ROSEMONT, Ill. (AP) — ROSEMONT, Ill. (AP) — Wintrust Financial Corp. (WTFC) on Tuesday reported fourth-quarter net income of $223 million.
The Rosemont, Illinois-based bank said it had earnings of $3.15 per share.
The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.93 per share.
The bank holding company posted revenue of $1.09 billion in the period. Its revenue net of interest expense was $714.3 million, also beating Street forecasts. Three analysts surveyed by Zacks expected $699.7 million.
For the year, the company reported profit of $823.8 million, or $11.40 per share. Revenue was reported as $2.73 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WTFC at https://www.zacks.com/ap/WTFC
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