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WTFC (Wintrust Financial) Asset Turnover : 0.01 (As of Sep. 2024)


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What is Wintrust Financial Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Wintrust Financial's Revenue for the three months ended in Sep. 2024 was $616 Mil. Wintrust Financial's Total Assets for the quarter that ended in Sep. 2024 was $61,785 Mil. Therefore, Wintrust Financial's Asset Turnover for the quarter that ended in Sep. 2024 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Wintrust Financial's annualized ROE % for the quarter that ended in Sep. 2024 was 11.39%. It is also linked to ROA % through Du Pont Formula. Wintrust Financial's annualized ROA % for the quarter that ended in Sep. 2024 was 1.10%.


Wintrust Financial Asset Turnover Historical Data

The historical data trend for Wintrust Financial's Asset Turnover 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 Asset Turnover Chart

Wintrust Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.04 0.04 0.04 0.04

Wintrust Financial Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Asset Turnover 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 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of Wintrust Financial's Asset Turnover

For the Banks - Regional subindustry, Wintrust Financial's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Asset Turnover Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Wintrust Financial's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Wintrust Financial's Asset Turnover falls into.



Wintrust Financial Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Wintrust Financial's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=2271.97/( (52949.649+56259.934)/ 2 )
=2271.97/54604.7915
=0.04

Wintrust Financial's Asset Turnover for the quarter that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=615.73/( (59781.516+63788.424)/ 2 )
=615.73/61784.97
=0.01

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


Wintrust Financial  (NAS:WTFC) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Wintrust Financial's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=680.004/5968.171
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(680.004 / 2462.92)*(2462.92 / 61784.97)*(61784.97/ 5968.171)
=Net Margin %*Asset Turnover*Equity Multiplier
=27.61 %*0.0399*10.3524
=ROA %*Equity Multiplier
=1.10 %*10.3524
=11.39 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Wintrust Financial's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=680.004/61784.97
=(Net Income / Revenue)*(Revenue / Total Assets)
=(680.004 / 2462.92)*(2462.92 / 61784.97)
=Net Margin %*Asset Turnover
=27.61 %*0.0399
=1.10 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) revenue data.

* 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Wintrust Financial Asset Turnover Related Terms

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


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
Jeffrey D Hahnfeld officer: EVP-CONTROLLER & CHIEF ACC OFF WINTRUST FINANCIAL CORP, 9700 W HIGGINS ROAD 8TH FLOOR, ROSEMONT IL 60018
David A Dykstra officer: Senior Vice President & COO
Richard B Murphy officer: Executive Vice President 406 HUDSON, CLARENDON HILLS IL 60514
David L Stoehr officer: Chief Financial Officer
Edward J Wehmer director, officer: President 454 BUENA ROAD, LAKE FOREST IL 60045
David Eric Lee officer: EXECUTIVE VICE PRESIDENT 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
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
Hackett H Patrick Jr director ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
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
Suzet M Mckinney director 9700 W. HIGGINS ROAD, 8TH FLOOR, ROSEMONT IL 60018