Wintrust Financial (WTFC) investor relations material

Executive summary

• Achieved record net income of $216.3 million for Q3 2025, up 11% sequentially and 27% year-over-year, with year-to-date net income of $600.8 million, up 18% from prior year.

• Net interest income reached a record $567 million in Q3, up $20 million from Q2, driven by strong loan and balance sheet growth.

• Loan and deposit growth remained robust, with loans up $1 billion and deposits up $895 million in Q3; total loans at $52.1 billion and deposits at $56.7 billion.

• Tangible book value per share increased to $85.39, continuing a multi-year growth trend.

• Maintained stable net interest margin and strong credit quality, with non-performing loans at 0.31% of total loans.

Financial highlights

• Net interest income: $567 million in Q3, up 4% sequentially and 13% year-over-year; net interest margin (non-GAAP) at 3.50%.

• Non-interest income: $130.8 million in Q3, up $6.7 million from prior quarter, driven by wealth management, mortgage, and security gains.

• Non-interest expenses: $380 million in Q3, slightly down from $381.5 million in Q2; efficiency ratio improved to 54.47%.

• Return on assets was 1.26% and return on tangible common equity (non-GAAP) was 13.74% for Q3.

• Diluted EPS for Q3 was $2.78, with a one-time impact from preferred stock transactions; adjusted EPS was $3.06.

Outlook and guidance

• Expect continued loan and deposit growth in the mid to high single-digit range, with robust loan pipelines.

• Net interest margin projected to remain stable around 3.5% through 2025, supported by hedging strategies.

• Management expects continued net interest income expansion in Q4, with operating leverage expected to improve in 2026 if targets are met.

• Optimistic about mortgage revenue improving next year if rates decline further.

• Deposit market share gains are expected to continue, with strong progress in key Midwest markets.