Wintrust Financial Corporation reported a record first quarter net income of $187.3 million, or $2.89 per diluted common share, a 55% increase in diluted earnings per common share compared to the fourth quarter of 2023. Pre-tax, pre-provision income (non-GAAP) totaled a record $271.6 million, up 30% as compared to the fourth quarter of 2023.
Wintrust Financial Corporation reported a net income of $123.5 million, or $1.87 per diluted common share, for the fourth quarter of 2023. The results were highlighted by record net interest income and growth in the loan portfolio. The company also recognized an accrual of $34.4 million for the FDIC special assessment and a $9.7 million unfavorable net valuation adjustment from mortgage-related assets.
Wintrust Financial Corporation announced strong Q3 2023 results, with record net interest income of $462.4 million and net income of $164.2 million. Deposit growth of approximately $1 billion and loan growth of approximately $423 million contributed to the positive performance. Credit metrics remained strong and at historically low levels.
Wintrust Financial Corporation announced quarterly net income of $154.8 million or $2.38 per diluted common share for the second quarter of 2023. Total deposits grew by $1.3 billion, and total loans increased by $1.5 billion.
Wintrust Financial Corporation reported a record net income of $180.2 million, or $2.80 per diluted common share, for Q1 2023. Total deposits remained stable, and credit metrics remained strong. The net interest margin increased during the quarter, contributing to the record quarterly net income.
Wintrust Financial Corporation reported a net income of $144.8 million, or $2.23 per diluted common share, for Q4 2022. Net interest income and net interest margin expanded, and the loan portfolio continued to grow with low net charge-offs.
Wintrust Financial Corporation reported a strong third quarter in 2022, with net income of $143.0 million or $2.21 per diluted common share, a 48% increase compared to the second quarter of 2022. The company benefited from rising interest rates, substantial growth in net interest income and net interest margin, and strong loan growth.
Wintrust Financial Corporation reported net income of $94.5 million, or $1.49 per diluted common share for the second quarter of 2022. The company experienced strong earnings momentum and core fundamentals, with net interest income and margin expanding meaningfully. Exceptional, diversified growth was seen in the loan portfolio while maintaining historically good credit metrics.
Wintrust Financial Corporation reported a net income of $127.4 million, or $2.07 per diluted common share, for the first quarter of 2022. The company experienced robust loan growth, with loans excluding PPP loans increasing by $796 million. Net interest income increased by $3.3 million primarily due to earning asset growth and improvement in net interest margin.
Wintrust Financial Corporation reported a net income of $98.8 million for Q4 2021, with total assets reaching $50.1 billion. The company experienced significant loan and deposit growth and increased net interest income. The company's performance in 2021 was strong, marked by record annual net income.
Wintrust Financial Corporation reported a net income of $109.1 million for Q3 2021, an increase from $105.1 million in Q2 2021. Total assets increased to $47.8 billion. The company experienced significant loan growth, excluding PPP loans, and deposit growth.
Wintrust Financial Corporation reported a net income of $105.1 million for Q2 2021, a decrease from $153.1 million in the previous quarter but a significant increase from $21.7 million in Q2 2020. Total assets increased to $46.7 billion. Loan growth excluding PPP loans was strong, and net interest income increased, while mortgage banking revenue decreased.
Wintrust Financial Corporation reported a record net income of $153.1 million for Q1 2021, a 56% increase compared to Q4 2020 and a 144% increase compared to Q1 2020. The company experienced strong loan growth, increased net interest income, and record mortgage banking revenue.
Wintrust Financial Corporation reported a net income of $101.2 million for Q4 2020, with diluted earnings per common share of $1.63. The company experienced significant loan growth excluding PPP loans, increased net interest income, and strong mortgage banking revenue.
Wintrust Financial Corporation announced record net income of $107.3 million for the third quarter of 2020. The company saw an increase in total assets, total loans, and total deposits. Net interest income decreased, but mortgage banking revenue increased.
Wintrust Financial Corporation reported a net income of $21.7 million for Q2 2020, a significant decrease compared to the previous quarter and the same quarter last year, primarily due to increased provision for credit losses related to deteriorating economic conditions impacted by the COVID-19 pandemic. However, the company experienced strong balance sheet growth and record mortgage banking revenue.
Wintrust Financial Corporation reported a net income of $62.8 million for Q1 2020. The company experienced significant balance sheet growth, stable net interest income, and strong mortgage banking revenue. However, they also saw an increased provision for credit losses due to CECL implementation and COVID-19 economic conditions.
Wintrust Financial Corporation reported a net income of $86.0 million for Q4 2019, which is up 8% compared to Q4 2018. The company experienced strong balance sheet growth, decreased net interest margin, decreased mortgage banking revenue, stable credit quality, and a continued focus to increase franchise value in their market area.