Wintrust Financial reported a record second quarter with net income of $233.7 million, marking its sixth consecutive record quarter driven entirely by organic growth. Deposits rose $2.2 billion and loans increased $1.6 billion, with management saying growth was broad-based across lending segments while the net interest margin stayed stable at 3.52%. Credit quality remained solid, with non-performing loans and charge-offs improving, and the bank continues to invest in branch expansion, digital banking and wealth management to support future growth.
Wintrust Financial CorporationRecord net income and strong organic growth across deposits and loans