logo
Share SHARE
FONT-SIZE Plus   Neg

Wintrust Financial Q1 Profit Rises; Beats Estimates - Quick Facts

Wintrust Financial Corp. (WTFC) 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.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Simple, uncluttered, colorful and friendly. That's how Google describes its new logo. The new typeface is sans-serif and without any shadow or embossing, unlike its earlier logos. It has given blue, red, yellow and green to its letters. The "e" is slightly tilted and stylized. On its browser tabs, it has replaced the lower case blue colored "g" with an upper case "G" in four colors. H&R Block reported a smaller loss for the first quarter, driven by a four percent increase in revenues, partly offset by foreign currency fluctuations. The company announced a $3.5 billion stock buyback, and its shares gained 7% in after-hours trade... About nine-tenths of the world's sea birds are likely to have consumed pieces of plastic which continue to remain in their guts, a study shows.
comments powered by Disqus
RELATED NEWS
Trade WTFC now with 
Follow RTT