logo
Share SHARE
FONT-SIZE Plus   Neg

Wintrust Financial Q1 Profit Rises; Beats Estimates - Quick Facts

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.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Internet giant Google Inc. (GOOGL, GOOG) has launched a new online flight search tool that makes it easy to find out the best flight deal. The tool dubbed "Google Flights" provides a calendar that one can scroll through and see the lowest fare highlighted for each day. One can also use the lowest... Hyperloop Transportation Technologies, a start-up that has adopted Elon Musk's ambitious project of high-speed transportation system, plans to build a Hyperloop test track in California and completed as early as 2016. Hyperloop Test Technologies, a crowd-funded company, plans to take Musk's dream... Colors have set the social media afire after an otherwise innocuous photo of a bodycon dress kept users guessing as to what hues permeate it. Opinions are divided, with some seeing the dress as white and gold, and others as blue and black. The photo was posted on Tumblr by a user called Swiked.
comments powered by Disqus
RELATED NEWS
Trade WTFC now with 
Follow RTT