Wintrust Financial Corp. Reports Increase In Q2 Profit

Wintrust Financial Corp. (WTFC) reported earnings for its second quarter that climbed from last year.

The company’s earnings came in at $89.58 million, or $1.53 per share. This compares with $64.90 million, or $1.11 per share, in last year’s second quarter.

Analysts had expected the company to earn $1.44 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 13.3% to $333.40 million from $294.38 million last year.

Wintrust Financial Corp. earnings at a glance:

-Earnings (Q2): $89.58 Mln. vs. $64.90 Mln. last year.
-EPS (Q2): $1.53 vs. $1.11 last year.
-Analysts Estimate: $1.44
-Revenue (Q2): $333.40 Mln vs. $294.38 Mln last year.

by RTTNews Staff Writer

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