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

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 1
Chunk 10
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)(3,564,574)Financing Activities:Increase in deposit accounts, net3,304,462 2,651,854 Increase (decrease) in other borrowings, net70,551 (28,103)Increase in Federal Home Loan Bank advances, net— 850,238 Proceeds from the issuance of preferred stock, net414,212 — Repayment of subordinated notes— (140,000)Issuance of common shares resulting from the exercise of stock options, employee stock purchase plan and director compensation plan3,754 3,284 Common stock repurchases for tax withholdings related to stock-based compensation(3,003)(3,539)Dividends paid(80,807)(69,465)Net Cash Provided by Financing Activities3,709,169 3,264,269 Net Increase (Decrease) in Cash and Cash Equivalents237,028 (7,940)Cash and Cash Equivalents at Beginning of Period458,536 423,464 Cash and Cash Equivalents at End of Period$695,564 $415,524 

See accompanying notes to unaudited consolidated financial statements. 

5

WINTRUST FINANCIAL CORPORATION AND SUBSIDIARIES

NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS

(1) Basis of Presentation

The interim consolidated financial statements of Wintrust Financial Corporation and its subsidiaries (collectively, “Wintrust” or the “Company”) presented herein are unaudited, but in the opinion of management, reflect all necessary adjustments of a normal or recurring nature for a fair presentation of results as of the dates and for the periods covered by the interim consolidated financial statements.The accompanying interim consolidated financial statements are unaudited and do not include information or footnotes necessary for a complete presentation of financial condition, results of operations or cash flows in accordance with U.S. generally accepted accounting principles (“GAAP”). The interim unaudited consolidated financial statements should be read in conjunction with the consolidated financial statements and notes included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024 (“2024 Form 10-K”). Operating results reported for the period are not necessarily indicative of the results which may be expected for the entire year. Reclassifications of certain prior period amounts have been made to conform to the current period presentation. The preparation of the financial statements requires management to make estimates, assumptions and judgments