What does operating segments — income tax expense benefit mean?

The amount of income tax expense or benefit attributed to a specific business segment.

How do you interpret operating segments — income tax expense benefit?

An increase in tax expense reduces net income, while an increase in tax benefit improves it, reflecting the tax-adjusted performance of the segment.

How does operating segments — income tax expense benefit compare across companies?

Standard across most public financial institutions reporting segment-level tax data.

Wintrust Financial WTFC Operating Segments — Income Tax Expense Benefit

Discontinued — last reported Q4 '17

Similar metrics at other companies

WTRGOperating Segments — Income Tax Expense Benefit

-$643K-117%

WBSOperating Segments — Income Tax Expense Benefit

$23.61M+6.9%

AWK

AWKOperating Segments — Income Tax Expense Benefit

$64M-34.0%

KEYOperating Segments — Income Tax Expense Benefit

$75M-18.5%

CFGOperating Segments — Income Tax Expense Benefit

$136M-13.9%

STWDOperating Segments — Income Tax Expense Benefit

$8.28M-15.6%

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:IncomeTaxExpenseBenefit.

The official record: Wintrust Financial’s 10-K, filed February 28, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does operating segments — income tax expense benefit mean?: The amount of income tax expense or benefit attributed to a specific business segment.
How do you interpret operating segments — income tax expense benefit?: An increase in tax expense reduces net income, while an increase in tax benefit improves it, reflecting the tax-adjusted performance of the segment.
How does operating segments — income tax expense benefit compare across companies?: Standard across most public financial institutions reporting segment-level tax data.