Company: WTFCN
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001015328-25-000093
Chunk: 48

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-02-28
Form: 10-K
Item: Item 8
Chunk 48
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886 Average common shares and dilutive common shares64,701 62,087 60,091 

See accompanying Notes to Consolidated Financial Statements.

99

WINTRUST FINANCIAL CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

Years Ended December 31,(In thousands)202420232022Net income$695,045 $622,626 $509,682 Unrealized (losses) gains on available-for-sale securitiesBefore tax(105,922)50,669 (537,602)Tax effect28,019 (14,455)143,270 Net of tax(77,903)36,214 (394,332)Reclassification of net gains on available-for-sale securities included in net incomeBefore tax1,236 951 439 Tax effect(321)(252)(118)Net of tax915 699 321 Reclassification of amortization of unrealized gains on investment securities transferred to held-to-maturity from available-for-saleBefore tax89 212 175 Tax effect(24)(57)(47)Net of tax65 155 128 Net unrealized (losses) gains on available-for-sale securities(78,883)35,360 (394,781)Unrealized (losses) gains on derivative instrumentsBefore tax(59,046)33,512 (26,882)Tax effect15,770 (8,844)7,152 Net unrealized (losses) gains on derivative instruments(43,276)24,668 (19,730)Foreign currency translation adjustmentBefore tax(30,518)7,788 (21,781)Tax effect5,573 (1,411)4,564 Net foreign currency translation adjustment(24,945)6,377 (17,217)Total other comprehensive (loss) income(147,104)66,405 (431,728)Comprehensive income$547,941 $689,031 $77,954 

See accompanying Notes to Consolidated Financial Statements.

100

WINTRUST FINANCIAL CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY 

(In thousands, except per share data)PreferredstockCommonstockSurplusTreasurystockRetainedearningsAccumulatedothercomprehensiveincome (loss)Totalshareholders’