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Wintrust Financial Q2 Profit Drops


RTTNews | Jul 21, 2020 09:12PM EDT

21:11 Tuesday, July 21, 2020 (RTTNews.com) - Wintrust Financial Corp. (WTFC) reported that its second-quarter net income applicable to common shares dropped to $19.61 million or $0.34 per share from $79.42 million or $1.38 per share in the prior year. Analysts polled by Thomson Reuters expected the company to report earnings of $0.73 per share for the quarter. Analysts' estimates typically exclude special items for the second-quarter.

Net interest income was $263.1 million, a decrease of $3.1 million from the previous year.

But total non-interest income was $161.99 million up from $98.16 million in the prior year.

Read the original article on RTTNews ( https://www.rttnews.com/3112969/wintrust-financial-q2-profit-drops.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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