Company: WTFCN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001015328-25-000207
Chunk: 150

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 2
Chunk 150
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 Company’s performance to the most directly comparable GAAP financial measures is shown below:

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Table of Contents

Three Months EndedNine Months Ended September 30,June 30,September 30,September 30,September 30,(Dollars and shares in thousands)20252025202420252024Reconciliation of Non-GAAP Net Interest Margin and Efficiency Ratio:(A) Interest Income (GAAP)$963,834 $920,908 $908,604 $2,771,707 $2,564,096 Taxable-equivalent adjustment: - Loans2,154 2,200 2,474 6,560 7,025  - Liquidity management assets675 680 668 2,045 1,785  - Other earning assets— — 2 3 10 (B) Interest Income (non-GAAP)$966,663 $923,788 $911,748 $2,780,315 $2,572,916 (C) Interest Expense (GAAP)396,824 374,214 406,021 1,131,529 1,126,709 (D) Net Interest Income (GAAP) (A minus C)567,010 546,694 502,583 1,640,178 1,437,387 (E) Net Interest Income, fully taxable-equivalent (non-GAAP) (B minus C)569,839 549,574 505,727 1,648,786 1,446,207 Net interest margin (GAAP)3.48 %3.52 %3.49 %3.51 %3.52 %Net interest margin, fully taxable-equivalent (non-GAAP)3.50 3.54 3.51 3.53 3.54 (F) Non-interest income$130,827 $124,089 $113,147 $371,550 $374,874 (G) Gains on investment securities, net2,972 650 3,189 6,818 233 (H) Non-interest expense380,028 381,461 360,687 1,127,579 1,034,185 Efficiency ratio (H/(D+F-G))54.69 %56.92 %58.88 %56.24 %57.07 %E