Company: WTFCN
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001015328-25-000093
Chunk: 276

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-02-28
Form: 10-K
Item: Item 7
Chunk 276
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 table presents non-interest expense by category for 2024, 2023 and 2022:

 Years ended December 31,2024 compared to 20232023 compared to 2022(Dollars in thousands)202420232022$ Change% Change$ Change% ChangeSalaries and employee benefits:Salaries$465,972 $438,812 $382,181 $27,160 6 %$56,631 15 %Commissions and incentive compensation215,519 182,101 197,873 33,418 18 (15,772)(8)Benefits135,617 127,100 116,053 8,517 7 11,047 10 Total salaries and employee benefits$817,108 $748,013 $696,107 $69,095 9 %$51,906 7 %Software and equipment122,794 104,632 95,885 18,162 17 8,747 9 Operating lease equipment42,298 42,363 38,008 (65)(0)4,355 11 Occupancy, net79,213 77,068 70,965 2,145 3 6,103 9 Data processing39,736 38,800 31,209 936 2 7,591 24 Advertising and marketing61,812 65,075 59,418 (3,263)(5)5,657 10 Professional fees40,637 34,758 33,088 5,879 17 1,670 5 Amortization of other acquisition-related intangible assets12,095 5,498 6,116 6,597 NM(618)(10)FDIC insurance40,962 36,728 28,639 4,234 12 8,089 28 FDIC insurance - special assessment5,156 34,374 — (29,218)(85)34,374 NMOREO expenses, net(408)(1,528)(140)1,120 (73)(1,388)NMOther:Lending expenses, net of deferred origination costs21,856 21,096 20,576 760 4 520 3 Travel and entertainment23,441 21,194 16