NASDAQ$WTFC
Wintrust Financial Corporation · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
Reported record net income and strong loan growth.
Wintrust Financial Corporation reported a record net income of $153.1 million for Q1 2021, a 56% increase compared to Q4 2020 and a 144% increase compared to Q1 2020. The company experienced strong loan growth, increased net interest income, and record mortgage banking revenue.
- Total assets increased by $601 million.
- Total loans, excluding PPP loans, increased by $515 million.
- Total deposits increased by $780 million.
- Mortgage banking revenue increased by $26.7 million to $113.5 million.
Headline financials
Revenue & EPS history
Wintrust · Revenue · Quarterly
$448M
Forward guidance
Wintrust expects a strong second quarter for mortgage banking production due to seasonal purchase demand offsetting an expected decline in refinance activity. The company also plans to deploy excess liquidity into earning assets and evaluate acquisition targets.
Tailwinds
- Strong loan pipelines expected to drive continued loan growth.
- Emphasis on growing franchise and gathering low-cost deposits for long-term value.
- Deployment of excess liquidity expected to favorably impact net interest margin.
- Second quarter of 2021 expected to be strong for mortgage banking production.
- Commitment to supporting the community, including participation in PPP.
Headwinds
- Significant net interest margin compression.
- Potential impact of COVID-19 pandemic on the economy, customers, and business.
- Evaluation of operating expense base to enhance future profitability.
- Diligent evaluation of acquisition targets to minimize dilution.
- Monitoring and managing credit portfolio in the current environment.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2021
-0.3%
Avg return
Earnings day
+0.7%
Avg return
5 days after
+2.2%
Avg return
30 days after
54%
37 / 68 earnings
Positive
+9.3%
Q3 2021
Best reaction
-9.7%
Q2 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.8% | -0.6% | +0.5% | |
| Q4 2025 | +4.5% | +1.2% | +8.0% | |
| Q3 2025 | +2.2% | +2.0% | +1.1% | |
| Q2 2025 | -0.6% | +0.7% | +6.0% | |
| Q1 2025 | +5.2% | +9.2% | +17.0% | |
| Q3 2024 | -0.5% | -2.0% | +13.4% | |
| Q2 2024 | -5.0% | -3.1% | -10.0% | |
| Q1 2024 | +0.9% | +5.1% | +7.9% | |
| Q4 2023 | +2.1% | +6.1% | +3.5% | |
| Q3 2023 | +1.5% | -1.6% | +12.0% | |
| Q2 2023 | +3.3% | +2.1% | -5.1% | |
| Q1 2023 | -1.4% | -3.1% | -8.9% | |
| Q4 2022 | -1.9% | +2.7% | +7.1% | |
| Q3 2022 | +0.9% | -0.6% | -4.5% | |
| Q2 2022 | +1.8% | +2.3% | +5.7% | |
| Q1 2022 | +7.4% | +3.9% | -9.1% | |
| Q4 2021 | -2.7% | -3.5% | -3.2% | |
| Q3 2021 | +9.3% | +9.6% | +10.3% | |
| Q2 2021 | -1.2% | -3.1% | +0.6% | |
| Q1 2021 | -6.2% | -1.3% | -1.8% | |
| Q4 2020 | -5.5% | -5.5% | -0.3% | |
| Q3 2020 | +3.2% | +0.7% | +12.3% | |
| Q2 2020 | +5.1% | +7.3% | +3.6% | |
| Q1 2020 | +4.7% | +6.4% | +14.5% | |
| Q4 2019 | -5.4% | -7.1% | -5.7% | |
| Q3 2019 | -2.2% | +0.2% | +1.9% | |
| Q2 2019 | -9.7% | -7.4% | -15.4% | |
| Q1 2019 | +1.8% | +0.1% | -3.8% | |
| Q4 2018 | -5.1% | -2.5% | +0.0% | |
| Q3 2018 | -4.6% | -8.6% | -6.9% | |
| Q2 2018 | +3.1% | +2.6% | +2.6% | |
| Q1 2018 | +1.0% | +3.7% | +7.4% | |
| Q4 2017 | +0.3% | +0.2% | -1.3% | |
| Q3 2017 | +2.1% | +1.8% | +0.6% | |
| Q2 2017 | +2.4% | -0.1% | -7.3% | |
| Q1 2017 | +1.3% | +6.3% | +4.5% | |
| Q4 2016 | +0.0% | +2.9% | +10.5% | |
| Q3 2016 | +0.6% | +0.8% | +16.8% | |
| Q2 2016 | -1.1% | +0.5% | +1.6% | |
| Q1 2016 | +8.3% | — | — | |
| Q4 2015 | -7.9% | — | — | |
| Q3 2015 | -8.8% | — | — | |
| Q2 2015 | +3.1% | — | — | |
| Q1 2015 | +2.2% | — | — | |
| Q4 2014 | +1.4% | — | — | |
| Q3 2014 | +1.9% | — | — | |
| Q2 2014 | +3.1% | — | — | |
| Q1 2014 | -1.0% | — | — | |
| Q4 2013 | -3.1% | — | — | |
| Q3 2013 | +0.4% | — | — | |
| Q2 2013 | +1.1% | — | — | |
| Q1 2013 | -3.5% | — | — | |
| Q4 2012 | -1.2% | — | — | |
| Q3 2012 | -1.7% | — | — | |
| Q2 2012 | +0.4% | — | — | |
| Q1 2012 | +0.6% | — | — | |
| Q4 2011 | +0.4% | — | — | |
| Q4 2008 | -5.5% | — | — | |
| Q3 2011 | -5.5% | — | — | |
| Q2 2011 | -4.5% | — | — | |
| Q4 2010 | -4.5% | — | — | |
| Q1 2010 | +0.5% | — | — | |
| Q1 2011 | +0.2% | — | — | |
| Q4 2009 | -1.6% | — | — | |
| Q3 2009 | -2.2% | — | — | |
| Q3 2010 | -2.2% | — | — | |
| Q2 2009 | -1.0% | — | — | |
| Q2 2010 | -1.0% | — | — |
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