Welcome to our dedicated page for Wintrust Fincl news (Ticker: WTFC), a resource for investors and traders seeking the latest updates and insights on Wintrust Fincl stock.
Wintrust Financial Corp (WTFC) delivers community-focused banking and specialty financial services across Illinois and Wisconsin. This news hub provides investors and stakeholders with direct access to the company's official communications and market developments.
Track all essential updates through curated press releases covering quarterly earnings, strategic initiatives, and operational expansions. Our repository includes filings related to commercial lending activities, wealth management services, and insurance premium financing operations – critical information for assessing WTFC's position in regional financial markets.
Discover timely announcements about leadership appointments, regulatory compliance milestones, and community partnership programs. The collection emphasizes WTFC's core banking operations while providing context on its specialty finance segments that drive revenue diversification.
Bookmark this page for streamlined monitoring of Wintrust's financial performance and corporate announcements. Regular updates ensure you maintain current awareness of this Midwest banking leader's evolving market strategy.
Wintrust Financial Corporation (Nasdaq: WTFC) has declared a quarterly cash dividend of $0.31 per share, payable on August 19, 2021, to shareholders of record as of August 5, 2021. Moreover, dividends on the 6.50% Fixed-to-Floating Non-Cumulative Perpetual Preferred Stock, Series D, and 6.875% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series E, will be paid on October 15, 2021, to shareholders of record as of October 1, 2021. Wintrust, with assets exceeding $46 billion, operates community banking and various non-bank services.
Wintrust Financial Corporation (Nasdaq: WTFC) reported net income of $105.1 million ($1.70 per diluted share) for Q2 2021, marking a 33% decline from Q1 2021 but a 400% increase from Q2 2020. Year-to-date net income reached $258.3 million, up from $84.5 million in the same period last year. Total assets climbed by $1.1 billion, with total loans excluding PPP loans increasing by 15% annually. However, mortgage banking revenue dropped to $50.6 million from $113.5 million in Q1 2021. Positive trends include loan growth in various portfolios and a decrease in non-performing loans.
Wintrust Financial Corporation (NASDAQ: WTFC) will release its second quarter and year-to-date 2021 earnings results after market close on July 19, 2021. A conference call is scheduled for July 20, 2021, at 11:00 a.m. CDT. Interested participants can join by calling 877-363-5049 with Conference ID #8765066, or via a simultaneous audio-only webcast on the company's website. Additionally, a replay of the webcast and accompanying presentation will be available post-event. Wintrust, managing approximately $45 billion in assets, emphasizes community banking alongside various non-bank business units.
Wintrust Financial Corporation (Nasdaq: WTFC) has completed a branch purchase and assumption transaction with Greenwoods Financial Group, acquiring three locations from its subsidiary Town Bank in southwestern Wisconsin. The transaction involves approximately $78 million in deposits, aimed at enhancing Greenwoods' presence in the region. Wintrust's CEO notes the focus on customer service continuity during the transition. The financial specifics of the deal remain undisclosed, and the acquisition is part of Wintrust's strategy for community banking growth.
Wintrust Financial Corporation (Nasdaq: WTFC) announced a quarterly cash dividend of $0.31 per share, payable on May 20, 2021 to shareholders of record as of May 6, 2021. Additionally, dividends were approved for two series of preferred stock: 6.50% Fixed-to-Floating Non-Cumulative Perpetual Preferred Stock, Series D and 6.875% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series E, both payable on July 15, 2021 to shareholders of record as of July 1, 2021. Wintrust manages assets exceeding $45 billion and operates over 180 banking locations.
Wintrust Financial Corporation (WTFC) reported record net income of $153.1 million or $2.54 per diluted share for Q1 2021, representing a 144% increase year-over-year. Total assets rose by $601 million while total deposits increased by $780 million. The company recognized $19.2 million in PPP loan fee accretion and originated $1.3 billion in PPP loans this quarter. Non-performing loans decreased to 0.30% of total loans, indicating improved credit quality. The tangible book value per share increased to $55.42, reflecting solid growth.
Wintrust Financial Corporation (Nasdaq: WTFC) will release its first quarter 2021 earnings results on April 19, 2021, after market close. A conference call is scheduled for April 20, 2021, at 10:00 a.m. CDT, accessible via phone or webcast on the company’s website. Wintrust, with approximately $45 billion in assets, offers community banking services across greater Chicago and southern Wisconsin, through its fifteen bank subsidiaries and various non-bank business units.
Wintrust Financial Corporation (Nasdaq: WTFC) reported receiving 6,973 applications for $1.27 billion in loans during the recent Paycheck Protection Program (PPP) round. Approximately 96% of its clients received SBA funding authorization. The company has historically ranked among the largest SBA lenders, with over $1.11 billion in loan requests from Illinois small businesses alone. Wintrust won seven awards from Greenwich Associates for excellence in banking, reinforcing its commitment to clients and communities.
Wintrust Financial Corporation (Nasdaq: WTFC) will present at the RBC Capital Markets Global Financials Conference on March 9-10, 2021. The management team will participate in a panel discussion starting at approximately 4:00 PM ET on March 9. The event will be available via an audio webcast, accessible at www.wintrust.com. A replay of the presentation will be available for up to one year post-conference. Wintrust, with assets exceeding $45 billion, focuses on community banking while offering various non-bank services.
Wintrust Financial Corporation (WTFC) will present at the Raymond James 42nd Annual Institutional Investors Conference held virtually from March 1 - 3, 2021. Wintrust management's Q&A session is set for 10:50 AM ET on March 2, 2021. The event will be accessible via webcast at https://kvgo.com/rjinstitutionalinvestors/wintrust-march-2021 and on Wintrust’s website. A replay will be available for one year after the conference. Wintrust, with over $45 billion in assets, operates 15 community banks in Chicago and southern Wisconsin.
