Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Wintrust Financial Q1 Profit Rises; Beats Estimates - Quick Facts

RELATED NEWS
Trade WTFC now with 

Wintrust Financial Corp. (WTFC: Quote) reported a net income applicable to common shares of $21.96 million or $0.50 per share for the first quarter, compared to $15.37 million or $0.36 per share last year.

On average, fourteen analysts polled by Thomson Reuters expected the company to report earnings of $0.41 per share for the quarter. Analysts' estimates typically exclude special items.

Net revenue for the quarter were $172.92 million, up from $150.50 million a year ago. Market expectation was for revenues of $165.54 million.

Net interest income was $125.9 million, compared to $109.6 million a year ago, while total non-interest income rose to $47.0 million from $40.9 million last year.

Click here to receive FREE breaking news email alerts for Wintrust Financial Corp. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Stocks came under pressure in early trading on Friday and remained firmly in the red throughout the remainder of the trading session. With the losses on the day, the S&P 500 pulled back well off yesterday's record closing high. President Barack Obama is meeting with presidents from Central American nations on Friday as the U.S. struggles to deal with a surge of unaccompanied children across the southern border. Despite calls from some leading conservatives, the results of a new CNN/ORC International poll released Friday showed that a vast majority of Americans do not believe that President Barack Obama should be impeached and removed from office.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.