Wintrust Financial Q1 Profit Lower, Revenue Higher

MT Newswires Live
22 Apr

Wintrust Financial (WTFC) reported Q1 net income late Monday of $2.69 per diluted share, down from $2.89 a year earlier.

Analysts polled by FactSet expected $2.49.

Net revenue for the quarter ended March 31, expressed as the sum of net interest income and noninterest income, was $643.1 million, up from $604.8 million a year earlier.

Analysts surveyed by FactSet expected $643.5 million.

The shares were up almost 4% in after-hours activity.

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