ROSEMONT, Ill., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation (Nasdaq: WTFC) today announced the appointment of Gina Stuart as its new SVP, Diversity, Equity, and Inclusion. Stuart brings more than 20 years of leadership experience in human resources, including regulatory and compliance, as well as diversity and inclusion. “We are thrilled to welcome Gina to Wintrust,” said Tim Crane, President and CEO of Wintrust. “Given her wealth of experience as a strategic business partner and advoc ...

ROSEMONT, Ill., Aug. 22, 2024 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation (“Wintrust”) (Nasdaq: WTFC) today announced it has selected First Dollar to power health savings accounts, health flexible spending accounts, health reimbursement arrangements, and other employee benefit accounts. Wintrust will leverage First Dollar’s best-in-class technology to enhance and elevate its consumer-directed health and lifestyle accounts portfolio for a fully integrated benefit experience aligned with the Wintrust s ...

财务表现 - 公司在2024年第二季度录得净收入1.524亿美元，较2023年同期的1.548亿美元下降2%[256] - 公司2024年第二季度的净利息收入为4.706亿美元，较2023年同期的4.475亿美元增加5%，主要是由于生息资产的大幅增长[258] - 公司2024年第二季度的非利息收入为1.211亿美元，较2023年同期的1.13亿美元增加7%，主要是由于确认了4.6百万美元的保费融资应收款出售收益以及存款服务费收入增加1.9百万美元[259] - 公司2024年第二季度的非利息支出为3.404亿美元，较2023年同期增加6%，主要是由于工资和员工福利增加1.36亿美元以及软件和设备费用增加300万美元[260] - 公司第二季度净收入为1.524亿美元，同比下降2%[283] - 净收入下降主要由于非利息支出增加所致，部分被净利息收入和非利息收入增加所抵消[284] - 第二季度净利息收入为4.706亿美元，较第一季度增加640万美元，较2023年同期增加2310万美元[290] - 非利息收入同比增加7%至1.211亿美元，主要来自财富管理、服务费和其他收入的增长[300] - 财富管理收入同比增加5%至3541万美元，其中信托和资产管理收入增加1%至2983万美元[300] - 抵押贷款银行业务收入同比下降3%至2912万美元[300] - 投资证券亏损4282万美元[300] - 非利息支出同比增加9%，达到6.73亿美元，主要由于薪酬和佣金支出增加[315][316] - 公司确认了5.16亿美元的FDIC特别评估费用[316] - 公司所得税费用为1.22亿美元，实际税率为26.36%[319] 贷款组合 - 公司贷款组合从2023年6月30日的410亿美元和2023年12月31日的421亿美元增加至2024年6月30日的447亿美元，主要是由于商业贷款、商业房地产贷款、持有待售的住房房地产贷款组合以及财产和意外保险保费融资应收款组合的有机增长[257] - 公司贷款和持有至到期债务证券组合占总资产的81%[274] - 公司维持贷款承诺和信用证的损失准备[274] - 影响商业和商业房地产组合损失准备估计的关键宏观经济变量包括Baa公司信用利差和商业房地产价格指数[275][276] - Baa信用利差上升10-15%会增加商业和商业房地产建筑组合的损失准备估计[278] - 商业房地产价格指数下降10%会增加商业房地产建筑和非建筑组合的损失准备估计95%-100%和55%-60%[280] - 公司采用的损失准备估计方法在2023年10-K表中有详细描述[281][282] - 公司商业和商业房地产贷款占平均贷款组合的比重分别为25%和22%,保费融资业务贷款占比为28%[326,329,331] - 公司继续将部分抵押贷款保留在投资组合中,导致住宅房地产贷款平均余额增加[330] - 公司商业贷款组合的贷款损失准备金从2023年6月30日的143,142千美元增加到2024年6月30日的181,991千美元[11] - 公司商业房地产贷款组合的贷款损失准备金从2023年6月30日的215,696千美元增加到2024年6月30日的223,728千美元[11] - 公司参与抵押贷款仓储贷款业务，为无关联的抵押贷款公司提供临时融资以为其在次级市场出售的住宅抵押贷款提供资金[349] - 公司采用信用风险评级系统，信贷管理人员在贷款发放时给每笔贷款评级，并定期审查贷款以确定其信用风险评级[350] - 如果根据当前信息和事件，公司很可能无法按照贷款协议的合同条款收回全部应收款项，则会对该贷款进行单独评估并计提贷款损失准备[351] - 截至2024年6月30日，不包括政府担保的提前回购贷款，60至89天逾期贷款占总贷款的0.1%，30至59天逾期贷款占总贷款的0.3%[352] - 截至2024年6月30日，不良贷款占总贷款的0.39%，不良资产占总资产的0.32%[353] - 公司认为目前的贷款损失准备水平是适当的，但由于宏观经济的不确定性，未来可能会出现大幅增加[355] - 2024年上半年新增不良贷款775.18万美元，收回和核销不良贷款2.8283亿美元[357] - 公司采用全面、系统化的方法计算贷款损失准备，考虑了各种可用信息和经济因素[358][359] 资金来源 - 公司总存款在2024年6月30日达到480.49亿美元，较2023年6月30日增加40亿美元或9%[367] - 2024年第二季度平均存款为460.93亿美元，较2023年第二季度增加36亿美元或8%[369,370] - 公司主要通过存款来为生息资产提供资金来源，但也使用其他资金来源如FHLB贷款、票据、短期借款、担保借款、次级债券和次级债券等[375] - 2024年6月30日的经纪人存款占总存款的10.3%，2023年12月31日为9.3%[373] - 公司主要将经纪人存款用作资产负债管理工具来管理利率风险，而不是作为流动性资源的重要组成部分[372,374] - 公司其他资金来源的平均余额在2024年第二季度为43.48亿美元，较2023年第二季度增加8.04亿美元[376] - 公司的其他资金来源包括FHLB贷款、票据、短期借款、担保

文章核心观点 - Wintrust Financial Corporation(WTFC)以全股票交易的方式收购Macatawa Bank Corporation,交易金额为5.103亿美元或每股14.85美元 [1] - Macatawa Bank在2024年6月30日拥有27亿美元资产、23亿美元存款和13亿美元贷款 [3] - 此次交易将使Wintrust在密歇根州西部地区拥有更强大的社区银行竞争力,为Macatawa Bank客户提供更多产品和服务 [6][7] 根据相关目录分别进行总结 交易概况 - Wintrust以全股票方式收购Macatawa Bank,交易金额为5.103亿美元 [1] - 每股Macatawa Bank的普通股将转换为0.137股Wintrust的普通股 [4][5] - 此次交易预计不会对Wintrust2024年的收益产生重大影响 [1] 目标公司概况 - Macatawa Bank总部位于密歇根州荷兰,拥有26家全服务网点 [2] - Macatawa Bank在2024年6月30日拥有27亿美元资产、23亿美元存款和13亿美元贷款 [3] - Macatawa Bank的客户服务方式与Wintrust旗下其他15家社区银行相似 [3] 交易动因 - Wintrust希望通过此次收购在密歇根州西部地区拓展业务,Macatawa Bank是一家非常优秀的银行 [6] - Macatawa Bank拥有稳健的核心存款基础、优秀的资产质量、以客户为中心的文化和敬业的领导团队 [6] - 此次交易将使Wintrust在该地区成为一家强大的社区银行竞争对手 [6][7] 其他相关信息 - 过去6个月,WTFC股价上涨13.6%,而同行业上涨23.6% [7] - WTFC目前被评为Zacks排名第3(持有)的股票 [9] - 其他金融公司也在通过并购实现inorganic growth,如Renasant Corp.收购The First Bancshares Inc. [10][11][12],Eastern Bankshares Inc.收购Cambridge Bancorp [13][14]

ROSEMONT, Ill. and HOLLAND, Mich., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation ("Wintrust") (NASDAQ:WTFC) and Macatawa Bank Corporation ("Macatawa") today jointly announced the completion of their previously announced merger whereby Wintrust acquired Macatawa in an all-stock transaction. Macatawa was the parent company of Macatawa Bank, which is headquartered in Holland, Michigan and operates a network of 26 full-service branches located throughout communities in Kent, Ottawa and northe ...

ROSEMONT, Ill. and HOLLAND, Mich., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation (“Wintrust”) (Nasdaq: WTFC) and Macatawa Bank Corporation (“Macatawa”) today jointly announced the completion of their previously announced merger whereby Wintrust acquired Macatawa in an all-stock transaction. Macatawa was the parent company of Macatawa Bank, which is headquartered in Holland, Michigan and operates a network of 26 full-service branches located throughout communities in Kent, Ottawa and north ...

ROSEMONT, Ill., July 25, 2024 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation ("Wintrust" or the "Company") (Nasdaq: WTFC) today announced that the Company's Board of Directors approved a quarterly cash dividend of $0.45 per share of outstanding common stock. The dividend is payable on August 22, 2024 to shareholders of record as of August 8, 2024. Additionally, the Company's Board of Directors approved quarterly cash dividends on outstanding shares of the Company's 6.50% Fixed-to-Floating Non-Cumulative ...

ROSEMONT, Ill., July 25, 2024 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation (“Wintrust” or the “Company”) (Nasdaq: WTFC) today announced that the Company’s Board of Directors approved a quarterly cash dividend of $0.45 per share of outstanding common stock. The dividend is payable on August 22, 2024 to shareholders of record as of August 8, 2024. Additionally, the Company’s Board of Directors approved quarterly cash dividends on outstanding shares of the Company’s 6.50% Fixed-to-Floating Non-Cumulativ ...

Loading...Loading...Wintrust Financial Corporation WTFC reported mixed second-quarter financial results, after the closing bell on Wednesday.Wintrust Financial reported quarterly earnings of $2.32 per share which missed the analyst consensus estimate of $2.42 per share. The company reported quarterly sales of $591.757 million which beat the analyst consensus estimate of $587.329 million, according to data from Benzinga Pro.Timothy S. Crane, President and Chief Executive Officer, said, “We are pleased with o ...

Wintrust Financial Corporation Earnings Release Presentation Q2 2024 Forward Looking Statements PENDING - LEGAL 22 This document contains forward-looking statements within the meaning of federal securities laws. Forward-looking information can be identified through the use of words such as "intend," "plan," "project," "expect," "anticipate," "believe," "estimate," "contemplate," "possible," "will," "may," "should," "would" and "could." Forward-looking statements and information are not historical facts, are ...