Wintrust Financial Corporation Announces the Closing of the Acquisition of Countryside Bank
Wintrust Financial Corporation (WTFC)
Last wintrust financial corporation earnings: 4/21 06:15 pm
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Source: GlobeNewswire
ROSEMONT, Ill., Nov. 01, 2019 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation (“Wintrust”) (Nasdaq: WTFC) today announced the completion of its previously announced acquisition of SBC, Incorporated (“SBC”). SBC is the parent company of Countryside Bank, an Illinois state-chartered bank, which operates six banking offices located in the communities of Countryside, Burbank, Darien, Homer Glen, Oak Brook and Chicago, Illinois. As of October 31, 2019, Countryside Bank had approximately $578 million in assets, approximately $434 million in loans and approximately $501 million in deposits. Edward J. Wehmer, President and CEO of Wintrust, said, “This transaction further develops our market presence in the western suburbs of the Chicago metropolitan area. Countryside Bank has a long history of providing outstanding customer service using a community banking approach. We look forward to continuing that tradition and to providing its customers with an expanded array of products, services
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- Wintrust Financial Co. (NASDAQ: WTFC) had its price target raised by analysts at DA Davidson from $125.00 to $130.00. They now have a "buy" rating on the stock.MarketBeat
- Wintrust Financial Co. (NASDAQ: WTFC) had its price target raised by analysts at Raymond James from $125.00 to $135.00. They now have a "strong-buy" rating on the stock.MarketBeat
- Wintrust Financial Co. (NASDAQ: WTFC) had its price target raised by analysts at Piper Sandler from $131.00 to $136.00. They now have an "overweight" rating on the stock.MarketBeat
WTFC
Earnings
- 10/21/24 - Miss
WTFC
Sec Filings
- 11/12/24 - Form 4
- 11/8/24 - Form 10-Q
- 11/7/24 - Form 4
- WTFC's page on the SEC website