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Stock impact report

Wintrust Financial Corporation Announces the Closing of the Acquisition of Countryside Bank

Wintrust Financial Corporation (WTFC) 
Last wintrust financial corporation earnings: 4/21 06:15 pm Check Earnings Report
US:NASDAQ Investor Relations: wintrust.com/investor-relations.html
Company Research Source: GlobeNewswire
ROSEMONT, Ill., Nov. 01, 2019 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation (“Wintrust”) (Nasdaq: WTFC) today announced the completion of its previously announced acquisition of SBC, Incorporated (“SBC”). SBC is the parent company of Countryside Bank, an Illinois state-chartered bank, which operates six banking offices located in the communities of Countryside, Burbank, Darien, Homer Glen, Oak Brook and Chicago, Illinois. As of October 31, 2019, Countryside Bank had approximately $578 million in assets, approximately $434 million in loans and approximately $501 million in deposits.  Edward J. Wehmer, President and CEO of Wintrust, said, “This transaction further develops our market presence in the western suburbs of the Chicago metropolitan area. Countryside Bank has a long history of providing outstanding customer service using a community banking approach. We look forward to continuing that tradition and to providing its customers with an expanded array of products, services Show less Read more
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