Truist Securities analyst Brandon King has maintained a Buy rating on Wintrust Financial and raised the price target to $183 from $170. The adjustment reflects a revised valuation outlook for the financial institution.

Rating and Target Details

The analyst's endorsement of Wintrust Financial comes with an increased price objective. The new target of $183 represents an upside from the previous goal of $170.

Wintrust Private Trust Company, N.A., has entered into an agreement to purchase the guardianship services business of Northern Trust Corporation. The transaction involves a business with approximately $1.2 billion in assets under management and is expected to close later this year. Terms of the transaction were not disclosed.

Guardianship services are provided to individuals legally unable to manage their own affairs due to disability, age, or incapacity. A corporate fiduciary is often appointed by courts to serve as a guardian or work alongside an individual guardian to make decisions regarding financial oversight and investment management. Northern Trust’s guardianship team is expected to move to Wintrust upon completion of the transaction.

Jason Tyler, President of Northern Trust Wealth Management, stated that Wintrust is well positioned to continue serving these clients with the focused attention the business requires. Mary Ann Korenic, Chief Executive Officer of Wintrust Private Trust Company, expressed that the acquisition cements Wintrust’s position as a leading provider of guardianship services in Chicago and surrounding counties.

Key Transaction Details

Wintrust Financial Corporation is a financial holding company with $72 billion in assets whose common stock is traded on the NASDAQ Global Select Market. Northern Trust Corporation is a leading provider of wealth management, asset servicing, asset management, and banking services. As of March 31, 2026, Northern Trust had assets under custody/administration of US$18.6 trillion and assets under management of US$1.8 trillion.