From The Motley Fool · Motley Fool Transcribing · · 1m 50s
Wintrust Q3 2026 Earnings Report
Wintrust reports seventh straight record quarterly net income with 8% loan and deposit growth.
In brief
Wintrust reports seventh straight record quarterly net income with 8% loan and deposit growth. Wintrust Financial Corporation reported seventh consecutive quarter of record net income, driven by 8% annualized loan and deposit growth. Originally reported by The Motley Fool.
Net Income
Wintrust reported $239.1 million net income, the seventh consecutive record quarterly result.
Loan Growth
Loans grew $1.1 billion annually at 8% rate across all major portfolios.
Deposit Growth
Deposits increased $1.3 billion annually at 8% rate from diverse customer base.
Net Interest Margin
Net interest margin declined 1 basis point to 3.51% on fully taxable-equivalent basis.
Illinois Deposit Share
Wintrust gained 9.2% Illinois deposit market share year over year, double state average growth.
Commercial Real Estate
Commercial real estate loans grew $690 million with new lending opportunities and committed loans.
Wealth Management
Wealth management revenue increased $1.1 million to $41.0 million from second quarter.
Mortgage Banking
Mortgage banking revenue declined $1.9 million to $25.5 million from second quarter.
Noninterest Expense
Noninterest expense increased $8.1 million to $405.7 million from previous quarter.
Credit Losses
Provision for credit losses increased $2.8 million to $25.9 million from second quarter.
Nonperforming Loans
Nonperforming loans decreased to $176.9 million or 0.31% of total loans.
Net Charge-offs
Net charge-offs increased 5 basis points annualized to $21.0 million.
Capital Ratio
Common equity tier 1 capital ratio increased to 10.5% from 10.4% in previous quarter.
Total Assets
Total assets increased $1.3 billion to $76.0 billion during third quarter.
Acquisition Impact
Acquisition added $1.2 billion in assets under management through September 1 closing.
Debt Redemptions
Debt redemptions planned for fourth quarter to retire $108 million of floating rate debentures.
The headline
Wintrust Financial Corporation reported seventh consecutive quarter of record net income, driven by 8% annualized loan and deposit growth.
