Wintrust Financial (Wintrust Financial) Net Charge Offs to Average Loans % : 0.00% (As of . 20)

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What is Wintrust Financial Net Charge Offs to Average Loans %?

Net Charge Offs to Average Loans % is the net charge-offs divided by the average total loans during a specific period. This ratio measures the proportion of debt owed to a company that is unlikely to be recovered. A higher ratio means there’s more bad debt that is unlikely to be collected, which leads investors to believe it has a very risky portfolio.

The historical rank and industry rank for Wintrust Financial's Net Charge Offs to Average Loans % or its related term are showing as below:

WTFCM.PFD's Net Charge Offs to Average Loans % is not ranked ^*
in the Banks industry.
Industry Median:
* Ranked among companies with meaningful Net Charge Offs to Average Loans % only.

Wintrust Financial Net Charge Offs to Average Loans % Historical Data

The historical data trend for Wintrust Financial's Net Charge Offs to Average Loans % 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.

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Wintrust Financial Net Charge Offs to Average Loans % Chart

Wintrust Financial (NAS:WTFCM.PFD) Net Charge Offs to Average Loans % Calculation

Net Charge Offs to Average Loans % is calculated as

Net Charge Offs to Average Loans %

Net Charge-offs

Average Total Loans

Wintrust Financial (NAS:WTFCM.PFD) Net Charge Offs to Average Loans % Explanation

A Net Charge-off (NCO) is the dollar amount representing the difference between gross charge-offs and any subsequent recoveries of delinquent debt. The bad debt often needs to be written off and classified as gross charge-off. If any money is recovered from that debt, the recovered amount needs to be subtracted from gross charge-off, which is how we get the net charge-off.

Net Charge Offs to Average Loans % represents the amount of debt that a company believes it will never collect and is an indicator of a financial institution's loan portfolio performance. A higher ratio, especially when compared to the previous period or to other banks, would suggest that there’s more bad debt that is unlikely to be collected and the loan portfolio may be too risky.

Wintrust Financial Net Charge Offs to Average Loans % Related Terms

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Wintrust Financial (Wintrust Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Wintrust Financial Corp (NAS:WTFCM.PFD) » Definitions » Net Charge Offs to Average Loans %

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WTFCP.PFD:USA WTFC:USA

Address

9700 West Higgins Road, Suite 800, Rosemont, IL, USA, 60018

Website

https://www.wintrust.com

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.