Company: WTFCN
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001015328-25-000093
Chunk: 47

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-02-28
Form: 10-K
Item: Item 8
Chunk 47
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 Mortgage banking93,213 83,073 155,173 Service charges on deposit accounts65,651 55,250 58,574 Gains (losses) on investment securities, net(2,602)1,525 (20,427)Fees from covered call options10,196 21,863 14,133 Trading gains, net504 1,142 3,752 Operating lease income, net58,710 53,298 55,510 Other116,426 87,348 67,724 Total non-interest income488,325 434,106 461,053 Non-interest expenseSalaries and employee benefits817,108 748,013 696,107 Software and equipment122,794 104,632 95,885 Operating lease equipment42,298 42,363 38,008 Occupancy, net79,213 77,068 70,965 Data processing39,736 38,800 31,209 Advertising and marketing61,812 65,075 59,418 Professional fees40,637 34,758 33,088 Amortization of other acquisition-related intangible assets12,095 5,498 6,116 FDIC insurance46,118 71,102 28,639 OREO expense, net(408)(1,528)(140)Other141,321 126,718 117,976 Total non-interest expense1,402,724 1,312,499 1,177,271 Income before taxes947,089 845,081 700,555 Income tax expense252,044 222,455 190,873 Net income$695,045 $622,626 $509,682 Preferred stock dividends27,964 27,964 27,964 Net income applicable to common shares$667,081 $594,662 $481,718 Net income per common share—Basic$10.47 $9.72 $8.14 Net income per common share—Diluted$10.31 $9.58 $8.02 Cash dividends declared per common share$1.80 $1.60 $1.36 Weighted average common shares outstanding63,685 61,149 59,205 Dilutive potential common shares1,016 938