Wintrust Financial
WTFC

$103.37

1.81%

Market Cap: $6.87B

About: Wintrust Financial Corp is a financial holding company operating in the Chicago metropolitan area and southern Wisconsin through its wholly-owned banking subsidiaries. Wintrust conducts its business through three segments: community banking, specialty finance, and wealth management. Among other services, the company provides community-oriented, personal, and commercial banking, as well as the origination and purchase of residential mortgages for sale into the secondary market. A majority of its banks are banks chartered by the state of Illinois with scores of locations. The company has historically grown through both de novo organization and acquisitions. A majority of its loan portfolio is commercial, mostly in real estate. A majority of Wintrust's net revenue is net interest income.

Employees: 5,521

Financials State Commercial Banks

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 10 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

23% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 30

20% more repeat investments, than reductions

Existing positions increased: 155 | Existing positions reduced: 129

2% more funds holding

Funds holding: 383 [Q1] → 390 (+7) [Q2]

1.31% less ownership

Funds ownership: 95.49% [Q1] → 94.18% (-1.31%) [Q2]

6% less capital invested

Capital invested by funds: $6.11B [Q1] → $5.72B (-$396M) [Q2]

20% less funds holding in top 10

Funds holding in top 10: 10 [Q1] → 8 (-2) [Q2]

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Research analyst outlook

10 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$100

3%

downside

Avg. target

$117

13%

upside

High target

$130

26%

upside

10 analyst ratings

8 positive

80%

2 neutral

20%

0 negative

0%

Truist Securities Brandon King 89% 1-year accuracy 48 / 54 met price target	14%upside $118	Buy Maintained	22 Jul 2024
DA Davidson Kevin Reevey 100% 1-year accuracy 2 / 2 met price target	21%upside $125	Buy Maintained	19 Jul 2024
Piper Sandler Nathan Race 81% 1-year accuracy 17 / 21 met price target	21%upside $125	Overweight Maintained	19 Jul 2024
Keefe, Bruyette & Woods Christopher Mcgratty 67% 1-year accuracy 10 / 15 met price target	11%upside $115	Market Perform Downgraded	19 Jul 2024
Stephens & Co. Terry McEvoy 85% 1-year accuracy 22 / 26 met price target	11%upside $115	Overweight Reiterated	18 Jul 2024

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Financial journalist opinion

Wintrust Appoints New Head of Diversity, Equity, and Inclusion

ROSEMONT, Ill., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation (Nasdaq: WTFC) today announced the appointment of Gina Stuart as its new SVP, Diversity, Equity, and Inclusion. Stuart brings more than 20 years of leadership experience in human resources, including regulatory and compliance, as well as diversity and inclusion.

Wintrust Appoints New Head of Diversity, Equity, and Inclusion

Wintrust Expands Workplace Solutions Offering for HSAs, FSAs, and More, Powered by First Dollar

ROSEMONT, Ill., Aug. 22, 2024 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation (“Wintrust”) (Nasdaq: WTFC) today announced it has selected First Dollar to power health savings accounts, health flexible spending accounts, health reimbursement arrangements, and other employee benefit accounts. Wintrust will leverage First Dollar's best-in-class technology to enhance and elevate its consumer-directed health and lifestyle accounts portfolio for a fully integrated benefit experience aligned with the Wintrust standard.

Wintrust Expands Workplace Solutions Offering for HSAs, FSAs, and More, Powered by First Dollar

Zacks Investment Research

Wintrust (WTFC) Completes Acquisition of Macatawa for $510.3M

Wintrust (WTFC) closes the previously announced all-stock merger with Holland-based Macatawa.

Wintrust (WTFC) Completes Acquisition of Macatawa for $510.3M

Wintrust Financial Corporation Completes Its Merger With Macatawa Bank Corporation

ROSEMONT, Ill. and HOLLAND, Mich., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation (“Wintrust”) (Nasdaq: WTFC) and Macatawa Bank Corporation (“Macatawa”) today jointly announced the completion of their previously announced merger whereby Wintrust acquired Macatawa in an all-stock transaction. Macatawa was the parent company of Macatawa Bank, which is headquartered in Holland, Michigan and operates a network of 26 full-service branches located throughout communities in Kent, Ottawa and northern Allegan counties, including Grand Rapids.

Wintrust Financial Corporation Completes Its Merger With Macatawa Bank Corporation

Wintrust Financial Corporation Announces Cash Dividends

ROSEMONT, Ill., July 25, 2024 (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 $0.45 per share of outstanding common stock. The dividend is payable on August 22, 2024 to shareholders of record as of August 8, 2024.

Wintrust Financial Corporation Announces Cash Dividends

These Analysts Increase Their Forecasts On Wintrust Financial After Q2 Results

Wintrust Financial Corporation WTFC reported mixed second-quarter financial results, after the closing bell on Wednesday.

These Analysts Increase Their Forecasts On Wintrust Financial After Q2 Results

Wintrust Financial Corporation (WTFC) Q2 2024 Earnings Call Transcript

Start Time: 11:00 January 1, 0000 12:06 PM ET Wintrust Financial Corporation (NASDAQ:WTFC ) Q2 2024 Earnings Conference Call July 18, 2024, 11:00 AM ET Company Participants Tim Crane - President and CEO David Dykstra - Vice Chairman and COO Richard Murphy - Vice Chairman and Chief Lending Officer David Stoehr - EVP and CFO Kate Boege - EVP, General Counsel and Corporate Secretary Conference Call Participants Jon Arstrom - RBC Capital Markets Casey Haire - Jefferies Terry McEvoy - Stephens Chris McGratty - KBW Brendan Nosal - Hovde Group Jeff Rulis - D.A. Davidson David Long - Raymond James Nathan Race - Piper Sandler Jared Shaw - Barclays Brandon King - Truist Operator Welcome to Wintrust Financial Corporation's Second Quarter and Year-to-Date 2024 Earnings Conference Call.

Wintrust Financial Corporation (WTFC) Q2 2024 Earnings Call Transcript

Zacks Investment Research

Wintrust (WTFC) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

While the top- and bottom-line numbers for Wintrust (WTFC) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Wintrust (WTFC) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Zacks Investment Research

Wintrust Financial (WTFC) Q2 Earnings Miss Estimates

Wintrust Financial (WTFC) came out with quarterly earnings of $2.32 per share, missing the Zacks Consensus Estimate of $2.40 per share. This compares to earnings of $2.38 per share a year ago.

Wintrust Financial (WTFC) Q2 Earnings Miss Estimates

Wintrust Financial Corporation Reports Record Year-to-Date Net Income

ROSEMONT, Ill., July 17, 2024 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation (“Wintrust”, “the Company”, “we” or “our”) (Nasdaq: WTFC) announced record net income of $339.7 million or $5.21 per diluted common share for the first six months of 2024 compared to net income of $334.9 million or $5.18 per diluted common share for the same period of 2023. Pre-tax, pre-provision income (non-GAAP) for the first six months of 2024 totaled a record $523.0 million, compared to $506.5 million in the first six months of 2023.

Wintrust Financial Corporation Reports Record Year-to-Date Net Income

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