Trade Wintrust Financial Corp - WTFC CFD

Trading Conditions

• Type:
  CFD

  

  Knock-out

  
• Spread: 0.17
• Long position overnight funding adjustment: -0.02143%
• Short position overnight funding adjustment: -0.00079%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 0.1
• Margin: 20.00%
• Stock exchange: United States of America
• Commission on trade: 0%
• Guaranteed stop premium: 1%

Key Stats

• Prev. Close: 151.12
• Open: 150.76
• 1-Year Change: 31.84%
• Day's Range: 150.56 - 152.1

Trade Wintrust Financial Corp - WTFC CFD

About Wintrust Financial Corp

Wintrust Financial Corporation is a financial holding company. The Company conducts its businesses through three segments: Community Banking, Specialty Finance and Wealth Management. Its Community Banking segment provide community-oriented, personal and commercial banking services to customers, including individuals, small to mid-sized businesses, local governmental units and institutional clients residing primarily in the banks’ local service areas. Its Specialty Finance segment offers financing of insurance premiums for businesses and individuals; accounts receivable financing, value-added, out-sourced administrative services, and other specialty finance businesses. Its Wealth Management segment offers services through its subsidiaries, which include trust and investment services, tax-deferred like-kind exchange services, asset management, securities brokerage services and retirement plan services. It offers MaxSafe deposit accounts, which provide customers with insurance coverage.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Wintrust Financial Corp interest income decreased 1% to $1.28B. Net interest income after loan loss provision increased 14% to $1.18B. Net income applicable to common stockholders increased 61% to $438.2M. Net interest income after loan loss provision reflects Community Banking segment increase of 54% to $928.8M, Speciality Finance segment increase of 12% to $198M.

Equity composition

Common Stock no Par, 05/11, 60M auth., 34,962,816 issd.,. Insiders & strategic holders own 2.1%. PO: 3/97, 1,377,512 shares @ $15.50 by EVEREN Securities. PO 6/02, 1.185M shs @ $28.70 by RBC Capital Markets. 3/02, 3-for-2 stock split.