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Get filing alertsWintrust reports record Q2 2026 net income of $233.7M on strong loan and deposit growth
Filed July 20, 2026 · Period ending July 20, 2026 · ~1 min read
Key Changes
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Record quarterly net income of $233.7M ($3.30/share) in Q2 2026, up from $227.4M ($3.22/share) in Q1 2026, marking the sixth consecutive quarter of record earnings driven by robust balance sheet growth.
Exhibit 99.1 view on EDGAR → -
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Total deposits grew $2.2B (15% annualized) and total loans increased $1.6B (12% annualized) in Q2 2026, with diversified loan growth across all major categories and loans-to-deposits ratio at 91.0%.
Exhibit 99.1 view on EDGAR → -
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Tangible book value per share increased to $92.13 at June 30, 2026, up from $81.86 a year earlier, continuing the company's unbroken annual growth streak since going public in 1996.
Exhibit 99.2 view on EDGAR → -
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Net interest margin (non-GAAP) declined 4 basis points to 3.52% in Q2 2026 from 3.56% in Q1 2026, primarily due to lower loan yields, though net interest income reached a record $597.4M on strong earning asset growth.
Exhibit 99.2 view on EDGAR → -
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Credit quality remained stable with net charge-offs at 10 basis points (down from 14 bps in Q1 2026) and non-performing loans at 0.32% of total loans; provision for credit losses totaled $23.1M versus $29.6M prior quarter.
Exhibit 99.1 view on EDGAR →
Summary
Wintrust delivered its sixth consecutive quarter of record earnings in Q2 2026, with net income of $233.7 million ($3.30 per diluted share) driven by strong organic growth across both loans and deposits. The company added $1.6 billion in loans and $2.2 billion in deposits during the quarter, reflecting diversified growth across its product offerings and continued market share gains.
For the first half of 2026, net income reached a record $461.1 million, up 20% year-over-year. The net interest margin compressed 4 basis points to 3.52% as loan yields declined, but remained within management's expected range. Robust earning asset growth more than offset the margin pressure, pushing net interest income to a record $597.4 million.
Credit quality metrics improved sequentially, with net charge-offs declining to 10 basis points and non-performing loans holding steady at 0.32% of total loans. Tangible book value per share grew to $92.13, extending the company's unbroken streak of annual increases since its 1996 IPO. The quarter also included a $5.2 million reversal of an FDIC special assessment related to 2023 bank failures.
Section-by-Section Diff
Event · Exhibit 99.2
Added in current filing · view on EDGAR →
Record net income of $461.1 million or $6.52 per diluted common share, for the first six months of 2026, compared to net income of $384.6 million, or $5.47 per diluted common share for the same period of 2025
Wintrust reported record net income of $461.1 million for the first six months of 2026, up 20% from $384.6 million in the same period of 2025. Diluted earnings per share increased to $6.52 from $5.47. For Q2 2026 alone, net income was $233.7 million, also a quarterly record.
Added in current filing · view on EDGAR →
Total deposits increased by approximately $5.3 billion, or 10% compared to June 30, 2025, and was driven by our diversified deposit product offerings
Total deposits grew $5.3 billion year-over-year to $61.1 billion, a 10% increase. Total loans increased $4.6 billion or 9% to $55.7 billion, and total assets grew $5.7 billion or 8% to $74.7 billion. The growth was driven by diversified product offerings and market share gains in key markets.
Event · Exhibit 99.1
Added in current filing · view on EDGAR →
The Company reported record quarterly net income of $233.7 million, or $3.30 per diluted common share, for the second quarter of 2026, compared to net income of $227.4 million, or $3.22 per diluted common share, for the first quarter of 2026.
Wintrust achieved record quarterly net income in Q2 2026, marking the sixth consecutive quarter of record earnings. The increase was driven by robust balance sheet growth and stable net interest margin. This continues the company's strong performance trajectory.
Added in current filing · view on EDGAR →
Total loans increased by $1.6 billion, or 12% annualized. ... Total deposits increased by $2.2 billion, or 15% annualized. ... Total assets increased by $2.5 billion, or 14% annualized.
The company reported strong diversified loan growth funded by robust organic deposit growth in Q2 2026. Loan growth was diversified across all major categories, including seasonally higher growth in Premium Finance Receivables. The loans-to-deposits ratio ended the quarter at 91.0%, indicating healthy funding dynamics.
Added in current filing · view on EDGAR →
A $5.2 million reversal of an FDIC special assessment accrued in the first quarter of 2024. The special assessments were in response to certain bank failures in 2023 and the reversal is based on the FDIC's final determination of losses to its Deposit Insurance Fund.
The company reversed a $5.2 million FDIC special assessment that had been accrued in Q1 2024. The reversal reflects the FDIC's final determination of losses from certain 2023 bank failures, reducing non-interest expense in Q2 2026.
Added in current filing · view on EDGAR →
Provision for credit losses totaled $23.1 million in the second quarter of 2026, compared to a provision for credit losses of $29.6 million in the first quarter of 2026. ... Net charge-offs totaled $13.4 million, or 10 basis points of average total loans on an annualized basis, in the second quarter of 2026 down from $18.4 million, or 14 basis points of average total loans on an annualized basis, in the first quarter of 2026. ... Non-performing loans totaled $179.3 million and comprised 0.32% of total loans at June 30, 2026, as compared to $182.7 million and 0.34% of total loans at March 31, 2026.
Credit quality remained stable with lower provision for credit losses and net charge-offs compared to the prior quarter. Non-performing loans decreased slightly. The provision reflects stable credit quality and a mostly stable macroeconomic forecast, though uncertainty remains regarding credit spreads, equity valuations, consumer and business sentiment, and the job market.
Added in current filing · view on EDGAR →
Net interest margin decreased to 3.50% (3.52% on a fully taxable-equivalent basis, non-GAAP) during the second quarter of 2026 primarily due to lower loan yields.
Net interest margin declined four basis points to 3.52% on a fully taxable-equivalent basis in Q2 2026, primarily due to a seven basis point decrease in loan yields. Funding costs on interest-bearing deposits remained unchanged. Despite the margin compression, net interest income increased to $597.4 million driven by robust average earning asset growth of $2.1 billion.
Event · Item 2.02 — Results of Operations and Financial Condition
Wintrust announced Q2 2026 earnings and posted related presentation materials on its website.
Added in current filing · verify on EDGAR →
On July 20, 2026, Wintrust Financial Corporation (the “Company”) announced earnings for the second quarter of 2026 and posted on its website the Second Quarter 2026 Earnings Release Presentation.
Wintrust disclosed its second quarter 2026 financial results through a press release and investor presentation. The 8-K itself does not contain the actual earnings figures — those are in the attached exhibits (99.1 and 99.2), which include non-GAAP reconciliations on specified pages.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jul 21, 2026 · How we verify