Wintrust Financial Corporation reports news on its community banking, specialty finance and wealth management businesses. The financial holding company serves markets in greater Chicago, southern Wisconsin, west Michigan, northwest Indiana and southwest Florida through community bank subsidiaries and non-bank units.
Recurring updates cover quarterly earnings, net interest income, loan and deposit trends, dividends on common and preferred securities, board governance and investor conference participation. Company news also reflects business lines such as residential mortgage origination, commercial and life insurance premium financing, short-term accounts receivable financing for the temporary staffing industry and qualified intermediary services for tax-deferred exchanges.
Wintrust Financial Corporation (NASDAQ: WTFC) has achieved the highest ranking in the J.D. Power 2022 U.S. Retail Banking Satisfaction Study for the Illinois Region. This ranking, derived from over 101,000 customer responses, reflects Wintrust’s excellence in overall satisfaction and service categories such as trust, problem resolution, and convenience. Wintrust operates over 170 banking locations, emphasizing community banking and customer relationships. The company, with approximately $50 billion in assets, continues to receive recognition for its innovative services and commitment to its customers.
Wintrust Financial Corporation (NASDAQ: WTFC) announces it will release its Q1 2022 earnings on April 19, 2022, after market close, followed by a conference call on April 20, 2022, at 12:00 p.m. ET. Interested participants can join by dialing 877-363-5049 with Conference ID #6069787 or via webcast on the company's website. A replay of the call and slide presentation will be available after the event.
Wintrust boasts approximately $50 billion in assets and operates over 170 banking locations in the Greater Chicago area and Southern Wisconsin.
Wintrust Financial Corporation (Nasdaq: WTFC) will participate in the RBC Capital Markets Global Financial Institutions Virtual Conference on March 8-9, 2022. Management is scheduled for a panel discussion at approximately 4:00 PM ET on March 8. The event can be accessed via an audio webcast on Wintrust's website or through the provided link. A replay will be available for up to one year for those unable to attend. Wintrust operates fifteen community bank subsidiaries and offers a range of financial services, boasting approximately $50 billion in assets.
Wintrust Financial Corporation (NASDAQ: WTFC) will present at the Raymond James 43rd Annual Institutional Investors Conference in Orlando, Florida, from March 6-9, 2022. Management will participate in a Q&A session on March 8 at 1:40 PM ET. The event will be webcast, accessible at this link or through Wintrust's website. Wintrust, with assets of around $50 billion, focuses on community banking while offering advanced technology. A replay will be available for one year post-conference.
Wintrust Financial Corporation (Nasdaq: WTFC) has announced a commitment of $50 million for Wintrust Ventures, aimed at investing in late seed or Series A funding opportunities. Since its inception in 2015, Wintrust Ventures has made 102 investments across 42 high-growth companies. This additional funding seeks to empower early-stage businesses, particularly in sectors like Enterprise SaaS and Healthcare IT. Wintrust emphasizes its role as a strategic partner, providing not just capital but also guidance and banking services to support innovation.
Wintrust Financial Corporation (Nasdaq: WTFC) announced a quarterly cash dividend of $0.34 per share, representing a 9.7% increase from the $0.31 dividend paid in 2021. The dividend will be payable on February 24, 2022 to shareholders of record as of February 10, 2022. Additionally, dividends for the Company's preferred stock are scheduled for April 15, 2022. Wintrust, with assets exceeding $50 billion, provides community banking and various financial services across over 170 locations in Illinois and Wisconsin.
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Wintrust Financial Corporation (WTFC) reported net income of $98.8 million in Q4 2021, down 11% from Q3 2021. However, annual net income reached a record $466.2 million, up 59% from $293 million in 2020. Total assets increased by $2.3 billion to $50.1 billion, driven by a $2.0 billion rise in loans, excluding PPP loans. Non-performing loans decreased to 0.21% of total loans. Net interest income rose by $8.5 million, despite a slight decline in net interest margin to 2.54%. The company recorded a provision for credit losses of $9.3 million, reflecting strong loan growth.
Wintrust Financial Corporation (Nasdaq: WTFC) will announce its fourth quarter and year-to-date 2021 earnings on January 19, 2022, after market close. A conference call is scheduled for January 20, 2022, at 12:00 p.m. EST, accessible via phone or webcast. With approximately $48 billion in assets, Wintrust focuses on community banking and offers various financial services through its fifteen subsidiaries in the Chicago and southern Wisconsin areas. A replay of the call and earnings release will be available on the company’s website following the event.
Summary not available.