Wintrust Financial (WTFC) investor relations material

Executive summary

• Achieved record net income of $233.7 million in Q2 2026, up 20% year-over-year, and $461.1 million for the first half, marking the sixth consecutive record quarter.

• Diluted EPS reached $3.30 for Q2 2026 and $6.52 for the first half, both up 19% year-over-year.

• Strong organic loan and deposit growth, with diversified product offerings and market share gains.

• Continued expansion with new branch openings, a bolt-on acquisition in wealth management, and enhancements to digital banking.

• Comprehensive income for Q2 2026 was $179.7 million, reflecting unrealized losses on investment securities and derivatives.

Financial highlights

• Net interest income for Q2 2026 was $597.4 million, up 9% year-over-year and $18.3 million from Q1; net interest income for the first half was $1.2 billion, up 10% year-over-year.

• Net interest margin was 3.50% (3.52% fully taxable-equivalent), down 4 bps sequentially but within a stable range.

• Total loans grew to $55.7 billion, up $1.6 billion sequentially and 9% year-over-year; total deposits increased to $61.1 billion, up $2.2 billion sequentially and 10% year-over-year.

• Non-interest income increased to $141.3 million in Q2, led by mortgage banking, BOLI income, and security gains.

• Non-interest expenses were $397.5 million, up from $382.6 million, mainly due to salary, benefits, and marketing, partially offset by a $5.2 million FDIC assessment reversal.

Outlook and guidance

• Management expects continued balance sheet growth and stable net interest margin to drive further net interest income expansion.

• Loan pipelines remain strong, supporting ongoing loan growth and positive operating leverage in 2026.

• Net interest margin expected to remain around 3.50%, with slight fluctuations depending on competitive pressures.

• Expenses projected to grow at a mid-single-digit rate year-over-year, with Q3 expenses expected around $405 million.

• Interest rate risk is actively managed with derivatives; net interest income sensitivity to rate changes remains neutral.