Wintrust Financial Reports EPS Beat While Revenues Miss Estimates
<p><a href='https://financialmodelingprep.com/financial-summary/WTFC'>Wintrust Financial (NASDAQ:WTFC)</a> reported its Q1 earnings results on Wednesday, with EPS of $2.80 beating the Street estimate of $2.57. However, revenues came in at $565.76 million, missing the Street estimate of $571.43 million.</p>
<p>Overall, this was a good quarter for the company, highlighted by margin expansion and deposit stability. Results also benefited from favorable noninterest income and expense trends, which supported overall earnings.</p>
<p>Net interest income increased 0.3% sequentially to $458.0 million, driven by loan growth and margin expansion. Management provided an updated outlook and is now expecting loan growth for 2023 at the lower end of their mid-to-high single-digit range.</p>

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