Company: WTFCN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001015328-25-000207
Chunk: 171

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 2
Chunk 171
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3,924 2 Benefits114,370 99,245 15,125 15 Total salaries and employee benefits650,735 604,975 45,760 8 Software and equipment106,266 88,536 17,730 20 Operating lease equipment 31,637 32,035 (398)(1)Occupancy, net61,815 58,616 3,199 5 Data processing34,713 28,779 5,934 21 Advertising and marketing50,060 48,715 1,345 3 Professional fees25,752 29,303 (3,551)(12)Amortization of other acquisition-related intangible assets16,394 6,322 10,072 NMFDIC insurance33,315 30,322 2,993 10 FDIC insurance - special assessment— 5,156 (5,156)(100)OREO expense, net1,410 (805)2,215 NMOther:Lending expenses, net of deferred originations costs16,904 15,408 1,496 10 Travel and entertainment17,325 15,301 2,024 13 Miscellaneous81,253 71,522 9,731 14 Total other115,482 102,231 13,251 13 Total Non-interest Expense$1,127,579 $1,034,185 $93,394 9 %

NM - Not meaningful.

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Table of Contents

Notable contributions to the change in non-interest expense are as follows: 

Salaries and employee benefits expense increased for the three and nine months ended September 30, 2025 as compared to the same periods in 2024. The increase was primarily due to annual merit increases.

Software and equipment expense increased for the three and  nine months ended September 30, 2025 as compared to the same periods in 2024 as a result of higher software license fees as well as higher computer and software depreciation expense as the Company invests in enhancements to the digital customer experience, upgrades to infrastructure and enhancements to information security capabilities. Software and equipment expense includes furniture, equipment and computer software, depreciation, and repairs and maintenance costs.

Amortization of other acquisition-related intangible assets increased for the three and nine months ended September 30, 2025 compared to the same periods in 2024 as