Company: WTFCN
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001015328-25-000188
Chunk: 102

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 1
Chunk 102
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,175)(20)%Trust and asset management61,894 59,084 2,810 5 Total wealth management (1)70,863 70,228 635 1 Mortgage banking43,699 56,787 (13,088)(23)Service charges on deposit accounts38,864 30,357 8,507 28 Gains (losses) on investment securities, net3,846 (2,956)6,802 NMFees from covered call options9,070 6,903 2,167 31 Trading gains, net87 747 (660)(88)Operating lease income, net30,453 28,048 2,405 9 Other:Interest rate swap fees5,279 6,220 (941)(15)BOLI3,053 3,002 51 2 Administrative services2,708 2,539 169 7 Foreign currency remeasurement gains (losses)475 (1,316)1,791 NMChanges in fair value on EBOs and loans held-for-investment555 165 390 NMEarly pay-offs of capital leases1,168 823 345 42 Miscellaneous30,603 60,180 (29,577)(49)Total Other43,841 71,613 (27,772)(39)Total Non-interest Income$240,723 $261,727 $(21,004)(8)%

(1)Wealth management revenue is comprised of the trust and asset management revenue of the WPTC and Great Lakes Advisors, the brokerage commissions, managed money fees and insurance product commissions at Wintrust Investments and fees from tax-deferred like-kind exchange services provided by CDEC.

 NM—Not Meaningful.

Notable contributions to the change in non-interest income are as follows: 

Mortgage banking revenue decreased for the three months ended June 30, 2025 as compared to the same period in 2024 due to lower production of loans originated for sale and net revenue related to MSR activity and valuation adjustments. On a year-to-date basis, mortgage banking revenue decreased for the six months ended June 30, 2025 as compared to the same period in 2024 as a result of lower production margins and net revenue related to lower MSR activity and valuation adjustments. Mortgage banking revenue includes revenue from activities related to originating,