Company: WTFCN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001015328-25-000207
Chunk: 50

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 1
Chunk 50
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2024 Form 10-K. Our Chief Executive Officer is our chief operating decision maker (“CODM”). The CODM uses income before taxes to review segment performance and allocate resources for each reportable segment. Financial information regarding each significant segment expense outlined below is regularly provided (at least monthly) to the CODM. For community banking and specialty finance segments, ‘Interest expense’ is a significant segment expense. Additionally, for each of the three reportable segments, ‘Salaries’, ‘Commissions and incentive compensation’ and ‘Benefits’ are significant segment expenses.  

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Table of Contents

The following is a summary of certain operating information for reportable segments:(In thousands)CommunityBankingSpecialtyFinanceWealthManagementTotal Operating SegmentsIntersegment EliminationsConsolidatedThree Months Ended September 30, 2025:Interest income$838,871 $107,840 $5,697 $952,408 $11,426 $963,834 Interest expense386,326 10,410 88 396,824 — 396,824 Net interest income452,545 97,430 5,609 555,584 11,426 567,010 Provision for credit losses20,059 1,709 — 21,768 — 21,768 Non-interest income82,507 32,221 39,663 154,391 (23,564)130,827 Non-interest expense:Salaries97,900 16,464 9,761 124,125 498 124,623 Commissions and incentive compensation33,175 10,445 12,624 56,244 — 56,244 Benefits30,577 5,775 2,449 38,801 — 38,801 Other segment expenses (1)140,977 23,702 8,317 172,996 (12,636)160,360 Total non-interest expense302,629 56,386 33,151 392,166 (12,138)380,028 Income before taxes212,364 71,556 12,121 296,041 — 296,041 Income tax expense57,753 18,990 3,044 79,787 — 79,787 Net income$154,611 $52,566 $9,077 $216,254 $