Wintrust Fincl Stock Price, News & Analysis

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.

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.

Wintrust Financial Corporation (NASDAQ: WTFC) and Armed Forces Bank received the 2021 Community Impact Award at the CRA & Fair Lending Colloquium held on November 16-17. This recognition is for their innovative programs aiding low- and moderate-income communities. Wintrust's PPP Resource Centers helped over 1,000 businesses secure $17 million in loans during the pandemic. Meanwhile, Armed Forces Bank's Access Loan Program has supported 4,300 military families with immediate financial needs, showcasing effective banking solutions that positively impact community welfare.