Wintrust reported record net income of $461.1 million, or $6.52 per diluted common share, for the first six months of 2026, up 20% versus the same period in 2025. Quarterly net income was a record $233.7 million, or $3.30 per diluted common share, and pre-tax, pre-provision income (non-GAAP) reached $671.6 million year-to-date. The company recorded robust balance-sheet growth in Q2 with loans, deposits and total assets all increasing materially versus Q1 2026.

Financial Highlights

  • Net income (six months ended June 30, 2026): $461.1 million; diluted EPS: $6.52.
  • Quarterly net income (Q2 2026): $233.7 million; diluted EPS: $3.30 (Q1 2026: $227.4 million; $3.22).
  • Pre-tax, pre-provision income (non-GAAP): $671.6 million year-to-date (Q2 2026: $341.1 million; Q1 2026: $330.5 million).
  • Net interest income (Q2 2026): $597.4 million; net interest margin (GAAP) Q2: 3.50% (FTE, non-GAAP: 3.52%).
  • Non-interest income (Q2 2026): $141.3 million; non-interest expense (Q2 2026): $397.5 million; income tax expense (Q2 2026): $84.3 million (effective tax rate 26.5%).

Business Highlights

  • Total loans increased $1.6 billion sequentially to $55.655 billion at June 30, 2026, reflecting diversified growth across major loan categories and seasonal gains in premium finance receivables (property & casualty).
  • Total deposits rose $2.2 billion sequentially to $61.141 billion, driven by robust organic deposit growth across core deposit products; non-interest-bearing deposits represented 19% of total deposits.
  • Total assets grew $2.5 billion sequentially to $74.668 billion; period-end loans-to-deposits ratio was 91.0%.
  • Asset quality remained stable: allowance for credit losses rose to $481.2 million; net charge-offs in Q2 were $13.4 million (annualized 10 bps of average total loans); non-performing loans totaled $179.3 million (0.32% of total loans).
  • Segment and operational notes — mortgage banking: mortgage banking revenue Q2 2026 $27.4 million with higher operational revenue and MSR fair-value activity; wealth management AUA approximately $49.7 billion at June 30, 2026.

Original SEC Filing:

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