Wintrust Financial Corporation: Clear Improvements, But The Opportunity To Buy Has Faded
Source: SeekingAlpha
2025-04-26 10:09:52 ET
Summary
- WTFC has shown resilience with growing deposits outpacing loans, but the current share price is too high to recommend a buy.
- Despite macroeconomic uncertainties like tariffs and inflation, WTFC's loan quality remains strong, with non-performing loans at a low 0.35%.
- The bank's dividend sustainability and growth is exceptional, but the dividend yield is quite low for a passive income investor.
- I would consider it a buy, if the TBV per share were around 1.20x.
In my last article on Wintrust Financial Corporation ( WTFC ) , I highlighted my concerns about a slowdown in demand for credit and an overvaluation of this bank. A few months later, WTFC has fallen 17%, but I still don't think it's a buy. If I had written the article at the beginning of the month, the rating would probably be different: at $90 per share, it's definitely a buy....
Read the full article on Seeking Alpha
For further details see:
Wintrust Financial Corporation: Clear Improvements, But The Opportunity To Buy Has Faded
Wintrust Financial Corporation Depositary Shares Each Representing a 1/1000th Interest in a Share of 6.875% Fixed-Rate Reset Non-Cumulative Perpetual Preferred
NASDAQ: WTFCP
WTFCP Trading
0.0% G/L:
$25 Last:
12,564 Volume:
$25 Open:
