Wintrust Financial Corporation (NASDAQ:WTFC) banking and financial services provider, is expected to report second quarter earnings results, after market close, on Tuesday 21st July 2020.
Analysts polled by Thomson Reuters anticipate second quarter income of $ 0.73 per share.
Looking ahead, the full year income are expected at $ 3.98 per share on the revenues of $ 1556.67 million.
Previous Quarter Performance
Wintrust Financial Corporation communicated income for the first quarter of $ 1.04 per share, from the revenue of . The quarterly earnings extended 3.07 percent while revenues compared with the same quarter last year.
The consensus estimates are income of $ 0.74 per share The bottom line results beat street analysts by $ 0.3 or 40.54 percent, at the same time, top line results analysts by $ 1.47 million or .
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of WTFC was $ 41.61, representing a 88.96 % increase from the 52 week low of $ 22.02 and a 42.61 % decrease over the 52 week high of $ 72.51.
The company has a market capital of $ 2.40 billion and is part of the Financial Services sector and Banks – Regional – US industry.
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Recent Analyst recommendations
On 4th June 2020, maintained by Raymond James at Strong Buy rating, with $ 58.00 target price.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.28 per share on April 23, 2020. The dividend were payable on May 21, 2020 to holders of record as of the close of business on May 7, 2020 and ex-dividend date on May 6, 2020.
Wintrust Financial Corporation operates as a financial holding company in the Chicago metropolitan area, southern Wisconsin, and northwest Indiana. 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), Internet banking, and other services.
