Company: WTFCN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001015328-25-000207
Chunk: 153

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 2
Chunk 153
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,September 30,(Dollars and shares in thousands, except per share data)20252025202420252024Reconciliation of Non-GAAP Net Income per Common Share:Net income$216,254 $195,527 $170,001 $600,820 $509,683 Preferred stock dividends13,295 6,991 6,991 27,277 20,973 Preferred stock redemption14,046 — — 14,046 — (R) Net income applicable to common shares$188,913 $188,536 $163,010 $559,497 $488,710 (S) Weighted average common shares outstanding66,952 66,931 64,888 66,871 62,743 Dilutive potential common shares1,028 888 1,053 945 934 (T) Average common shares and dilutive common shares67,980 67,819 65,941 67,816 63,677 Net income per common share - Basic (R/S)$2.82 $2.82 $2.51 $8.37 $7.79 Net income per common share - Diluted (R/T)$2.78 $2.78 $2.47 $8.25 $7.67 Preferred stock series F excess one-time extended first dividend$4,927 $— $— $4,927 $— Preferred stock redemption14,046 — — 14,046 — (U) Total non-recurring preferred stock offering impact (non-GAAP)$18,973 $— $— $18,973 $— Net income per common share - Basic (non-GAAP) (R+U)/S$3.11 $2.82 $2.51 $8.65 $7.79 Net income per common share - Diluted (non-GAAP)  (R+U)/T$3.06 $2.78 $2.47 $8.53 $7.67 

Critical Accounting Estimates

The Company’s Consolidated Financial Statements are prepared in accordance with GAAP in the United States, prevailing practices of the banking industry, and the application of accounting policies of which are described in Note (1) “Summary of Significant Accounting Policies” to the Consolidated Financial Statements