Is Wintrust Financial Corp. overvalued or undervalued?

As of 10 October 2025, Wintrust Financial Corp. has moved from a very attractive to an attractive valuation grade. The company appears to be fairly valued based on its current metrics. Key ratios include a P/E ratio of 12, a Price to Book Value of 1.27, and an EV to EBITDA of 7.26.
In comparison to peers, Wintrust's P/E ratio is lower than East West Bancorp, Inc. at 15.04 and Ally Financial, Inc. at 18.81, suggesting it may be undervalued relative to these competitors. However, it is slightly more attractive than Western Alliance Bancorp, which has a P/E of 11.90. Notably, while Wintrust has shown a 17.44% return over the past year, it has underperformed the S&P 500's return of 13.36% in the same period, indicating a mixed performance relative to the broader market.