Wintrust Financial
WTFC · NasdaqState Commercial Banks · Fiscal year ends Dec 31
Wintrust Financial reported revenue of $266M in the fiscal year ended Dec 2025, up 5.9% from the year before. Net income was $824M. Operating cash flow of $910M less capital expenditure of $50M left free cash flow of $860M.
Last 5 fiscal years
Revenue and net income
Income statement
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | $207M | $218M | $220M | $251M | $266M |
| Net interest incomeBanks | $1.1B | $1.5B | $1.8B | $2B | $2.2B |
| Interest expense | $151M | $252M | $1.1B | $1.5B | $1.5B |
| Pre-tax income | $638M | $701M | $845M | $947M | $1.1B |
| Income tax | $172M | $191M | $222M | $252M | $295M |
| Net income | $466M | $510M | $623M | $695M | $824M |
| Diluted EPS | 7.58 | 8.02 | 9.58 | 10.31 | 11.40 |
| Diluted shares | 58M | 60M | 62M | 65M | 68M |
Balance sheet
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Cash & equivalents | $411M | $491M | $423M | $459M | $468M |
| Net PP&E | $766M | $765M | $749M | $779M | $782M |
| Goodwill | $655M | $654M | $657M | $797M | $798M |
| Total assets | $50.1B | $52.9B | $56.3B | $64.9B | $71.1B |
| Deferred revenue | $2M | $1M | $665,000 | $1M | $3M |
| Short-term debt | $9M | $18M | $13M | $0 | – |
| DepositsBanks | $42.1B | $42.9B | $45.4B | $52.5B | $57.7B |
| Total liabilities | $45.6B | $48.2B | $50.9B | $58.5B | $63.9B |
| Shareholders' equity | $4.5B | $4.8B | $5.4B | $6.3B | $7.3B |
| Backlog (remaining obligations) | $2M | $1M | $665,000 | $1M | $3M |
Cash flow
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating cash flow | $1.1B | $1.4B | $744M | $722M | $910M |
| Capital expenditure | $57M | $53M | $46M | $86M | $50M |
| Free cash flow | $1.1B | $1.3B | $698M | $636M | $860M |
| Depreciation & amortisation | $54M | $53M | $57M | $61M | $67M |
| Stock-based compensation | $16M | $32M | $33M | $38M | $42M |
| Acquisitions | $585M | $0 | $5M | −$531M | $0 |
| Share buybacks | $10M | $0 | $0 | – | – |
| Dividends paid | $99M | $108M | $126M | $143M | $169M |
| Dividend per share | 1.24 | 1.36 | 1.60 | 1.80 | 2.00 |
Key ratios
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue growth (YoY) | – | 5.1% | 1.3% | 13.7% | 5.9% |
| EPS growth (YoY) | – | 5.8% | 19.5% | 7.6% | 10.6% |
| Net margin | 225.0% | 234.1% | 282.4% | 277.2% | 310.1% |
| Return on equityBlank when equity is negative | 10.4% | 10.6% | 11.5% | 11.0% | 11.3% |
| Free cash flow margin | 518.3% | 607.0% | 316.6% | 253.5% | 323.9% |
| Cash conversion (CFO ÷ net income) | 2.43x | 2.70x | 1.20x | 1.04x | 1.11x |
Recent filings
More in State Commercial Banks
Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.