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Wintrust Financial (Wintrust Financial) Return-on-Tangible-Equity : 10.91% (As of Dec. 2023)


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What is Wintrust Financial Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Wintrust Financial's annualized net income for the quarter that ended in Dec. 2023 was $494 Mil. Wintrust Financial's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $4,528 Mil. Therefore, Wintrust Financial's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 10.91%.

The historical rank and industry rank for Wintrust Financial's Return-on-Tangible-Equity or its related term are showing as below:

WTFC' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.95   Med: 11.86   Max: 14.08
Current: 13.98

During the past 13 years, Wintrust Financial's highest Return-on-Tangible-Equity was 14.08%. The lowest was 8.95%. And the median was 11.86%.

WTFC's Return-on-Tangible-Equity is ranked better than
66.8% of 1449 companies
in the Banks industry
Industry Median: 10.91 vs WTFC: 13.98

Wintrust Financial Return-on-Tangible-Equity Historical Data

The historical data trend for Wintrust Financial's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Wintrust Financial Return-on-Tangible-Equity Chart

Wintrust Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.60 9.11 12.86 12.84 14.08

Wintrust Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.04 14.23 15.11 10.91 15.81

Competitive Comparison of Wintrust Financial's Return-on-Tangible-Equity

For the Banks - Regional subindustry, Wintrust Financial's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Wintrust Financial's Return-on-Tangible-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Wintrust Financial's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Wintrust Financial's Return-on-Tangible-Equity falls into.



Wintrust Financial Return-on-Tangible-Equity Calculation

Wintrust Financial's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=622.626/( (4121.128+4719.965 )/ 2 )
=622.626/4420.5465
=14.08 %

Wintrust Financial's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=493.92/( (4335.26+4719.965)/ 2 )
=493.92/4527.6125
=10.91 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Wintrust Financial  (NAS:WTFC) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Wintrust Financial Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Wintrust Financial's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Wintrust Financial (Wintrust Financial) Business Description

Traded in Other Exchanges
Address
9700 West Higgins Road, Suite 800, Rosemont, IL, USA, 60018
Wintrust Financial Corp is a financial holding company operating in the Chicago metropolitan area and southern Wisconsin through its wholly-owned banking subsidiaries. Wintrust conducts its business through three segments: community banking, specialty finance, and wealth management. Among other services, the company provides community-oriented, personal, and commercial banking, as well as the origination and purchase of residential mortgages for sale into the secondary market. A majority of its banks are banks chartered by the state of Illinois with scores of locations. The company has historically grown through both de novo organization and acquisitions. A majority of its loan portfolio is commercial, mostly in real estate. A majority of Wintrust's net revenue is net interest income.
Executives
David Eric Lee officer: EXECUTIVE VICE PRESIDENT 9700 W HIGGINS ROAD 8TH FLOOR, ROSEMONT IL 60018
Karin Gustafson Teglia director WINTRUST FINANCIAL CORPORATION, 9700 W HIGGINS RD 8TH FLOOR, ROSEMONT IL 60018
Timothy Crane officer: EXECUTIVE VICE PRESIDENT 1228 OAK STREET, WINNETKA IL 60093
Jeffrey D Hahnfeld officer: EVP-CONTROLLER & CHIEF ACC OFF WINTRUST FINANCIAL CORP, 9700 W HIGGINS ROAD 8TH FLOOR, ROSEMONT IL 60018
Hackett H Patrick Jr director ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
David L Stoehr officer: Chief Financial Officer
Brian A Kenney director GATX CORP, 500 WEST MONROE STREET, CHICAGO IL 60661
Washington Alex E Iii director 9700 W, HIGGINS RD 8TH FLOOR, ROSEMONT IL 60018
Thomas P Zidar officer: EXECUTIVE VICE PRESIDENT 640 WAGNER ROAD, GLENVIEW IL 60025
Elizabeth H. Connelly director 200 N. MILWAUKEE AVENUE, VERNON HILLS IL 60061
Richard B Murphy officer: Executive Vice President 406 HUDSON, CLARENDON HILLS IL 60514
Edward J Wehmer director, officer: President 454 BUENA ROAD, LAKE FOREST IL 60045
Suzet M Mckinney director 9700 W. HIGGINS ROAD, 8TH FLOOR, ROSEMONT IL 60018
Kathleen M Boege officer: EVP, GENERAL COUNSEL AND SEC 2 NORTH RIVERSIDE PLAZA, SUITE 1300, CHICAGO IL 60606
David A Dykstra officer: Senior Vice President & COO