Keefe, Bruyette & Woods Starts Wintrust Financial (WTFC) at Outperform; In Shareholders' Corner

June 17, 2011 7:35 AM EDT
Get Alerts WTFC Hot Sheet
Price: $162.47 +0.01%

Rating Summary:
    10 Buy, 11 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Keefe, Bruyette & Woods initiates coverage on Wintrust Financial (NASDAQ: WTFC) with an Outperform. PT $37.

KBW analyst says, "For the better part of two decades, Wintrust has adhered to a prudent growth strategy, appropriately balancing, in our view, the projected benefits of increased scale in the highly attractive Chicago market and strong credit quality. What differentiates the company from its peers that pursued similar growth strategies, however, is the prudent management of shareholder capital and material growth in tangible book value, most impressively during the credit cycle."

For more ratings news on Wintrust Financial click here and for the rating history of Wintrust Financial click here.

Shares of Wintrust Financial closed at $31.39 yesterday.


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