StockStory Flags Margin Decline and Modest Growth at Wintrust
The publisher cited a two-year decline in Wintrust’s net interest margin and consensus expectations for 12.4% tangible book value growth.
Key takeaways
- Wintrust’s net interest margin averaged 3.5% and contracted 5.2 basis points over two years.
- Consensus estimates call for tangible book value per share to rise 12.4% to $103.54 over 12 months.
StockStory said it would pass on Wintrust Financial, citing a 5.2-basis-point contraction in the bank’s net interest margin over two years. The stock lost 2.7% over the past six months, while the S&P 500 gained 12.8%, according to the article.
Wintrust’s net interest margin averaged 3.5% during that two-year period. StockStory said the decline may reflect competition for loans and deposits or a negative shift in the bank’s balance-sheet mix.
Consensus estimates call for tangible book value per share to grow 12.4% to $103.54 over the next 12 months. StockStory described the forecast growth as mediocre and said Wintrust’s shares, at 1.3 times forward book value, offered limited upside relative to potential downside.
This article was produced with the help of AI technology. Source: Yahoo Finance
