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Wintrust Financial Corporation
Wintrust Financial Corporation is a publicly traded company listed on the NASDAQ stock exchange under the ticker symbol WTFC. The company is headquartered in Rosemont, Illinois, and operates as a financial holding company for Wintrust Bank and other subsidiaries.
Here are some key points about Wintrust Financial Corporation:
* Founded in 1991, Wintrust Financial Corporation is a financial services company that provides community banking services to individuals, small and medium-sized businesses, and local governmental units.
* The company offers a range of financial products and services, including deposit accounts, loans, wealth management services, and insurance.
* As of December 31, 2fit had assets of over $14 billion, loans outstanding of over $9 billion, and deposits of over $12 billion.
* Wintrust operates 150 branches across northern Illinois and southern Wisconsin.
* Wintrust Financial Corporation has consistently been recognized for its strong financial performance, including being named to the Forbes list of "Best Banks in America" for 2022.
* The company has also been recognized for its philanthropic efforts, including the Wintrust Community Reinvestment Award program, which provides financial support to local nonprofit organizations.
As of March 11, 2023, Wintrust Financial Corporation's stock price is around $88.84 per share, with a market capitalization of around $4.3 billion. The company's stock has experienced some volatility in recent months due to broader economic and industry trends.
Wintrust Financial Corporation is subject to the same market and economic factors that affect the banking industry, such as changes in interest rates, regulatory changes, and competition from other financial institutions. However, the company's strong financial performance and commitment to community banking services have contributed to its long-term success.
Overall, Wintrust Financial Corporation is a well-established community banking institution with a strong track record of financial performance and a commitment to philanthropy. While the company faces the same industry challenges as other financial institutions, it remains well-positioned to continue serving the financial needs of its customers and contributing to the local communities it serves.