Wintrust Posts Record Q2 Net Income of $233.7M, $3.30 EPS, on Surging Loan and Deposit Growth
WTFC sits 37% above its 52-week low of $119.61.
Summary
Wintrust posted record Q2 2026 net income of $233.7 million ($3.30 EPS) on strong loan and deposit growth, with net interest income hitting a record $597.4 million. Credit quality remains pristine, and tangible book value per share increased to $92.13.
Key Events · Earnings and Guidance · WTFC
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Record Quarterly Net Income
Net income of $233.7 million, or $3.30 per diluted share, for Q2 2026, up from $227.4 million ($3.22 EPS) in Q1 2026.
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Strong Balance Sheet Growth
Total loans increased $1.6 billion (12% annualized) to $55.7 billion; total deposits increased $2.2 billion (15% annualized) to $61.1 billion.
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Record Net Interest Income
Net interest income reached a record $597.4 million, though net interest margin declined 4 bps to 3.50% (3.52% FTE) due to lower loan yields.
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Pristine Credit Quality
Net charge-offs were 10 bps of average loans, down from 14 bps in Q1 2026. Non-performing loans totaled 0.32% of total loans.
Analysis · WTFC · Finance
Driven by vigorous loan and deposit expansion and a steady net interest margin, Wintrust achieved record quarterly net income of $233.7 million, or $3.30 per diluted share. Total loans climbed $1.6 billion (12% annualized) and deposits rose $2.2 billion (15% annualized), underscoring strong organic momentum. Net interest income hit a record $597.4 million, even as the net interest margin compressed 4 basis points to 3.50% (3.52% FTE) on lower loan yields. Credit quality remains solid, with net charge-offs of just 10 basis points and non-performing loans at 0.32% of total loans. The results highlight the company's ability to deliver consistent earnings growth and build tangible book value, which rose to $92.13 per share.
At the time of this filing, WTFC was trading at $163.66 on NASDAQ in the Finance sector, with a market capitalization of approximately $11B. The 52-week trading range was $119.61 to $167.22. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.