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    Wintrust Financial Corp (WTFC)

    Financials

    Updated May 5, 2025, 10:37 PM UTC
    Income Statement - MetricFY 2014FY 2015FY 2016FY 2017FY 2018FY 2019FY 2020FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Interest and fees on loans [USD, thousands]694,943.002,540,952710,341749,812.00794,163.00789,038.003,043,354768,362
    Total interest income [USD, thousands]793,848.002,893,114805,513849,979.00908,604.00913,501.003,477,597886,965
    Interest on deposits [USD, thousands]285,390.00906,470299,532335,703.00362,019.00346,388.001,343,642320,233
    Interest on Federal Home Loan Bank advances [USD, thousands]18,316.0072,28622,04824,797.0026,254.0026,050.0099,14925,441
    Interest on other borrowings [USD, thousands]9,557.0035,2809,2488,700.009,013.007,519.0034,4806,792
    Interest on subordinated notes [USD, thousands]5,522.0022,0245,4875,185.003,712.003,733.0018,1173,714
    Interest on junior subordinated debentures [USD, thousands]5,089.0019,1905,0044,984.005,023.004,663.0019,6744,311
    Total interest expense [USD, thousands]323,874.001,055,250341,319379,369.00406,021.00388,353.001,515,062360,491
    Net interest income [USD, thousands]469,974.001,837,864464,194470,610.00502,583.00525,148.001,962,535526,474
    Provision for credit losses [USD, thousands]42,908.00114,39021,67340,061.0022,334.0016,979.00101,04723,963
    Net interest income after provision for credit losses [USD, thousands]427,066.001,723,474442,521430,549.00480,249.00508,169.001,861,488502,511
    Wealth management [USD, thousands]33,275.00130,60734,81535,413.0037,224.0038,775.00146,22734,042
    Mortgage banking [USD, thousands]7,433.0083,07327,66329,124.0015,974.0020,452.0093,21320,529
    Service charges on deposit accounts [USD, thousands]14,522.0055,25014,81115,546.0016,430.0018,864.0065,65119,362
    Gains (losses) on investment securities, net [USD, thousands]2,484.001,5251,326(4,282.00)3,189.00(2,835.00)(2,602)3,196
    Fees from covered call options [USD, thousands]4,679.0021,8634,8472,056.00988.002,305.0010,1963,446
    Trading (losses) gains, net [USD, thousands](505.00)1,14267770.00(130.00)(113.00)504(64)
    Operating lease income, net [USD, thousands]14,162.0053,29814,11013,938.0015,335.0015,327.0058,71015,287
    Other non-interest income [USD, thousands]24,779.0087,34842,33129,282.0024,137.0020,676.00116,42620,836
    Total non-interest income [USD, thousands]100,829.00434,106140,580121,147.00113,147.00113,451.00488,325116,634
    Salaries and employee benefits [USD, thousands]193,971.00748,013195,173198,541.00211,261.00212,133.00817,108211,526
    Software and equipment [USD, thousands]27,779.00104,63227,73129,231.0031,574.0034,258.00122,79434,717
    Operating lease equipment [USD, thousands]10,694.0042,36310,68310,834.0010,518.0010,263.0042,29810,471
    Occupancy, net [USD, thousands]18,102.0077,06819,08619,585.0019,945.0020,597.0079,21320,778
    Data processing [USD, thousands]8,892.0038,8009,2929,503.009,984.0010,957.0039,73611,274
    Advertising and marketing [USD, thousands]17,166.0065,07513,04017,436.0018,239.0013,097.0061,81212,272
    Professional fees [USD, thousands]8,768.0034,7589,5539,967.009,783.0011,334.0040,6379,044
    Amortization of other acquisition-related intangible assets [USD, thousands]1,356.005,4981,1581,122.004,042.005,773.0012,0955,618
    FDIC insurance [USD, thousands]43,677.0071,10214,53710,429.0010,512.0010,640.0046,11810,926
    OREO expenses, net [USD, thousands](1,559.00)(1,528)392(259.00)(938.00)397.00(408)643
    Other non-interest expense [USD, thousands]33,806.00126,71832,50033,964.0035,767.0039,090.00141,32138,821
    Total non-interest expense [USD, thousands]362,652.001,312,499333,145340,353.00360,687.00368,539.001,402,724366,090
    Income before taxes [USD, thousands]165,243.00845,081249,956211,343.00232,709.00253,081.00947,089253,055
    Income tax expense [USD, thousands]41,763.00222,45562,66258,955.0062,708.0067,719.00252,04464,016
    Net income [USD, thousands]123,480.00622,626187,294152,388.00170,001.00185,362.00695,045189,039
    Preferred stock dividends [USD, thousands]6,991.0027,9646,9916,991.006,991.006,991.0027,9646,991
    Net income applicable to common shares [USD, thousands]116,489.00594,662180,303145,397.00163,010.00178,371.00667,081182,048
    Net income per common share - Basic [USD]1.909.722.932.352.512.6810.472.73
    Net income per common share - Diluted [USD]1.879.582.892.322.462.6410.312.69
    Balance Sheet - MetricFY 2014FY 2015FY 2016FY 2017FY 2018FY 2019FY 2020FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Total deposits (USD, thousands)45,397,17045,397,17046,448,85848,049,02651,404,96652,512,34952,512,34953,570,038
    Junior subordinated debentures (USD, thousands)253,566253,566253,566253,566253,566253,566253,566253,566
    Accrued interest payable and other liabilities (USD, thousands)1,799,9221,799,9221,747,9851,861,2951,613,6381,785,0611,785,0611,466,987
    Total liabilities (USD, thousands)50,860,40850,860,40852,140,53354,244,88857,388,71058,535,37158,535,37159,269,529
    Preferred stock (USD, thousands)412,500412,500412,500412,500412,500412,500412,500412,500
    Common stock (USD, thousands)61,26961,26961,79861,82566,54666,56066,56067,007
    Surplus (USD, thousands)1,943,8061,943,8061,954,5321,964,6452,470,2282,482,5612,482,5612,494,347
    Treasury stock (USD, thousands)(2,217)(2,217)(5,757)(5,760)(6,098)(6,153)(6,153)(9,156)
    Retained earnings (USD, thousands)3,345,3993,345,3993,498,4753,615,6163,748,7153,897,1643,897,1644,045,854
    Accumulated other comprehensive loss (USD, thousands)(361,231)(361,231)(485,148)(512,198)(292,177)(508,335)(508,335)(410,015)
    Total shareholders’ equity (USD, thousands)5,399,5265,399,5265,436,4005,536,6286,399,7146,344,2976,344,2976,600,537
    Total liabilities and shareholders’ equity (USD, thousands)56,259,93456,259,93457,576,93359,781,51663,788,42464,879,66864,879,66865,870,066
    Cash Flow - MetricFY 2014FY 2015FY 2016FY 2017FY 2018FY 2019FY 2020FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Net Cash Provided by Operating Activities (USD, thousands)247,927.00744,37671,125221,240.00(61,626.00)490,818.00721,557119,754
    Net Cash Used for Investing Activities (USD, thousands)(609,725.00)(3,237,816)(1,419,170)(2,145,404.00)(663,356.00)(1,718,433.00)(5,946,363)(973,374)
    Net Cash Provided by Financing Activities (USD, thousands)367,114.002,425,9381,304,4671,959,802.001,040,586.00955,023.005,259,8781,011,363
    Net Increase (Decrease) in Cash and Cash Equivalents (USD, thousands)5,316.00(67,502)(43,578)35,638.00315,604.00(272,592.00)35,072157,743
    Cash and Cash Equivalents at Beginning of Period (USD, thousands)490,966490,966423,464423,464423,464423,464423,464-
    Revenue by Segment - in Millions of USDFY 2014FY 2015FY 2016FY 2017FY 2018FY 2019FY 2020FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Community Banking--------
    - Net Interest Income---8.659----
    - Non-Interest Income----18.394----
    - Total Revenue----9.735----
    Specialty Finance--------
    Wealth Management--------
    Intersegment Eliminations--------
    Product Revenue (Non-Interest Income)--------
    - Wealth Management-66.7933.8634.835.413----
    - Mortgage Banking7.4383.07327.729.124---20.5
    - Service Charges14.5255.25014.815.546---19.4
    - Gains/Losses on Securities2.481.5251.3-4.282---3.2
    - Fees from Options4.6721.8634.82.056---3.4
    - Trading Gains/Losses-0.511.1420.70.070----0.06
    - Lease Income14.1653.29814.113.938---15.3
    - Other Income24.7887.34842.329.282---20.8
    Total Revenue570.82,271.970604.8591.757615.730717.572,529.853643.1
    KPIs - Metric (Unit, Scale)FY 2014FY 2015FY 2016FY 2017FY 2018FY 2019FY 2020FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Number of separate bank charters (count)-15----16-
    Number of offices (count)-174----205-
    Percentage of mortgage originations from retail (percentage)-71----72-
    Percentage of mortgage originations from Veterans First (percentage)-29----28-
    Percentage of mortgage originations from purchases (percentage)-83----75-
    Percentage of mortgage originations from refinances (percentage)-17----25-
    Mortgage production margin (percentage)-2.08----1.86-
    Loans serviced for others (USD in thousands)-12,007,165----12,400,913-
    Mortgage servicing rights as a percentage of loans serviced for others (percentage)-1.60----1.64-