Forward Looking Statements
adverse effects of failures by our vendors to provide agreed upon services in the manner and at the cost agreed, particularly our information technology vendors;
increased costs as a result of protecting our customers from the impact of stolen debit card information;
accuracy and completeness of information the Company receives about customers and counterparties to make credit decisions;
ability of the Company to attract and retain senior management experienced in the banking and financial services industries;
environmental liability risk associated with lending activities;
the impact of any claims or legal actions to which the Company is subject, including any effect on our reputation;
losses incurred in connection with repurchases and indemnification payments related to mortgages and increases in reserves associated therewith;
the loss of customers as a result of technological changes allowing consumers to complete their financial transactions without the use of a bank;
the soundness of other financial institutions and the impact of recent failures of financial institutions, including broader financial institution liquidity risk and concerns;
the expenses and delayed returns inherent in opening new branches and de novo banks;
liabilities, potential customer loss or reputational harm related to closings of existing branches;
examinations and challenges by tax authorities, and any unanticipated impact of tax legislation;
changes in accounting standards, rules and interpretations, and the impact on the Company's financial statements;
the ability of the Company to receive dividends from its subsidiaries;
a decrease in the Company's capital ratios, including as a result of declines in the value of its loan portfolios, or otherwise;
legislative or regulatory changes, particularly changes in regulation of financial services companies and/or the products and services offered by financial services companies;
changes in laws, regulations, rules, standards and contractual obligations regarding data privacy and cybersecurity;
a lowering of our credit rating;
changes in U.S. monetary policy and changes to the Federal Reserve's balance sheet, including changes in response to persistent inflation or otherwise;
regulatory restrictions upon our ability to market our products to consumers and limitations on our ability to profitably operate our mortgage business;
increased costs of compliance, heightened regulatory capital requirements and other risks associated with changes in regulation and the regulatory environment;
the impact of heightened capital requirements;
increases in the Company's FDIC insurance premiums, or the collection of special assessments by the FDIC;
delinquencies or fraud with respect to the Company's premium finance business;
credit downgrades among commercial and life insurance providers that could negatively affect the value of collateral securing the Company's premium finance loans;
the Company's ability to comply with covenants under its credit facility;
fluctuations in the stock market, which may have an adverse impact on the Company's wealth management business and brokerage operation; and
widespread outages of operational, communication, or other systems, whether internal or provided by third parties, natural or other disasters (including acts of terrorism, armed hostilities and pandemics), and the effects of climate change.
Therefore, there can be no assurances that future actual results will correspond to any forward-looking statement. The reader is cautioned not to place undue reliance on any forward-looking statement made by the Company. Any such statement speaks only as of the date the statement was made or as of such date that may be referenced within the statement. The Company undertakes no obligation to update any forward-looking statement to reflect the impact of circumstances or events after the date of the press release and this presentation. Persons are advised, however, to consult further disclosures management makes on related subjects in its reports filed with the Securities and Exchange Commission and in its press releases and presentations.
3
$56.8 billion
+$4.7 billion or 9%
Total Loans
$76.0 billion
+$6.3 billion or 9%
Total Assets
$62.4 billion
+$5.7 billion or 10%
Total Deposits
September 2026 Year-to-Date Highlights (Comparative to September 2025 Year-to-Date)
Net Income
Pre-Tax, Pre-Provision1
Diluted EPS
$700.1 million
+$99.3 million or 17%
$1.0 billion
+$139.7 million or 16%
$9.89
+$1.64 or 20%
$1.8 billion
+$157.8 million or 10%
Net Interest Income
(GAAP)
3.51%
0 bps
Net Interest Margin
(non-GAAP)
3.53%
0 bps
(non-GAAP)
$88.18
+$2.79
BV / TBV
(GAAP)
$101.74
+$2.87
Record net income of $700.1 million or $9.89 per diluted common share, for the first nine months of 2026, compared to net income of $600.8 million, or $8.25 per diluted common share for the same period of 2025
Record September 2026 year-to-date net interest income of $1.8 billion was driven by robust earning asset growth
Total loans increased by approximately $4.7 billion, or 9% compared to September 30, 2025, and was driven by robust growth across all major loan portfolios
Total deposits increased by approximately $5.7 billion, or 10% compared to September 30, 2025, and was driven by our diversified deposit product offerings
September 2026 Year-to-Date Takeaways
1 Pre-tax income, excluding provision for credit losses (non-GAAP) - See non-GAAP reconciliation in the Appendix
4
$352.2 million
+$11.1 million
Pre-Tax, Pre-Provision1
$62.4 billion
+$1.3 billion
$56.8 billion
+$1.1 billion
$76.0 billion
+$1.3 billion
$3.37
+$0.07
Diluted EPS
$239.1 million
+$5.4 million
Net Income
(non-GAAP)
53.22%
-54 bps
(GAAP)
53.41%
-55 bps
(non-GAAP)
14.89%
-2 bps
(GAAP)
12.83%
+1 bp
Efficiency Ratio
Q3 2026 Highlights (Comparative to Q2 2026)
1.27%
-3 bps
Return on Assets
ROE / ROTCE
Total Assets
Total Loans
Total Deposits
Diversified Balance Sheet
Total loans increased by approximately $1.1 billion, or 8% annualized, and was driven by growth across all major loan categories
Total deposits increased by approximately $1.3 billion, or 8% annualized, and was driven by our diversified customer base and product offerings
Stable Margin Supports Earnings
Record quarterly net income of $239.1 million
Q3 2026 net interest margin (non-GAAP) of 3.51% was one basis point lower than the prior quarter and remains within our expected range
Strong Credit Quality
Non-performing loans totaled $176.9 million and comprised 0.31% of total loans at September 30, 2026
Allowance for credit losses on total core loans was 1.22% at September 30, 2026
Low levels of net charge-offs at 15 basis points of average total loans on an annualized basis in the third quarter of 2026
1 Pre-tax income, excluding provision for credit losses (non-GAAP) - See non-GAAP reconciliation in the Appendix
5
Earnings SummaryDifferentiated, highly diversified and sustainable business model
Record Quarterly Net Income($ in Millions)
Record Quarterly Pre-Tax Income, Excluding Provision for CreditLosses
($ in Millions)
$216.3
$233.7
$239.1
1.26%
1.27%
1.30%
$341.1
$352.2
$317.8
Q3 2025 Q2 2026 Q3 2026Net Income ROA
Q3 2025 Q2 2026 Q3 2026Pre-Tax Income, excluding Provision for Credit Losses (non-GAAP)
Record quarterly net income of $239.1 million supported by strong loan and deposit growth and a stable net interest margin
Q3 2026 pre-tax income, excluding provision for credit losses (non-GAAP) totaled $352.2 million as compared to $341.1 million in the second quarter of 2026, a record for the Company
Q3 2026 Highlights
$3.30 $3.37
$2.78
Q3 2025 Q2 2026 Q3 2026Diluted EPS
6
Loan PortfolioDiversified loan portfolio drives consistent growth
Loan growth during the third quarter totaled $1.1 billion, or 8% on an annualized basis
Strong loan growth driven by increases across all loan categories
Year-over-year loan growth of 9% driven by robust organic growth
Highlights
($ in Billions)
$52.1
6.44%
6.07%
6.06%
$55.7
$56.8
9/30/2025 6/30/2026 9/30/2026
Total Loans Average Total Loan Yield
Loan Growth Across All Loan Categories($ in Millions)
Diversified Loan Mix (as of 9/30/2026)
17%
8%
1%
15%
32%
27%
$690
$153
$12
$226
$9
$56,805
$55,655
$60
Commercial
Commercial Real Estate
PFR - Property and Casualty Insurance
PFR - Life Insurance
Residential Real Estate All Other Loans
6/30/2026 Commercial Commercial
Real Estate
Residential Real Estate
PFR -
Property and Casualty Insurance
PFR - Life Insurance
All Other Loans
9/30/2026
7
Deposit PortfolioEnviable core deposit franchise in Chicago, Milwaukee and Grand Rapids market areas
Third quarter deposit growth totaling $1.3 billion or 8% annualized
Year-over-year deposit growth of $5.7 billion, or 10%, was supported by strong organic growth
Growth across a wide range of deposit products highlights our strong deposit franchise
Highlights
($ in Billions)
$56.7
$61.1
$62.4
3.15% | 2.74% | 2.73% | ||
9/30/2025 | 6/30/2026 | 9/30/2026 |
Total Deposits Rate Paid on Average Total Interest-Bearing Deposits
Quarterly Growth Primarily from Money Market Products, NOW andInterest-Bearing Demand Deposits
($ in Millions)
Deposit Costs Remain Stable in Third QuarterThe Federal Reserve raised the fed funds rate upper bound to 4.00% on 9/16/2026
5.50%
$1,091
$511 $231 $62,435
5.00%
3.73% 3.72%
4.50% 4.50% 4.50%
4.25%
.75% 3.75% | 3.75% | 4.00% |
.90% 2.74% | 2.74% | 2.73% |
.33% 2.21% | 2.21% | 2.22% |
1/2025 3/31/2026 | 6/30/2026 | 9/30/2026 |
3
$61,141
$(212)
$(327)
6/30/2026 Non-Interest-BearingMoney Market
CDs NOW and Interest-Bearing
Other Interest-Bearing 1
9/30/2026
2.93% 2.94%
3.39% 3.16% 3.14% 3.15%
2
2.68% 2.51% 2.51% 2.54%
2
Demand Deposits6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/3
Ending Fed Funds Rate Upper Bound Average Interest-Bearing Deposit Rate Average Total Deposit Rate
1 Includes Savings and Wealth Management Deposits which represent deposit balances of the Company's subsidiary banks from brokerage customers of Wintrust Investments, Chicago Deferred Exchange Company, LLC ("CDEC"), and trust and asset management customers of the Company.
8
Capital/LiquidityCapital levels are well in excess of regulatory thresholds
Stable Capital Levels12.4% 12.5%
Continued Year-over-Year Growth in CET110.2%
10.4% 10.5%
12.4%
10.9% 11.1% 11.2%
10.4% 10.5%
10.2%
9.5%
9.8%
9.8%
9/30/2025 6/30/2026 9/30/20261
CET1 Ratio Tier 1 Capital Ratio Total Capital Ratio Tier 1 Leverage Ratio
9/30/2025 6/30/2026 9/30/2026 1
Strategically Balanced Investment Portfolio (as of 9/30/2026)
$7.6
$10.8
$3.1
($ in Billions)
Tangible Book Value (non-GAAP) Impacted by changes in AOCI$92.13
$3.06
$88.18
$(0.44)
$(6.57)
Total Investment Portfolio
Yield (Q3 '26): 4.04%
Duration: 6.0 Years
$0.1
Available-for-Sale Held-to-Maturity Other
6/30/2026 AOCI Guardianship Acquisition Impact
Earnings & Other 9/30/2026
1Ratios for Q3 2026 are estimated
9
Tangible Book Value Per Common Share (non-GAAP)Wintrust has grown TBV Per Common Share every year since going public in 1996. TBV Per Common Share was $88.18 as of September 30, 2026
$88.66 $88.18
$75.39
$70.33
$59.64 $61.00
$4.11
$5.50 $6.03 $6.19 $7.08
$9.03
$11.65
$14.84 $16.07 $17.28
$18.97 $19.02 $20.78
$23.22
$25.80 $26.72
$29.28 $29.93
$32.45 $33.17
$37.08
$41.68
$44.67
$49.70
$53.23
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
9/30/2026
Tangible Book Value Per Common Share (non-GAAP)
10
Total Shareholder ReturnWintrust's commitment to growing shareholder value is exemplified by generally outperforming the KBW Nasdaq Regional Banking Total Return Index (KRXTR)
140%
120%
100%
Total Shareholder Return of WTFC Compared to KRXTR (1-Year)
113%
100%
109%
250%
200%
150%
100%
Total Shareholder Return of WTFC Compared to KRXTR (3-Year)
180%
196%
146%
168%
100%
133%
148%
9/30/2025
9/30/2026
9/30/2023
9/30/2024
9/30/2025
9/30/2026
80% 50%
WTFC KRXTR WTFC KRXTR
300%
250%
200%
150%
Total Shareholder Return of WTFC Compared to KRXTR (5-Year)
173% 187%
141%
103%
350%
300%
250%
200%
Total Shareholder Return of WTFC Compared to KRXTR (10-Year)
100%
50%
9/30/2021
9/30/2022
0%
100%
93%
98%
76%
102% 113%
128%
150%
100%
50%
279%
258%
212%
142%
155%
162%
157%
149%
207%
100%
129%
133%
120%
122%
153%
150%
165%
182%
82%
124%
78%
9/30/2023
9/30/2024
9/30/2025
9/30/2026
9/30/2016
9/30/2017
9/30/2018
9/30/2019
9/30/2020
9/30/2021
9/30/2022
9/30/2023
9/30/2024
9/30/2025
9/30/2026
WTFC KRXTR
WTFC KRXTR
* Data Source: S&P Capital IQ
11
Net Interest Margin/IncomeNet interest margin within guidance range; coupled with strong earning asset growth generated net interest income growth
We believe we are well-positioned for strong financial performance as we expect the combination of a stable net interest margin and balance sheet growth to result in strong net interest income growth through 2026
Hedging activities help manage our interest rate risk, reduce volatility in net interest income, and support net interest income margin stability across a range of rate environments
Highlights
($ in Millions)
$621.6
$597.4
$567.0
3.50%
3.51%
3.52%
9/30/2025 6/30/2026 9/30/2026
Net Interest Income NIM, fully taxable-equivalent (non-GAAP)
Derivatives Held by the Company as of September 30, 2026 that Hedge the Cash Flows of Variable Rate Loans1($ in Billions)
$0.45
$1.75
$0.45
$1.25
$0.45
$1.25
$0.45
$1.25
$5.25
$0.45
$4.45
$4.85
$5.05
$5.05
$4.80
$6.65 $6.55 $6.75 $6.75
As of September 30, 2026
Collars Weighted Average Cap Rate: 3.70%
Collars Weighted Average Floor Rate: 2.21%
Receive Fixed Swaps Weighted Average Rate: 3.80%
Interest Rate Floor Weighted Average Strike Rate: 2.50%
9/30/2026 12/31/2026 3/31/2027 6/30/2027 9/30/2027
Received Fixed Swaps Costless Collars Interest Rate Floor
1 Balances shown represent the notional amount of cash flow hedging derivatives that are effective as of the dates presented. Reference the Appendix for the complete derivative schedule
12
Non-Interest IncomeDiversified fee businesses supported year-over-year growth in non-interest income levels despite challenging mortgage environment
Year-over-Year Increase Across All Major Categories$130.8
$24.5
$141.3
$27.4
$136.3
$25.5
$33.8
$34.0
$19.8
$15.5
$37.2
$21.2
$18.8
$29.2
$22.2
$18.4
$39.9
$41.0
($ in Millions)
Steady Growth in Wealth Management AUA and Revenue($ in Millions)
$37.2
$49.7
$51.5
$46.3
$39.9
$41.0
Q3 2025 Q2 2026 Q3 2026Wealth Management Operating Lease Income, net Service Charges on Deposits Other1; incl. Call Option Income Mortgage Banking
Decrease in Mortgage Originations for Sale Driven by Higher Interest Q3 2025 Q2 2026 Q3 2026Total Wealth Management Revenue Client Assets Under Administration ($ in billions)
Rates MSRs Effectively Hedged to Moderate Impact to Fair Value$12,524
$12,670
$12,791
($ in Millions)
$643.4
$834.9
$618.5
($ in Millions)
$190.9 $201.9
$238.5
$487.1
$131.4
$505.8
$137.6
$660.3
$174.6
MSRs, at fair value Loans Serviced for Others
% of MSRs to Loans Serviced for Others | Q3 2025 | Q2 2026 | Q3 2026 |
1.52% | 1.59% | 1.86% |
Retail Originations Veterans First Originations
1 Other - includes Interest Rate Swap Fees, BOLI, Administrative Services, FX Remeasurement Gains/(Losses), Early Pay-Offs of Capital Leases, Gains/(losses) on investment securities, net, Fees from covered call options, Trading gains/(losses), net and Miscellaneous
13
Non-Interest ExpenseWe continue to manage our expenses in line with company growth
Quarterly Decrease Driven by Salaries and Benefits Related to LowerPayroll Taxes and Deferred Compensation Efficiency Ratio Improved Quarter-Over-Quarter
$219.7
$38.8
$56.2
$124.6
$129.9
$128.6
$234.1 | $230.5 | |
$41.8 | $40.0 | |
$62.4 | $61.9 |
($ in Millions)
53.22%
54.47% 53.76%
Q3 2025 Q2 2026 Q3 2026Salaries Commissions and Incentive Compensation Benefits
Q3 2025 Q2 2026 Q3 2026Efficiency Ratio (non-GAAP)
Non-interest expense totaled $405.7 million in the third quarter of 2026 compared to $397.5 million in the second quarter of 2026
The increase was primarily attributable to seasonally higher advertising and marketing expenses and higher FDIC insurance expense following the reversal of the FDIC special assessment in the second quarter
Highlights
($ in Billions)
$71.1
$64.9
$52.9
$56.3
$45.1
$50.1
2.51%
2.42%
2.33%
2.45%
2.36%
2.26%
2.19%
$76.0
FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 9/30/2026Total Assets Non-Interest Expense as a % of Average Assets
14
Credit QualityDiversified business lines and strong credit management support stable credit quality
Special Mention and Substandard Percentages Remained
Low and Consistent Levels of Non-Performing Loans
Stable Quarter over Quarter
($ in Millions) ($ in Millions)
0.31% 0.32% 0.31%
$53,961 $55,232
$162.6
$37.5
$179.3
$44.1
$176.9
$50.8
$125.1
$135.2
$126.1
9/30/2025 6/30/2026 9/30/2026
NPLs as a % of Total Loans PFR - Life and Property & Casualty NPLs Commercial, CRE and Other NPLs
97% 97% 2% 2% 1% 1%
Q2 2026 Q3 2026$1,034 $893
Q2 2026 Q3 2026$660 $680
Q2 2026 Q3 2026
Provision Remains Stable($ in Millions)
Pass and Loans Guaranteed1 Special Mention Substandard2
Allowance For Credit Losses Quarter over Quarter($ in Millions)
$481.2
$486.1
$(9.3)
$14.2
0.19%
0.10%
0.15%
$24.6
$21.8
$23.1
$21.0
$25.9
$13.4
Q3 2025 Q2 2026 Q3 2026NCOs Provision for Credit Losses Annualized NCOs as a % of Average Total Loans
6/30/2026 Portfolio Changes3
Macroeconomic Scenario
9/30/2026
1 Pass and Loans Guaranteed: Includes early buy-out loans guaranteed by U.S. government agencies
2 Substandard: Substandard includes Substandard Accrual and Substandard Nonaccrual/Doubtful
3 Portfolio Changes: Includes new volume and run-off, changes in credit quality, shifts in segmentation mix, impact of net
charge-offs, and changes in qualitative factors
15
Non-Performing Assets to Total AssetsNPAs continue to remain historically low
1.74%
1.58%
1.52%
1.30%
1.03%
0.81%
0.85%
0.25%
0.45%
0.40% 0.41%
0.46% 0.48%
0.34%
0.51%
0.29%
0.39%
0.34%
0.62%
0.56%
0.50% 0.47%
0.44%
0.36%
0.32%
0.16%
0.21%
0.27% 0.30% 0.29%
0.25%
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
9/30/2026
NPA/TA
16
Credit Quality - Allowance for Credit LossesThe Company remains well-reserved
Appropriate Allowance Coverage on Total Loan Portfolio Consistently Well-Reserved Across Our Core1 Loan Portfolio($ in Billions) ($ in Billions)
$55.7
$56.8
$52.1
0.87%
0.86%
0.86%
$32.7
$33.9
$30.6
1.34%
1.24%
1.22%
9/30/2025 6/30/2026 9/30/2026 9/30/2025 6/30/2026 9/30/2026
Total Loan Period End Balance Allowance as a % of Total Loans
Allowance Provides Proper Coverage due to Minimal Historic Losses in Niche1 Portfolio($ in Billions)
Core Loan Period End Balance 1
Allowance as a % of Category
Coverage across all portfolios remains stable to protect against downside risks in an uncertain macroeconomic environment
Increase in allowance for credit losses driven by portfolio changes, primarily due to changes in credit quality and new volume
Q3 2026 Highlights
$22.9 $22.9
$21.5
0.21%
0.31%
0.32%
9/30/2025 6/30/2026 9/30/2026
Niche Loan Period End Balance 1
Allowance as a % of Category
1 Niche Loans consists of: Franchise, Mortgage warehouse lines of credit, Community Advantage - homeowners association, Insurance entity lending, Premium Finance receivables, and Consumer and other. All other loans are considered Core
17
Credit Quality - Commercial LoansDiversified portfolio with low net charge-offs
Consistent Loan Growth Coupled with Proactive Credit Management Stable Levels of Non-Performing Commercial Loans($ in Millions) ($ in Millions)
$85.7
$66.6
0.40%
0.47%
0.50%
$16,544
0.49%
0.39%
0.20%
$18,281 $18,342
$90.6
9/30/2025 6/30/2026 9/30/2026
Period End Balance Net Charge-Off Ratio (Annualized)
9/30/2025 6/30/2026 9/30/2026
NPLs NPL as a % of Category
Allowance Provides Appropriate Coverage Commercial Loan Composition (as of 9/30/2026)
($ in Millions)
$234.8 $240.1
$189.5
1.15%
1.28%
1.31%
9/30/2025 6/30/2026 9/30/2026
Calculated Allowance Allowance as a % of Category
Commercial and industrial
17%
5%
7%
9%
9%
6%
44%
Asset-based lending
3% Municipal
Leases
Franchise
Mortgage warehouse lines of credit
Community Advantage - HOA Insurance entity lending
18
Credit Quality - Commercial Real Estate LoansWell-diversified portfolio with a majority of its exposure in stabilized, income producing properties
Solid Growth in Portfolio with Strong Credit Quality Continued Low Levels of Non-Performing Loans($ in Millions) ($ in Millions)
$13,619
$14,271
$14,961
0.00%
0.02%
(0.05)%
$28.2
$17.2
$13.0
0.09%
0.12%
0.21%
9/30/2025 6/30/2026 9/30/2026
Period End Balance Net Charge-Off Ratio (Annualized)
9/30/2025 6/30/2026 9/30/2026
NPLs NPL as a % of Category
Allowance Continues to Provide Appropriate Coverage($ in Millions)
Commercial Real Estate Loan Composition (as of 9/30/2026)
$230.5
$209.9
$209.1
1.40%
1.47%
1.69%
16%
13%
11%
24%
10%
24%
2%
Multi-family Industrial
Commercial and Residential construction Mixed use and other
Office Retail Land
9/30/2025 6/30/2026 9/30/2026
Calculated Allowance Allowance as a % of Category
19
Credit Quality Premium Finance Receivable - Life InsuranceLife insurance portfolio remains steady with no charge-offs and low levels of non-performing loans
Sustained Growth with Stellar Credit Quality Manageable Levels of Non-Performing Loans($ in Millions) ($ in Millions)
$8,759
0.00%
0.00%
0.00%
$9,313 $9,539
0.11%
0.00%
0.00%
$10.4
$0.0
$0.0
9/30/2025 6/30/2026 9/30/2026
Period End Balance Net Charge-Off Ratio (Annualized)
9/30/2025 6/30/2026 9/30/2026
NPLs NPL as a % of Category
Total Loan Collateral1 by Type (as of 9/30/2026) "Other" Loan Collateral1 by Type (as of 9/30/2026)
($ in Millions)
$9,446
Collateral
Coverage2 of 122%
$2,178
Other
5%
16%
5%
74%
Cash Surrender Value Other
Annuity Brokerage Account Certificate of Deposit Letters of Credit
1 Loan Collateral reported at actual values versus credit advance rate
2 Collateral Coverage is calculated by dividing Total Loan Collateral (Undiscounted) by Total Loan Portfolio Balance
20
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