ROSEMONT, Ill. (AP) — ROSEMONT, Ill. (AP) — Wintrust Financial Corp. (WTFC) on Monday reported third-quarter net income of $170 million.
The bank, based in Rosemont, Illinois, said it had earnings of $2.47 per share.
The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $2.50 per share.
The bank holding company posted revenue of $1.02 billion in the period. Its revenue net of interest expense was $615.7 million, which also missed Street forecasts. Four analysts surveyed by Zacks expected $621.4 million.
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