- Achieved a 20% return on average tangible common equity and over 1.3% return on assets.
- Capital ratios strengthened with CET1 over 11%, increasing 28 basis points quarter-over-quarter.
- Core deposits grew 5.8% annualized excluding brokered deposits, with non-interest bearing deposits at 24% of core deposits.
- Credit metrics improved with a 6% reduction in criticized and classified loans and normalized charge-offs at 25 basis points.
- Efficiency ratio improved to below 50%, specifically a low 48% adjusted efficiency ratio.
- Reported GAAP earnings per share of $0.46 and adjusted EPS of $0.59, an 11% increase over prior quarter and 28% year-over-year growth.
- Tangible book value per share grew 4% linked quarter and 10% year-over-year.
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- Credit quality remained strong with nonperforming loans decreasing and charge-offs stable compared to prior quarters.
- Deposits grew by nearly $900 million to almost $57 billion, maintaining pace with loan growth.
- Net income reached a record $216 million, up nearly 11% quarter-over-quarter from $195 million.
- Net interest income increased by $20 million to $567 million, driven by strong loan and balance sheet growth.
- Net interest margin was stable at 3.5%, within the targeted range despite a slight decline from the prior quarter.
- Non-interest expenses slightly declined to $380 million, improving efficiency and overhead ratios.
- Non-interest income rose by $6.7 million to $130.8 million, supported by wealth management, mortgage revenue, and security gains.
- Total loans grew by over $1 billion in the quarter, reaching $52 billion, an 11% annualized increase year-to-date.
- Credit quality remained strong with stable nonperforming loans and charge-offs at 11 basis points, unchanged from Q1.
- Deposit growth was strong at over $2 billion, with total assets growing to $69 billion including a $425 million preferred stock offering.
- Net interest income reached a quarterly record of $547 million, driven by $2.3 billion loan growth in Q2.
- Net interest margin remained stable at 3.54%, within the target range.
- Noninterest expenses rose by $15.4 million to $381.5 million, primarily due to higher salaries, benefits, and marketing expenses.
- Noninterest income increased by $7.5 million to $124.1 million, driven by mortgage banking and wealth management revenue growth.
- Tangible book value per share continued to grow, maintaining a consistent upward trend since becoming public.
- Wintrust reported record quarterly net income of $195.5 million, up from $189 million last quarter.
- Adjusted FFO was $232 million or $0.77 per share, and FAD was $223 million or $0.74 per share, both excluding certain items as detailed in reconciliations.
- Balance sheet remains strong with $734 million cash, 95% of $5 billion debt at fixed rates, fixed charge coverage ratio of 5.4x, and net funded debt to annualized adjusted normalized EBITDA at 3.67x, the lowest leverage in over a decade.
- Leverage target range remains 4 to 5x, with a sweet spot between 4.5 and 4.75x.
- Nareit FFO was $213 million or $0.70 per share, slightly down from $189 million or $0.72 per share in Q2 2024.
- Net income for Q2 2025 was $140 million or $0.46 per share, compared to $117 million or $0.45 per share in Q2 2024.
- Revenue for Q2 2025 was $283 million, up from $253 million in Q2 2024, primarily due to new investments, operator restructurings, and annual escalators, partially offset by asset sales.
- Second quarter adjusted funds from operations (AFFO) were $0.77 per share and funds available for distribution (FAD) were $0.74 per share, reflecting strong revenue and EBITDA growth driven by acquisitions and active portfolio management.
- Client equity surpassed $750 billion, up 40% from last year, significantly outpacing the S&P 500's 16% growth.
- Commission revenue increased by 23% year-over-year, reaching a record $537 million in Q3 2025.
- Customer trading volumes rose 27% in options and 67% in equities, while futures volumes declined 7%.
- Execution and clearing costs decreased 21% year-over-year due to SEC fee reductions and improved smart order routing.
- Net interest income rose 21% to a quarterly record of $967 million despite lower benchmark interest rates.
- Pretax margin remained strong at 79%, consistent with prior periods.
- Total assets increased 35% year-over-year to $200 billion, supported by higher margin lending and segregated cash balances.
- Total net revenues grew 21%, driven by higher trading volumes in stocks and options.
- Expanded full-year net interest margin to 7.34% and adjusted net interest margin to 5.92%, reflecting improved rate-related card expense management.
- Fourth quarter net income grew 16% with EPS up 26% to $1.69, supported by 13% growth in non-interest income.
- Liquidity remains strong with $2.3 billion available, higher than the prior year.
- Loans and leases grew to $4.7 billion, a 14% increase primarily from commercial finance verticals including renewable energy and asset-based lending.
- Net income for the year was $185.9 million, driven by a 10% increase in non-interest income compared to the previous year.
- Non-performing loans increased in the quarter but remain well collateralized; net charge-off rate for 2025 was 64 basis points, within historic range.
- Reported full-year earnings per diluted share of $7.87, representing 9% year-over-year growth and exceeding the high end of prior guidance.
- Return on average assets for the year was 2.46%, and return on average tangible equity was 38.75%, indicating strong profitability.
- Blue Foundry Bancorp reported a net loss of $2 million or $0.10 per diluted share for Q2 2025, an improvement of $735,000 from the prior quarter.
- Cost of funds declined by 13 basis points to 2.72%, with deposit costs down 13 basis points to 2.62% and borrowings cost down 9 basis points to 3.30%.
- Deposits increased by $29.1 million or 2%, with core deposits growing approximately 4%, fueled by full banking relationships with commercial customers.
- Gross loans increased by $47.4 million during the quarter, with organic growth in owner-occupied commercial real estate and construction, plus $45 million in credit-enhanced consumer loan purchases.
- Interest income rose by $725,000 primarily due to loan growth, while interest expense declined by $171,000 reflecting lower deposit costs.
- Loan portfolio yield improved by 8 basis points to 4.80%, and total interest-earning assets yield increased by 7 basis points to 4.58%.
- Net interest income increased by $896,000 or 8.3%, driven by a 12 basis point expansion in net interest margin and loan growth.
- Noninterest expense decreased by $90,000 compared to prior quarter, mainly due to seasonal occupancy expense, and is expected to remain in the mid- to high $13 million range.
- Nonperforming assets and loans increased slightly but remain low at 0.30% and 0.38% respectively, with allowance coverage ratios slightly decreased but still strong.
- Provision for credit losses was $463,000, primarily for reserves on unfunded loan commitments scheduled to close in Q3.
Dafinchi