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via finance.yahoo.comBusiness & Companies

Wintrust: third-quarter earnings beat analyst expectations

FROM THE WIRE · FINANCE.YAHOO.COM

ROSEMONT, Ill. (AP) — ROSEMONT, Ill. (AP) — Wintrust Financial Corp. (WTFC) on Monday reported third-quarter net income of $239.1 million. The bank, based in Rosemont, Illinois, said it had earnings of $3.37 per share. The results surpassed Wall Street expectations. The average…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishAn earnings beat for a regional bank can support the stock in the short term.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Wintrust reported third-quarter net income of $239.1 million.
  2. 02Earnings per share were $3.37 versus $3.29 expected.
  3. 03Revenue net of interest expense was $760.6 million, above forecasts.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Wintrust Financial CorporationWTFCStock142.44 USDMarket closedtoday -1.14%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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