Wintrust Financial Q1 Revenue Rises 11.4% to $715.8 Million

Earnings
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Summary · why it matters

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.

Impact on stocks 5

Financials± Mixed · 5 stocks
BankUnited Inc
BKU
▼ NegativeCapitalrelevance

BankUnited missed revenue estimates by 5.1%, the weakest among tracked banks.