Wintrust Financial highlights fall-off in core pre-tax earnings in 2011
The growth in core pre-tax earnings in 2011 has been hampered by an industry-wide fall-off in residential real estate loan originations and a significant decline in the accretable discount recognized as interest income on our purchased life insurance premium finance portfolio as prepayments declined. The decline in the accretable discount recognized as interest income on our purchased life insurance premium finance portfolio negatively impacted our reported net interest margins by 12 basis points on a sequential basis and 10 basis points on a year-to-date basis. :theflyonthewall.com
News For WTFC From The Last 14 Days
Check below for free stories on WTFC the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
