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Regional Banks Q2 Earnings: City Holding Beats, Banc of California Misses
City Holding reported second-quarter revenue of $81.73 million, up 3.8% year over year and 1.3% above analyst expectations, while its stock has risen 5.9% since the report to $142.92. Among the 95 regional banks tracked, OFG Bancorp was the best performer with revenue of $190.3 million, up 4.4% and beating estimates by 3.9%, while Banc of California was the weakest with revenue of $285.7 million, up 4.7% but missing estimates by 3.1% and seeing its stock fall 10.4% to $18.98. Wintrust Financial reported revenue of $739.5 million, up 9.9% and in line with expectations, but its stock is down 6.3% to $153.43, and FB Financial reported revenue of $175.9 million, up 27.5% but 0.7% below estimates, with its stock up 5.2% to $59.50.
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Five Nasdaq Stocks Go Ex-Dividend August 6, Requiring Purchase by Today
Five Nasdaq-listed companies—Wintrust Financial, Silicon Motion Technology, Franklin Electric, TriMas, and Eagle Bancorp—all go ex-dividend on August 6, 2026, meaning investors must buy shares by market close today, August 5, to qualify for their upcoming quarterly payouts. Wintrust Financial raised its dividend 10% to $0.55 per share, yielding 1.32%, while Franklin Electric extended a multi-decade streak of increases with a $0.28 payout. Silicon Motion Technology offers a $0.50 dividend but has surged 184% year to date on AI storage demand, making its 0.79% yield a thin label on a high-growth stock. Eagle Bancorp slashed its dividend 94% to just $0.01 amid negative earnings and $47.9 million in net charge-offs, flagging it as a credit turnaround bet rather than an income play. TriMas pays a token $0.04 quarterly dividend, unchanged for years, representing a modest capital-return feature.
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Wintrust Financial declares $0.55 quarterly common stock dividend
Wintrust Financial Corporation's board has approved a quarterly cash dividend of $0.55 per share of outstanding common stock, payable on August 20, 2026, to shareholders of record as of August 6, 2026. The board also approved a cash dividend on the company's 7.875% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series F, payable on October 15, 2026, to shareholders of record as of October 1, 2026. Wintrust is a financial holding company with $74.7 billion in assets, traded on the Nasdaq Global Select Market under the symbol WTFC.
Wintrust Financial Reports Record Q2 Net Income of $233.7 Million
Wintrust Financial reported a record second quarter with net income of $233.7 million, marking its sixth consecutive record quarter driven entirely by organic growth. Deposits rose $2.2 billion and loans increased $1.6 billion, with management saying growth was broad-based across lending segments while the net interest margin stayed stable at 3.52%. Credit quality remained solid, with non-performing loans and charge-offs improving, and the bank continues to invest in branch expansion, digital banking and wealth management to support future growth.
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Wintrust Financial to report earnings Monday after market close
Wintrust Financial will report its quarterly results this Monday after market hours. Analysts expect revenue to grow 9.3% year on year, a slowdown from the 12.4% increase in the same quarter last year. The company beat revenue expectations last quarter with $715.8 million, up 11.4% year on year, but missed on tangible book value per share. Peers M&T Bank and Commerce Bancshares have already reported Q2 results, with M&T Bank posting 5.5% revenue growth and Commerce Bancshares up 11.9%, both beating estimates. Wintrust Financial shares are up 5.4% over the last month, heading into earnings with an average analyst price target of $179.14 versus the current share price of $164.23.
Wintrust to acquire Northern Trust's guardianship services business
Wintrust Financial announced that its unit Wintrust Private Trust Company has agreed to acquire the guardianship services business of Northern Trust for an undisclosed amount. The deal, expected to close later in 2026, involves a business that provides court-appointed fiduciary and financial oversight for individuals unable to manage their own affairs, managing about $1.2 billion in assets. Wintrust said the acquisition will expand its guardianship services in Chicago and surrounding counties, and the guardianship team will move to Wintrust after closing. Northern Trust shares edged up 0.03 percent to $181.20 after hours, while Wintrust shares closed 0.99 percent higher at $162.79.
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Wintrust Financial Q1 Revenue Rises 11.4% to $715.8 Million
Wintrust Financial reported first-quarter revenues of $715.8 million, an 11.4% increase from a year earlier and 1.2% above analyst expectations. The results were part of a mixed quarter for the Chicago-area regional bank, which beat earnings per share estimates but missed on tangible book value per share. Among 91 tracked regional banks, aggregate revenues were in line with consensus, and the group’s shares have risen 3.4% on average since reporting. UMB Financial posted the strongest performance with a 29.3% revenue jump to $744.8 million, while BankUnited was the weakest, missing revenue estimates by 5.1% with $273.8 million.