Associated Press | Wintrust Financial Corp., which operates community bank subsidiaries, on Tuesday said it sold another 870,000 shares, raising about $27.5 million.

The additional sales occurred under an over-allotment agreement. The total share sale, including 5.8 million shares previously sold, netted about $210.3 million. The company did not specify how it plans to use the proceeds. Wintrust shares rose 31 cents to close at $35.99.