WTFC Stock Summary and Trading Ideas (Wintrust Finl | NASDAQ:WTFC)

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.

Wintrust Finl trades on the NASDAQ stock market under the symbol WTFC.

As of April 19, 2024, WTFC stock price climbed to $97.31 with 356,041 million shares trading.

WTFC has a beta of 1.39, meaning it tends to be more sensitive to market movements. WTFC has a correlation of 0.33 to the broad based SPY ETF.

WTFC has a market cap of $6.01 billion. This is considered a Mid Cap stock.

Last quarter Wintrust Finl reported $605 million in Revenue and $2.89 earnings per share. This beat revenue expectation by $27 million and exceeded earnings estimates by $.47.

In the last 3 years, WTFC stock traded as high as $105.56 and as low as $57.48.

The top ETF exchange traded funds that WTFC belongs to (by Net Assets): VTI, IJH, VB, VBR, VXF.

WTFC has outperformed the market in the last year with a price return of +37.9% while the SPY ETF gained +21.2%. However, in the short term, WTFC had mixed performance relative to the market. It has underperformed in the last 3 months, returning +2.2% vs +4.3% return in SPY. But in the last 2 weeks, WTFC shares have fared better than the market returning -2.7% compared to SPY -3.5%.

WTFC support price is $93.83 and resistance is $96.77 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that WTFC stock will trade within this expected range on the day.