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ROSEMONT, IL—Richard Murphy, Vice Chair and Chief Lending Officer at Wintrust Financial Corp (NASDAQ:WTFC), recently sold 7,166 shares of the company’s common stock. The sale, which took place on February 27, 2025, amounted to a total value of approximately $885,860. The shares were sold at a weighted average price of $123.62, with individual transaction prices ranging from $122.68 to $124.50. The $8.25 billion financial institution currently trades at a P/E ratio of 11.83, and according to InvestingPro analysis, the stock appears to be trading above its Fair Value.
Following the transaction, Murphy directly owns 41,648 shares of Wintrust Financial. Additionally, he holds 3,711 shares indirectly through a 401(k) Plan. The company has maintained a strong dividend profile, having raised its dividend for 11 consecutive years, with a current yield of 1.63%. InvestingPro subscribers can access 6 additional key insights about WTFC, along with comprehensive financial metrics and expert analysis in the Pro Research Report.
In other recent news, Wintrust Financial Corporation reported its fourth-quarter 2024 earnings, which exceeded analysts’ expectations. The company achieved an earnings per share (EPS) of $2.63, surpassing the forecast of $2.48. However, Wintrust’s revenue of $638.6 million fell short of the expected $641.75 million, which may have contributed to a tempered investor response. Despite the revenue miss, Wintrust recorded a record net income for 2024 of $695 million, marking an 11.5% increase from the previous year. The company saw robust growth in loans and deposits, with annualized increases of 8% and 9%, respectively.
Additionally, Wintrust’s net interest income rose by 4.5% from the previous quarter and 12% year-over-year. The company also reported that its total assets grew to $64.9 billion. Analyst feedback from firms like RBC Capital Markets and D.A. Davidson highlighted the company’s strategic approach to growth and expense management. Looking ahead, Wintrust anticipates mid to high single-digit loan growth for 2025, maintaining a stable net interest margin around 3.50%. The company remains focused on organic growth and potential acquisitions as part of its strategic priorities.
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