Wintrust earnings climb 24 percent

Wintrust Financial Corp. reported a profit for its third quarter compared to the same period last year.

The Rosemont based company said its third quarter net income is 24 percent over the prior year and year-to-date net income of $188.9 million is an increase of 24 percent over last year.

The company said its bottom line advanced to $65.63 million, or $1.12 per share. This was up from $53.12 million, or $0.92 per share, in last year's third quarter.

The company said its total assets increased by $429 million from the prior quarter and now total $27.4 billion.

Wintrust also opened two new branches on the DePaul University campus in Chicago as well as one new branch in Uptown Milwaukee.