Wintrust

Financial Services banks commercial banks financial management holding company mortgages

Wintrust, a financial holding company offering community and commercial banking, wealth management, and mortgage services, has served Chicago’s communities since 1991. Wintrust was founded on the idea of being the alternative to the big banks. We believe there is a need, and desire, for a true community banking experience where customers are known as more than just another account number and the bank is actually part of the community it serves. Wintrust has more than 155 community banking locations in the Chicagoland area, southern Wisconsin, and northwest Indiana. As a locally-based and locally-run company, we know we have a responsibility to invest in, and give back to, the neighborhoods we serve, something we take very seriously. Our banks offer more than just banking solutions; we participate in local events, volunteer for local organizations, and even offer financial education classes and activities for the community. Although our focus is on finance, our philanthropic commitment is part of our foundation.

Revenue(Q1, 2017)

$284.5 M

Market capitalization(2017-08-18)

$4 B

Total Loans Issued(Q2, 2017)

$20.8 B

Company Growth (employees)

Type

Public

Rosemont, US

Founded

1995

Size (employees)

3,878 (est)

Website

wintrust.com

Wintrust was founded in 1995 and is headquartered in Rosemont, US

Wintrust Office Locations

Wintrust has an office in Rosemont

Rosemont, US (HQ)

9700 W Higgins Rd

Wintrust Data and Metrics

Wintrust Financial Metrics

Wintrust's revenue was reported to be $284.5 m in Q1, 2017

Summary

USD

Wintrust's current market capitalization is $4 b.

Source: SEC Filings

Income Statement

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Revenue	630.7 m	886.5 m	990.1 m	1.1 b
Revenue growth, %		41%	12%	15%
Cost of goods sold			76.9 m	90.3 m
Gross profit			913.1 m	1 b
Gross profit Margin, %			92%	92%
Operating expense total			628.4 m	681.7 m
EBIT	224.4 m	246.4 m	251.8 m	722.2 m
EBIT margin, %	36%	28%	25%	63%
Pre tax profit			251.8 m	331.9 m
Income tax expense			95 m	125 m
Net Income	137.2 m	151.4 m	156.7 m	206.9 m

Quarterly

USD	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Revenue				252.3 m	250.3 m	261 m	281.9 m	294.8 m	284.5 m
Cost of goods sold				18.3 m	19.8 m	20.7 m	21.8 m	23.5 m	23.2 m
Gross profit				233.9 m	230.5 m	240.3 m	260.1 m	271.2 m	261.3 m
Gross profit Margin, %				93%	92%	92%	92%	92%	92%
Sales and marketing expense				94.4 m	97.7 m	95.8 m	100.9 m	103.7 m	99.3 m
R&D expense				6.1 m	8.1 m	6.5 m	7.1 m	7.4 m	7.9 m
Operating expense total				100.5 m	105.9 m	102.3 m	108 m	111.2 m	107.2 m
EBIT				156.9 m	165.5 m	171.5 m	175.3 m	184.6 m	192.6 m
EBIT margin, %				62%	66%	66%	62%	63%	68%
Pre tax profit				70.1 m	62.2 m	78.5 m	80 m	85.1 m	88 m
Income tax expense				26.3 m	23.8 m	29.4 m	29.9 m	31.9 m	29.6 m
Net Income	73 m	113.3 m	39.1 m	82.9 m	121.2 m	49.1 m	99.2 m	152.3 m	58.4 m

Source: SEC Filings

Cash Flow

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Net Income	137.2 m	151.4 m	156.7 m	206.9 m
Depreciation and Amortization	26.2 m	32.1 m	36.7 m
Cash From Operating Activities	321.8 m	235.8 m	38 m	309.1 m
Cash From Investing Activities	(240.8 m)	(1.9 b)	(1.6 b)	(2.5 b)
Dividends Paid	(13.9 m)	(24.9 m)	(29.9 m)	(38.6 m)
Cash From Financing Activities	(132.2 m)	1.6 b	1.6 b	2.2 b
Interest Paid	83.4 m	73.3 m	77.7 m	91.4 m

Quarterly

USD	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Net Income	73 m	113.3 m	39.1 m	82.9 m	121.2 m	49.1 m	99.2 m	152.3 m	58.4 m
Depreciation and Amortization	15.5 m	24 m	7.9 m	15.8 m	25 m
Cash From Operating Activities	126.8 m	158.7 m	(118.3 m)	(54.5 m)	37.1 m	66.4 m	(92.7 m)	(83 m)	129.7 m
Cash From Investing Activities	(999.7 m)	(990.4 m)	37.7 m	(429.2 m)	(847.5 m)	(517.7 m)	(1.1 b)	(2 b)	(306.3 m)
Dividends Paid	(12.4 m)	(18.7 m)	(6.8 m)	(13.6 m)	(20.5 m)	(9.4 m)	(18.9 m)	(28.7 m)	(11 m)
Cash From Financing Activities	965.9 m	855.3 m	140.8 m	505.2 m	830.4 m	387.8 m	1.1 b	2.1 b	123.7 m

Ratios

USD	Y, 2017
Revenue/Employee	73.4 k

Wintrust Operating Metrics

Wintrust's Total Loans Issued was reported to be $20.8 b in Q2, 2017

	FY, 2014	Q1, 2015	Q2, 2015	Q3, 2015	FY, 2015	Q1, 2016	Q2, 2016	Q3, 2016	FY, 2016	Q1, 2017	Q2, 2017
Total Loans Issued	$14.64 b	$14.95 b	$15.71 b	$16.48 b	$17.27 b	$17.59 b	$18.28 b	$19.2 b	$19.76 b	$19.98 b	$20.79 b
Non-accrual Loans	$70.42 m	$73.62 m	$66.14 m	$77.61 m	$73.07 m	$76.53 m	$77.16 m	$75.31 m	$75.46 m	$71.76 m	$61.84 m
Non-performing Loans	$78.68 m	$81.77 m	$76.55 m	$85.98 m	$84.06 m	$89.5 m	$88.12 m	$83.13 m	$87.45 m	$78.98 m	$69.05 m
Bank Branches	140				152				155