Bank of America Corp DE Invests $168.02 Million in Wintrust Financial Corporation $WTFC
MarketBeat
Bank of America Corp DE has invested $168.02 million in Wintrust Financial Corporation, acquiring 1.05 million shares. This move makes Bank of America a significant institutional holder, contributing to the 93.48% institutional ownership of WTFC. Wintrust Financial has also reported strong quarterly earnings, exceeding expectations with $3.30 EPS and a 10.1% year-over-year revenue increase, along with declaring a $0.55 quarterly dividend.
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