Wintrust Financial Co. (NASDAQ:WTFC – Free Report) – Equities researchers at Wedbush lowered their FY2026 earnings estimates for Wintrust Financial in a report issued on Wednesday, October 9th. Wedbush analyst D. Chiaverini now forecasts that the bank will post earnings per share of $10.20 for the year, down from their prior forecast of $10.30. Wedbush currently has a “Outperform” rating and a $130.00 price target on the stock. The consensus estimate for Wintrust Financial’s current full-year earnings is $10.09 per share.
Wintrust Financial (NASDAQ:WTFC – Get Free Report) last posted its quarterly earnings results on Wednesday, July 17th. The bank reported $2.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.42 by ($0.10). The business had revenue of $591.76 million during the quarter, compared to analyst estimates of $587.33 million. Wintrust Financial had a return on equity of 12.71% and a net margin of 17.02%. The company’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same quarter last year, the firm posted $2.38 EPS.
View Our Latest Report on WTFC
Wintrust Financial Trading Up 3.9 %
Wintrust Financial stock opened at $111.00 on Thursday. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.99 and a current ratio of 0.99. The firm has a market cap of $7.38 billion, a price-to-earnings ratio of 11.55 and a beta of 1.16. Wintrust Financial has a 1 year low of $71.86 and a 1 year high of $113.68. The firm’s 50 day moving average price is $104.50 and its two-hundred day moving average price is $101.49.
Institutional Investors Weigh In On Wintrust Financial
Institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. lifted its stake in shares of Wintrust Financial by 3.9% in the 1st quarter. Vanguard Group Inc. now owns 6,452,753 shares of the bank’s stock valued at $673,603,000 after purchasing an additional 244,168 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its position in Wintrust Financial by 157.6% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 190,416 shares of the bank’s stock worth $19,878,000 after acquiring an additional 116,503 shares during the last quarter. Capital International Investors lifted its position in Wintrust Financial by 4.6% during the 1st quarter. Capital International Investors now owns 1,638,085 shares of the bank’s stock worth $171,000,000 after acquiring an additional 72,082 shares during the last quarter. Reinhart Partners LLC. lifted its position in Wintrust Financial by 2.1% during the 1st quarter. Reinhart Partners LLC. now owns 731,345 shares of the bank’s stock worth $76,345,000 after acquiring an additional 15,240 shares during the last quarter. Finally, Choreo LLC acquired a new position in Wintrust Financial during the 2nd quarter worth $1,115,000. Institutional investors and hedge funds own 93.48% of the company’s stock.
Wintrust Financial Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 22nd. Investors of record on Thursday, August 8th were paid a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 1.62%. The ex-dividend date of this dividend was Thursday, August 8th. Wintrust Financial’s payout ratio is presently 18.73%.
Wintrust Financial Company Profile
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.
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