- Announced
Deal protections
Not disclosed for private-company acquisitions.
Advisors
- To the acquirer
- Not disclosed
- To the target
- D.A. Davidson
Classification
- Sector
- Financials
- Buyer's industry
- State Commercial Banks