tiprankstipranks
Wintrust Financial Expands Board, Completes Macatawa Acquisition
Company Announcements

Wintrust Financial Expands Board, Completes Macatawa Acquisition

Don't Miss our Black Friday Offers:

Wintrust Financial (WTFC) just unveiled an update.

Wintrust Financial Corporation has appointed Richard Postma, the former Chairman of Macatawa Bank Corporation, to its Board of Directors. This move follows the acquisition of Macatawa by Wintrust, as part of their merger agreement. Postma is deemed independent according to Nasdaq standards and is set to serve until the next annual shareholders’ meeting, with intentions to nominate him for an additional year. The company has also amended its by-laws to adjust the number of directors. The completion of Macatawa’s acquisition by Wintrust was announced on August 1, marking a significant expansion for Wintrust.

For detailed information about WTFC stock, go to TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskWintrust Financial’s Strategic Pause on Share Buybacks: Implications for Investors
TheFlyWintrust Financial price target raised to $135 from $125 at Raymond James
TheFlyWintrust Financial price target raised to $130 from $125 at DA Davidson
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App