Company: WTFCN
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001015328-25-000188
Chunk: 48

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 1
Chunk 48
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 and specialty finance segments, ‘Interest expense’ is a significant segment expense. Additionally, for each of the three reportable segments, ‘Salaries’, ‘Commissions and incentive compensation’ and ‘Benefits’ are significant segment expenses.  

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The following is a summary of certain operating information for reportable segments:(In thousands)CommunityBankingSpecialtyFinanceWealthManagementTotal Operating SegmentsIntersegment EliminationsConsolidatedThree Months Ended June 30, 2025:Interest income$800,316 $102,737 $4,964 $908,017 $12,891 $920,908 Interest expense363,660 10,427 127 374,214 — 374,214 Net interest income436,656 92,310 4,837 533,803 12,891 546,694 Provision for credit losses20,478 1,756 — 22,234 — 22,234 Non-interest income75,498 33,524 39,538 148,560 (24,471)124,089 Non-interest expense:Salaries96,902 15,638 10,103 122,643 531 123,174 Commissions and incentive compensation33,325 9,976 12,570 55,871 — 55,871 Benefits32,107 5,906 2,483 40,496 — 40,496 Other segment expenses (1)139,710 25,090 9,231 174,031 (12,111)161,920 Total non-interest expense302,044 56,610 34,387 393,041 (11,580)381,461 Income before taxes189,632 67,468 9,988 267,088 — 267,088 Income tax expense50,499 18,672 2,390 71,561 — 71,561 Net income$139,133 $48,796 $7,598 $195,527 $— $195,527 Total assets at period end$55,924,843 $12,062,568 $995,907 $68,983,318 $— $68,983,318 Three Months Ended June 30, 2024:Interest income$725,514 $107,650