Wintrust Financial vice chair sells $1.06M in shares
Richard B. Murphy, Vice Chair and Chief Lending Officer at Wintrust Financial Corp, divested 7,136 shares of the company's common stock on October 22, 2026. The sale totaled approximately $1,060,837, conducted in multiple transactions at prices between $147.95 and $148.78 per share. After the sales, Murphy retained ownership of 30,107 shares of Wintrust Financial Corp common stock.
As of the latest trading price, Wintrust shares are valued at $150.77, marking an 18.55% increase over the past year. InvestingPro analysis suggests the stock is currently overvalued relative to its Fair Value, despite the company's low P/E ratio of 11.53. Subscribers to InvestingPro have access to seven exclusive tips about WTFC, along with detailed Pro Research Reports on 1,400+ US equities.
Wintrust Financial reported another quarter of record profit for Q3 2026, surpassing Wall Street's expectations in both earnings and revenue. For the quarter, net income surged to $239 million, while adjusted earnings per share reached $3.37, exceeding the forecasted $3.31. Revenue for the quarter amounted to $757.88 million, slightly above the estimated $754.99 million, marking the seventh consecutive quarter of record net income for the company.
DA Davidson recently reiterated its Buy rating for Wintrust Financial, setting a price target of $180.00. The firm praised the bank's ongoing market share gains in the Midwest and its stable net interest margin, expenses, and credit quality. These factors collectively indicate strong performance and strategic positioning for Wintrust Financial.
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