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WTFC — Wintrust Financial News Story

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Wintrust Financial Q3 revenue slightly beats on strength in wealth management segment

Wintrust Financial Q3 revenue slightly beats on strength in wealth management segment


Overview

  • US regional bank's Q3 revenue slightly beat analyst expectations

  • Q3 net income and diluted EPS rose year-over-year

  • Net interest income increased sequentially, driven by loan and deposit growth


Outlook

  • Company expects to deliver further revenue growth in the remainder of the year

  • Company aims for balance sheet growth and positive operating leverage for the full year

  • Wintrust expects continued loan growth in the fourth quarter of 2026


Result Drivers

  • EARNING ASSET GROWTH - Co said net interest income rose due to growth in average earning assets

  • LOAN AND DEPOSIT GROWTH - Co attributed loan and deposit increases to diversified portfolios and product offerings

  • WEALTH MANAGEMENT FEES - Co said higher assets under management drove increased wealth management revenue


Company press release: ID:nGNX4XsFcc


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

Slight Beat*

$757.9 mln

$754.19 mln (13 Analysts)

Q3 EPS

$3.37

Q3 Net Income

$239.1 mln

Q3 Net Interest Income

$621.6 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 11 "strong buy" or "buy", 5 "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 Corporation is $177.50, about 23.2% above its October 16 closing price of $144.08

  • The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 12 three months ago


Reuters Recommended Reads

  • Oct 19 - Western Alliance Bancorp Q3 revenue slightly beats estimates, profit rises on wider interest margin

  • Oct 19 - Zions Bancorp Q3 EPS rises 20% on improved credit quality

  • Oct 19 - ServisFirst Bancshares Q3 profit jumps on loan growth, wider interest margin


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.)

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