Company: WTFCN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001015328-25-000207
Chunk: 165

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 2
Chunk 165
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 lease income, net45,919 43,383 2,536 6 Other:Interest rate swap fees9,188 9,134 54 1 BOLI4,644 4,519 125 3 Administrative services3,948 3,989 (41)(1)Foreign currency remeasurement gains (losses)59 (620)679 NMChanges in fair value on EBOs and loans held-for-investment2,007 683 1,324 NMEarly pay-offs of capital leases1,687 1,355 332 25 Miscellaneous47,442 76,690 (29,248)(38)Total Other68,975 95,750 (26,775)(28)Total Non-interest Income$371,550 $374,874 $(3,324)(1)%

(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 increased for the three months ended September 30, 2025 as compared to the same period in 2024 due to higher production revenue and improved valuation adjustments in the MSRs. On a year-to-date basis, mortgage banking revenue decreased for the nine months ended September 30, 2025 as compared to the same period in 2024 as a result of lower production volume and net revenue related to lower MSR activity and valuation adjustments. Mortgage banking revenue includes revenue from activities related to originating, selling and servicing residential real estate loans for the secondary market. A main factor in the mortgage banking revenue recognized by the Company is the volume of mortgage loans originated or purchased for sale and the related production margins. Mortgage loans originated for sale totaled $643.4 million in the third quarter of 2025 as compared to $766.8 million in the third quarter of 2024. On a year-to-date basis, mortgage loans originated for sale totaled $1.8 billion for the nine months ended September 30, 2025 as compared to $2.0 billion for nine months ended September 30, 2024. The slight decrease in linked quarter originations was driven by a slight uptick