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.

Wintrust Financial Corporation continues to grow its top and bottom lines at a nice clip. The firm also stood up well earlier this year during the banking crisis, with deposits remaining quite sturdy. All things factored in, the company looks like a good prospect for investors to take very seriously.

Wintrust Financial Corporation: A Sturdy Bank That Continues To Grow Nicely

Wintrust Financial Corporation (WTFC) Q1 2023 Earnings Call Transcript.

Wintrust Financial Corporation (WTFC) Q1 2023 Earnings Call Transcript

Wintrust Financial (WTFC) came out with quarterly earnings of $2.80 per share, beating the Zacks Consensus Estimate of $2.55 per share. This compares to earnings of $2.07 per share a year ago.

Wintrust Financial (WTFC) Beats Q1 Earnings Estimates

ROSEMONT, Ill., April 19, 2023 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation (“Wintrust”, “the Company”, “we” or “our”) (Nasdaq: WTFC) announced record quarterly net income of $180.2 million or $2.80 per diluted common share for the first quarter of 2023, an increase in diluted earnings per common share of 26% compared to the fourth quarter of 2022. Pre-tax, pre-provision income (non-GAAP) totaled a record $266.6 million as compared to $242.8 million for the fourth quarter of 2022.

Wintrust Financial Corporation Reports Record First Quarter 2023 Net Income

ROSEMONT, Ill., April 05, 2023 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation (“Wintrust” or “WTFC”) announced today that it has received nine Greenwich Excellence Awards for 2022 across U.S. Middle Market and U.S. Small Business Banking. They include:

Wintrust Recognized by Coalition Greenwich for 8th Straight Year, Wins 9 Greenwich Excellence Awards in U.S. Middle Market and Small Business Banking

ROSEMONT, Ill., March 31, 2023 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation ("Wintrust") (Nasdaq: WTFC) today announced it will release first quarter 2023 earnings results after the market closes on Wednesday, April 19, 2023 and host a conference call on Thursday, April 20, 2023 at 10:00 a.m. (CDT).

Wintrust Financial Corporation Announces First Quarter Earnings Release Schedule

ROSEMONT, Ill., March 31, 2023 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation (“Wintrust” or “WTFC”) announced today that Wintrust Community Banks received the award for ranking highest in the J.D. Power 2023 U.S. Retail Banking Satisfaction Study in the Illinois Region. The J.D. Power study is based on rating responses from more than 101,000 retail banking customers in seven dimensions. Wintrust also won the highest ranking in Illinois in 2022, as well as highest ranking in the Midwest Region in 2017 and 2019.

Wintrust Wins Highest Ranking by J.D. Power for Customer Satisfaction with Retail Banking in Illinois for the Second Year in a Row

Wintrust's preferred shares trade at a discount to redemption value. The high reset rate margin makes it likely the preferred securities will be called in approximately two years.

Wintrust Preferred: High Yield To Redemption Opportunity

Wintrust (WTFC) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Strength Seen in Wintrust (WTFC): Can Its 5.5% Jump Turn into More Strength?

ROSEMONT, Ill., March 01, 2023 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation (“Wintrust”) today announced that all overdraft and item return fees will end effective March 1, 2023 for consumer deposit accounts at each of its community banks. Business accounts will remain under the existing overdraft and item return fee structure.

Wintrust Ends Overdraft and Item Return Fees for Consumer Clients

ROSEMONT, Ill., Feb. 28, 2023 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation (“Wintrust”) (Nasdaq: WTFC) will present at the Raymond James 44th Annual Institutional Investors Conference to be held in Orlando, Florida on March 5 - 8, 2023. Wintrust management will participate in a question and answer session that is scheduled to begin at 10:25 AM, Eastern Time, on March 6, 2023.

Wintrust Financial Corporation to Present at Raymond James 44th Annual Institutional Investors Conference

ROSEMONT, Ill., Feb. 22, 2023 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation (“Wintrust” or the “Company”) (Nasdaq: WTFC) will present at the RBC Capital Markets Global Financials Conference to be held on March 7-8, 2023.  Wintrust management will participate in a panel discussion that is scheduled to begin at approximately 4:00 PM Eastern Time on March 7, 2023.

Wintrust Financial Corporation to Present at RBC Capital Markets Global Financials Conference on March 7, 2023

ROSEMONT, Ill., Feb. 06, 2023 (GLOBE NEWSWIRE) -- The Chicago Tribune has named Wintrust Financial Corporation a Top Workplace in Chicago for the ninth year in a row. Results are based entirely on an anonymous employee survey conducted by a third party. The survey measured 15 drivers of engaged work cultures, including connection, alignment, and execution. This year, Wintrust ranked 18th on the list of larger organizations, which are defined as having over 1,000 employees locally.

Wintrust named one of Chicago's Top Workplaces in 2022 by the Chicago Tribune

ROSEMONT, Ill., Jan. 30, 2023 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation (“Wintrust” or “WTFC”) is today announcing the planned transition of the Chief Executive Officer role. Effective May 1, 2023, Timothy S. Crane, who currently serves as Wintrust's President, will assume the additional role of Chief Executive Officer. Crane also has been appointed to the Wintrust Board of Directors effective immediately.

Wintrust To Appoint Timothy S. Crane as Chief Executive Officer

ROSEMONT, Ill., Jan. 26, 2023 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation (“Wintrust” or the “Company”) (Nasdaq: WTFC) today announced that the Company's Board of Directors approved a quarterly cash dividend of $0.40 per share of outstanding common stock. The dividend is payable on February 23, 2023 to shareholders of record as of February 9, 2023. This represents an increase of approximately 17.6% from the $0.34 quarterly cash dividend paid in each of the quarters of 2022.

Wintrust Financial Corporation Announces Cash Dividends, Increasing Quarterly Common Stock Dividend Rate By 17.6%

Wintrust Financial Corporation (NASDAQ:WTFC ) Q4 2022 Earnings Conference Call January 19, 2023 11:00 AM ET Company Participants Edward Wehmer - Founder and CEO Tim Crane - President David Dykstra - Vice Chairman and COO Richard Murphy - Vice Chairman and CLO Dave Stoehr - Chief Financial Officer Kate Boege - General Counsel Conference Call Participants Jon Arfstrom - RBC Capital Markets David Long - Raymond James Chris McGratty - KBW Terry McEvoy - Stephens Ben Gerlinger - Hovde Group Brandon King - Truist Jeff Rulis - D.A. Davidson Operator Welcome to Wintrust Financial Corporation's Fourth Quarter and Full Year 2022 Earnings Conference Call.

Wintrust Financial Corporation (WTFC) Q4 2022 Earnings Call Transcript

Wintrust (WTFC) delivered earnings and revenue surprises of -14.23% and 0.04%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Wintrust Financial (WTFC) Lags Q4 Earnings and Revenue Estimates

ROSEMONT, Ill., Jan. 18, 2023 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation (“Wintrust”, “the Company”, “we” or “our”) (Nasdaq: WTFC) announced net income of $144.8 million or $2.23 per diluted common share for the fourth quarter of 2022, an increase in diluted earnings per common share of 1% compared to the third quarter of 2022. The Company had record annual net income of $509.7 million or $8.02 per diluted common share for the year ended December 31, 2022 as compared to net income of $466.2 million or $7.58 per diluted common share for the same period of 2021. Pre-tax, pre-provision income (non-GAAP) totaled a record $779.1 million for the year ended December 31, 2022, up 35% as compared to $578.5 million for the same period of 2021.

Wintrust Financial Corporation Reports Fourth Quarter and Full Year 2022 Results

ROSEMONT, Ill., Dec. 22, 2022 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation ("Wintrust") (Nasdaq: WTFC) today announced it will release its fourth quarter and year-to-date 2022 earnings results after the market closes on Wednesday, January 18, 2023 and host a conference call on Thursday, January 19, 2023 at 10:00 a.m. (CDT).

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

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IMBBY, BAESY and WTFC made it to the Zacks Rank #1 (Strong Buy) value stocks list on December 7, 2022.

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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) Stock Undervalued Right Now?

WesBanco

Wintrust Preferred and WesBanco Preferred are reset-rate preferred stocks tied to the U.S. 5 year treasury note. Their current yields are significantly higher than similarly rated bank preferred stocks including both fixed-rate and fixed-to-floating rate preferred stocks.

Wintrust And WesBanco Preferred Stocks: Undervalued With Great Protection From Higher Interest Rates

JENKINTOWN, Pa.--( BUSINESS WIRE )--National Philanthropic Trust (NPT), the largest national, independent public charity that manages donor-advised funds, and one of the leading grantmaking institutions in the U.S., is pleased to announce the appointment of Lisa Pattis to its Board of Trustees.

National Philanthropic Trust Welcomes Board Member

Margin will continue on an uptrend due to the up-rate cycle. However, the rate of expansion will be lower due to the recent deterioration of the deposit mix. Loan growth will likely slow down, but remain at a high level.

Wintrust Financial: Margin Expansion Is The Biggest Earnings Catalyst

ROSEMONT, Ill., Nov. 14, 2022 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation (“Wintrust”) (NASDAQ: WTFC) and Rothschild & Co announced they have entered into an agreement for Wintrust to acquire two asset management businesses from Rothschild & Co North America Inc. Wintrust's subsidiary, Great Lakes Advisors, LLC, agreed to purchase Rothschild & Co Asset Management US Inc. and Rothschild & Co Risk Based Investments LLC (collectively, “Rothschild & Co Asset Management U.S.”), investment managers with approximately $8 billion in assets under management specializing in equity investment strategies for institutional, intermediary and other clients. Upon completion of the transaction, Rothschild & Co Asset Management U.S. will merge into and operate the business as Great Lakes Advisors, LLC.

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