Wintrust Financial Corp. Profit Rises 14% In Q2

(RTTNews) - Wintrust Financial Corp. (WTFC) announced earnings for its second quarter that rose from last year.

The company said its bottom line climbed to $50.04 million, or $0.90 per share. This was up from $43.83 million, or $0.85 per share, in last year's second quarter.

Analysts had expected the company to earn $0.86 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 11.2% to $260.07 million. This was up from $233.91 million last year.

Wintrust Financial Corp. earnings at a glance:

-Earnings (Q2): $50.04 Mln. vs. $43.83 Mln. last year. -Earnings Growth (Y-o-Y): 14.2% -EPS (Q2): $0.90 vs. $0.85 last year. -EPS Growth (Y-o-Y): 5.9% -Analysts Estimate: $0.86 -Revenue (Q2): $260.07 Mln vs. $233.91 Mln last year. -Revenue Change (Y-o-Y): 11.2%