Company: WTFCN
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001015328-25-000188
Chunk: 88

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 1
Chunk 88
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 share as useful measurements of the Company’s equity. The Company references the return on average tangible common equity as a measurement of profitability. Management considers pre-tax income, excluding provision for credit losses as a useful measurement of the Company’s core net income.

A reconciliation of certain non-GAAP performance measures and ratios used by the Company to evaluate and measure the Company’s performance to the most directly comparable GAAP financial measures is shown below:

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Three Months EndedSix Months Ended June 30,March 31,June 30,June 30,June 30,(Dollars and shares in thousands)20252025202420252024Reconciliation of Non-GAAP Net Interest Margin and Efficiency Ratio:(A) Interest Income (GAAP)$920,908 $886,965 $849,979 $1,807,873 $1,655,492 Taxable-equivalent adjustment: - Loans2,200 2,206 2,305 4,406 4,551  - Liquidity management assets680 690 567 1,370 1,117  - Other earning assets— 3 3 3 8 (B) Interest Income (non-GAAP)$923,788 $889,864 $852,854 $1,813,652 $1,661,168 (C) Interest Expense (GAAP)374,214 360,491 379,369 734,705 720,688 (D) Net Interest Income (GAAP) (A minus C)546,694 526,474 470,610 1,073,168 934,804 (E) Net Interest Income, fully taxable-equivalent (non-GAAP) (B minus C)549,574 529,373 473,485 1,078,947 940,480 Net interest margin (GAAP)3.52 %3.54 %3.50 %3.53 %3.53 %Net interest margin, fully taxable-equivalent (non-GAAP)3.54 3.56 3.52 3.55 3.56 (F) Non-interest income$124,089 $116,634 $121,147 $240,723 $261,727 (G) Gains (losses) on investment securities, net650 3,196 (4,282)3,846 (2,956