WINTRUST FINANCIAL CORP WTFCM Income Statement

Wintrust financial corp (WTFCM)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Interest income
Interest and fees on loans
1,233,332	1,228,480	1,203,736	1,160,593	1,106,495	1,044,502	987,638	940,401	894,627	856,549	814,304	780,596	749,837	726,048	711,347	688,989	670,282	651,831	639,806	628,509	620,670	613,024	605,076	599,352	593,351	588,435	585,853	584,314	582,431	583,872	580,440	571,712	559,950	552,938	554,076	551,435	554,897	547,896	529,692	502,092	0	0	0
Mortgage loans held-for-sale
12,948	11,992	12,200	14,007	15,129	15,738	15,620	13,558	12,752	12,332	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest bearing deposits with banks
29,271	29,803	26,460	21,557	19,594	17,090	14,185	12,034	10,425	9,252	8,070	5,954	5,113	4,236	3,188	2,404	1,916	1,486	1,488	1,525	1,539	1,472	1,412	1,232	1,324	1,644	1,948	2,081	1,873	1,552	1,509	2,064	2,731	3,419	4,065	4,487	4,832	5,170	4,606	4,034	0	0	0
Federal funds sold and securities purchased under resale agreements
786	700	310	1	0	-	0	0	-	2	3	4	4	4	3	3	3	4	7	18	23	25	26	18	16	27	36	39	41	38	58	79	96	116	122	129	140	157	224	255	0	0	0
Investment securities
112,557	108,046	107,091	104,043	96,210	87,382	78,886	73,234	68,870	63,315	58,109	57,547	58,421	62,038	65,489	66,123	63,796	61,006	58,362	54,999	54,237	52,951	48,880	45,337	41,387	37,025	35,421	33,888	35,039	38,134	42,622	47,598	48,526	46,219	40,881	35,652	35,432	36,904	43,345	51,301	0	0	0
Trading account securities
38	39	47	38	37	43	31	28	28	25	55	65	75	75	68	69	106	108	128	129	83	79	32	26	29	25	33	22	24	28	28	40	40	44	49	53	386	394	390	426	0	0	0
Federal Home Loan Bank and Federal Reserve Bank stock
5,638	5,416	5,431	5,372	5,388	5,331	5,055	4,900	4,598	4,370	4,447	4,461	4,420	4,287	4,000	3,727	3,400	3,232	3,124	3,036	2,978	2,920	2,880	2,834	2,800	2,773	2,720	2,682	2,630	2,550	2,485	2,420	2,351	2,297	2,218	2,122	2,022	1,931	1,848	1,785	0	0	0
Brokerage customer receivables
669	666	732	732	721	723	638	624	613	623	659	704	764	816	836	846	835	797	777	773	768	796	828	827	815	780	759	777	810	847	853	832	805	760	727	710	682	655	617	557	0	0	0
Total interest income
1,395,239	1,385,142	1,356,007	1,306,342	1,243,575	1,170,810	1,102,054	1,044,780	991,914	946,468	909,641	870,102	835,985	812,457	784,931	762,161	740,338	718,464	703,692	688,989	680,298	671,267	659,134	649,626	639,722	630,709	626,770	623,803	622,848	627,021	627,995	624,745	614,499	605,793	602,138	594,588	598,391	593,107	580,722	560,450	0	0	0
Interest expense
Interest Expense, Deposits
285,351	278,892	260,143	232,711	200,980	166,553	135,508	110,427	93,605	83,326	74,809	66,775	61,898	58,409	54,613	51,428	49,830	48,863	48,677	48,539	48,302	48,411	48,468	48,694	50,610	53,191	56,911	61,181	64,779	68,305	71,782	76,881	82,012	87,938	96,106	105,301	114,523	123,779	138,732	151,146	0	0	0
Interest on Federal Home Loan Bank advances
10,788	9,878	10,980	11,153	11,223	12,412	11,973	12,177	10,847	8,798	9,113	9,539	9,590	10,886	11,131	11,012	9,840	9,110	8,960	9,143	10,036	10,523	10,689	10,777	10,893	11,014	11,149	11,237	11,283	12,103	13,454	14,803	15,946	16,320	16,172	16,048	16,132	16,520	17,018	17,479	0	0	0
Interest on other borrowings
13,810	13,897	13,823	12,360	10,533	8,599	7,000	6,479	5,930	5,370	4,844	4,499	4,436	4,355	4,288	4,196	3,897	3,627	2,933	2,088	1,811	1,773	2,605	3,315	3,937	4,341	9,849	10,963	12,105	14,053	10,204	11,054	11,495	11,023	9,850	8,387	7,111	5,943	6,091	6,432	0	0	0
Interest on secured borrowings - owed to securitization investors
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,163	10,371	11,622	12,113	12,126	12,290	12,411	12,366	0	0	0	-	-
Interest on subordinated notes
19,252	15,555	11,839	8,142	7,123	7,121	7,119	7,118	7,117	7,116	7,109	7,115	7,106	7,111	7,109	7,107	7,107	7,105	7,104	7,104	5,681	3,906	2,146	410	108	167	217	244	318	428	538	639	707	750	807	904	966	995	1,095	1,258	0	0	0
Interest Expense, Junior Subordinated Debentures
11,662	12,001	12,094	12,137	11,909	11,222	10,540	10,240	9,837	9,782	10,011	9,771	9,691	9,503	9,169	8,893	8,517	8,230	7,976	7,943	8,008	8,079	8,062	9,154	10,254	11,369	12,636	12,582	12,578	12,616	12,467	13,775	15,059	16,272	17,670	17,681	17,663	17,668	17,687	17,686	0	0	0
Total interest expense
340,863	330,223	308,879	276,503	241,768	205,907	172,140	146,441	127,336	114,392	105,886	97,699	92,721	90,264	86,310	82,636	79,191	76,935	75,650	74,817	73,838	72,692	71,970	72,350	75,802	80,082	85,675	91,915	98,514	107,505	116,608	127,523	136,841	144,416	152,731	160,611	168,806	177,271	189,900	200,111	0	0	0
Net interest income
1,054,376	1,054,919	1,047,128	1,029,839	1,001,807	964,903	929,914	898,339	864,578	832,076	803,755	772,403	743,264	722,193	698,621	679,525	661,147	641,529	628,042	614,172	606,460	598,575	587,164	577,276	563,920	550,627	541,095	531,888	524,334	519,516	511,387	497,222	477,658	461,377	449,407	433,977	429,585	415,836	390,822	360,339	0	0	0
Provision for credit losses
96,240	53,864	56,439	56,647	37,110	34,832	32,203	29,057	32,905	29,768	29,346	31,021	31,259	34,084	35,793	34,544	34,897	32,942	30,016	27,558	24,736	20,537	18,254	23,504	32,226	46,033	61,729	69,414	74,723	76,436	75,707	86,198	94,694	102,638	112,616	108,854	120,964	124,664	187,062	185,197	0	0	0
Net interest income after provision for credit losses
958,175	1,001,055	990,689	973,192	964,697	930,071	897,711	869,282	831,673	802,308	774,409	741,382	712,005	688,109	662,828	644,981	626,250	608,587	598,026	586,614	581,724	578,038	568,910	553,772	531,694	504,594	479,366	462,474	449,611	443,080	435,680	411,024	382,964	358,739	336,791	325,123	308,621	291,172	203,760	175,142	0	0	0
Non-interest income
Mortgage banking
184,461	154,293	130,615	121,765	124,188	136,990	140,219	126,389	122,494	113,472	121,550	128,078	128,946	128,743	116,571	109,746	108,946	115,011	116,388	115,192	102,989	91,617	86,219	85,210	93,140	106,857	122,263	127,708	121,581	109,970	93,293	76,635	63,845	56,942	61,603	68,114	63,282	61,378	51,896	53,512	0	0	0
Revenue from contracts with customers
165,738	161,465	158,481	156,369	153,715	152,513	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Losses) gains on investment securities, net
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Marketable Securities, Realized Gain (Loss)
-	-	-	-	-	-	-	-	-	45	1,606	4,872	6,265	7,645	5,991	2,588	1,124	323	420	365	53	-504	-3,850	-3,622	-3,284	-3,000	2,889	3,223	4,330	4,895	2,643	2,459	2,502	1,792	1,642	10,652	9,546	9,832	9,261	1,566	0	0	0
Gain on sales of commercial premium finance receivables
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Fees from covered call options
4,178	3,670	3,053	3,680	3,706	3,519	4,503	5,019	5,240	4,402	4,268	6,758	10,517	11,470	13,623	12,800	12,716	15,364	14,701	13,998	10,677	7,859	6,749	4,927	4,676	4,773	5,073	6,871	8,992	10,476	0	0	0	-	-	-	-	-	-	-	-	-	-
Gain on bargain purchases, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,503	7,418	28,175	28,976	37,974	38,224	17,427	43,175	44,231	157,043	0	0	0	-
Trading gains (losses), net
-438	-158	-359	-431	-263	11	190	122	-422	-845	138	-165	-61	91	-711	-414	62	-247	-959	-531	-1,434	-1,609	-1,380	-3,328	675	892	1,050	1,707	-2,481	-1,900	-1,564	25	923	337	732	351	-1,236	5,165	10,790	18,854	0	0	0
Operating lease income, net
48,229	47,041	45,436	42,543	39,556	38,451	36,167	35,496	33,555	29,646	26,219	22,217	19,417	16,441	13,243	9,397	5,469	2,728	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
63,960	62,617	59,223	57,830	57,775	52,710	54,643	52,065	56,095	56,507	56,934	56,918	50,444	53,812	51,023	45,684	45,326	37,582	32,865	29,906	24,851	23,064	24,899	28,538	29,394	29,467	29,784	27,078	24,700	25,497	14,993	17,282	20,353	19,603	27,536	24,324	21,516	18,945	17,892	15,391	0	0	0
Total non-interest income
438,757	407,172	370,260	355,053	352,128	356,150	361,880	341,681	336,420	319,506	323,743	330,616	325,443	325,430	305,245	283,594	275,808	271,597	264,164	257,163	234,252	215,240	203,944	200,654	210,547	222,397	241,225	249,508	236,448	226,092	205,815	210,117	195,834	189,698	189,247	176,656	190,440	192,160	298,379	289,175	0	0	0
Non-interest expense
Salaries and employee benefits
557,459	546,420	522,590	505,421	493,364	480,077	475,975	458,371	443,198	430,078	416,804	414,271	408,663	405,158	400,203	394,234	387,761	382,080	369,933	358,160	345,702	335,506	321,922	313,953	311,215	308,794	310,885	308,158	297,072	288,589	279,193	265,776	250,716	237,785	230,072	225,223	222,793	215,766	204,823	193,824	0	0	0
Equipment
55,392	52,328	49,366	46,879	44,647	42,949	40,926	40,046	39,428	38,358	38,390	37,892	37,290	37,055	36,322	35,329	33,877	32,889	31,503	30,617	29,985	29,609	29,456	28,479	27,669	26,450	25,658	24,953	24,006	23,222	21,847	20,460	19,403	18,267	17,558	17,260	16,897	16,529	16,214	16,026	0	0	0
Operating lease equipment depreciation
36,701	35,760	34,456	32,919	31,091	29,305	27,858	27,282	26,004	24,107	21,311	18,122	15,845	13,259	10,242	7,068	3,742	1,749	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Occupancy, net
65,591	64,289	63,137	62,550	60,292	57,814	55,988	54,663	53,586	52,920	53,020	52,708	52,065	50,912	49,720	49,019	48,477	48,880	47,418	45,798	44,247	42,889	41,283	39,916	38,773	36,633	35,119	34,064	33,085	32,294	31,789	31,277	30,321	28,764	26,716	25,458	24,719	24,444	24,401	23,755	0	0	0
Data processing
28,668	27,820	28,698	31,511	34,059	35,027	34,495	33,011	32,063	31,495	31,267	30,848	30,182	28,776	28,373	29,068	28,011	26,940	24,969	21,607	20,069	19,336	18,854	18,973	18,788	18,672	18,019	17,238	16,720	15,739	15,623	15,356	14,663	14,568	14,894	14,949	15,471	15,355	14,193	13,518	0	0	0
Advertising and marketing
49,599	48,595	45,492	43,237	42,174	41,140	39,108	37,560	34,504	30,830	30,139	27,932	26,147	24,776	23,459	22,331	21,796	21,924	20,219	17,510	14,662	13,571	13,419	12,663	11,827	11,051	10,259	10,015	9,472	9,438	9,920	9,511	8,772	8,380	7,054	6,585	6,615	6,315	5,922	5,692	0	0	0
Professional fees
28,636	27,471	29,080	30,957	31,213	32,306	31,926	28,798	29,824	27,835	24,381	23,103	21,012	20,411	19,373	17,965	17,620	18,225	17,877	17,812	16,784	15,574	15,667	15,010	15,155	14,922	13,948	15,223	14,879	15,262	15,814	16,246	16,932	16,874	17,939	17,409	16,833	16,394	15,708	14,024	0	0	0
Amortization of Intangible Assets
11,800	11,800	10,221	8,456	6,496	4,600	4,191	4,096	4,240	4,400	4,531	4,548	4,655	4,789	4,955	5,220	4,906	4,621	4,468	4,320	4,542	4,692	4,710	4,662	4,670	4,627	4,546	4,470	4,395	4,324	4,278	4,170	3,785	3,425	3,082	2,813	2,783	2,739	2,697	2,672	0	0	0
FDIC insurance
9,758	9,199	11,895	15,952	16,423	17,209	17,489	17,161	16,437	16,231	16,633	16,442	16,608	16,065	14,656	14,005	13,012	12,386	11,879	12,055	12,204	12,168	12,394	12,428	12,235	12,728	12,731	13,035	13,509	13,422	13,627	13,178	12,982	14,143	15,471	17,013	18,737	18,028	17,790	22,269	0	0	0
OREO expense, net
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
OREO expenses, net
-	-	4,710	4,136	-	6,120	5,101	5,095	4,854	3,593	4,837	5,683	6,292	5,187	5,208	4,139	3,632	4,483	4,939	5,153	6,802	9,367	9,718	11,636	11,430	5,834	8,432	9,741	13,305	22,103	25,655	26,981	27,710	26,340	24,903	24,536	23,802	19,331	22,190	18,495	0	0	0
Other
102,704	100,772	90,210	86,920	82,515	79,570	78,277	75,189	73,909	71,969	74,295	77,099	77,314	75,297	74,899	73,125	71,997	74,242	71,870	70,266	67,654	63,993	62,980	61,431	61,985	62,840	65,505	65,505	64,957	64,647	60,514	57,078	54,770	51,858	50,148	49,993	48,046	47,624	44,949	43,134	0	0	0
Total non-interest expense
948,393	928,126	889,868	868,951	846,113	826,088	811,335	781,273	758,048	731,817	715,608	708,648	696,073	681,685	668,144	651,503	634,831	628,419	605,030	583,556	562,850	546,847	530,403	519,151	513,747	502,551	505,102	502,402	491,400	489,040	478,260	460,033	440,054	420,404	407,837	401,239	396,696	382,525	368,887	353,409	0	0	0
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest
448,539	480,101	471,081	459,294	470,712	460,133	448,256	429,690	410,045	389,997	382,544	363,350	341,375	331,854	299,929	277,072	267,227	251,765	257,160	260,221	253,126	246,431	242,451	235,275	228,494	224,440	215,489	209,580	194,659	180,132	163,235	161,108	138,744	128,033	118,201	100,540	102,365	100,807	133,252	110,908	0	0	0
Income Tax Expense (Benefit)
119,176	124,404	121,691	117,077	120,381	116,967	115,966	123,722	128,760	132,315	139,035	132,352	125,233	124,979	112,151	104,054	100,419	95,016	97,789	98,981	97,176	95,033	93,898	91,383	88,836	87,230	83,478	80,830	74,621	68,936	62,907	62,880	54,361	50,458	45,642	38,085	38,651	37,478	52,133	43,338	0	0	0
Net Income (Loss) Attributable to Parent
329,363	355,697	349,390	342,217	350,331	343,166	332,290	305,968	281,285	257,682	243,509	230,998	216,142	206,875	187,778	173,018	166,808	156,749	159,371	161,240	155,950	151,398	148,553	143,892	139,658	137,210	132,011	128,750	120,038	111,196	100,328	98,228	84,383	77,575	72,559	62,455	63,714	63,329	81,119	67,570	0	0	0
Preferred stock dividends
8,200	8,200	8,200	8,200	8,200	8,200	8,200	8,200	8,200	9,778	11,357	12,935	14,513	14,513	14,513	14,964	12,916	10,869	8,820	6,322	6,323	6,323	6,324	6,324	7,360	8,395	9,401	10,436	10,463	9,093	7,538	5,954	4,343	4,128	7,910	11,821	15,731	19,643	19,497	19,554	0	0	0
Net income applicable to common shares
321,163	347,497	341,190	334,017	342,131	334,966	324,090	297,768	273,085	247,904	232,152	218,063	201,629	192,362	173,265	158,054	153,892	145,880	150,551	154,918	149,627	145,075	142,229	137,568	132,298	128,815	122,610	118,314	109,575	102,103	92,790	92,274	80,040	73,447	53,288	39,273	36,622	32,325	61,622	48,016	0	0	0
Net income per common share-Basic (usd per share)
1.05	1.46	1.71	1.40	1.54	1.39	1.59	1.55	1.42	1.19	1.14	1.15	1.05	0.99	0.96	0.94	0.94	0.66	0.71	0.89	0.79	0.79	0.83	0.79	0.71	0.82	0.86	0.85	0.80	0.75	0.82	0.63	0.61	0.00	0.82	0.31	0.44	-0.10	0.49	0.26	0.43	1.14	0.06
Net income per common share-Diluted (usd per share)
1.04	1.44	1.69	1.38	1.52	1.36	1.57	1.53	1.40	1.17	1.12	1.11	1.00	0.94	0.92	0.90	0.90	0.63	0.69	0.85	0.76	0.75	0.79	0.76	0.68	0.70	0.71	0.69	0.65	0.63	0.66	0.52	0.50	0.00	0.65	0.25	0.36	-0.11	0.47	0.25	0.41	1.07	0.06
Cash dividends declared per common share (usd per share)
0.28	0.25	0.25	0.25	0.25	0.19	0.19	0.19	0.19	0.14	0.14	0.14	0.14	0.12	0.12	0.12	0.12	0.11	0.11	0.11	0.11	0.10	0.10	0.10	0.10	0.00	0.09	0.00	0.09	0.00	0.09	0.00	0.09	0.00	0.09	0.00	0.09	0.00	0.09	0.00	0.09	0.09	-
Weighted average common shares outstanding (in shares)
57,620	57,547	56,690	56,662	56,529	56,398	56,366	56,299	56,137	55,974	55,796	54,775	52,267	51,845	51,679	49,140	48,448	48,388	48,158	47,567	47,239	46,742	46,639	46,520	46,195	41,003	39,331	37,486	36,976	36,543	36,381	36,329	36,207	35,971	35,550	34,971	34,928	63,137	31,117	31	25,942	24,052	23,964
Dilutive potential common shares (in shares)
575	877	773	699	699	898	918	928	888	994	966	1,812	4,160	4,144	4,047	3,965	3,820	3,958	4,049	4,156	4,233	4,132	4,241	4,402	4,509	9,356	10,823	12,354	12,463	19,081	12,295	7,770	7,530	7,761	10,551	8,438	7,794	3,923	988	1	1,139	2,493	300
Average common shares and dilutive common shares (in shares)
58,195	58,424	57,463	57,361	57,228	57,296	57,284	57,227	57,025	56,968	56,762	56,587	56,427	55,989	55,726	53,105	52,268	52,346	52,207	51,723	51,472	50,874	50,880	50,922	50,704	50,359	50,154	49,840	49,439	55,624	48,676	44,099	43,737	43,732	46,101	43,409	42,722	67,061	32,105	32	27,081	26,545	24,264
Wealth management
Revenue from contracts with customers
99,078	97,114	94,841	93,476	91,954	90,963	90,147	87,316	84,604	81,766	79,368	78,899	77,846	76,018	75,139	74,048	73,672	73,452	73,468	72,884	72,630	71,343	68,959	67,357	65,027	63,042	60,411	57,606	55,107	52,680	50,732	49,474	46,682	44,517	42,939	39,918	38,510	36,941	34,334	32,244	0	0	0
Net Income (Loss) Attributable to Parent
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service charges on deposit accounts
Revenue from contracts with customers
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Revenue from contracts with customers
-	-	37,162	36,521	-	36,404	0	0	0	-	-	33,039	32,069	31,210	30,366	29,745	28,493	27,384	26,363	25,044	24,258	23,307	22,348	21,572	20,919	20,366	19,670	18,597	17,556	16,971	16,410	16,260	15,860	14,963	14,336	13,635	13,412	13,433	13,534	13,333	0	0	0