18.04.2016 22:18:44
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Wintrust Financial Corp. Reveals 26% Gain In Q1 Bottom Line
(RTTNews) - Wintrust Financial Corp. (WTFC) reported earnings for its first quarter that increased from last year.
The company said its bottom line came in at $49.11 million, or $0.90 per share. This was higher than $39.05 million, or $0.76 per share, in last year's first quarter.
Analysts had expected the company to earn $0.73 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 11.0% to $240.26 million. This was up from $216.43 million last year.
Wintrust Financial Corp. earnings at a glance:
-Earnings (Q1): $49.11 Mln. vs. $39.05 Mln. last year. -Earnings Growth (Y-o-Y): 25.8% -EPS (Q1): $0.90 vs. $0.76 last year. -EPS Growth (Y-o-Y): 18.4% -Analysts Estimate: $0.73 -Revenue (Q1): $240.26 Mln vs. $216.43 Mln last year. -Revenue Change (Y-o-Y): 11.0%
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