Wintrust Fin (WTFC) Announces Quarterly Earnings Results, Misses Expectations By $-0.07 EPS

Wintrust Fin (WTFC) announced its quarterly earnings results on Tuesday, Jan-19-2016. The company reported $0.71 Earnings Per Share for the quarter, missing the analyst consensus estimate by $-0.07. Analyst had a consensus of $0.78 EPS. Analysts had expectated $232.80 million in Revenue. During the same quarter in the previous year, Wintrust Fin posted $0.75 EPS.

Wintrust Financial Corporation has dropped 8.59% during the last 3-month period . Year-to-Date the stock performance stands at 4.68%.

Wintrust Financial Corporation (NASDAQ:WTFC) has lost 1.52% during the past week and dropped 7.21% in the last 4 weeks. The shares are however, negative as compared to the S&P 500 for the past week with a loss of 0.7%. Wintrust Financial Corporation (NASDAQ:WTFC) has underperformed the index by 5.04% in the last 4 weeks. Investors should watch out for further signals and trade with caution.

Shares of Wintrust Financial Corporation (NASDAQ:WTFC) ended Thursday session in red amid volatile trading. The shares closed down 0.65 points or 1.32% at $48.52 with 187,646 shares getting traded. Post opening the session at $49.09, the shares hit an intraday low of $48.49 and an intraday high of $49.34 and the price vacillated in this range throughout the day. The company has a market cap of $2,347 million and the number of outstanding shares have been calculated to be 48,367,147 shares. The 52-week high of Wintrust Financial Corporation (NASDAQ:WTFC) is $55.79 and the 52-week low is $41.04.

Currently the company Insiders own 2.1% of Wintrust Financial Corporation shares according to the proxy statements. Institutional Investors own 93.2% of Wintrust Financial Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -18.66%. On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, The Securities and Exchange Commission has divulged that Pattis Lisa J, officer (EVP, GENERAL COUNSEL AND SEC) of Wintrust Financial Corp, had unloaded 3,732 shares at an average price of $54.37 in a transaction dated on August 5, 2015. The total value of the transaction was worth $202,909.

Wintrust Financial Corporation (Wintrust), is a financial holding company. The Company provides personal and commercial banking services to customers located in the Chicago metropolitan area and in southeastern Wisconsin through its 15 wholly owned banking subsidiaries (the banks), as well as the origination and purchase of residential mortgages for sale into the secondary market through Wintrust Mortgage, a division of Barrington Bank and Trust Company, N.A. (Barrington Bank). It provides specialty finance services, including financing for the payment of commercial insurance premiums and life insurance premiums on a national basis through its wholly-owned subsidiary, First Insurance Funding Corporation (FIFC) and short-term accounts receivable financing and outsourced administrative services through its wholly owned subsidiary, Tricom, Inc. of Milwaukee (Tricom). In April 2014, Wintrust Financial Corporation acquired Policy Billing Services Inc and Equity Premium Finance Inc.