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Quotes delayed 20 minutes
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Strong Buy (3.75 out of 4)
76th percentile
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 Preferred Stock Offerings
By Preferred Stock Channel Staff, updated Wednesday, April 24, 8:19 AM
Slide #203. Wintrust Financial Corporation — Preferred Stock Offering
| Company: |
Wintrust Financial Corporation (NASDAQ:WTFC) |
| Date announced: |
6/22/2015 |
| Preferred Stock Offering Details: |
Wintrust Financial Corporation ("Wintrust" or the "Company") (Nasdaq:WTFC) today announced that it has commenced an underwritten public offering of its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D, no par value. Wintrust intends to use the net proceeds from this offering for general corporate purposes, which may include, without limitation, investments at the holding company level, providing capital to support the Company's growth, acquisitions or other business combinations, including FDIC-assisted acquisitions and reducing or refinancing existing debt. |
Wintrust Financial is a financial holding company. Through its subsidiaries, Co. has three segments: community banking, which provides community-oriented, personal and commercial banking services to customers located in the Chicago metropolitan area, southern Wisconsin and northwest Indiana; specialty finance, which provides financing of insurance premiums for businesses and individuals, accounts receivable financing, outsourced administrative services, and other finance businesses; and wealth management, which provides a range of wealth management services, such as trust and investment services, asset management, securities brokerage services and 401(k) and retirement plan services.
 Open the WTFC Page at Preferred Stock Channel »
| Name: |
Wintrust Financial Corp (IL) |
| Website: |
www.wintrust.com |
| Sector: |
Banking & Savings |
| Number of ETFs Holding WTFC: |
62 (see which ones) |
| Total Market Value Held by ETFs: |
$742,743,296 |
| Total Market Capitalization: |
$4,249,000,000 |
| % of Market Cap. Held by ETFs: |
17.48% |
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Open the WTFC Page at Preferred Stock Channel (in a new window) »
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