Wintrust Financial Corp. Bottom Line Drops 2% In Q3

(RTTNews) - Wintrust Financial Corp. (WTFC) revealed a profit for third quarter that declined compared to the same period last year.

The company said its profit totaled $39.30 million, or $0.75 per share. This was down from $40.22 million, or $0.79 per share, in last year's third quarter.

Analysts had expected the company to earn $0.85 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 10.0% to $230.49 million. This was up from $209.62 million last year.

Wintrust Financial Corp. earnings at a glance:

-Earnings (Q3): $39.30 Mln. vs. $40.22 Mln. last year. -Earnings Decline (Y-o-Y): -2.3% -EPS (Q3): $0.75 vs. $0.79 last year. -EPS Decline (Y-o-Y): -5.1% -Analysts Estimate: $0.85 -Revenue (Q3): $230.49 Mln vs. $209.62 Mln last year. -Revenue Change (Y-o-Y): 10.0%