Company: WTFCN
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001015328-25-000188
Chunk: 8

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 1
Chunk 8
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— — — — (13,982)— (13,982)Stock-based compensation— — 20,575 — — — 20,575 Issuance of Series F Preferred Stock425,000 — (10,788)— — — 414,212 Common stock issued for:Exercise of stock options — 5 215 — — — 220 Restricted stock awards— 425 (425)(3,003)— — (3,003)Employee stock purchase plan— 16 1,749 — — — 1,765 Director compensation plan— 19 1,750 — — — 1,769 Balance at June 30, 2025$837,500 $67,025 $2,495,637 $(9,156)$4,200,923 $(366,233)$7,225,696 

See accompanying notes to unaudited consolidated financial statements.

4

WINTRUST FINANCIAL CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) 

Six Months Ended(In thousands)June 30,2025June 30,2024Operating Activities:Net income$384,566 $339,682 Adjustments to reconcile net income to net cash provided by operating activitiesProvision for credit losses46,197 61,734 Depreciation, amortization and accretion, net60,352 45,142 Stock-based compensation expense20,575 18,107 Accretion of discount/premium on securities, net(1,787)(347)Accretion of discount and deferred fees on loans, net(10,341)(7,127)Mortgage servicing rights fair value changes21,732 1,448 Non-designated derivatives fair value changes, net75,299 (9,566)Originations and purchases of mortgage loans held-for-sale(1,141,999)(1,197,799)Early buy-out exercises of mortgage loans held-for-sale guaranteed by U.S. government agencies, net of subsequent paydowns or payoffs7,244 (3,896)Proceeds from sales of mortgage loans held-for-sale1,149,356 1,083,551 Bank owned life insurance (“BOLI”) gains(3,053)(3,002