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Stock Market & Financial Investment News

News Breaks
January 17, 2013
16:04 EDTWTFCWintrust Financial reports Q4 EPS 61c, consensus 60c
News For WTFC From The Last 14 Days
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July 15, 2015
16:14 EDTWTFCWintrust Financial reports Q1 EPS 85c, consensus 81c
Commenting on credit quality, the company said, "The allowance for loan losses as a percentage of non-performing loans, excluding covered loans, increased to 131% during the quarter, exhibiting greater coverage for non-performing credits. Additionally, low net charge-offs continued in the current quarter with net charge-offs totaling $3.9M, while our provision for credit losses increased compared to recent quarters as a result of the strong loan growth during the current quarter. Overall, credit quality metrics improved during the period, continuing to rival the pre-credit crisis levels experienced between 2005 and 2008. We believe that the company's reserves remain appropriate."

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