Wintrust Financial

Wintrust Financial Corp. is a bank holding company, which engages in the provision of banking and financial services. It operates through the following segments: Community Banking, Specialty Finance, and Wealth Management. The Community Banking segment provides community-oriented, personal, and commercial banking services to customers located in its market area. The Specialty Finance segment offers financing of insurance premiums for businesses and individuals, accounts receivable financing, value-added, out-sourced administrative services, and other specialty finance businesses. The Wealth Management segment offers wealth management services through Wintrust Investments, CTC, Great Lakes Advisors and CDEC, trust and investment services, tax-deferred like-kind exchange services, asset management, securities brokerage services and 401(k) and retirement plan services. The company was founded by Edward Joseph Wehmer on December 30, 1992 and is headquartered in Rosemont, IL.

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Wintrust Financial posts record earnings, eyes margin growth amid challenges

Wintrust Financial's Q4 2022 earnings call highlighted strong financial results, a focus on margin maintenance and growth, and strategic initiatives to navigate evolving market conditions. The company's emphasis on credit quality, liquidity, and expense management underscores its commitment to sustainable growth and resilience.

Wintrust Financial posts record Q1 results, eyes growth opportunities

Wintrust Financial (WTFC) delivered strong financial performance in Q1 2023, showcasing resilience and strategic focus amidst industry challenges.
The company's emphasis on conservative banking, strong customer service, and disciplined financial management positions it well for future growth and success.
While facing margin pressure and expense management challenges, Wintrust Financial remains optimistic about growth opportunities and market positioning.
With a smooth leadership transition and a record quarter, Wintrust Financial is poised for continued success, leveraging its strengths and opportunities for sustained performance.

Wintrust Financial reports record income and navigates growth challenges

Wintrust Financial's Q2 performance showcased record income, strong credit performance, and operational efficiency.
While facing challenges such as increased expenses and asset losses, the company remains optimistic about growth opportunities.
Maintaining market leadership in Chicago and Illinois, Wintrust focuses on expense management and strategic asset reinvestment.
With a solid foundation and a focus on growth avenues, Wintrust is positioned for continued success in the financial market.

Wintrust Financial (WTFC) reports record earnings and eyes growth opportunities

Wintrust Financial's Q3 performance showcased strong earnings, disciplined strategies, and a focus on growth opportunities. While facing challenges in expenses and risk management, the company is well-positioned to capitalize on lending opportunities and maintain a stable net interest margin.

Wintrust Financial reports record earnings, eyes growth amid challenges

Wintrust Financial delivered strong financial performance in 2023, with record net income and robust loan and deposit growth despite economic challenges.
The company's focus on credit discipline, stable net interest margin, and diversified revenue streams positions it well for growth opportunities in 2024.
While facing challenges such as credit quality concerns and potential margin pressure, Wintrust can leverage opportunities in deposit growth and risk management strategies.
Overall, Wintrust Financial's 2023 results reflect resilience and strategic positioning for continued success in navigating evolving market conditions.

Wintrust Financial posts record earnings, eyes strategic growth opportunities

Wintrust Financial delivered a strong performance in Q1 2024 with record net income and robust credit quality, driven by broad-based loan growth.
Despite challenges such as an increase in nonperforming loans and uncertain rate environment, strategic acquisitions and operational streamlining present opportunities for growth.
The focus on strong loan growth, strategic acquisitions, and community-oriented expansion positions Wintrust Financial for continued success and capital optimization.

Wintrust Financial reports robust Q2 earnings amidst strategic expansion

Wintrust Financial's Q2 2024 performance reflects strong financial health, marked by robust income growth, solid credit quality, and strategic expansion initiatives.
While facing challenges such as a decline in noninterest income and credit loss provisions, the company remains well-positioned to capitalize on opportunities for revenue diversification and operational efficiency.
By addressing these challenges and leveraging growth opportunities, Wintrust Financial is poised to sustain its positive momentum and drive long-term shareholder value.

Wintrust Financial reports record Q3 earnings amidst growth opportunities

Wintrust Financial delivered a robust performance in Q3 2024, marked by strong financial results, significant loan and deposit growth, and record net interest income.
Despite challenges in noninterest income and expenses, the company's solid credit quality, disciplined approach, and optimism for future growth highlight its resilience.
By addressing challenges proactively and capitalizing on growth opportunities, Wintrust Financial aims to sustain its financial strength and enhance shareholder value.

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Wintrust Financial Corp. operates as holding company, which engages in the provision of banking and financial services. It operates through the following segments: Community Banking, Specialty Finance, and Wealth Management. The Community Banking segment provides community-oriented, personal, and commercial banking services to customers located in its market area. The Specialty Finance segment offers financing of insurance premiums for businesses and individuals, accounts receivable financing, value-added, out-sourced administrative services, and other specialty finance businesses. The Wealth Management segment is involved in wealth management services through Wintrust Investments, CTC, Great Lakes Advisors and CDEC, trust and investment services, tax-deferred like-kind exchange services, asset management, securities brokerage services and 401(k) and retirement plan services. The company was founded by Edward Joseph Wehmer on December 30, 1992 and is headquartered in Rosemont, IL.

Does Wintrust Financial (WTFC) have what it takes to be a top stock pick for momentum investors? Let's find out.

Wintrust Financial (WTFC) Is Up 2.74% in One Week: What You Should Know

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Wintrust Financial (WTFC) a Great Value Stock Right Now?

Wintrust Financial Corporation (NASDAQ:WTFC ) Q3 2022 Earnings Conference Call October 19, 2022 11:00 AM ET Company Participants Edward Wehmer - Founder & CEO Tim Crane - President David Stoehr - Executive Vice President & CFO Richard Murphy - Vice Chairman & Chief Lending Officer David Dykstra - Vice Chairman & COO Conference Call Participants Jon Arfstrom - RBC Capital Markets David Long - Raymond James Nathan Race - Piper Sandler Terry McEvoy - Stephens Chris McGratty - KBW Brandon King - Truist Operator Welcome to Wintrust Financial Corporation's Third Quarter 2022 Earnings Conference Call. A review of the results will be made by Edward Wehmer, Founder and Chief Executive Officer; Tim Crane, President; David Dykstra, Vice Chairman and Chief Operating Officer; and Richard Murphy, Vice Chairman and Chief Lending Officer.

Wintrust Financial Corporation (WTFC) Q3 2022 Earnings Call Transcript

ROSEMONT, Ill., Oct. 18, 2022 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation (“Wintrust”, “the Company”, “we” or “our”) (Nasdaq: WTFC) announced net income of $143.0 million or $2.21 per diluted common share for the third quarter of 2022, an increase in diluted earnings per common share of 48% compared to the second quarter of 2022. The Company recorded net income of $364.9 million or $5.78 per diluted common share for the first nine months of 2022 compared to net income of $367.4 million or $6.00 per diluted common share for the same period of 2021.

Wintrust Financial Corporation Reports Third Quarter 2022 Results

ROSEMONT, Ill., Sept. 29, 2022 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation ("Wintrust") (Nasdaq: WTFC) today announced it will release its third quarter and year-to-date 2022 earnings results after the market closes on Tuesday, October 18, 2022, and host a conference call on Wednesday, October 19, 2022, at 10:00 a.m. (CDT).

Wintrust Financial Corporation Announces Third Quarter and Year-to-Date 2022 Earnings Release Schedule

Should Value Investors Buy Wintrust Financial (WTFC) Stock?

Signs of economic expansion will likely sustain loan growth at a decent level through the end of 2023. An overwhelming 77% of total loans will re-price within a year. Therefore, the margin will benefit from higher interest rates this year.

Wintrust Financial: Loan Additions To Play Key Role In Earnings Growth

Wintrust Financial Corporation (NASDAQ:WTFC ) Q2 2022 Earnings Conference Call July 21, 2022 11:00 AM ET Company Participants Edward Wehmer - Founder and Chief Executive Officer Tim Crane - President David Dykstra - Vice Chairman and Chief Operating Officer Richard Murphy - Vice Chairman and Chief Lending Officer Dave Stoehr - Executive Vice President and CFO Kate Boege - General Counsel Conference Call Participants Andrew Leischner - KBW Terry McEvoy - Stephens David Long - Raymond James Jon Arfstrom - RBC Capital Markets Operator Welcome to Wintrust Financial Corporation's Second Quarter 2022 Earnings Conference Call. A review of the results will be made by Edward Wehmer, Founder and Chief Executive Officer; Tim Crane, President; David Dykstra, Vice Chairman and Chief Operating Officer; and Richard Murphy, Vice Chairman and Chief Lending Officer.

Wintrust Financial Corporation (WTFC) CEO Edward Wehmer on Q2 2022 Results - Earnings Call Transcript

Wintrust (WTFC) delivered earnings and revenue surprises of -11.83% and 1.36%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Wintrust Financial (WTFC) Lags Q2 Earnings and Revenue Estimates

ROSEMONT, Ill., July 20, 2022 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation (“Wintrust”, “the Company”, “we” or “our”) (Nasdaq: WTFC) announced net income of $94.5 million or $1.49 per diluted common share for the second quarter of 2022, a decrease in diluted earnings per common share of 28% compared to the first quarter of 2022. The Company recorded net income of $221.9 million or $3.56 per diluted common share for the first six months of 2022 compared to net income of $258.3 million or $4.24 per diluted common share for the same period of 2021. Pre-tax, pre-provision income (non-GAAP) for the first six months of 2022 totaled $329.9 million up 14% from $290.4 million in the first six months of 2021.

Wintrust Financial Corporation Reports Second Quarter 2022 Results

ROSEMONT, Ill., July 13, 2022 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation (Wintrust) (Nasdaq: WTFC) today announced that the company will increase the minimum wage paid to eligible non-commission hourly employees to $18 per hour effective August 1, 2022.

Wintrust Announces Minimum Wage Increase

Wintrust (WTFC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Wintrust Financial (WTFC) Q2 Earnings Expected to Decline

ROSEMONT, Ill., July 06, 2022 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation ("Wintrust") (Nasdaq: WTFC) today announced it will release its second quarter and year-to-date 2022 earnings results after the market closes on Wednesday, July 20, 2022 and host a conference call on Thursday, July 21, 2022 at 10:00 a.m. (CDT).

Wintrust Financial Corporation Announces Second Quarter and Year-To-Date 2022 Earnings Release Schedule

Wintrust (WTFC) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Wintrust (WTFC) Surges 5%: Is This an Indication of Further Gains?

Wintrust (WTFC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

What Makes Wintrust (WTFC) a New Strong Buy Stock

ROSEMONT, Ill., June 07, 2022 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation (“Wintrust” or the “Company”) (NASDAQ: WTFC) today announced the pricing of its upsized underwritten public offering of 3,000,000 shares of its common stock at a price to the public of $86.00 per share. In connection with the offering, Wintrust has granted the underwriters a 30-day option to purchase up to 450,000 additional shares of common stock. The offering is expected to close on June 10, 2022, subject to customary closing conditions.

Wintrust Financial Corporation Announces Pricing of Upsized $258 Million Common Stock Offering

ROSEMONT, Ill., June 07, 2022 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation (“Wintrust” or the “Company”) (NASDAQ: WTFC) today announced that it has commenced an underwritten public offering of 2,700,000 shares of its common stock. All of the shares included in the offering are primary shares offered by the Company. Wintrust intends to grant the underwriters a 30-day option to purchase up to 405,000 additional shares of common stock. Wintrust intends to use the net proceeds from this offering for general corporate purposes.

Wintrust Financial Corporation Announces Public Offering of Common Stock

ROSEMONT, Ill., May 31, 2022 (GLOBE NEWSWIRE) -- Wintrust recently earned seven Greenwich Excellence Awards in U.S. Middle Market and U.S. Small Business Banking categories from Coalition Greenwich for 2021. They include:

Wintrust Wins Seven Greenwich Excellence Awards in U.S. Middle Market and Small Business Banking

The consensus price target hints at a 31.3% upside potential for Wintrust (WTFC). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Think Wintrust (WTFC) Could Surge 31%: Read This Before Placing a Bet

Wintrust (WTFC) Upgraded to Strong Buy: What Does It Mean for the Stock?

Wintrust Financial Corporation (NASDAQ:WTFC ) Q1 2022 Earnings Conference Call April 20, 2022 12:00 PM ET CompanyParticipants Edward Wehmer - Founder, Chief Executive Officer & Director Timothy Crane - President David Dykstra - Vice Chairman & Chief Operating Officer Richard Murphy - Vice Chairman & Chief Lending Officer David Stoehr - Executive Vice President & Chief Financial Officer Conference Call Participants David Long - Raymond James Chris McGratty - KBW Jon Arfstrom - RBC Capital Markets Terry McEvoy - Stephens Nathan Race - Piper Sandler Michael Young - Truist Securities Ben Gerlinger - Hovde Group Casey Haire - Jefferies Operator Welcome to Wintrust Financial Corporation's First Quarter 2022 Earnings Conference Call. A review of the results will be made by Edward Wehmer, Founder and Chief Executive Officer; Tim Crane, President; David Dykstra, Vice Chairman and Chief Operating Officer; and Richard Murphy, Vice Chairman and Chief Lending Officer.

Wintrust Financial Corporation (WTFC) CEO Edward Wehmer on Q1 2022 Results - Earnings Call Transcript

Wintrust (WTFC) delivered earnings and revenue surprises of 34.42% and 8.76%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Wintrust Financial (WTFC) Surpasses Q1 Earnings and Revenue Estimates

ROSEMONT, Ill., April 19, 2022 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation (“Wintrust”, “the Company”, “we” or “our”) (Nasdaq: WTFC) announced net income of $127.4 million or $2.07 per diluted common share for the first quarter of 2022, an increase in diluted earnings per common share of 31% compared to the fourth quarter of 2021.

Wintrust Financial Corporation Reports First Quarter 2022 Net Income of $127.4 million

ROSEMONT, Ill., April 19, 2022 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation (Wintrust) (Nasdaq: WTFC) announced today that it received the award for ranking highest in the J.D. Power 2022 U.S. Retail Banking Satisfaction Study in the Illinois Region. The study is based on ratings responses from more than 101,000 retail banking customers in seven categories.

Wintrust Wins Highest Ranking by J.D. Power for Customer Satisfaction in U.S. Retail Banking in Illinois

Wintrust Financial (WTFC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

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