Wintrust Financial commenced a public offering of 3 million shares of its common stock.  All of the shares included in the offering are primary shares offered by the company.

Wintrust intends to use the net proceeds from this offering for general corporate purposes, which may include, without limitation, financing potential acquisitions or other business combinations, including FDIC-assisted acquisitions, investments at the holding company level, providing capital to support the company’s growth and reducing or refinancing existing debt.

Raymond James & Associates is serving as the sole underwriter for the offering.

The last reported sale price on the NASDAQ Global Select Market of Wintrust common stock on June 8, 2016 was $53.78 per share.