Wintrust Financial (WTFC) investor relations material

Executive summary

• Achieved record net income of $227.4 million ($3.22 per diluted share) for Q1 2026, up 2% sequentially and 20% year-over-year, marking the fifth consecutive quarter of record net income driven by diversified loan growth, robust deposit generation, and prudent expense management.

• Pre-tax, pre-provision income reached $330.5 million, a record high, essentially flat sequentially and up 19% year-over-year.

• Total assets grew to $72.2 billion, an increase of 10% year-over-year, with broad-based loan and deposit growth across commercial, commercial real estate, and residential real estate segments.

• Strategic focus on customer experience, disciplined growth, and prudent risk management.

Financial highlights

• Net interest income was $579.0 million, up 10% year-over-year, with net interest margin at 3.54% (3.56% fully taxable-equivalent), up 2 bps sequentially.

• Non-interest income rose to $134.1 million, up $3.7 million sequentially and 15% year-over-year, led by wealth management, mortgage banking, and operating lease income.

• Non-interest expense was $382.6 million, down $1.9 million sequentially but up 5% year-over-year, mainly due to higher salaries and employee benefits.

• Diluted EPS was $3.22, up from $2.69 in Q1 2025 and $0.07 sequentially.

• Efficiency ratio (non-GAAP) improved to 53.45% from 53.73% sequentially and from 56.95% year-over-year.

Outlook and guidance

• Management expects continued strong loan and deposit growth, supported by a strong deposit franchise, diversified business model, and positive loan pipelines.

• Net interest margin expected to remain stable around 3.5%, with hedging activities moderating interest rate sensitivity.

• Expenses to be seasonally higher in Q2 but managed in line with revenue growth, targeting positive operating leverage.

• Capital ratios expected to improve with regulatory changes; CET1 ratio at 10.4% with plans to grow further.