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Wintrust Financial Q4 2022 Earnings Report

Wintrust Financial logo
$124.17 +1.45 (+1.18%)
(As of 12/20/2024 05:31 PM ET)

Wintrust Financial EPS Results

Actual EPS
$2.23
Consensus EPS
$2.60
Beat/Miss
Missed by -$0.37
One Year Ago EPS
N/A

Wintrust Financial Revenue Results

Actual Revenue
$550.66 million
Expected Revenue
$550.90 million
Beat/Miss
Missed by -$240.00 thousand
YoY Revenue Growth
N/A

Wintrust Financial Announcement Details

Quarter
Q4 2022
Time
N/A

Conference Call Resources

Conference Call Audio

Slide Deck

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Wintrust Financial Earnings Headlines

Wintrust Financial initiated with a Buy at UBS
UBS Group Begins Coverage on Wintrust Financial (NASDAQ:WTFC)
Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
Wintrust Financial price target raised to $151 from $130 at Barclays
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About Wintrust Financial

Wintrust Financial (NASDAQ:WTFC) 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; 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; other specialty finance services; equipment financing through structured loan and lease products; and property and casualty premium financing; as well as data processing of payrolls, billing, and cash management services to temporary staffing industry. The Wealth Management segment provides wealth management services, such as trust and investment, asset management, tax-deferred exchange, securities brokerage, and retirement plan services. Wintrust Financial Corporation was founded in 1991 and is headquartered in Rosemont, Illinois.

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