Wintrust Financial (WTFC) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of bu ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________ FORM 10-Q _________________________________________ ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ☐ For the transition period from to Commission File Number 001-35077 _______________________________ ...

Wintrust Financial Corporation (NASDAQ:WTFC) Q1 2024 Earnings Conference Call April 18, 2024 11:00 AM ET Company Participants Tim Crane - President & Chief Executive Officer David Dykstra - Vice Chairman & Chief Operating Officer Richard Murphy - Vice Chairman & Chief Lending Officer Conference Call Participants Jon Arfstrom - RBC Capital Markets Chris McGratty - KBW David Long - Raymond James Casey Haire - Jefferies Terry McEvoy - Stephens Inc. Nathan Race - Piper Sandler Ben Gerlinger - Citi Jeff Rulis - ...

Wintrust Financial Corporation Earnings Release Presentation Q1 2024 WINTRUST Forward Looking Statements PENDING - LEGAL 22 This document contains forward-looking statements within the meaning of federal securities laws. Forward-looking information can be identified through the use of words such as "intend," "plan," "project," "expect," "anticipate," "believe," "estimate," "contemplate," "possible," "will," "may," "should," "would" and "could." Forward-looking statements and information are not historical f ...

News Release Wintrust Financial Corporation Reports Record First Quarter 2024 Net Income Additionally, Mr. Crane noted, "The first quarter exhibited funding strong loan growth with competitively-priced deposits in accordance with the increased loan demand. Increasing our long-term franchise value and net interest income remains our focus as we consider opportunities in the markets we serve." Mr. Crane noted, "Our net interest margin for the first quarter stayed within our expected range, decreasing by five ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☑ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2023 ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Transition Period from to Commission File Number 001-35077 Wintrust Financial Corporation (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organi ...

Financial Data and Key Metrics Changes - For the full year 2023, the company reported record net income of just over $622 million, up 22% compared to 2022 [7] - In Q4 2023, net income was just over $123 million, despite recognizing a $34.4 million extraordinary expense related to the FDIC Fund and a $10 million write-down of certain mortgage-related assets [9] - Record net interest income of $470 million in Q4 2023, an increase of approximately $8 million from Q3 2023, driven by a net interest margin increase of 2 basis points to 3.64% [10][18] Business Line Data and Key Metrics Changes - Loans grew by approximately $686 million or 7% on an annualized basis in Q4 2023, primarily driven by commercial real estate and commercial premium finance [15] - Total non-interest income was $100.8 million in Q4 2023, down approximately $11.6 million from the prior quarter, mainly due to a $20 million decline in mortgage banking revenue [24] - Non-interest expenses totaled $362.7 million in Q4 2023, up approximately $32.6 million from the prior quarter, largely due to a $34.4 million special assessment by the FDIC [29] Market Data and Key Metrics Changes - Total assets grew by approximately $705 million in Q4 2023, with a slight increase in the loan-to-deposit ratio [17] - Non-interest bearing deposits remained stable at 23% of total deposits, indicating stabilization in the latter half of 2023 [16] Company Strategy and Development Direction - The company aims to continue loan growth in the mid to high-single digit range, funded through deposit increases at similar levels [51] - Management believes the company is well-positioned to take advantage of the current environment with its diverse business model and strong market presence in Chicago and Milwaukee [49] Management Comments on Operating Environment and Future Outlook - Management expects credit performance to normalize from low levels, with continued low losses and non-performing loans (NPLs) [11] - The company anticipates maintaining a stable net interest margin in a narrow range, assuming interest rates remain relatively stable [20] - Management expressed optimism about loan growth in 2024, supported by a diversified portfolio and solid pipelines [38] Other Important Information - The tangible book value increased by $385 million to over $70 a share during Q4 2023, reflecting a material improvement in accumulated other comprehensive income (AOCI) [12] - The company has a strong liquidity position and has consistently increased its book value over the past decade [13] Q&A Session Summary Question: Can you talk about your expectations for the margin to remain in the current range? - Management indicated that the asset-sensitive loan book continues to reprice closely with deposit costs, expecting stability in the spread between loans and deposits [53][54] Question: What is the outlook for mortgage revenue? - Management noted that application volumes are increasing early in 2024, suggesting a potential rebound in mortgage revenue [60] Question: Can you discuss the potential need to build reserves in early 2024? - Management stated that the current reserves are adequate, and the provisioning is influenced by macroeconomic factors rather than solely the quality of the portfolio [64][66] Question: What is the capital outlook for 2024? - Management confirmed that earnings should support loan growth, and while M&A conversations are active, there is no immediate change expected [71] Question: How do you expect loan yields to trend in the middle part of the year? - Management indicated that the repricing of the commercial premium finance book is ongoing, while the life insurance premium finance book's yields are expected to remain stable [108]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________ FORM 10-Q _________________________________________ ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ☐ For the transition period from to Commission File Number 001-35077 ___________________________ ...

Wintrust Financial Corporation (NASDAQ:WTFC) Q3 2023 Earnings Call Transcript October 18, 2023 11:00 AM ET Company Participants Tim Crane - President and Chief Executive Officer David Dykstra - Vice Chairman and Chief Operating Officer Richard Murphy - Vice Chairman and Chief Lending Officer Conference Call Participants Jon Arfstrom - RBC Capital Markets Chris McGratty - KBW Terry McEvoy - Stephens Inc. David Long - Raymond James Casey Haire - Jefferies Jeff Rulis - D.A. Davidson Brody Preston - UBS Operato ...

☐ Table of Contents For the transition period from to UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________ FORM 10-Q _________________________________________ ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Indicate by check mark whether the registrant (1) has filed all r ...