Wintrust: Q3 Earnings Snapshot


Wintrust: Q3 Earnings Snapshot

ROSEMONT, Ill. (AP) -- ROSEMONT, Ill. (AP) -- Wintrust Financial Corp. (WTFC) on Monday reported third-quarter net income of $170 million.

The bank, based in Rosemont, Illinois, said it had earnings of $2.47 per share.

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The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $2.50 per share.

The bank holding company posted revenue of $1.02 billion in the period. Its revenue net of interest expense was $615.7 million, which also missed Street forecasts. Four analysts surveyed by Zacks expected $621.4 million.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WTFC at https://www.zacks.com/ap/WTFC

For copyright information, check with the distributor of this item, STATS Perform dba Automated Insights.

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