Wintrust Financial Corporation (WTFC) is currently priced at $150.69, marking a $1.45 increase from the previous close. Notable insider trading by CHIEF FINANCIAL OFFICER, David L. Stoehr, selling $454,358 worth of shares on April 23rd, has caught attention. Trading volume stands at $52,300, representing a 10.57% rise compared to the average.
The latest quarterly earnings report of WTFC, released on April 19th, showed a consensus EPS estimate of 2.96.
WTFC offers a forward dividend yield of 1.46%, with a dividend per share of 55 cents MRQ and $1.55 TTM.
Cowen & Co. upgraded WTFC from a "Buy" to a "Hold" rating on April 23rd, with the price at the time being $147.89.
The company reported a free cash flow of $228.63 million, with operating cash flow at $251.66 million. Notably, debt repayment stood at -$192.64 million.
WTFC reported a net income of $227.39 million, resulting in an EPS of $3.26. Revenue amounted to $1 billion, with a gross profit of $683.57 million.
Key ratios for WTFC include a net profit margin of 21.42%, a debt-equity ratio of 58.88%, and a price-earnings ratio of 10.27.
The balance sheet shows total assets of $72.16 billion, with total liabilities at $64.78 billion, indicating a strong financial position.
This comprehensive overview highlights WTFC's positive performance and financial standing in the current market session. Investors are closely monitoring the asset for further developments.
Wintrust Financial Corporation operates as a financial holding company. It operates in three segments: Community Banking, Specialty Finance, and Wealth Management. The Community Banking segment offers non-interest bearing deposits, non-brokered interest-bearing transaction accounts, and savings and domestic time deposits; home equity, consumer, and real estate loans; safe deposit facilities; and automatic teller machine (ATM), online and mobile banking, and other services. It also engages in the retail origination and purchase of residential mortgages for sale into the secondary market; and provision of lending, deposits, and treasury management services to condominium, homeowner, and community associations, as well as asset-based lending for middle-market companies. In addition, this segment offers loan and deposit services to mortgage brokerage companies; lending to restaurant franchisees; direct leasing; small business administration loans; commercial mortgages and construction loans; and financial solutions. It provides personal and commercial banking services primarily to individuals, small to mid-sized businesses, local governmental units, and institutional clients. The Specialty Finance segment offers commercial and life insurance premiums financing for businesses and individuals; accounts receivable financing, value-added, and out-sourced administrative services; and other specialty finance services, as well as data processing of payrolls, billing, and cash management services to temporary staffing industry. The Wealth Management segment provides trust and investment, asset management, tax-deferred exchange, securities brokerage, and retirement plan services. The company operates 173 banking facilities and 228 ATMs in the Chicago metropolitan area, southern Wisconsin, northwest Indiana, and Florida. Wintrust Financial Corporation was founded in 1991 and is headquartered in Rosemont, Illinois.