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Stock impact report

Wintrust Financial Corporation Reports Record First Quarter 2024 Net Income

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., April 17, 2024 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation (“Wintrust”, “the Company”, “we” or “our”) (Nasdaq: WTFC) announced record quarterly net income of $187.3 million or $2.89 per diluted common share for the first quarter of 2024, an increase in diluted earnings per common share of 55% compared to the fourth quarter of 2023. Pre-tax, pre-provision income (non-GAAP) totaled a record $271.6 million, up 30% as compared to $208.2 million in the fourth quarter of 2023. Timothy S. Crane, President and Chief Executive Officer, commented, “Following record net income in 2023, we continued our momentum with strong results to start 2024. We leveraged our balanced, multi-faceted business model and position as Chicago’s and Wisconsin’s bank to grow deposits and loans while maintaining our consistent credit standards coupled with expense management.” Additionally, Mr. Crane noted, “The first quarter exhibited funding strong loan growth with competitively-priced de Show less Read more
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