Wintrust Financial CorporationEarnings report expected with revenue growth slowdown; prior quarter beat revenue but missed tangible book value per share.
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 Financial CorporationEarnings report expected with revenue growth slowdown; prior quarter beat revenue but missed tangible book value per share.
Commerce Bancshares IncMentioned as peer that beat estimates with 11.9% revenue growth, providing context but no direct impact.
M&T Bank CorporationMentioned as peer that beat estimates with 5.5% revenue growth, providing context but no direct impact.