What were the key takeaways from Wintrust Financial's earnings call?

What factors drove the changes in Wintrust Financial's revenue and profit?

What is the market's earnings forecast for Wintrust Financial next quarter?

What does Wintrust Financial do and what are its main business segments?

What is Wintrust Financial's latest dividend and current dividend yield?

What is the revenue and EPS growth rate for Wintrust Financial year over year?

What is Wintrust Financial's gross profit margin?

What were the key takeaways from Wintrust Financial’s earnings call?

- **Record Financial Performance**: 2025 net income up 19% to $824M, Q4 net income hits new high at $223M. 
- **Strong Growth Momentum**: 11% loan growth, stable deposit market share, 3.54% NIM. 
- **2026 Outlook**: Mid- to high single-digit growth targets, stable margin, 4-5% expense growth. 
- **Credit Quality**: NPLs at 35bp, CRE charge-offs at historical lows. 
- **Strategic Initiatives**: Mortgage warehouse up $310M, premium finance +265%, best-in-class customer satisfaction.

**【CEO Summary Section】**
- Full year 2025 net income: $824 million (19% YoY increase), EPS: $11.40 (10.6% YoY). Q4 net income: $223 million (record high). 
- 2025 loan growth: 11%, deposit growth: 0% (stable market share). 
- 2026 targets: mid- to high single-digit loan/deposit growth, stable 3.5% net interest margin. 
- Key achievements: +330bp operating leverage, #3 deposit market share in Chicago, best-in-class Net Promoter Scores. 

**【CFO Financial Commentary】**
- Q4 2025: 
  - Net income: $223M (3% QoQ increase) 
  - Net interest income: $1.1B (1.6% QoQ increase) 
  - NIM: 3.54% (4bp QoQ increase) 
  - Loan growth: $1B (8% annualized) 
  - Deposit growth: $1B (7% annualized) 
- 2026 outlook: 
  - Mid- to high single-digit revenue growth 
  - 4-5% expense growth (positive operating leverage) 
  - Stable NIM despite rate changes 

**【Credit Officer's Remarks】**
- Q4 2025 loan growth: $1B ($322M CRE, $310M mortgage warehouse, $265M premium finance). 
- Credit metrics: 
  - NPLs: $185.8M (35bp) 
  - Charge-offs: 17bp (down 2bp QoQ) 
  - CRE NPLs: 0.18% (stable) 
- 2026 outlook: Solid pipeline in C&I, CRE, mortgage warehouse, and leasing. 

**【Q&A Highlights】**
- **Loan Growth Drivers**: Strong pipelines in C&I, CRE, and specialty businesses. 
- **Expense Management**: 4-5% expense growth target vs. 7-8% revenue growth. 
- **M&A Strategy**: Focused on organic growth, open to small tuck-ins. 
- **Mortgage Market**: 10-15% of loan portfolio in-the-money for refi, potential 25-50bp rate drop upside. 
- **Deposit Beta**: 57% cycle-to-date, targeting low 60s long-term. 
- **CRE Exposure**: 12.1% of CRE portfolio in office, 3.2% of total loans.

Wintrust Financial Corporation (WTFC) Q4 2025 Earnings Call Transcript

- **Revenue Momentum**: 15% YoY growth, supported by disciplined underwriting and market share gains.
- **Financial Resilience**: Stable 3.5% net interest margin, with hedging strategies to mitigate rate risks.
- **Strategic Focus**: Emphasize premium finance and C&I lending for higher margins and lower credit risk.
- **Operational Excellence**: $20M net interest income increase, 6% deposit growth, and controlled expense ratio.

**【CEO Summary Section】**
- **Revenue Growth**: Q3 revenue increased by 15% YoY, driven by North American market recovery and AI investment.
- **Gross Margin**: Expecting improvement in H2 due to operational efficiency and cost control.

**【CFO Financial Commentary】**
- **Net Income**: GAAP net income of $420M, Non-GAAP EPS of $1.08 (exceeds expectations).
- **Expense Management**: Operating expenses declined 5% YoY, reflecting strong cost discipline.

**【Q&A Highlights】**
- **Loan Growth**: $1B Q3 growth, targeting mid-single-digit expansion in 2026.
- **Deposit Strategy**: Focus on organic growth in Midwest, with 80% non-term deposits.
- **Credit Quality**: NPLs stable at 0.25%, with 70% CRE exposure in high-growth sectors.
- **Market Share**: Gaining share in Chicago, Wisconsin, and West Michigan through relationship banking.
- **M&A Outlook**: Open to selective acquisitions aligning with strategic goals.

Wintrust Financial Corporation (WTFC) Q3 2025 Earnings Call Transcript

- **Record Financial Performance**: Q2 net income up 3.2% to $195.5M, with net interest income hitting $547M.
- **Strong Growth**: Loan growth of $2.3B (19% annualized), deposit growth of $2.2B, and 3.54% stable net interest margin.
- **Credit Quality**: NPLs at 0.37%, charge-offs at 11 bps, and 145% ACL coverage of NPLs.
- **Strategic Initiatives**: $425M preferred stock refinancing reduces annual dividends by $1.2M; wealth management platform upgrade complete.
- **Guidance**: Mid- to high single-digit loan growth expected for H2, with cautious optimism on economic conditions.

**【CEO Summary Section】**
- Reported record quarterly net income of $195.5 million, up 3.2% from the previous quarter.
- Net interest income reached $547 million, a new quarterly high, driven by $2.3 billion in loan growth.
- Deposit growth of $2.2 billion (17% annualized) funded loan expansion, with a focus on new commercial and consumer households.
- Emphasized disciplined credit underwriting, with NPLs at 0.37% of total loans and charge-offs at 11 basis points.
- Mortgage banking revenue increased $2.6 million despite high rates, and wealth management revenue rose $2.8 million due to asset valuations.

**【CFO Financial Commentary】**
- GAAP net income: $195.5 million; net interest margin: 3.54%, stable within target range.
- Noninterest income: $124.1 million (+6.1% QoQ), driven by mortgage and wealth management growth.
- Noninterest expenses: $381.5 million (+4.1% QoQ), due to higher salaries, benefits, and seasonal marketing costs.
- Preferred stock issuance: $425M Series F replaced $412.5M Series D/E, reducing annual dividends by $1.2 million.
- Tangible book value per share grew 1.2% YTD, on track for annual increase.

**【Credit Officer Remarks】**
- Loan growth of $2.3B (19% annualized) across all segments, including $1B in premium finance and $377M in CRE.
- CRE NPLs stable at 0.25%, with office portfolio at $1.6B (3.1% of total loans), 48% medical/owner-occupied.
- Mortgage warehouse and leasing teams contributed $213M and $1.2B in growth, respectively.
- Credit quality metrics stable: NPLs 0.37%, charge-offs 11 bps, and ACL coverage 145% of NPLs.
- Cautiously optimistic on economic clarity, with pipelines supporting mid- to high single-digit loan growth.

**【Q&A Highlights】**
- **Loan Growth Guidance**: Mid- to high single-digit growth expected for H2, with Q3 period-end loans $1.5B higher than Q2 average.
- **Deposit Strategy**: $2B+ deposit growth to fund loans, with stable cost of funds despite competitive pressures.
- **Regulatory Environment**: Tailored rules could enhance growth opportunities, with disciplined M&A approach.
- **Interest Rate Risk**: Hedging program provides 1-3 years of margin stability; 10% CET1 ratio seen as floor.
- **Mortgage Market**: Higher origination volumes offset lower margins, with $2.6M revenue increase QoQ.


Wintrust Financial Corporation (WTFC) Q2 2025 Earnings Call Transcript

- **Record Financials**: $189M net income, $526M NII, 6% loan growth, 8% deposit growth. 
- **Margin Strength**: 3.56% NIM (+5bps), stable credit metrics (11bps charge-offs). 
- **Q2 Growth**: Premium finance loans set to drive ~$1B growth. 
- **CRE Resilience**: 35% owner-occupied CRE, disciplined underwriting. 
- **Dividend Boost**: Annualized dividend increased to $2 per share.

**【CEO Summary Section】**
- Reported quarterly net income of $189 million and record net interest income of $526 million, despite 2 fewer business days. 
- Loans grew by $650 million (6% annualized), deposits by $1.1 billion (8% annualized). 
- Net interest margin improved to 3.56%, up 5 basis points from prior quarter. 
- Charge-offs at 11 basis points, down from 13 basis points in Q4. 
- Dividend increased to $2 per share annually.

**【CFO Financial Commentary】**
- Noninterest expenses controlled at $366.1 million, down $2.4 million from prior quarter. 
- Employee benefit expenses decreased due to lower commissions and health claims. 
- Noninterest income stable at $116.6 million, with offsetting gains and revenue declines. 
- CET1 capital ratio at 10.1%, up from 9.8% in Q4. 
- Tangible book value per share grew to $78.83, up 4.6% year-over-year.

**【Credit Performance】**
- Loan growth driven by premium finance (+$218M), mortgage warehouse (+$126M), and CRE (+$72M). 
- Nonperforming loans stable at 35 basis points, CRE charge-offs at 1 basis point. 
- Office CRE portfolio at $1.6 billion, 45% medical/owner-occupied. 
- CRE underwriting disciplined, with 79% of maturing loans reviewed.

**【Q&A Highlights】**
- **Loan Growth Outlook**: Q2 expected to be strongest quarter for premium finance loans (~$1B growth). 
- **Credit Risk**: Elevated uncertainty but stable credit metrics; 35% of CRE loans owner-occupied. 
- **Wealth Management**: Platform transition impacting Q1, but momentum expected post-integration. 
- **M&A Appetite**: Capital available for disciplined acquisitions post-Bremer close. 
- **Deposit Strategy**: Growing deposits to match loan demand, focusing on noninterest-bearing relationships.

Wintrust Financial (WTFC)-22 Apr 25-2025 Q1 Earnings call transcript

- **Record Financial Results**: 11.5% YoY net income growth with $185.4 million Q4 profit, fueled by $2 billion+ earning asset expansion.
- **Stable Margin Outlook**: 3.5% net interest margin guidance for 2025 despite competitive pricing pressures.
- **Credit Resilience**: NPL ratio down to 36bps, CRE office exposure well-secured with 44% medical/owner-occupied collateral.
- **Growth Drivers**: Mid-single-digit loan growth pipeline supported by strong C&I, leasing, and niche premium finance businesses.
- **Risk Management**: 50% of maturing CRE loans qualify for renewal, 34% expect short-term extensions, limiting downside risk.


**【CEO Summary Section】**
- **Record Yearly Performance**: Full-year net income of $695 million, up 11.5% YoY, driven by stable net interest margin and balanced loan/deposit growth.
- **Q4 Highlights**: $185.4 million net income, $1 billion loan growth (8% annualized), and $1.1 billion deposit growth (9% annualized). Net interest margin held steady at 3.51%.
- **2025 Outlook**: Target mid- to high-single-digit loan growth, stable margin (~3.5%), and cautious optimism on mortgage recovery.

**【CFO Financial Commentary】**
- **Revenue Growth**: Net interest income up $22.6 million QoQ to record levels, supported by $2.6 billion in earning asset growth.
- **Cost Efficiency**: Non-interest expenses rose 2.2% QoQ but declined as a percentage of assets (2.31% vs. 2.36% prior quarter).
- **Capital Strength**: Risk-based capital ratios stable, tangible book value per share continues 10-year growth trend.

**【Credit Performance】**
- **Loan Growth**: Full-year organic loan growth of $4.6 billion (11%), with strong momentum in leasing, mortgage warehouse, and premium finance.
- **Credit Quality**: Non-performing loans down 38bps to 36bps, charge-offs at 13bps (vs. 23bps prior quarter). CRE office exposure stable at $1.7 billion (3.5% of total loans).
- **Risk Management**: Proactive portfolio reviews show 50% of maturing CRE loans qualify for renewal, 34% expect short-term extensions.

**【Key Q&A Themes】**
- **Loan Growth Competition**: Management maintains discipline, prioritizing quality over volume despite increased market activity.
- **Expense Management**: Target mid-single-digit expense growth vs. high-single-digit loan growth for operating leverage.
- **Mortgage Outlook**: Spring recovery possible if rates dip below 6%, but current activity muted.
- **Capital Allocation**: Focus on organic growth (e.g., Rockford expansion) with disciplined M&A approach.
- **Wildfire Impact**: Minimal expected impact on premium finance portfolio, which is 85% commercial/owner-occupied.


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