USX:WTFCM - Wintrust Financial Corp Wintrust Financial Corp Pref
Sector: Financials, Industry: Regional Banks
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USD 23.35    -0.3 (-1.27%)

28 Mar 2024


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General

CEO: Mr. Edward Joseph Wehmer

IPO: 2015-07-09

Headquarters: US

Employees: 5,275

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Description

Wintrust Financial Corp is a financial holding company operating in the Chicago metropolitan area and southern Wisconsin through its wholly-owned banking subsidiaries. Wintrust conducts its business through three segments: community banking, specialty finance, and wealth management. Among other services, the company provides community-oriented, personal, and commercial banking, as well as the origination and purchase of residential mortgages for sale into the secondary market. A majority of its banks are banks chartered by the state of Illinois with scores of locations. The company has historically grown through both de novo organization and acquisitions. A majority of its loan portfolio is commercial, mostly in real estate. A majority of Wintrust's net revenue is net interest income.

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