ROSEMONT, Ill. (AP) — ROSEMONT, Ill. (AP) — Wintrust Financial Corp. (WTFC) on Monday reported first-quarter profit of $189 million.
The Rosemont, Illinois-based bank said it had earnings of $2.69 per share.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $2.52 per share.
The bank holding company posted revenue of $1 billion in the period. Its revenue net of interest expense was $643.1 million, which also topped Street forecasts. Three analysts surveyed by Zacks expected $643 million.
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