Housing mess impacts Wintrust's third quarter earnings

Wintrust Financial Corp., a Lake Forest, Ill-based bank company specializing in traditional community banking and wealth management services, posted weak third quarter earnings, pulled down by the housing and mortgage markets.

The company announced Monday that it earned $9.9 million, or 40 cents per diluted  common share, in the third quarter ended Sept. 30, a decrease of 36 percent from $14.9 million, or 56 cents per diluted share, in the third quarter of 2006. 

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