The headline numbers for Wintrust (WTFC) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Wintrust Financial (WTFC) came out with quarterly earnings of $2.47 per share, missing the Zacks Consensus Estimate of $2.50 per share. This compares to earnings of $2.53 per share a year ago.
Wintrust Financial (WTFC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Beyond analysts' top -and-bottom-line estimates for Wintrust (WTFC), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.
Wintrust (WTFC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Wintrust Financial's shares have risen 10.5% since March, but lagged behind the S&P 500, but since June 2023, shares are up 52.7%, easily outperforming the S&P 500. Despite a slight decline in net interest margin, deposits, loans, and securities have grown, showcasing strong balance sheet growth and asset quality. Net interest income and non-interest income have increased, though higher expenses have limited net profit growth.
Wintrust (WTFC) closes the previously announced all-stock merger with Holland-based Macatawa.
Wintrust Financial Corporation WTFC reported mixed second-quarter financial results, after the closing bell on Wednesday.
Start Time: 11:00 January 1, 0000 12:06 PM ET Wintrust Financial Corporation (NASDAQ:WTFC ) Q2 2024 Earnings Conference Call July 18, 2024, 11:00 AM ET Company Participants Tim Crane - President and CEO David Dykstra - Vice Chairman and COO Richard Murphy - Vice Chairman and Chief Lending Officer David Stoehr - EVP and CFO Kate Boege - EVP, General Counsel and Corporate Secretary Conference Call Participants Jon Arstrom - RBC Capital Markets Casey Haire - Jefferies Terry McEvoy - Stephens Chris McGratty - KBW Brendan Nosal - Hovde Group Jeff Rulis - D.A. Davidson David Long - Raymond James Nathan Race - Piper Sandler Jared Shaw - Barclays Brandon King - Truist Operator Welcome to Wintrust Financial Corporation's Second Quarter and Year-to-Date 2024 Earnings Conference Call.
While the top- and bottom-line numbers for Wintrust (WTFC) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Wintrust Financial (WTFC) came out with quarterly earnings of $2.32 per share, missing the Zacks Consensus Estimate of $2.40 per share. This compares to earnings of $2.38 per share a year ago.
Beyond analysts' top -and-bottom-line estimates for Wintrust (WTFC), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2024.