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Wintrust Financial Corp (NASDAQ:WTFC), a $8.25 billion market cap financial institution, saw its Chief Financial Officer David L. Stoehr sell a portion of his holdings in the company, according to a recent SEC filing. The transaction, dated February 27, 2025, involved the sale of 5,316 shares of common stock at a weighted average price of $123.61 per share. The shares were sold in multiple transactions, with prices ranging from $122.69 to $124.46. This sale resulted in a total transaction value of approximately $657,110. The stock, which has demonstrated strong returns over the past five years and maintains a P/E ratio of 11.8, is currently trading above its InvestingPro Fair Value estimate.
Following this transaction, Stoehr retains ownership of 14,542 shares of Wintrust Financial’s common stock. The sale was conducted as a direct ownership transaction, according to the filing. Notably, the company has maintained dividend payments for 26 consecutive years and has raised its dividend for 11 straight years, currently yielding 1.63%. For deeper insights into Wintrust Financial’s valuation metrics and additional analysis, investors can access the comprehensive Pro Research Report available on InvestingPro, which covers over 1,400 US stocks.
In other recent news, Wintrust Financial Corporation reported its fourth-quarter 2024 earnings, surpassing analysts’ expectations with an earnings per share (EPS) of $2.63, compared to the projected $2.48. However, the company experienced a slight revenue miss, with actual revenue reaching $638.6 million, falling short of the anticipated $641.75 million. Despite these mixed results, Wintrust achieved a record net income of $695 million for the year, marking an 11.5% increase from 2023. The company also reported strong loan and deposit growth, with annualized increases of 8% and 9%, respectively. In terms of analyst activity, there were no specific upgrades or downgrades reported in the recent developments. Wintrust’s strategic focus remains on organic growth and potential acquisitions, as highlighted by the company’s preparation for a potential Federal Reserve rate cut in 2025. The company maintains a stable net interest margin around 3.50%, reflecting effective management of interest income and expenses. Overall, these developments indicate Wintrust’s continued emphasis on growth and strategic flexibility in a competitive market environment.
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