Company: WTFCN
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001015328-25-000093
Chunk: 247

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-02-28
Form: 10-K
Item: Item 7
Chunk 247
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649 Less: Acquisition-related intangible assets (GAAP)(918,632)(679,561)(675,710)(K) Total tangible assets (non-GAAP)$63,961,036$55,580,373 $52,273,939 Common equity to assets ratio (GAAP) (L/J)9.1 %8.9 %8.3 %Tangible common equity ratio (non-GAAP) (I/K)7.8 7.7 7.1 Reconciliation of Non-GAAP Tangible Book Value per Common Share:Total shareholders’ equity (GAAP)$6,344,297 $5,399,526 $4,796,838 Less: Non-convertible preferred stock (GAAP)(412,500)(412,500)(412,500)(L) Total common equity$5,931,797 $4,987,026 $4,384,338 (M) Actual common shares outstanding66,495 61,244 60,794 Book value per common share (L/M)$89.21 $81.43 $72.12 Tangible book value per common share (Non-GAAP) (I/M)75.39 70.33 61.00 Reconciliation of Non-GAAP Return on Average Tangible Common Equity:(N) Net income applicable to common shares$667,081 $594,662 $481,718 Add: Acquisition-related intangible asset amortization12,095 5,498 6,116 Less: Tax effect of acquisition-related intangible asset amortization(3,217)(1,446)(1,664)After-tax acquisition-related intangible asset amortization8,878 4,052 4,452 (O) Tangible net income applicable to common shares (non-GAAP)$675,959 $598,714 $486,170 Total average shareholders’ equity$5,826,940 $5,023,153 $4,634,224 Less: Average preferred stock(412,500)(412,500)(412,500)(P) Total average common shareholders’ equity$5,414,440 $4,610,653 $4,221,724 Less: Average acquisition-related intangible assets(778,283)(679,802)(679,735)(Q) Total average tangible common shareholders’ equity (non-GAAP)$4,