Earnings Overview
Wintrust Financial Corporation (NASDAQ:WTFC) reported second‑quarter 2026 adjusted earnings per share of $3.20, surpassing the consensus analyst estimate of $3.14.
Revenue for the quarter was $738.64 million, above the consensus forecast of $736.47 million and representing a 10 % year‑over‑year increase from $670.8 million in Q2 2025.
Net income totaled $233.7 million, or $3.30 per diluted share, compared with $195.5 million, or $2.78 per share, in the same quarter last year.
Net Interest Income and Margin
Net interest income (NII) rose to $597.4 million from $546.7 million YoY, driven by an increase in average earning assets of $2.1 billion.
Net interest margin declined to 3.50 % in Q2 2026 from 3.54 % in Q1 2026, primarily due to lower loan yields.
Loan and Deposit Growth
Total loans increased by $1.6 billion, a 12 % annualized growth rate, while total deposits grew by $2.2 billion, a 15 % annualized increase during the quarter.
Non‑performing loans represented 0.32 % of total loans at June 30 2026, down from 0.34 % at March 31 2026.
Credit Losses and Charge‑offs
Provision for credit losses was $23.1 million, lower than $29.6 million recorded in the first quarter.
Net charge‑offs amounted to $13.4 million, equal to 10 basis points of average total loans on an annualized basis, down from 14 basis points in Q1 2026.
Non‑Interest Expenses
Non‑interest expense for the quarter was $397.5 million, which included a $5.2 million reversal of an FDIC special assessment accrued in Q1 2024.
Management Commentary
President and Chief Executive Officer Timothy S. Crane said the company delivered “record results for the first six months of the year” and highlighted “strong diversified loan growth funded by robust organic deposit growth” as evidence of the business model’s strength.
Share Price Reaction
The company’s shares were trading flat following the earnings release.