Wintrust Financial Intrinsic Value – Wintrust Financial Reports Strong Quarterly Earnings Despite Missed Revenue Estimate

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Wintrust Financial ($NASDAQ:WTFC) Corporation has recently reported its quarterly earnings and has exceeded estimates despite missing its revenue projections. The company operates fifteen distinct banking brands, offering a variety of services including commercial banking, retail banking, wealth management, and other financial services. The company has experienced growth in its loan and deposit balances and has seen improvement in its noninterest income.

Price History

On Wednesday, WINTRUST FINANCIAL reported strong quarterly earnings despite missing its revenue estimate, with stock opening at $72.2 and closing at $73.7, up by 2.8% from last closing price of 71.8. Despite missing the revenue estimate, the company’s strong quarterly performance and financial position demonstrate its resilience in these uncertain times. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Wintrust Financial. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Wintrust Financial. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Wintrust Financial. More…

Key Ratios Snapshot

Some of the financial key ratios for Wintrust Financial are shown below. More…

Analysis – Wintrust Financial Intrinsic Value

At GoodWhale, we have conducted an analysis of WINTRUST FINANCIAL‘s wellbeing. After carefully evaluating their performance and financials, our proprietary Valuation Line has determined that the fair value of WINTRUST FINANCIAL share is around $79.9. However, the stock is currently being traded at $73.7, which is 7.8% undervalued compared to its fair price. This represents an excellent opportunity for investors to purchase WINTRUST FINANCIAL share at a discount. More…

Peers

The banking industry is highly competitive, with numerous banks vying for market share. Wintrust Financial Corp is no exception, as it competes against other banks such as First Financial Bancorp, F N B Corp, and First Busey Corp. While each bank has its own strengths and weaknesses, Wintrust Financial Corp has been able to consistently outperform its competitors and maintain a strong market position.

– First Financial Bancorp ($NASDAQ:FFBC)

First Financial Bancorp has a market cap of $2.25 billion as of 2022. The company is a holding company for First Financial Bank, which provides banking and other financial services to businesses and individuals in Ohio, Indiana, and Kentucky. First Financial Bancorp is the parent company of First Financial Bank, which is a regional bank that operates primarily in Ohio, Indiana, and Kentucky. The bank offers a range of banking and other financial services to businesses and individuals, including loans, deposit accounts, and wealth management services.

– F N B Corp ($NYSE:FNB)

The company has a market capitalization of 4.85B as of 2022. It is a provider of banking and financial services. The company operates through three segments: Consumer Banking, Commercial Banking, and Wealth Management. The company offers a range of products and services, including savings and checking accounts, loans, credit cards, and investment products.

– First Busey Corp ($NASDAQ:BUSE)

First Busey Corporation is a bank holding company headquartered in Urbana, Illinois. The Company operates through its banking subsidiary, First Busey Bank. First Busey Bank is a full-service bank offering personal and business banking products and services through 44 locations in Illinois, Indiana and Florida. The Company’s primary focus is serving the needs of individual and business customers in the communities it serves.

Summary

The company reported GAAP earnings per share (EPS) of $2.80, exceeding analyst estimates by $0.28. Total revenue was $565.76 million, missing estimates by $1.92 million. The company’s stock price declined significantly following the earnings release, indicating that investors were not pleased with the results of the financial report. For investor analysis, Wintrust Financial showed a decline in total revenue when compared to the same period last year, and its EPS was below the industry average.

This suggests that there is room for improvement in terms of the company’s financial performance. Investors should consider this information when making decisions regarding their investments in Wintrust Financial stocks.