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ROSEMONT, Ill., July 20, 2026 (GLOBE NEWSWIRE) — Wintrust Financial Corporation (“Wintrust”, “the Company”, “we” or “our”) (Nasdaq: WTFC) announced record net income of $461.1 million, or $6.52 per diluted common share, for the first six months of 2026 compared to net income of $384.6 million, or $5.47 per diluted common share, for the same period of 2025. This represents a year-to-date net income increase of 20% compared to the same period of 2025. Pre-tax, pre-provision income (non-GAAP) for the first six months of the year totaled a record $671.6 million, compared to $566.3 million for the first six months of 2025.
The Company reported record quarterly net income of $233.7 million, or $3.30 per diluted common share, for the second quarter of 2026, compared to net income of $227.4 million, or $3.22 per diluted common share, for the first quarter of 2026. Pre-tax, pre-provision income (non-GAAP) for the second quarter of 2026 totaled a record $341.1 million, as compared to $330.5 million for the first quarter of 2026.
Timothy S. Crane, President and Chief Executive Officer, commented, “We are pleased to deliver record results for the first six months of the year. Second quarter 2026 represents the sixth consecutive quarter of record net income for the Company. Strong diversified loan growth funded by robust organic deposit growth highlights the underlying strength of our business model. We continue to leverage our customer relationships and unique market positioning to grow the balance sheet and create long term franchise value.”
Additionally, Mr. Crane noted, “Net interest margin in the second quarter remained within our expected range at 3.52% and we generated record net interest income attributable to strong average earning asset growth. Building on our momentum, we believe consistent balance sheet growth, coupled with a stable net interest margin, should result in net interest income expansion in future quarters.”
Highlights of the second quarter of 2026:Comparative information to the first quarter of 2026, unless otherwise noted
Total loans increased by $1.6 billion, or 12% annualized.
Total deposits increased by $2.2 billion, or 15% annualized.
Total assets increased by $2.5 billion, or 14% annualized.
Net interest income increased to $597.4 million in the second quarter of 2026, compared to $579.0 million in the first quarter of 2026, driven by robust average earning asset growth.
Net interest margin decreased to 3.50% (3.52% on a fully taxable-equivalent basis, non-GAAP) during the second quarter of 2026 primarily due to lower loan yields.
Non-interest expense was impacted by the following:
A $5.2 million reversal of an FDIC special assessment accrued in the first quarter of 2024. The special assessments were in response to certain bank failures in 2023 and the reversal is based on the FDIC’s final determination of losses to its Deposit Insurance Fund.
Provision for credit losses totaled $23.1 million in the second quarter of 2026, compared to a provision for credit losses of $29.6 million in the first quarter of 2026.
Net charge-offs totaled $13.4 million, or 10 basis points of average total loans on an annualized basis, in the second quarter of 2026 down from $18.4 million, or 14 basis points of average total loans on an annualized basis, in the first quarter of 2026.
Non-performing loans totaled $179.3 million and comprised 0.32% of total loans at June 30, 2026, as compared to $182.7 million and 0.34% of total loans at March 31, 2026.
“Looking ahead, our pipelines remain strong and we believe we are well-positioned to generate consistent balance sheet growth while maintaining our disciplined underwriting standards. We remain committed to growing net interest income and exercising prudent expense management, which position us to deliver positive operating leverage for 2026”, Mr. Crane said.
The graphs shown on pages 3-7 illustrate certain financial highlights of the second quarter of 2026 as well as historical financial performance. See “Supplemental Non-GAAP Financial Measures/Ratios” at Table 18 for additional information with respect to non-GAAP financial measures/ratios, including the reconciliations to the corresponding GAAP financial measures/ratios.
Graphs available at the following link: http://ml.globenewswire.com/Resource/Download/da851221-c088-4baf-a1ec-e1a8c39faf8c
Total assets increased $2.5 billion in the second quarter of 2026 compared to the first quarter of 2026, driven by a $1.6 billion increase in total loans. The strong loan growth was diversified across all major loan categories, including seasonally higher growth in our Premium Finance Receivables – Property and Casualty portfolio.
Total liabilities increased by $2.4 billion in the second quarter of 2026 compared to the first quarter of 2026, driven by a $2.2 billion increase in total deposits. Robust organic deposit growth in the second quarter of 2026 was driven by our diverse customer base and product offerings. Non-interest bearing deposit balances represented 19% of total deposits and average non-interest bearing deposit balances have remained stable in recent quarters. The Company’s loans-to-deposits ratio ended the quarter at 91.0%.
For more information regarding changes in the Company’s balance sheet, see Consolidated Statements of Condition and Table 1 through Table 3 in this report.
For the second quarter of 2026, net interest income totaled $597.4 million, compared to $579.0 million in the first quarter of 2026. The increase in net interest income in the second quarter of 2026 was driven by robust average earning asset growth of $2.1 billion.
Net interest margin was 3.50% (3.52% on a fully taxable-equivalent basis, non-GAAP) during the second quarter of 2026, down four basis points compared to the first quarter of 2026. The yield on earning assets declined four basis points during the second quarter of 2026 primarily due to a seven basis point decrease in loan yields. Funding cost on interest-bearing deposits remained unchanged compared to the first quarter of 2026. The net free funds contribution in the second quarter of 2026 was flat compared to the first quarter of 2026.
For more information regarding net interest income, see Table 4 through Table 8 in this report.
The allowance for credit losses totaled $481.2 million as of June 30, 2026, an increase from $471.6 million as of March 31, 2026. A provision for credit losses totaling $23.1 million was recorded for the second quarter of 2026 compared to $29.6 million recorded in the first quarter of 2026. The provision for credit losses recognized in the second quarter of 2026 reflects stable credit quality and a mostly stable macroeconomic forecast. However, given future economic performance remains uncertain, allowance results capture uncertainty related to credit spreads, equity market valuations, consumer & business sentiment, and the job market. For more information regarding the allowance for credit losses and provision for credit losses, see Table 11 in this report.
Management believes the allowance for credit losses is appropriate to account for expected credit losses. The Company is required to estimate expected credit losses over the life of the Company’s financial assets as of the reporting date. There can be no assurances, however, that future losses will not significantly exceed the amounts provided for, thereby affecting future results of operations. A summary of the allowance for credit losses calculated for the loan components in each portfolio as of June 30, 2026, March 31, 2026, and December 31, 2025 is shown on Table 12 of this report.
Net charge-offs totaled $13.4 million in the second quarter of 2026, a decrease of $5.0 million compared to $18.4 million of net charge-offs in the first quarter of 2026. Net charge-offs as a percentage of average total loans were 10 basis points in the second quarter of 2026 on an annualized basis compared to 14 basis points on an annualized basis in the first quarter of 2026. For more information regarding net charge-offs, see Table 10 in this report.
The Company’s loan portfolio delinquency rates remain low. For more information regarding past due loans, see Table 13 in this report.
Non-performing assets and non-performing loans were stable compared to prior quarter. Non-performing assets totaled $195.2 million and comprised 0.26% of total assets as of June 30, 2026, as compared to $200.2 million, or 0.28% of total assets, as of March 31, 2026. Non-performing loans totaled $179.3 million and comprised 0.32% of total loans at June 30, 2026, as compared to $182.7 million and 0.34% of total loans at March 31, 2026. For more information regarding non-performing assets, see Table 14 in this report.
Non-interest income totaled $141.3 million in the second quarter of 2026, compared to $134.1 million in the first quarter of 2026.
Wealth management revenue decreased by approximately $2.2 million in the second quarter of 2026, compared to the first quarter of 2026. The decrease in the second quarter of 2026 was primarily driven by performance based revenues on certain customer relationships which positively impacted results in the first quarter of 2026. Wealth management revenue is comprised of the trust and asset management revenue of Wintrust Private Trust Company and Great Lakes Advisors, the brokerage commissions, managed money fees and insurance product commissions at Wintrust Investments and fees from tax-deferred like-kind exchange services provided by the Chicago Deferred Exchange Company.
Mortgage banking revenue totaled $27.4 million in the second quarter of 2026, compared to $23.4 million in the first quarter of 2026. The increase in the second quarter of 2026 was primarily attributed to higher operational revenue. For more information regarding mortgage banking revenue, see Table 16 in this report.
The Company recognized approximately $1.8 million in net gains on investment securities in the second quarter of 2026 compared to approximately $31,000 in net losses in the first quarter of 2026. The net gains in the second quarter of 2026 were primarily the result of fair value adjustments on the Company’s equity investment securities with a readily determinable fair value.
For more information regarding non-interest income, see Table 15 in this report.
Non-interest expense totaled $397.5 million in the second quarter of 2026, increasing $14.9 million, compared to $382.6 million in the first quarter of 2026. Non-interest expense, as a percent of average assets, remained stable at 2.21% in the second quarter of 2026.
Salaries and employee benefits expense increased by approximately $5.6 million in the second quarter of 2026, compared to the first quarter of 2026. This was primarily driven by higher commissions and incentives expense attributable to an increase in mortgage originations and a full quarter impact of the annual merit increases reflected in base salaries.
Advertising and marketing expense in the second quarter of 2026 totaled $20.4 million, which was a $7.2 million increase as compared to the first quarter of 2026. The increase in the second quarter was primarily driven by summer sports sponsorships and other community sponsorship events. Marketing costs are incurred to promote the Company’s brand, commercial banking capabilities and the Company’s various products, to attract loans and deposits and to announce new branch openings as well as the expansion of the Company’s non-bank businesses. The level of marketing expenditures depends on the timing of sponsorship programs utilized which are determined based on the market area, targeted audience, competition and various other factors. Generally, these expenses are elevated in the second and third quarters of each year.
FDIC insurance totaled $6.6 million in the second quarter of 2026, a $4.4 million decrease from the first quarter of 2026. This was primarily the result of a reversal of the $5.2 million FDIC special assessment recorded in the first quarter of 2024. The special assessments were in response to certain bank failures in 2023 and the reversal is based on the FDIC’s final determination of losses to its Deposit Insurance Fund.
For more information regarding non-interest expense, see Table 17 in this report.
The Company recorded income tax expense of $84.3 million in the second quarter of 2026 compared to $73.6 million in the first quarter of 2026. The effective tax rates were 26.5% in the second quarter of 2026 compared to 24.4% in the first quarter of 2026. The effective tax rates were impacted by the tax effects related to share-based compensation which fluctuate based on the Company’s stock price and timing of employee stock option exercises and vesting of other share-based awards. The Company recorded net excess tax benefits of $140,000 in the second quarter of 2026, compared to net excess tax benefits of $6.6 million in the first quarter of 2026 related to share-based compensation.
Through community banking, the Company provides banking and financial services primarily to individuals, small to mid-sized businesses, local governmental units and institutional clients residing primarily in the local areas the Company services. In the second quarter of 2026, community banking increased its commercial, commercial real estate and residential real estate loan portfolios.
Mortgage banking revenue was $27.4 million for the second quarter of 2026, an increase of $4.0 million compared to the first quarter of 2026. See Table 16 for more detail. Service charges on deposit accounts totaled $21.2 million in the second quarter of 2026 as compared to $21.0 million in the first quarter of 2026. The Company’s gross commercial and commercial real estate loan pipelines remained solid as of June 30, 2026 indicating momentum for expected continued loan growth in the third quarter of 2026.
Through specialty finance, the Company offers financing of insurance premiums for businesses and individuals, equipment financing through structured loans and lease products to customers in a variety of industries, accounts receivable financing and value-added, out-sourced administrative services and other services. Originations within the insurance premium financing receivables portfolios were approximately $5.8 billion during the second quarter of 2026. Average balances increased by $361.6 million, as compared to the first quarter of 2026. The Company’s leasing divisions’ portfolio balances increased in the second quarter of 2026, with capital leases, loans, and equipment on operating leases of $3.1 billion, $1.2 billion, and $363.7 million as of June 30, 2026, respectively, compared to $3.0 billion, $1.2 billion, and $362.8 million as of March 31, 2026, respectively. Revenues from the Company’s out-sourced administrative services business were $1.3 million in the second quarter of 2026, which was relatively stable compared to the first quarter of 2026.
Through wealth management, the Company offers a full range of wealth management services, including trust and investment services, tax-deferred like-kind exchange services, asset management, and securities brokerage services. Wealth management revenue totaled $39.9 million in the second quarter of 2026, a decrease as compared to the first quarter of 2026. At June 30, 2026, the Company’s wealth management subsidiaries had approximately $49.7 billion of assets under administration, which excludes assets owned by the Company and its subsidiary banks.
WINTRUST FINANCIAL CORPORATION
Wintrust’s key operating measures and growth rates for the second quarter of 2026, as compared to the first quarter of 2026 (sequential quarter) and second quarter of 2025 (linked quarter), are shown in the table below:
|
% or(1) |
% or |
||||||||||||||||
|
Three Months Ended |
|||||||||||||||||
|
(Dollars in thousands, except per share data) |
Jun 30, 2026 |
Mar 31, 2026 |
Jun 30, 2025 |
||||||||||||||
|
Net income |
$ |
233,693 |
$ |
227,388 |
$ |
195,527 |
3 |
% |
20 |
% |
|||||||
|
Pre-tax income, excluding provision for credit losses (non-GAAP)(2) |
341,098 |
330,534 |
289,322 |
3 |
18 |
||||||||||||
|
Net income per common share – Diluted |
3.30 |
3.22 |
2.78 |
2 |
19 |
||||||||||||
|
Cash dividends declared per common share |
0.55 |
0.55 |
0.50 |
— |
10 |
||||||||||||
|
Net revenue(3) |
738,635 |
713,166 |
670,783 |
4 |
10 |
||||||||||||
|
Net interest income |
597,366 |
579,024 |
546,694 |
3 |
9 |
||||||||||||
|
Net interest margin |
3.50 |
% |
3.54 |
% |
3.52 |
% |
(4 |
) |
bps |
(2 |
) |
bps |
|||||
|
Net interest margin – fully taxable-equivalent (non-GAAP)(2) |
3.52 |
3.56 |
3.54 |
(4 |
) |
(2 |
) |
||||||||||
|
Net overhead ratio(4) |
1.42 |
1.44 |
1.57 |
(2 |
) |
(15 |
) |
||||||||||
|
Return on average assets |
1.30 |
1.32 |
1.19 |
(2 |
) |
11 |
|||||||||||
|
Return on average common equity |
12.82 |
12.76 |
12.07 |
6 |
75 |
||||||||||||
|
Return on average tangible common equity (non-GAAP)(2) |
14.91 |
14.89 |
14.44 |
2 |
47 |
||||||||||||
|
At end of period |
|||||||||||||||||
|
Total assets |
$ |
74,668,135 |
$ |
72,157,433 |
$ |
68,983,318 |
14 |
% |
8 |
% |
|||||||
|
Total loans(5) |
55,654,947 |
54,071,292 |
51,041,679 |
12 |
9 |
||||||||||||
|
Total deposits |
61,141,275 |
58,914,382 |
55,816,811 |
15 |
10 |
||||||||||||
|
Total shareholders’ equity |
7,525,116 |
7,378,100 |
7,225,696 |
8 |
4 |
||||||||||||
% or(1)basis point (bp) change from1st Quarter2026
% orbasis point (bp) change from2nd Quarter2025
(Dollars in thousands, except per share data)
Pre-tax income, excluding provision for credit losses (non-GAAP)(2)
Net income per common share – Diluted
Cash dividends declared per common share
Net interest margin – fully taxable-equivalent (non-GAAP)(2)
Return on average common equity
Return on average tangible common equity (non-GAAP)(2)
Total shareholders’ equity
(1) Period-end balance sheet percentage changes are annualized.(2) See Table 18: Supplemental Non-GAAP Financial Measures/Ratios for additional information on this performance measure/ratio.(3) Net revenue is net interest income plus non-interest income.(4) The net overhead ratio is calculated by netting total non-interest expense and total non-interest income, annualizing this amount, and dividing by that period’s average total assets. A lower ratio indicates a higher degree of efficiency.(5) Excludes mortgage loans held-for-sale.
Certain returns, yields, performance ratios, or quarterly growth rates are “annualized” in this presentation to represent an annual time period. This is done for analytical purposes to better discern, for decision-making purposes, underlying performance trends when compared to full-year or year-over-year amounts. For example, a 5% growth rate for a quarter would represent an annualized 20% growth rate.
WINTRUST FINANCIAL CORPORATIONSelected Financial Highlights
|
Three Months Ended |
Six Months Ended |
||||||||||||||||||||||||||
|
(Dollars in thousands, except per share data) |
Jun 30, |
Mar 31, |
Dec 31, |
Sep 30, |
Jun 30, |
Jun 30, |
Jun 30, |
||||||||||||||||||||
|
Selected Financial Condition Data (at end of period): |
|||||||||||||||||||||||||||
|
Total assets |
$ |
74,668,135 |
$ |
72,157,433 |
$ |
71,142,046 |
$ |
69,629,638 |
$ |
68,983,318 |
|||||||||||||||||
|
Total loans(1) |
55,654,947 |
54,071,292 |
53,105,101 |
52,063,482 |
51,041,679 |
||||||||||||||||||||||
|
Total deposits |
61,141,275 |
58,914,382 |
57,717,191 |
56,711,381 |
55,816,811 |
||||||||||||||||||||||
|
Total shareholders’ equity |
7,525,116 |
7,378,100 |
7,258,715 |
7,045,757 |
7,225,696 |
||||||||||||||||||||||
|
Selected Statements of Income Data: |
|||||||||||||||||||||||||||
|
Net interest income |
$ |
597,366 |
$ |
579,024 |
$ |
583,874 |
$ |
567,010 |
$ |
546,694 |
$ |
1,176,390 |
$ |
1,073,168 |
|||||||||||||
|
Net revenue(2) |
738,635 |
713,166 |
714,264 |
697,837 |
670,783 |
1,451,801 |
1,313,891 |
||||||||||||||||||||
|
Net income |
233,693 |
227,388 |
223,024 |
216,254 |
195,527 |
461,081 |
384,566 |
||||||||||||||||||||
|
Pre-tax income, excluding provision for credit losses (non-GAAP)(3) |
341,098 |
330,534 |
329,811 |
317,809 |
289,322 |
671,632 |
566,340 |
||||||||||||||||||||
|
Net income per common share – Basic |
3.34 |
3.26 |
3.21 |
2.82 |
2.82 |
6.60 |
5.55 |
||||||||||||||||||||
|
Net income per common share – Diluted |
3.30 |
3.22 |
3.15 |
2.78 |
2.78 |
6.52 |
5.47 |
||||||||||||||||||||
|
Cash dividends declared per common share |
0.55 |
0.55 |
0.50 |
0.50 |
0.50 |
1.10 |
1.00 |
||||||||||||||||||||
|
Selected Financial Ratios and Other Data: |
|||||||||||||||||||||||||||
|
Performance Ratios: |
|||||||||||||||||||||||||||
|
Net interest margin |
3.50 |
% |
3.54 |
% |
3.52 |
% |
3.48 |
% |
3.52 |
% |
3.52 |
% |
3.53 |
% |
|||||||||||||
|
Net interest margin – fully taxable-equivalent (non-GAAP)(3) |
3.52 |
3.56 |
3.54 |
3.50 |
3.54 |
3.54 |
3.55 |
||||||||||||||||||||
|
Non-interest income to average assets |
0.79 |
0.78 |
0.74 |
0.76 |
0.76 |
0.78 |
0.75 |
||||||||||||||||||||
|
Non-interest expense to average assets |
2.21 |
2.21 |
2.19 |
2.21 |
2.32 |
2.21 |
2.32 |
||||||||||||||||||||
|
Net overhead ratio(4) |
1.42 |
1.44 |
1.45 |
1.45 |
1.57 |
1.43 |
1.57 |
||||||||||||||||||||
|
Return on average assets |
1.30 |
1.32 |
1.27 |
1.26 |
1.19 |
1.31 |
1.19 |
||||||||||||||||||||
|
Return on average common equity |
12.82 |
12.76 |
12.63 |
11.58 |
12.07 |
12.79 |
12.14 |
||||||||||||||||||||
|
Return on average tangible common equity (non-GAAP)(3) |
14.91 |
14.89 |
14.83 |
13.74 |
14.44 |
14.90 |
14.57 |
||||||||||||||||||||
|
Average total assets |
$ |
72,161,723 |
$ |
70,089,123 |
$ |
69,492,268 |
$ |
68,303,036 |
$ |
65,840,345 |
$ |
71,131,148 |
$ |
64,978,481 |
|||||||||||||
|
Average total shareholders’ equity |
7,474,449 |
7,387,713 |
7,166,608 |
6,955,543 |
6,862,040 |
7,431,321 |
6,662,598 |
||||||||||||||||||||
|
Average loans to average deposits ratio |
92.6 |
% |
93.1 |
% |
92.4 |
% |
92.5 |
% |
93.0 |
% |
92.8 |
% |
92.7 |
% |
|||||||||||||
|
Period-end loans to deposits ratio |
91.0 |
91.8 |
92.0 |
91.8 |
91.4 |
||||||||||||||||||||||
|
Common Share Data at end of period: |
|||||||||||||||||||||||||||
|
Market price per common share |
$ |
160.72 |
$ |
138.94 |
$ |
139.82 |
$ |
132.44 |
$ |
123.98 |
|||||||||||||||||
|
Book value per common share |
105.26 |
103.10 |
102.03 |
98.87 |
95.43 |
||||||||||||||||||||||
|
Tangible book value per common share (non-GAAP)(3) |
92.13 |
89.90 |
88.66 |
85.39 |
81.86 |
||||||||||||||||||||||
|
Common shares outstanding |
67,455,414 |
67,437,300 |
66,974,913 |
66,961,209 |
66,937,732 |
||||||||||||||||||||||
|
Other Data at end of period: |
|||||||||||||||||||||||||||
|
Common equity to assets ratio |
9.5 |
% |
9.6 |
% |
9.6 |
% |
9.5 |
% |
9.3 |
% |
|||||||||||||||||
|
Tangible common equity ratio (non-GAAP)(3) |
8.4 |
8.5 |
8.5 |
8.3 |
8.0 |
||||||||||||||||||||||
|
Tier 1 leverage ratio(5) |
9.8 |
9.8 |
9.6 |
9.5 |
10.2 |
||||||||||||||||||||||
|
Risk-based capital ratios: |
|||||||||||||||||||||||||||
|
Tier 1 capital ratio(5) |
11.1 |
11.1 |
11.0 |
10.9 |
11.5 |
||||||||||||||||||||||
|
Common equity tier 1 capital ratio(5) |
10.4 |
10.4 |
10.3 |
10.2 |
10.0 |
||||||||||||||||||||||
|
Total capital ratio(5) |
12.4 |
12.6 |
12.4 |
12.4 |
13.0 |
||||||||||||||||||||||
|
Allowance for credit losses(6) |
$ |
481,189 |
$ |
471,591 |
$ |
460,465 |
$ |
454,586 |
$ |
457,461 |
|||||||||||||||||
|
Allowance for loan and unfunded lending-related commitment losses to total loans |
0.86 |
% |
0.87 |
% |
0.87 |
% |
0.87 |
% |
0.90 |
% |
|||||||||||||||||
|
Number of: |
|||||||||||||||||||||||||||
|
Bank subsidiaries |
16 |
16 |
16 |
16 |
16 |
||||||||||||||||||||||
|
Banking offices |
210 |
209 |
209 |
208 |
208 |
||||||||||||||||||||||
(Dollars in thousands, except per share data)
Selected Financial Condition Data (at end of period):
Total shareholders’ equity
Selected Statements of Income Data:
Pre-tax income, excluding provision for credit losses (non-GAAP)(3)
Net income per common share – Basic
Net income per common share – Diluted
Cash dividends declared per common share
Selected Financial Ratios and Other Data:
Net interest margin – fully taxable-equivalent (non-GAAP)(3)
Non-interest income to average assets
Non-interest expense to average assets
Return on average common equity
Return on average tangible common equity (non-GAAP)(3)
Average total shareholders’ equity
Average loans to average deposits ratio
Period-end loans to deposits ratio
Common Share Data at end of period:
Market price per common share
Book value per common share
Tangible book value per common share (non-GAAP)(3)
Other Data at end of period:
Common equity to assets ratio
Tangible common equity ratio (non-GAAP)(3)
Risk-based capital ratios:
Common equity tier 1 capital ratio(5)
Allowance for credit losses(6)
Allowance for loan and unfunded lending-related commitment losses to total loans
(1) Excludes mortgage loans held-for-sale.(2) Net revenue is net interest income plus non-interest income.(3) SeeTable 18: Supplemental Non-GAAP Financial Measures/Ratios for additional information on this performance measure/ratio.(4) The net overhead ratio is calculated by netting total non-interest expense and total non-interest income, annualizing this amount, and dividing by that period’s average total assets. A lower ratio indicates a higher degree of efficiency.(5) Capital ratios for current quarter-end are estimated.(6) The allowance for credit losses includes the allowance for loan losses, the allowance for unfunded lending-related commitments and the allowance for held-to-maturity securities losses.
WINTRUST FINANCIAL CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CONDITION
|
(Unaudited) |
(Unaudited) |
(Unaudited) |
(Unaudited) |
|||||||||||||||||
|
Jun 30, |
Mar 31, |
Dec 31, |
Sep 30, |
Jun 30, |
||||||||||||||||
|
(In thousands) |
2026 |
2026 |
2025 |
2025 |
2025 |
|||||||||||||||
|
Assets |
||||||||||||||||||||
|
Cash and due from banks |
$ |
595,790 |
$ |
543,654 |
$ |
467,874 |
$ |
565,406 |
$ |
695,501 |
||||||||||
|
Federal funds sold and securities purchased under resale agreements |
65 |
65 |
64 |
63 |
63 |
|||||||||||||||
|
Interest-bearing deposits with banks |
3,573,915 |
3,051,665 |
3,180,553 |
3,422,452 |
4,569,618 |
|||||||||||||||
|
Available-for-sale securities, at fair value |
7,587,545 |
7,244,282 |
6,236,263 |
5,274,124 |
4,885,715 |
|||||||||||||||
|
Held-to-maturity securities, at amortized cost |
3,196,452 |
3,270,207 |
3,343,905 |
3,438,406 |
3,502,186 |
|||||||||||||||
|
Equity securities with readily determinable fair value |
65,815 |
63,786 |
63,770 |
63,445 |
273,722 |
|||||||||||||||
|
Federal Home Loan Bank and Federal Reserve Bank stock |
294,629 |
292,044 |
291,881 |
282,755 |
282,087 |
|||||||||||||||
|
Mortgage loans held-for-sale, at fair value |
407,495 |
383,405 |
340,745 |
333,883 |
299,606 |
|||||||||||||||
|
Loans, net of unearned income |
55,654,947 |
54,071,292 |
53,105,101 |
52,063,482 |
51,041,679 |
|||||||||||||||
|
Allowance for loan losses |
(402,952 |
) |
(390,651 |
) |
(379,283 |
) |
(386,622 |
) |
(391,654 |
) |
||||||||||
|
Net loans |
55,251,995 |
53,680,641 |
52,725,818 |
51,676,860 |
50,650,025 |
|||||||||||||||
|
Premises, software and equipment, net |
778,958 |
777,603 |
781,611 |
775,425 |
776,324 |
|||||||||||||||
|
Lease investments, net |
363,664 |
362,766 |
360,646 |
301,000 |
289,768 |
|||||||||||||||
|
Accrued interest receivable and other assets |
1,666,474 |
1,596,617 |
1,617,682 |
1,614,674 |
1,610,025 |
|||||||||||||||
|
Receivable on unsettled securities sales |
— |
— |
835,275 |
978,209 |
240,039 |
|||||||||||||||
|
Goodwill |
797,219 |
797,658 |
797,960 |
797,639 |
798,144 |
|||||||||||||||
|
Other acquisition-related intangible assets |
88,119 |
93,040 |
97,999 |
105,297 |
110,495 |
|||||||||||||||
|
Total assets |
$ |
74,668,135 |
$ |
72,157,433 |
$ |
71,142,046 |
$ |
69,629,638 |
$ |
68,983,318 |
||||||||||
|
Liabilities and Shareholders’ Equity |
||||||||||||||||||||
|
Deposits: |
||||||||||||||||||||
|
Non-interest-bearing |
$ |
11,796,736 |
$ |
12,112,891 |
$ |
11,423,701 |
$ |
10,952,146 |
$ |
10,877,166 |
||||||||||
|
Interest-bearing |
49,344,539 |
46,801,491 |
46,293,490 |
45,759,235 |
44,939,645 |
|||||||||||||||
|
Total deposits |
61,141,275 |
58,914,382 |
57,717,191 |
56,711,381 |
55,816,811 |
|||||||||||||||
|
Federal Home Loan Bank advances |
3,450,680 |
3,451,309 |
3,451,309 |
3,151,309 |
3,151,309 |
|||||||||||||||
|
Other borrowings |
370,736 |
340,647 |
477,966 |
579,328 |
625,392 |
|||||||||||||||
|
Subordinated notes |
298,820 |
298,717 |
298,636 |
298,536 |
298,458 |
|||||||||||||||
|
Junior subordinated debentures |
253,566 |
253,566 |
253,566 |
253,566 |
253,566 |
|||||||||||||||
|
Payable on unsettled securities purchases |
— |
— |
— |
— |
39,105 |
|||||||||||||||
|
Accrued interest payable and other liabilities |
1,627,942 |
1,520,712 |
1,684,663 |
1,589,761 |
1,572,981 |
|||||||||||||||
|
Total liabilities |
67,143,019 |
64,779,333 |
63,883,331 |
62,583,881 |
… |
|||||||||||||||
Federal funds sold and securities purchased under resale agreements
Interest-bearing deposits with banks
Available-for-sale securities, at fair value
Held-to-maturity securities, at amortized cost
Equity securities with readily determinable fair value
Federal Home Loan Bank and Federal Reserve Bank stock
Mortgage loans held-for-sale, at fair value
Loans, net of unearned income
Premises, software and equipment, net
Accrued interest receivable and other assets
Receivable on unsettled securities sales
Other acquisition-related intangible assets
Liabilities and Shareholders’ Equity
Federal Home Loan Bank advances
Junior subordinated debentures
Payable on unsettled securities purchases
Accrued interest payable and other liabilities