Company: WTFCN
Filing Date: 2025-05-05
Form Type: 10-Q
Source: 0001015328-25-000130
Chunk: 5

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-05-05
Form: 10-Q
Item: Item 1
Chunk 5
---
— 741 Director compensation plan— 15 1,281 — — — 1,296 Balance at March 31, 2024$412,500 $61,798 $1,954,532 $(5,757)$3,498,475 $(485,148)$5,436,400 Balance at January 1, 2025$412,500 $66,560 $2,482,561 $(6,153)$3,897,164 $(508,335)$6,344,297 Net income— — — — 189,039 — 189,039 Other comprehensive income, net of tax— — — — — 98,320 98,320 Cash dividends declared on common stock, $0.50 per share— — — — (33,358)— (33,358)Dividends on Series D preferred stock, $0.41 per share and Series E preferred stock, $429.69 per share— — — — (6,991)— (6,991)Stock-based compensation— — 10,411 — — — 10,411 Common stock issued for:Exercise of stock options — 5 214 — — — 219 Restricted stock awards— 417 (417)(3,003)— — (3,003)Employee stock purchase plan— 7 768 — — — 775 Director compensation plan— 18 810 — — — 828 Balance at March 31, 2025$412,500 $67,007 $2,494,347 $(9,156)$4,045,854 $(410,015)$6,600,537 

See accompanying notes to unaudited consolidated financial statements.

4

WINTRUST FINANCIAL CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) 

Three Months Ended(In thousands)March 31,2025March 31,2024Operating Activities:Net income$189,039 $187,294 Adjustments to reconcile net income to net cash provided by operating activitiesProvision for credit losses23,963 21,673 Depreciation, amortization and accretion, net29,488