Company: WTFCN
Filing Date: 2025-05-05
Form Type: 10-Q
Source: 0001015328-25-000130
Chunk: 135

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-05-05
Form: 10-Q
Item: Item 2
Chunk 135
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Change due to number of days in each period(11,738)(5,188)Less: FTE adjustment(2,899)(2,899)Net interest income (GAAP)(1) for the period ended March 31, 2025$526,474 $526,474 FTE adjustment2,899 2,899 Net interest income, FTE basis (non-GAAP)(1)$529,373 $529,373 

(1) See “Supplemental Non-GAAP Financial Measures/Ratios” for additional information on this performance measure/ratio.

Non-interest Income

The following table presents non-interest income by category for the periods presented:

Three Months Ended$Change%Change(Dollars in thousands)March 31,2025March 31,2024Brokerage$4,757 $5,556 $(799)(14)%Trust and asset management29,285 29,259 26 0 Total wealth management (1)34,042 34,815 (773)(2)Mortgage banking20,529 27,663 (7,134)(26)Service charges on deposit accounts19,362 14,811 4,551 31 Gains on investment securities, net3,196 1,326 1,870 NMFees from covered call options3,446 4,847 (1,401)(29)Trading (losses) gains, net(64)677 (741)NMOperating lease income, net15,287 14,110 1,177 8 Other:Interest rate swap fees2,269 2,828 (559)(20)BOLI796 1,651 (855)(52)Administrative services1,393 1,217 176 14 Foreign currency remeasurement losses(183)(1,171)988 (84)Changes in fair value on EBOs and loans held-for-investment383 (439)822 NMEarly pay-offs of capital leases768 430 338 79 Miscellaneous15,410 37,815 (22,405)(59)Total Other20,836 42,331 (21,495)(51)Total Non-interest Income$116,634 $140,580 $(23,946)(17)%

(1)Wealth management revenue is comprised of the trust and asset management revenue of Win