NasdaqGS:WTFC

Stock Analysis Report

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Executive Summary

Wintrust Financial Corporation operates as a financial holding company in the Chicago metropolitan area, southern Wisconsin, and northwest Indiana. More Details


Snowflake Analysis

Flawless balance sheet established dividend payer.


Similar Companies

Share Price & News

How has Wintrust Financial's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: WTFC's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

6.7%

WTFC

0.3%

US Banks

-1.4%

US Market


1 Year Return

-22.0%

WTFC

-28.7%

US Banks

17.8%

US Market

Return vs Industry: WTFC exceeded the US Banks industry which returned -28.5% over the past year.

Return vs Market: WTFC underperformed the US Market which returned 18.5% over the past year.


Shareholder returns

WTFCIndustryMarket
7 Day6.7%0.3%-1.4%
30 Day31.8%5.8%4.7%
90 Day12.9%-0.5%8.2%
1 Year-20.3%-22.0%-26.1%-28.7%20.5%17.8%
3 Year-34.6%-37.4%-19.3%-26.0%42.2%32.7%
5 Year4.1%-2.0%14.8%0.6%83.4%62.7%

Price Volatility Vs. Market

How volatile is Wintrust Financial's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Wintrust Financial undervalued compared to its fair value and its price relative to the market?

11.06x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: WTFC ($50.41) is trading above our estimate of fair value ($36.66)

Significantly Below Fair Value: WTFC is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: WTFC is poor value based on its PE Ratio (11.1x) compared to the US Banks industry average (10x).

PE vs Market: WTFC is good value based on its PE Ratio (11.1x) compared to the US market (19x).


Price to Earnings Growth Ratio

PEG Ratio: WTFC is poor value based on its PEG Ratio (1.1x)


Price to Book Ratio

PB vs Industry: WTFC's PB Ratio (0.8x) is in line with the US Banks industry average.


Next Steps

Future Growth

How is Wintrust Financial forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?

10.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: WTFC's forecast earnings growth (10.2% per year) is above the savings rate (2.2%).

Earnings vs Market: WTFC's earnings (10.2% per year) are forecast to grow slower than the US market (22.2% per year).

High Growth Earnings: WTFC's earnings are forecast to grow, but not significantly.

Revenue vs Market: WTFC's revenue is expected to decline over the next 3 years (-2.5% per year).

High Growth Revenue: WTFC's revenue is forecast to decline over the next 3 years (-2.5% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: WTFC's Return on Equity is forecast to be low in 3 years time (6.7%).


Next Steps

Past Performance

How has Wintrust Financial performed over the past 5 years?

17.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: WTFC has high quality earnings.

Growing Profit Margin: WTFC's current net profit margins (19.4%) are lower than last year (25.1%).


Past Earnings Growth Analysis

Earnings Trend: WTFC's earnings have grown by 17.9% per year over the past 5 years.

Accelerating Growth: WTFC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: WTFC had negative earnings growth (-21.8%) over the past year, making it difficult to compare to the Banks industry average (-3%).


Return on Equity

High ROE: WTFC's Return on Equity (6.8%) is considered low.


Next Steps

Financial Health

How is Wintrust Financial's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: WTFC's Assets to Equity ratio (10.9x) is moderate.

Allowance for Bad Loans: WTFC has a sufficient allowance for bad loans (167%).

Low Risk Liabilities: 90% of WTFC's liabilities are made up of primarily low risk sources of funding.

Loan Level: WTFC has an appropriate level of Loans to Assets ratio (72%).

Low Risk Deposits: WTFC's Loans to Deposits ratio (88%) is appropriate.

Level of Bad Loans: WTFC has an appropriate level of bad loans (0.6%).


Next Steps

Dividend

What is Wintrust Financial current dividend yield, its reliability and sustainability?

2.22%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: WTFC's dividend (2.22%) is higher than the bottom 25% of dividend payers in the US market (1.64%).

High Dividend: WTFC's dividend (2.22%) is low compared to the top 25% of dividend payers in the US market (4.68%).


Stability and Growth of Payments

Stable Dividend: WTFC's dividends per share have been stable in the past 10 years.

Growing Dividend: WTFC's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (23.3%), WTFC's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: WTFC's dividends in 3 years are forecast to be well covered by earnings (25.7% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.8yrs

Average management tenure


CEO

Ed Wehmer (66 yo)

22.42yrs

Tenure

US$5,140,088

Compensation

Mr. Edward Joseph Wehmer, also known as Ed, is Founder, CHief Executive Officer and Director at Wintrust Financial Corporation since February 02, 2020. He had been the President at Wintrust Financial Corpo ...


CEO Compensation Analysis

Compensation vs Market: Ed's total compensation ($USD5.14M) is about average for companies of similar size in the US market ($USD5.63M).

Compensation vs Earnings: Ed's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Edward Wehmer
Founder22.42yrsUS$5.14m0.25%
$ 7.4m
Timothy Crane
President0.67yrUS$1.28m0.039%
$ 1.1m
David Stoehr
Executive VP & CFO18yrsUS$1.26m0.021%
$ 622.3k
David Dykstra
Vice Chairman & COO18.75yrsUS$2.09m0.26%
$ 7.6m
Richard Murphy
Vice Chairman & Chief Lending Officer0.67yrUS$1.53m0.059%
$ 1.7m
Tony Buttrick
Executive VP & Chief Information Officer2.67yrsno datano data
Kathleen Boege
Executive VPno datano data0.018%
$ 518.6k
Matthew Doubleday
Senior VP & Chief Marketing Officerno datano datano data
Norah Larke
Senior VP & Chief Human Resources Officer0.33yrno datano data
Thomas Zidar
Executive VP & Market Head of Wealth Management Services14.33yrsno data0.071%
$ 2.0m
David Larson
Executive VP & Regional Market Headno datano data0.016%
$ 477.1k
Guy Eisenhuth
Executive VP & Regional Market Head6.75yrsno data0.025%
$ 725.9k

6.8yrs

Average Tenure

59yo

Average Age

Experienced Management: WTFC's management team is seasoned and experienced (6.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Edward Wehmer
Founder22.42yrsUS$5.14m0.25%
$ 7.4m
Christopher Perry
Independent Director11.42yrsUS$178.02k0.048%
$ 1.4m
William Doyle
Independent Director3.67yrsUS$143.74k0.013%
$ 364.1k
Bruce Crowther
Independent Director22.75yrsUS$204.08k0.066%
$ 1.9m
Ingrid Stafford
Independent Director22.42yrsUS$194.83k0.041%
$ 1.2m
Peter Crist
Independent Director24.75yrsUS$223.25k0.097%
$ 2.8m
Alex Washington
Independent Director0.42yrno data0.0030%
$ 87.7k
Scott Heitmann
Independent Director12.42yrsUS$200.90k0.036%
$ 1.1m
Gary Sweeney
Independent Director5.42yrsUS$154.30k0.011%
$ 324.3k
H. Hackett
Independent Chairman of the Board3.75yrsUS$193.09k0.061%
$ 1.8m
Marla Gay Glabe
Independent Director5.42yrsUS$157.27k0.021%
$ 609.5k
Karin Teglia
Independent Director1.42yrsUS$93.06k0.011%
$ 326.4k

8.4yrs

Average Tenure

66yo

Average Age

Experienced Board: WTFC's board of directors are considered experienced (8.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: WTFC insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Wintrust Financial Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Wintrust Financial Corporation
  • Ticker: WTFC
  • Exchange: NasdaqGS
  • Founded: 1991
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$2.904b
  • Shares outstanding: 57.60m
  • Website: https://www.wintrust.com

Number of Employees


Location

  • Wintrust Financial Corporation
  • 9700 West Higgins Road
  • Suite 800
  • Rosemont
  • Illinois
  • 60018
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WTFCNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDSep 1996
WF2DB (Deutsche Boerse AG)YesCommon StockDEEURSep 1996
WTFC.MNasdaqGS (Nasdaq Global Select)PFD-D FIX/FLTUSUSDJun 2015
WTFC.PNasdaqGS (Nasdaq Global Select)6.875 DP SH PF EUSUSDMay 2020

Biography

Wintrust Financial Corporation operates as a financial holding company in the Chicago metropolitan area, southern Wisconsin, and northwest Indiana. It operates in three segments: Community Banking, Special ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/22 00:38
End of Day Share Price2020/10/21 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.