Wintrust: Q1 Earnings Snapshot
By AP News
Published - Apr 17, 2024, 04:38 PM ET
Last Updated - Apr 17, 2024, 04:38 PM EDT
ROSEMONT, Ill. (AP) — ROSEMONT, Ill. (AP) — Wintrust Financial Corp. (WTFC) on Wednesday reported first-quarter profit of $187.3 million.
The bank, based in Rosemont, Illinois, said it had earnings of $2.89 per share.
The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.42 per share.
The bank holding company posted revenue of $946.1 million in the period. Its revenue net of interest expense was $604.8 million, also topping Street forecasts. Five analysts surveyed by Zacks expected $573.7 million.
