Company: WTFCN
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001015328-25-000093
Chunk: 167

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-02-28
Form: 10-K
Item: Item 8
Chunk 167
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2: (In thousands, except per share data)  202420232022Net income$695,045 $622,626 $509,682 Less: Preferred stock dividends27,964 27,964 27,964 Net income applicable to common shares(A)$667,081 $594,662 $481,718 Weighted average common shares outstanding(B)63,685 61,149 59,205 Effect of dilutive potential common shares:Common stock equivalents1,016 938 886 Weighted average common shares and effect of dilutive potential common shares(C)64,701 62,087 60,091 Net income per common share:Basic(A/B)$10.47 $9.72 $8.14 Diluted(A/C)10.31 9.58 8.02 

Potentially dilutive common shares can result from stock options, restricted stock unit awards and shares to be issued under the ESPP and the DDFS Plan, being treated as if they had been either exercised or issued, computed by application of the treasury stock method. While potentially dilutive common shares are typically included in the computation of diluted earnings per share, potentially dilutive common shares are excluded from this computation in periods in which the effect would reduce the loss per share or increase the income per share.