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Wintrust Financial WTFC Community Banking — Other Intangible Assets, Net

Discontinued — last reported Q4 '20

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Other financials

Income statement

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Revenue$713.2M+10.9%
Net income$227.4M+20.3%
EPS (diluted)$3.22+19.7%

Balance sheet

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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

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Operating cash flow$927.2M+674%
CapEx$12.5M-36.2%
Free cash flow$215.1M-54.4%

Valuation

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Market cap$10.39B+24.6%
P/E12.1×+0.1×
P/S3.8×+1.1×

Profitability

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Net margin26.6%-2.0pp
FCF margin23.1%-19.1pp

Returns & leverage

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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:OtherIntangibleAssetsNet.

The official record: Wintrust Financial’s 10-K, filed February 26, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does community banking — other intangible assets, net mean?
The net value of identifiable intangible assets held by the community banking segment after accumulated amortization.
How do you interpret community banking — other intangible assets, net?
A steady decline is expected due to amortization; a sharp drop may indicate an impairment, while an increase suggests recent acquisition activity.
How does community banking — other intangible assets, net compare across companies?
Commonly found in the notes to financial statements for banks with significant M&A history.