Wintrust Financial (WTFC) investor relations material

Executive summary

• Achieved sixth consecutive record quarter of net income, with Q2 2026 net income at $233.7 million and year-to-date net income at $461.1 million, up 20% year-over-year.

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

• Strong organic and diversified loan and deposit growth, with a focus on disciplined growth, customer experience, and market share gains.

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

• Pre-tax, pre-provision income (non-GAAP) reached $341.1 million in Q2 and $671.6 million for the first half, both records.

Financial highlights

• Net interest income rose to $597.4 million in Q2, up from $579.0 million in Q1, and $1.2 billion for the first half, up 10% year-over-year.

• Net interest margin was 3.52% (fully taxable-equivalent), down 4 basis points sequentially but within a stable 3.50%-3.59% range over 10 quarters.

• Total loans grew to $55.7 billion, up $1.6 billion sequentially and 9% year-over-year; 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 from $134.1 million in Q1, driven 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 through 2026.

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

• 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.

• Hedging activities are expected to moderate interest rate sensitivity and stabilize net interest income.