Wintrust Financial Corp (WTFC) Reports Q1 EPS of 90c
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Wintrust Financial Corporation Reports Record First Quarter 2016 Net Income, an Increase of 26% Over Prior Year
April 18, 2016 4:02 PM EDTROSEMONT, Ill., April 18, 2016 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation (Wintrust or the Company) (Nasdaq: WTFC) announced net income of $49.1 million or $0.90 per diluted common share for the first quarter of 2016 compared to net income of $35.5 million or $0.64 per diluted common share for the fourth quarter of 2015 and $39.1 million or $0.76 per diluted common share for the first quarter of 2015.Â
Highlights compared with the Fourth Quarter of 2015*:Â
Total loans, excluding covered loans and mortgage loans held-for-sale, increased by $328 million, or 8% on annualized basis, to $17.4 billion.Total assets increased by 10% on an annualized... More