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Wintrust Financial Corp. (WTFC) reported that its first-quarter net income applicable to common shares surged to $146.16 million or $2.54 per share from $60.76 million or $1.04per share in the previous year. Analysts polled by Thomson Reuters expected the company to report earnings of $1.41 per share for the first-quarter. Analysts' estimates typically exclude special items.


RTTNews | Apr 19, 2021 11:07PM EDT

23:07 Monday, April 19, 2021 (RTTNews.com) - Wintrust Financial Corp. (WTFC) reported that its first-quarter net income applicable to common shares surged to $146.16 million or $2.54 per share from $60.76 million or $1.04per share in the previous year. Analysts polled by Thomson Reuters expected the company to report earnings of $1.41 per share for the first-quarter. Analysts' estimates typically exclude special items.

Quarterly net interest income totaled $261.9 million, an increase of $452,000 as compared to the first quarter of 2020.

Total non-interest income for the quarter was $186.51 million, up from $113.24 million in the previous year.

Read the original article on RTTNews ( https://www.rttnews.com/3186150/wintrust-financial-q1-profit-rises.aspx)

For comments and feedback: contact editorial@rttnews.com

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