Preferred Stock Offerings
By Preferred Stock Channel Staff, updated Sunday, June 7, 9:33 PM
| This Slide: #28 of 666 |
Slide #28. Wintrust Financial Corporation — Preferred Stock Offering
| Company: | Wintrust Financial Corporation (NASDAQ:WTFC) |
| Date announced: | 5/8/2025 |
| Shares Offered: | 17,000,000 |
| Date of Pricing: | 5/8/2025 |
| Price Per Share: | $25.00 |
| Preferred Stock Offering Details: | Wintrust Financial Corporation ("Wintrust") (Nasdaq: WTFC) today announced that it has priced an underwritten public offering of 17 million depositary shares with a liquidation preference of $25.00 per share (the "Depositary Shares") for gross proceeds of $425 million before deducting underwriting discounts and other estimated offering expenses. Each Depositary Share represents a 1/1,000th interest in a share of Wintrust's 7.875% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series F. The offering is expected to close on May 22, 2025, subject to customary closing conditions. |
Wintrust Financial Corporation is a financial holding company. Co. provides community-oriented, personal and commercial banking services to customers generally located in the Chicago metropolitan area, southern Wisconsin and northwest Indiana. Co. has three segments: community banking, specialty finance and wealth management. Through its community banking segment, its banks provide community-oriented, personal and commercial banking services to customers located in its market area. Its customers include individuals, small to mid-sized businesses, local governmental units and institutional clients residing primarily in the banks' local service areas.
Preferreds: WTFCM, WTFCP, WTFCN
Open the WTFC Page at Preferred Stock Channel »
|
||||||||||||
|
|
Open the WTFC Page at Preferred Stock Channel (in a new window) »
|
Browse preferred stock yield screens, safer-income pages, offerings research, valuation and liquidation-preference screens, and related market idea pages from across the channel network. These links are grouped by topic to make the list easier to scan. Preferred Yield and Income ScreensCore PreferredStockChannel pages focused on high-yield preferreds, socially responsible income ideas, and safer-income preferred research. Offerings, Structure, and Screening ToolsPages for recent preferred offerings, preferreds by index membership or industry, and insider-related screening ideas. Premium, Discount, and Relative Value ScreensPages centered on preferred stock pricing relative to liquidation preference and comparative value signals. Dividend and Cross-Network Income ResearchRelated dividend and income pages from across the network that support preferred-stock investors comparing income vehicles. Analyst and Broader Market ResearchBroader analyst and market pages that remain part of the live homepage inventory. |
|
|
