Wintrust Financial Corporation (WTFC)

Wintrust Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	2,969	2,558	1,529	1,166	1,177	1,240
Interest Income on Investments	388.55	335.37	218.52	109.79	115.69	144.67
Total Interest Income	3,358	2,893	1,747	1,275	1,293	1,385
Interest Paid on Deposits	1,283	906.47	175.2	88.12	189.18	278.89
Interest Paid on Borrowings	167.94	148.78	76.88	62.41	63.94	51.33
Total Interest Expense	1,451	1,055	252.08	150.53	253.11	330.22
Net Interest Income	1,907	1,838	1,495	1,125	1,040	1,055
Net Interest Income Growth (YoY)	4.53%	22.90%	32.93%	8.18%	-1.42%	9.33%
Trust Income	140.73	130.61	126.61	124.02	100.34	97.11
Mortgage Banking Activities	80.19	83.07	155.17	273.01	346.01	154.29
Income From Trading Activities	0.11	1.14	3.75	0.25	-1	-0.16
Gain (Loss) on Sale of Investments	2.72	1.53	-20.43	-1.06	-1.93	3.53
Other Non-Interest Income	189.13	161.33	136.67	135.14	115.12	113.29
Total Non-Interest Income	474.19	432.92	460.36	585.52	603.56	407.14
Non-Interest Income Growth (YoY)	11.32%	-5.96%	-21.38%	-2.99%	48.24%	14.51%
Revenues Before Loan Losses	2,382	2,271	1,956	1,710	1,643	1,462
Provision for Loan Losses	126.98	114.39	78.59	-59.26	214.22	53.86
Revenue	2,255	2,156	1,877	1,770	1,429	1,408
Revenue Growth (YoY)	5.77%	14.88%	6.07%	23.82%	1.49%	9.53%
Salaries and Employee Benefits	762.42	714.52	664.36	675.49	631.01	535.12
Occupancy Expenses	76.72	77.07	70.97	74.18	69.96	64.29
Federal Deposit Insurance	79.16	71.1	28.64	27.03	25	9.2
Amortization of Goodwill & Intangibles	7.68	5.5	6.12	7.73	11.02	11.84
Selling, General & Administrative	337.2	319.12	289.36	248.62	195.39	203.28
Other Non-Interest Expense	136.04	126.72	117.98	101.14	108.63	100.77
Total Non-Interest Expense	1,397	1,312	1,177	1,133	1,040	928.13
EBT Excluding Unusual Items	857.74	843.9	699.86	637.2	389.15	480.07
Other Unusual Items	1.51	1.18	0.69	0.6	0.63	0.04
Pretax Income	859.25	845.08	700.56	637.8	389.78	480.1
Income Tax Expense	226.09	222.46	190.87	171.65	96.79	124.4
Net Income	633.16	622.63	509.68	466.15	292.99	355.7
Preferred Dividends & Other Adjustments	27.96	27.96	27.96	27.96	21.38	8.2
Net Income to Common	605.2	594.66	481.72	438.19	271.61	347.5
Net Income Growth	-1.68%	22.16%	9.34%	59.10%	-17.63%	3.65%
Basic Shares Outstanding	62	61	59	57	58	57
Diluted Shares Outstanding	63	62	60	58	58	58
Shares Change (YoY)	2.20%	3.32%	3.99%	-0.40%	0.69%	0.72%
EPS (Basic)	9.70	9.72	8.14	7.69	4.72	6.11
EPS (Diluted)	9.55	9.58	8.02	7.58	4.68	6.03
EPS Growth	-3.90%	19.45%	5.80%	61.97%	-22.39%	2.90%
Dividend Per Share	1.750	1.600	1.360	1.240	1.120	1.000
Dividend Growth	13.64%	17.65%	9.68%	10.71%	12.00%	31.58%
Effective Tax Rate	26.31%	26.32%	27.25%	26.91%	24.83%	25.91%

Source: S&P Capital IQ. Banks template. Financial Sources.