--- title: "Wintrust Financial Pref Shares WTFC 7.8750 Perp 07/15/30 | 8-K: FY2026 Q1 Revenue: USD 713.17 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/283399850.md" datetime: "2026-04-20T20:41:52.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283399850.md) - [en](https://longbridge.com/en/news/283399850.md) - [zh-HK](https://longbridge.com/zh-HK/news/283399850.md) --- # Wintrust Financial Pref Shares WTFC 7.8750 Perp 07/15/30 | 8-K: FY2026 Q1 Revenue: USD 713.17 M Revenue: As of FY2026 Q1, the actual value is USD 713.17 M. EPS: As of FY2026 Q1, the actual value is USD 3.22. EBIT: As of FY2026 Q1, the actual value is USD -248.49 M. ### Q1 2026 Financial and Operational Highlights #### Net Income Record quarterly net income was $227.4 million in Q1 2026, marking an increase of $4.4 million compared to Q4 2025, and up from $189.0 million in Q1 2025 . #### Pre-Tax Income, Excluding Provision for Credit Losses (non-GAAP) Pre-tax income, excluding provision for credit losses (non-GAAP), totaled $330.5 million in Q1 2026, compared to $329.8 million in Q4 2025 and $277.0 million in Q1 2025, representing a record for the ORGANIZATION NAME . #### Net Interest Income and Margin Net Interest Income (GAAP) was $579.0 million in Q1 2026, compared to $583.9 million in Q4 2025 and $526.5 million in Q1 2025 . Net Interest Income (non-GAAP) was $581.6 million in Q1 2026, compared to $586.7 million in Q4 2025 and $529.4 million in Q1 2025 . The non-GAAP net interest margin was 3.56% in Q1 2026, which was two basis points better than the prior quarter’s 3.54% and within the expected range, also matching Q1 2025 . The total investment portfolio yield for Q1 2026 was 3.85%, with a duration of 5.7 years . #### Non-Interest Income Total Non-Interest Income was $134.1 million in Q1 2026, an increase from $130.4 million in Q4 2025 and $116.6 million in Q1 2025 . **Wealth Management Revenue** was $42.1 million in Q1 2026, up from $39.4 million in Q4 2025 and $34.0 million in Q1 2025 . **Operating Lease Income, net** was $21.0 million in Q1 2026, up from $20.4 million in Q4 2025 and $19.4 million in Q1 2025 . **Service Charges on Deposits** were $19.2 million in Q1 2026, up from $16.4 million in Q4 2025 and $15.3 million in Q1 2025 . **Other income (incl. Call Option Income)** was $28.4 million in Q1 2026, down from $31.6 million in Q4 2025 but up from $27.4 million in Q1 2025 . **Mortgage Banking** income was $23.4 million in Q1 2026, up from $22.6 million in Q4 2025 and $20.5 million in Q1 2025 . #### Operating Costs / Non-Interest Expense Non-interest expense totaled $382.6 million in Q1 2026, decreasing $1.9 million compared to $384.5 million in Q4 2025, primarily due to lower travel and entertainment expenses and decreased advertising and marketing, reflecting typical first-quarter seasonality . Salaries were $228.5 million in Q1 2026, up from $222.6 million in Q4 2025 and $211.5 million in Q1 2025 . Commissions and Incentive Compensation were $129.1 million in Q1 2026, up from $124.9 million in Q4 2025 and $123.9 million in Q1 2025 . Benefits were $57.4 million in Q1 2026, up from $57.1 million in Q4 2025 and $52.5 million in Q1 2025 . #### Efficiency Ratio Efficiency ratio (GAAP) was 53.65% in Q1 2026, improving from 53.94% in Q4 2025 . Efficiency ratio (non-GAAP) was 53.45% in Q1 2026, improving from 53.73% in Q4 2025 and 56.95% in Q1 2025 . #### Return on Assets (ROA) ROA (GAAP) was 1.32% in Q1 2026, up from 1.27% in Q4 2025 and 1.20% in Q1 2025 . #### Return on Equity (ROE) / Return on Tangible Common Equity (ROTCE) Return on average common equity (GAAP) was 12.76% in Q1 2026, up from 12.63% in Q4 2025 and 12.21% in Q1 2025 . Return on average tangible common equity (non-GAAP) was 14.89% in Q1 2026, up from 14.83% in Q4 2025 and 14.72% in Q1 2025 . #### Loans and Deposits Total loans increased by approximately $1.0 billion, or 7% annualized, in Q1 2026, reaching $54.1 billion at March 31, 2026 . Year-over-year loan growth was $5.4 billion, or 11% . Total deposits increased by approximately $1.2 billion, or 8% annualized, in Q1 2026, reaching $58.9 billion at March 31, 2026 . Year-over-year deposit growth was $5.3 billion, or 10% . The diversified loan mix as of March 31, 2026, included Commercial (33%), Commercial Real Estate (26%), PFR - Property and Casualty Insurance (15%), PFR - Life Insurance (17%), Residential Real Estate (8%), and All Other Loans (1%) . Loan growth in Q1 2026 included $719 million in Commercial, $222 million in Commercial Real Estate, $148 million in Residential Real Estate, -$293 million in PFR - Property and Casualty Insurance, $173 million in PFR - Life Insurance, and -$3 million in All Other Loans . Deposit growth in Q1 2026 included $689 million in Non-Interest-Bearing deposits, $345 million in Money Market, $609 million in CDs, -$246 million in NOW, and -$200 million in Other Interest-Bearing deposits . #### Asset Quality Total Assets were $72.2 billion at March 31, 2026, an increase of $1.0 billion from Q4 2025 . Non-performing loans totaled $182.7 million and comprised 0.34% of total loans at March 31, 2026 . Allowance for credit losses on total core loans was 1.27% at March 31, 2026 . Net charge-offs were 14 basis points in Q1 2026 . Provision for credit losses was $29.6 million in Q1 2026, compared to $27.6 million in Q4 2025 and $24.0 million in Q1 2025 . The allowance for credit losses totaled $471.6 million at March 31, 2026, an increase from $460.5 million at December 31, 2025 . #### Capital Levels Capital levels were well in excess of regulatory thresholds as of March 31, 2026 (estimated) : CET1 Ratio: 10.4% . Tier 1 Capital Ratio: 11.1% . Total Capital Ratio: 12.5% . Tier 1 Leverage Ratio: 9.8% .Tangible Book Value Per Common Share (non-GAAP) increased to $89.90 as of March 31, 2026 . #### Outlook / Guidance ORGANIZATION NAME is well-positioned for strong financial performance, expecting stable net interest margin and balance sheet growth to drive strong net interest income growth through 2026 . Hedging activities are anticipated to moderate interest rate sensitivity, with the repricing of variable rate loans and cash substantially offset by hedges and deposit rate changes . ### Related Stocks - [WTFCN.US](https://longbridge.com/en/quote/WTFCN.US.md) ## Related News & Research - [Gamehaus Holdings Inc. 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