Company: WTFCN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001015328-25-000207
Chunk: 170

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 2
Chunk 170
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 value, processing and other related activities, and excludes servicing fees, changes in the fair value of servicing rights and changes to the mortgage recourse obligation and other non-production revenue.

(2)Certain volume adjusted for the estimated pull-through rate of the loan, which represents the Company’s best estimate of the likelihood that a committed loan will ultimately fund.

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Table of Contents

Non-interest Expense

The following table presents non-interest expense by category for the periods presented:

Three Months Ended$ Change% Change(Dollars in thousands)September 30,2025September 30,2024Salaries and employee benefits:Salaries$124,623 $118,971 $5,652 5 %Commissions and incentive compensation56,244 57,575 (1,331)(2)Benefits38,801 34,715 4,086 12 Total salaries and employee benefits219,668 211,261 8,407 4 Software and equipment35,027 31,574 3,453 11 Operating lease equipment 10,409 10,518 (109)(1)Occupancy, net20,809 19,945 864 4 Data processing11,329 9,984 1,345 13 Advertising and marketing19,027 18,239 788 4 Professional fees7,465 9,783 (2,318)(24)Amortization of other acquisition-related intangible assets5,196 4,042 1,154 29FDIC insurance11,418 10,512 906 9 OREO expense, net262 (938)1,200 NMOther:Lending expenses, net of deferred originations costs6,169 4,995 1,174 24 Travel and entertainment6,029 5,364 665 12 Miscellaneous27,220 25,408 1,812 7 Total other39,418 35,767 3,651 10 Total Non-interest Expense$380,028 $360,687 $19,341 5 %

NM - Not meaningful.

Nine Months Ended$ Change% Change(Dollars in thousands)September 30,2025September 30,2024Salaries and employee benefits:Salaries$371,714 $345,003 $26,711 8 %Commissions and incentive compensation164,651 160,727