Company
Wintrust Financial Corporation
Headquarters: Rosemont, IL, United States
Founded: 1991 Lake Forest, Illinois
Employees: 5,239
CEO: Mr. Edward Joseph Wehmer
Market Cap
$5.60 Billion
USD as of Jan. 1, 2024
Wintrust Financial Corporation Categories
United States Financials Banks—RegionalUnited States Financials United States Banks—Regional
Top Competitors by Market Capitalization
Industry: Banks—Regional
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|---|---|
| HDFC Bank | $167.72 B |
| China Merchants Bank | $98.57 B |
| Al Rajhi Banking and Investment Corp | $93.33 B |
| ICICI Bank Limited | $83.47 B |
| BNP Paribas SA | $80.01 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Berkshire Hathaway | $797.77 B |
| Visa | $530.20 B |
| JPMorgan | $495.55 B |
| Mastercard | $392.71 B |
| Bank of America | $267.48 B |
Detailed Description
Wintrust Financial Corporation operates as a financial holding company. It operates in three segments: Community Banking, Specialty Finance, and Wealth Management. The Community Banking segment offers non-interest bearing deposits, non-brokered interest-bearing transaction accounts, and savings and domestic time deposits; home equity, consumer, and real estate loans; safe deposit facilities; and automatic teller machine (ATM), online and mobile banking, and other services. It also engages in the retail origination and purchase of residential mortgages for sale into the secondary market; and provision of lending, deposits, and treasury management services to condominium, homeowner, and community associations, as well as asset-based lending for middle-market companies. In addition, this segment offers loan and deposit services to mortgage brokerage companies; lending to restaurant franchisees; direct leasing; small business administration loans; commercial mortgages and construction loans; and financial solutions. It provides personal and commercial banking services primarily to individuals, small to mid-sized businesses, local governmental units, and institutional clients. The Specialty Finance segment offers commercial and life insurance premiums financing for businesses and individuals; accounts receivable financing, value-added, and out-sourced administrative services; and other specialty finance services, as well as data processing of payrolls, billing, and cash management services to temporary staffing industry. The Wealth Management segment provides trust and investment, asset management, tax-deferred exchange, securities brokerage, and retirement plan services. The company operates 173 banking facilities and 228 ATMs in the Chicago metropolitan area, southern Wisconsin, northwest Indiana, and Florida. Wintrust Financial Corporation was founded in 1991 and is headquartered in Rosemont, Illinois.
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Stocks & Indices
Wintrust Financial Corporation has the following listings and related stock indices.
Stock: NASDAQ: WTFC wb_incandescent
Stock: FSX: WF2 wb_incandescent
Stock: NASDAQ: WTFCP wb_incandescent
Stock: NASDAQ: WTFCM wb_incandescent
Key People
Founder(s): Ed Wehmer
Ed Wehmer, CEO & Chairman; Tim Crane, President; David Dykstra, Vice Chairman & COO
Financials
Revenue: $ 1.462 billion (2019)
Net income: $355,697 million (2019)
Total assets: $ 36.62 billion (2019)