How do you interpret community banking — goodwill purchase accounting adjustments?

Frequent or large adjustments may signal volatility in the valuation process or complexities in integrating acquired entities.

How does community banking — goodwill purchase accounting adjustments compare across companies?

Similar to 'Purchase Price Allocation Adjustments' found in M&A disclosures for financial institutions.

Wintrust Financial WTFC Community Banking — Goodwill Purchase Accounting Adjustments

Discontinued — last reported Q1 '19

Similar metrics at other companies

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CWCorporate And Other — Goodwill Purchase Accounting Adjustments

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Other financials

Income statement

See full

Revenue$713.2M+10.9%

Net income$227.4M+20.3%

EPS (diluted)$3.22+19.7%

Balance sheet

See full

Cash & equivalents$543.7M-11.8%

Total debt$3.4B+845%

Total equity$7.4B+11.8%

Total assets$72.2B+9.5%

Cash flow

See full

Operating cash flow$927.2M+674%

CapEx$12.5M-36.2%

Free cash flow$215.1M-54.4%

Valuation

See full

Market cap$10.39B+24.6%

P/E12.1×+0.1×

P/S3.8×+1.1×

Profitability

See full

Net margin26.6%-2.0pp

FCF margin23.1%-19.1pp

Returns & leverage

See full

Return on equity12.3%+0.8pp

Debt / equity0.5×+0.4×

Where this comes from

Reported directly by Wintrust Financial in its filing.

Tagged under the XBRL concept us-gaap:GoodwillPurchaseAccountingAdjustments.

The official record: Wintrust Financial’s 10-Q, filed May 9, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does community banking — goodwill purchase accounting adjustments mean?: Accounting adjustments made to goodwill values after an acquisition is finalized.
How do you interpret community banking — goodwill purchase accounting adjustments?: Frequent or large adjustments may signal volatility in the valuation process or complexities in integrating acquired entities.
How does community banking — goodwill purchase accounting adjustments compare across companies?: Similar to 'Purchase Price Allocation Adjustments' found in M&A disclosures for financial institutions.