Company: WTFCN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001015328-25-000207
Chunk: 8

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 1
Chunk 8
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.50 per share— — — — (100,294)— (100,294)Dividends on Series D preferred stock, $0.82 per share, Series E preferred stock, $859.38 per share  and Series F preferred stock, $782.03 per share— — — — (27,277)— (27,277)Redemption of Series D and Series E preferred stock(412,500)— 14,046 — (14,046)— (412,500)Stock-based compensation— — 30,646 — — — 30,646 Issuance of Series F Preferred Stock425,000 — (10,852)— — — 414,148 Common stock issued for:Exercise of stock options — 5 215 — — — 220 Restricted stock awards— 435 (441)(2,997)— — (3,003)Employee stock purchase plan— 23 2,588 — — — 2,611 Director compensation plan— 19 2,543 — — — 2,562 Balance at September 30, 2025$425,000 $67,042 $2,521,306 $(9,150)$4,356,367 $(314,808)$7,045,757 

See accompanying notes to unaudited consolidated financial statements.

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Table of Contents

WINTRUST FINANCIAL CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) 

Nine Months Ended(In thousands)September 30,2025September 30,2024Operating Activities:Net income$600,820 $509,683 Adjustments to reconcile net income to net cash provided by operating activitiesProvision for credit losses67,965 84,068 Depreciation, amortization and accretion, net88,905 70,884 Stock-based compensation expense30,646 27,568 Accretion of discount on securities, net(4,412)(1,380)Accretion of discount and deferred fees on loans, net(15,092)(11,876)Mortgage servicing rights fair value changes29,684 26,106 Non-designated derivatives fair value changes, net(9,065)54,507