Analyst Consensus ?
ConsensusBuy22 ratings
Bullish1568.2%
Neutral731.8%
Bearish00.0%
Wintrust Financial Corporation · WTFC · FY2026 Q3 · Calendar Q4 2026
Wintrust Q3: Record Earnings, Stable Margin and Continued Growth
Wintrust's Q3 results support a constructive operating picture: record earnings, roughly 8% loan and deposit growth, stable net interest margin and strong credit quality. The key test is whether deposit costs, credit conditions and expenses remain controlled as the company expands branches and wealth management.
Reported After market closeNASDAQFinancial Services
$10.10B market cap
100quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$3.37
Consensus $3.31
EPS surprise
+1.8%
Reported versus consensus
Reported revenue
$757.9M
Consensus $754.5M
Revenue surprise
+0.4%
Reported versus consensus
Market reaction
event-close to next-session close
Stock move
+2.7%
Event window
SPY move
+0.3%
Same window
Abnormal move
+2.4%
Stock minus SPY
Volume
1.9×
Versus trailing sessions
Subsequent drift
+2.4%
Up to 20 sessions
WTFCSPY benchmark
Ask FN2 about WTFC FY2026 Q3
Transcript, numbers and history already loaded
Why did WTFC rise 2.7% after beating EPS estimates in FY2026 Q3?What changed in WTFC's guidance and outlook in FY2026 Q3?Give me the bull and bear case for WTFC after FY2026 Q3 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Wintrust reported a seventh consecutive record quarter, closed the Guardian Ship Services acquisition, and highlighted an $108 million redemption of trust preferred securities. Interest-bearing deposit costs fell 1 basis point despite strong deposit growth, while the margin outlook remained stable.
Guidance delta
Management maintained its mid-to-high single-digit loan and deposit growth targets and expects net interest margin to remain broadly flat.
Key takeaways
- Record Q3 net income of $239 million marked a seventh consecutive record quarter.
- Loan and deposit balances grew about 8% year over year, supporting earnings.
- Net interest margin remained around 3.5% and management expects it to stay flat.
- Guardian Ship Services expands wealth management, while Midwest branch openings support deposit growth.
- The company plans to redeem $108 million of trust preferred securities, retiring high-cost floating-rate debt.
Management priorities
- Sustain mid-to-high single-digit loan and deposit growth
- Continue Midwest branch expansion
- Integrate Guardian Ship Services and broaden wealth management
- Redeem remaining junior subordinated debentures in Q4
- Pursue potential capital deployment once CET1 exceeds 10.5%
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Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$149.75Current
$120Low
$164.67Average
$195High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 23, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| TD Cowen | Buy | Buy | Maintain | Oct 21, 2026 |
| Piper Sandler | Overweight | Overweight | Maintain | Oct 21, 2026 |
| Barclays | Overweight | Overweight | Maintain | Oct 5, 2026 |
| DA Davidson | Buy | Buy | Maintain | Jul 22, 2026 |
| Truist Securities | Buy | Buy | Maintain | Jul 10, 2026 |
| RBC Capital | Outperform | Outperform | Maintain | Apr 22, 2026 |
| Citigroup | Buy | Buy | Maintain | Apr 22, 2026 |
| Stephens & Co. | Overweight | Overweight | Maintain | Jan 22, 2026 |
| Jefferies | Buy | Buy | Maintain | Oct 21, 2025 |
| Raymond James | Strong Buy | Strong Buy | Maintain | Jul 23, 2025 |
| Keefe, Bruyette & Woods | Market Perform | Market Perform | Maintain | Jul 23, 2025 |
| Wedbush | Outperform | Outperform | Maintain | Oct 22, 2024 |
| UBS | Buy | Buy | Maintain | Jan 23, 2024 |
| Hovde Group | Outperform | Market Perform | Upgrade | Feb 1, 2023 |
| Janney Montgomery Scott | Buy | Neutral | Upgrade | Mar 8, 2022 |
| Janney Capital | Neutral | Buy | Downgrade | Nov 25, 2020 |
| SunTrust Robinson Humphrey | Hold | Hold | Maintain | May 19, 2020 |
| Keefe Bruyette & Woods | Market Perform | Outperform | Downgrade | Jan 23, 2020 |
| Stephens& Co. | Overweight | Overweight | Maintain | Jan 22, 2020 |
| Macquarie | Neutral | Neutral | Maintain | Jan 20, 2016 |
| Stifel Nicolaus | Hold | Buy | Downgrade | Sep 4, 2012 |
| Stifel | Hold | Buy | Downgrade | Sep 4, 2012 |
Named analyst price targets
Upside is calculated against the persisted current price $149.75. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Raymond James | Analyst unavailable | $165 | $147.56 | +10.2% | Oct 21, 2026 |
| D.A. Davidson | Jeff Rulis | $180 | $146.15 | +20.2% | Oct 20, 2026 |
| Deutsche Bank | Bernard Von Gizycki | $175 | $144.2 | +16.9% | Oct 12, 2026 |
| Piper Sandler | Analyst unavailable | $195 | $145.02 | +30.2% | Oct 5, 2026 |
| Barclays | Analyst unavailable | $190 | $145.02 | +26.9% | Oct 5, 2026 |
| Wells Fargo | Terry McEvoy | $160 | $143.71 | +6.8% | Sep 24, 2026 |
| D.A. Davidson | Jeff Rulis | $190 | $158.27 | +26.9% | Jul 22, 2026 |
| Piper Sandler | Analyst unavailable | $186 | $158.93 | +24.2% | Jul 22, 2026 |
| Capital One Financial | John Rodis | $170 | $158.98 | +13.5% | Jul 21, 2026 |
| D.A. Davidson | Jeff Rulis | $185 | $158.98 | +23.5% | Jul 21, 2026 |
| Truist Financial | Analyst unavailable | $183 | $161.56 | +22.2% | Jul 10, 2026 |
| Raymond James | Daniel Tamayo | $180 | $161.45 | +20.2% | Jul 7, 2026 |
| Barclays | Jared Shaw | $192 | $161.94 | +28.2% | Jul 7, 2026 |
| UBS | Analyst unavailable | $170 | $162.78 | +13.5% | Jul 7, 2026 |
| Stephens | Brandon Rud | $160 | $132.19 | +6.8% | Mar 27, 2026 |
| UBS | Analyst unavailable | $176 | $156.04 | +17.5% | Feb 4, 2026 |
| Truist Financial | Brian Foran | $170 | $145 | +13.5% | Jan 26, 2026 |
| D.A. Davidson | Analyst unavailable | $172 | $155.24 | +14.9% | Jan 22, 2026 |
| RBC Capital | Analyst unavailable | $175 | $153.91 | +16.9% | Jan 22, 2026 |
| Stephens | Analyst unavailable | $162 | $153.6 | +8.2% | Jan 22, 2026 |
| Piper Sandler | Nathan Race | $184 | $151.54 | +22.9% | Jan 22, 2026 |
| Barclays | Analyst unavailable | $185 | $151.54 | +23.5% | Jan 22, 2026 |
| D.A. Davidson | Jeff Rulis | $165 | $150.34 | +10.2% | Jan 21, 2026 |
| RBC Capital | Analyst unavailable | $160 | $143.27 | +6.8% | Jan 12, 2026 |
| Barclays | Analyst unavailable | $178 | $141.81 | +18.9% | Dec 19, 2025 |
| Truist Financial | Brian Foran | $158 | $127.07 | +5.5% | Oct 23, 2025 |
| Piper Sandler | Nathan Race | $161 | $129.41 | +7.5% | Oct 22, 2025 |
| D.A. Davidson | Jeff Rulis | $158 | $128.29 | +5.5% | Oct 21, 2025 |
| Jefferies | David Chiaverini | $160 | $125.29 | +6.8% | Oct 21, 2025 |
| Barclays | Jared Shaw | $175 | $131.67 | +16.9% | Oct 8, 2025 |
| RBC Capital | Jon Arfstrom | $158 | $135.14 | +5.5% | Jul 23, 2025 |
| Jefferies | David Chiaverini | $145 | $122.02 | -3.2% | May 20, 2025 |
| Raymond James | David Long | $143 | $107.68 | -4.5% | Apr 23, 2025 |
| Piper Sandler | Nathan Race | $141 | $107.68 | -5.8% | Apr 23, 2025 |
| Piper Sandler | Nathan Race | $136 | $114.76 | -9.2% | Oct 23, 2024 |
| Citigroup | Benjamin Gerlinger | $135 | $114.76 | -9.8% | Oct 23, 2024 |
| D.A. Davidson | Kevin Reevey | $130 | $114.76 | -13.2% | Oct 22, 2024 |
| Piper Sandler | Nathan Race | $131 | $112.29 | -12.5% | Oct 22, 2024 |
| Truist Financial | Brandon King | $123 | $110.2 | -17.9% | Sep 20, 2024 |
| Citigroup | Benjamin Gerlinger | $126 | $107.65 | -15.9% | Aug 26, 2024 |
| Truist Financial | Brandon King | $118 | $105.02 | -21.2% | Jul 22, 2024 |
| Piper Sandler | Nathan Race | $125 | $105.02 | -16.5% | Jul 19, 2024 |
| Barclays | Jared Shaw | $130 | $95.3 | -13.2% | Apr 19, 2024 |
| Jefferies | Ken Usdin | $120 | $100.72 | -19.9% | Apr 8, 2024 |
| Piper Sandler | Analyst unavailable | $121 | $98.02 | -19.2% | Apr 21, 2022 |
| Raymond James | Analyst unavailable | $130 | $95.91 | -13.2% | Apr 21, 2022 |
Track every rating change on WTFC the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationWintrust Financial Corporation (WTFC) functions as a diversified financial holding company, structuring its operations across three primary business segments: Community Banking, Specialty Finance, and Wealth Management. The Community Banking segment offers a comprehensive array of financial products and services. This includes various deposit accounts, such as non-interest-bearing, interest-bearing transaction, savings, and domestic time deposits. On the lending side, it provides home equity loans, consumer loans, and real estate financing. Customers also have access to essential banking services like safe deposit facilities, ATMs, online banking, and mobile banking. Beyond standard offerings, this segment is actively involved in originating and acquiring residential mortgages for sale in the secondary market. It extends specialized lending, deposit, and treasury management solutions to condominium, homeowner, and community associations, alongside offering asset-based financing for middle-market enterprises.…
Financial Services peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| NDAQ Nasdaq, Inc. | FY2026 Q3 · Calendar Q4 2026 | +2.0% | +7.5% | Nasdaq Q3: AI, cloud and market infrastructure sustain growth |
| BCS Barclays PLC | FY2026 Q3 · Calendar Q4 2026 | -1.5% | -2.6% | Barclays balances growth and efficiency with outlook maintained |
| SSB SouthState Bank Corp. | FY2026 Q3 · Calendar Q4 2026 | -4.2% | +2.4% | SouthState posts 9% loan and deposit growth as NIM holds |
| PNFP Pinnacle Financial Partners, Inc. | FY2026 Q3 · Calendar Q4 2026 | +2.7% | +2.3% | PNFP: Strong loan growth and fee income, guidance maintained |
| BPOP Popular, Inc. | FY2026 Q3 · Calendar Q4 2026 | — | -2.8% | Popular’s Q3 growth remained solid as public deposits declined |
| BX Blackstone Inc. | FY2026 Q3 · Calendar Q4 2026 | — | +8.4% | Blackstone highlights AI infrastructure and fundraising momentum |
Latest beats and misses
Who reports nextBeat on EPS
- NDAQFY2026 Q3 · October 22, 2026+2.0% EPS+7.5% move
- DOWFY2026 Q3 · October 22, 2026+11.3% EPS+4.7% move
- ALLEFY2026 Q3 · October 22, 2026+4.0% EPS+11.0% move
- CBREFY2026 Q3 · October 22, 2026+4.6% EPS-2.5% move
- RFY2026 Q3 · October 22, 2026+4.3% EPS+10.5% move
- WDCFY2027 Q1 · October 22, 2026+12.9% EPS-6.4% move
Missed on EPS
Get the WTFC recap when the next report posts
One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-10-20T17:03:26.865483+00:00
- FN2 earnings calendar · 2026-10-23T01:23:12.835668+00:00
- Polygon adjusted daily market bars · 2026-10-23T02:10:40.753010+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-23T02:10:40.750397+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-23. For educational purposes only; not investment advice.