Question · Q3 2025
John Rao inquired about potential non-bank M&A opportunities for Wintrust, specifically in the insurance or other fee-generating businesses. He also asked about any changes in the overall competitive landscape among larger banks, smaller banks, and private lenders throughout the year.
Answer
Timothy Crane, President and Chief Executive Officer, confirmed that Wintrust has historically acquired non-bank businesses, branches, or other entities, and would continue to evaluate such opportunities as they arise. Regarding the competitive environment, he noted no material changes, acknowledging the presence of private credit lenders winning some deals previously considered bank space. He emphasized Wintrust's continued disciplined approach to credit underwriting and business pursuit, stating that the current environment is not an impediment.