19.01.2016 13:04:38
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Wintrust Financial Corp. Reports 12% Fall In Q4 Earnings
(RTTNews) - Wintrust Financial Corp. (WTFC) reported earnings for fourth quarter that decreased from last year.
The company said its bottom line totaled $33.46 million, or $0.64 per share. This was lower than $38.13 million, or $0.75 per share, in last year's fourth quarter.
Analysts had expected the company to earn $0.78 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 9.9% to $232.30 million. This was up from $211.38 million last year.
Wintrust Financial Corp. earnings at a glance:
-Earnings (Q4): $33.46 Mln. vs. $38.13 Mln. last year. -Earnings Decline (Y-o-Y): -12.2% -EPS (Q4): $0.64 vs. $0.75 last year. -EPS Decline (Y-o-Y): -14.7% -Analysts Estimate: $0.78 -Revenue (Q4): $232.30 Mln vs. $211.38 Mln last year. -Revenue Change (Y-o-Y): 9.9%
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