Quarterly ResultApr 20, 2026, 04:17 PM
Wintrust Financial Reports Record Q1 2026 Net Income of $227.4M
AI Summary
Wintrust Financial Corporation reported record net income of $227.4 million, or $3.22 per diluted common share, for the first quarter of 2026, marking its fifth consecutive quarter of record net income. This performance was driven by diversified loan growth, robust deposit generation, and prudent expense management. The company also noted a stable net interest margin and strong credit quality with low net charge-offs and non-performing loans, positioning it well for the rest of 2026.
Key Highlights
- Record net income of $227.4 million, up from $223.0 million QoQ.
- Diluted EPS of $3.22, up from $3.15 QoQ.
- Total loans increased by $1.0 billion, or 7% annualized.
- Total deposits increased by $1.2 billion, or 8% annualized.
- Net interest margin improved by two basis points to 3.56% (FTE).