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Investing.com - DA Davidson has reiterated its Buy rating on Wintrust Financial (NASDAQ:WTFC) with a price target of $135.00. The stock, currently trading at $135.21, appears undervalued according to InvestingPro analysis, with the company maintaining dividend payments for 26 consecutive years and delivering a 23% return over the past year.
The research firm noted that investors had questioned Wintrust’s ability to grow at an above-peer pace entering 2025, but those concerns now appear unfounded based on second-quarter performance.
DA Davidson highlighted that the second quarter showed particularly strong loan growth for the financial institution.
The firm pointed to Wintrust’s notable earnings per share and pre-provision net revenue beat in the second quarter, which was supported by a stable net interest margin.
DA Davidson also cited healthy fee income contribution and well-managed credit and operating costs as factors contributing to Wintrust’s strong quarterly performance.
In other recent news, Wintrust Financial Corporation reported its second-quarter 2025 financial results, showcasing a record quarterly net income of $195.5 million, or $2.78 per diluted share. These earnings surpassed analyst estimates, which had projected $2.60 per share. The company’s revenue reached $670.78 million, exceeding the consensus estimate of $660.32 million. This strong performance was attributed to significant balance sheet growth and a stable net interest margin of 3.54% on a fully taxable-equivalent basis. Wintrust Financial’s net interest income rose to $546.7 million in the second quarter, up from $526.5 million in the previous quarter, driven by an increase in average earning assets by $1.9 billion, or 12% annualized. These recent developments highlight the company’s ability to exceed financial expectations.
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