Business Context and Reporting Period
Company: Byline Bancorp, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: June 16, 2025
Reporting Period: Event-based report regarding a change in the registrant's certifying accountant.
Key Financial Metrics
This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on corporate governance and audit firm transitions.
Material Changes
- Accountant Merger: Moss Adams LLP, the Company's independent registered public accounting firm, merged with Baker Tilly US, LLP effective June 3, 2025.
- Resignation and Appointment: Moss Adams resigned as the Company's auditor. The Audit Committee approved the appointment of Baker Tilly US, LLP as the successor independent registered public accounting firm.
- Audit History: Audit reports for the years ended December 31, 2024, and 2023, and internal controls as of December 31, 2024, contained no adverse opinions, disclaimers, or qualifications.
- Disagreements: No disagreements regarding accounting principles, practices, or audit scope occurred between the Company and Moss Adams during the relevant periods.
Guidance, Outlook, and Risks
Management Commentary: The filing confirms that neither the Company nor its representatives consulted with Baker Tilly regarding accounting principles, audit opinions, disagreements, or reportable events prior to the appointment.
Risks and Contingencies: No specific financial risks or contingencies are disclosed in this document. The transition is presented as a standard administrative change resulting from the merger of the audit firms.
Investor Verification Checklist
- Verify the effective date of the merger between Moss Adams LLP and Baker Tilly US, LLP (stated as June 3, 2025).
- Confirm the Audit Committee's formal approval of Baker Tilly as the successor auditor.
- Review Exhibit 16.1 (Moss Adams' letter to the Commission) to ensure the former auditor agrees with the Company's statements regarding the absence of disagreements.
- Monitor future filings for the first audit report issued by Baker Tilly US, LLP.