Company: WTFCN
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001015328-25-000093
Chunk: 166

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-02-28
Form: 10-K
Item: Item 8
Chunk 166
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es (gains) on available-for-sale debt securities and equity securities with readily determinable fair value, net913 (442)7,018 Depreciation and amortization35,627 25,840 27,642 Deferred income tax benefit(9,449)(6,176)(2,773)Stock-based compensation expense16,401 14,154 13,632 Increase in other assets(3,862)(3,978)(7,116)Increase (decrease) in other liabilities8,802 (6,059)(6,107)Equity in undistributed net income of subsidiaries(460,196)(473,735)(662,742)Net Cash Provided by (Used for) Operating Activities$283,281 $172,230 $(120,764)Investing Activities:Capital contributions to subsidiaries, net$— $— $(69,000)Net cash paid for acquisitions, net(38)— — Other investing activity, net(37,764)(25,965)(30,872)Net Cash Used for Investing Activities$(37,802)$(25,965)$(99,872)Financing Activities:(Decrease) increase in other borrowings and junior subordinated debentures, net$(30,668)$(30,641)$117,381 Repayment of subordinated note(140,000)— — Proceeds from the issuance of common stock, net— — 285,729 Issuance of common shares resulting from exercise of stock options and employee stock purchase plan6,694 8,309 11,233 Dividends paid(143,280)(125,690)(108,210)Common stock repurchases for tax withholdings related to stock-based compensation(3,936)(1,913)(304)Net Cash (Used for) Provided by Financing Activities$(311,190)$(149,935)$305,829 Net (Decrease) Increase in Cash and Cash Equivalents$(65,711)$(3,670)$85,193 Cash and Cash Equivalents at Beginning of Year262,680 266,350 181,157 Cash and Cash Equivalents at End of Year$196,969 $262,680 $266,350 

168

(26) Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per common share for 2024, 2023 and 202