Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Wintrust Financial ( (WTFC) ) has provided an announcement.
On May 8, 2025, Wintrust Financial Corporation announced an Underwriting Agreement with RBC Capital Markets for a public offering of 17,000,000 depositary shares, each linked to its Series F Preferred Stock. The offering, expected to close on May 22, 2025, aims to raise approximately $414.7 million in net proceeds, which will be used for general corporate purposes, potentially including the redemption of existing preferred stock, subject to Federal Reserve approval.
Spark’s Take on WTFC Stock
According to Spark, TipRanks’ AI Analyst, WTFC is a Outperform.
Wintrust Financial demonstrates strong financial health, with consistent revenue and profit growth, and a solid balance sheet. While the technicals suggest caution due to potential overbought conditions, the stock is attractively valued with a favorable P/E ratio. Positive earnings call highlights reinforce the optimistic outlook, despite some economic uncertainties. Overall, the company is well-positioned for stability and growth.
To see Spark’s full report on WTFC stock, click here.
More about Wintrust Financial
Wintrust Financial Corporation operates in the financial services industry, offering a range of banking and financial products. The company focuses on providing personalized financial solutions and services to its clients, including commercial banking, wealth management, and mortgage services.
Average Trading Volume: 494,318
Technical Sentiment Signal: Buy
Current Market Cap: $7.65B
For an in-depth examination of WTFC stock, go to TipRanks’ Stock Analysis page.