WTFC - Wintrust Financial: Rosy Earnings Outlook Due To Team Expansion Deposit Repricing

• The economic reopening and hiring of salespeople will likely drive loan growth this year.
• A large part of the certificates of deposit book is scheduled to mature this year. The maturity will significantly reduce the funding cost.
• The provision expense will likely remain subdued in the year ahead.
• The December 2021 target price suggests a small upside from the current market price. Further, Wintrust Financial is offering a low dividend yield.

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