Wintrust Financial beats Q1 profit estimates on loan and deposit growth

Wintrust Financial

20/04/2026 21:25

Overview

U.S. regional bank's Q1 revenue showed slight beat, adjusted EPS beat analyst expectations

Company reported record net income and continued loan and deposit growth

Net interest income fell slightly due to fewer calendar days in the qtr

Outlook

Company expects sustained balance sheet growth for the remainder of 2026

Wintrust sees solid commercial and commercial real estate loan pipelines for Q2 2026

Company says macroeconomic forecast remains mostly stable but notes uncertainty around credit spreads and equity valuations

Result Drivers

LOAN AND DEPOSIT GROWTH - Broad-based loan growth and robust deposit generation supported balance sheet expansion

NET INTEREST MARGIN - Net interest margin improved by two basis points to 3.56% (fully taxable-equivalent), as lower funding costs on deposits offset a decline in loan yields

NON-INTEREST INCOME - Higher wealth management and mortgage banking revenues contributed to increased non-interest income

Company press release: ID:nGNX68sB8B

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Slight Beat*
$713.17 mln
$707.39 mln (9 Analysts)
Q1 EPS
Beat
$3.22
$2.97 (11 Analysts)
Q1 Net Income
$227.39 mln
Q1 Net Interest Income
$579.02 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy"

Wall Street's median 12-month price target for Wintrust Financial Corp is $174.00, about 17.4% above its April 17 closing price of $148.17

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 12 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)