Company data sheet · Wintrust Financial
Wintrust Financial: profitable every year.
- Industry
- State Commercial Banks
- Ticker
- WTFC (Nasdaq)
- Sources
- SEC filings (1996–2026), Stratrix's verified Decision Cases, market data and official economic statistics
- Data as of
- November 15, 2026
- Profitable every year. Wintrust Financial made money in each of its last ten fiscal years, from $0.2 billion (2016) to $0.8 billion (2025).
Financial results
| Fiscal year | Revenue | Net income | |
|---|---|---|---|
| 2017 | $0.1 billion | $0.3 billion | |
| 2018 | $0.2 billion | $0.3 billion | |
| 2019 | $0.2 billion | $0.4 billion | |
| 2020 | $0.2 billion | $0.3 billion | |
| 2021 | $0.2 billion | $0.5 billion | |
| 2022 | $0.2 billion | $0.5 billion | |
| 2023 | $0.2 billion | $0.6 billion | |
| 2024 | $0.3 billion | $0.7 billion | |
| 2025 | $0.3 billion | $0.8 billion |
As reported in its annual filings. Losses in red.
Has Wintrust Financial had layoffs?
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | 5,521 full-time equivalent employees | December 31, 2023 |
| 10-K for 2024 | 5,903 full-time equivalent employees | As of December 31, 2024 |
| 10-K for 2025 | 5,902 full-time equivalent employees | As of December 31, 2025 |
Job cuts, severance and restructuring
None of Wintrust Financial’s annual reports for 2023 to 2025 describes a layoff, workforce reduction or restructuring.
Wintrust Financial has filed no restructuring notice (Form 8-K, Item 2.05) since 2016. Companies file one only for a cut they judge material, so many announced layoffs never appear as one. This page shows what the company reported to the SEC, not news reports or state layoff notices.
What has Wintrust Financial acquired?
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Rothschild & Co Asset Management US Inc. and Rothschild & Co Risk Based Investments LLC“On April 3, 2023, the Company completed its acquisition of Rothschild & Co Asset Management US Inc. and Rothschild & Co Risk Based Investments LLC from Rothschild & Co North America Inc.” 10-K for 2023 | agreed acquisition | On April 3, 2023 | — |
Retirement Benefits Advisors ("RBA") division“In the first quarter of 2024, the Company sold its Retirement Benefits Advisors ("RBA") division and recorded a gain of approximately $20.0 million in other non-interest income from the sale.” 10-K for 2024 | agreed divestiture | In the first quarter of 2024 | — |
Macatawa, the parent company of Macatawa Bank“On August 1, 2024, the Company completed its previously announced acquisition of Macatawa, the parent company of Macatawa Bank.” 10-K for 2024 | acquisition | On August 1, 2024 | — |
Elektra Holding Company, LLC ("Elektra")“CDEC is the subsidiary of Elektra Holding Company, LLC (“Elektra”), which was acquired by the Company in December of 2018.” 10-K for 2024 | acquisition | in December of 2018 | — |
Macatawa“On August 1, 2024, the Company completed its previously announced acquisition of Macatawa, the parent company of Macatawa Bank.” 10-K for 2025 | acquisition | On August 1, 2024 | — |
RBA division within its wealth management business“The decrease was primarily due to a $20.0 million gain recognized in the first quarter of 2024 related to the sale of the Company’s RBA division within its wealth management business.” 10-K for 2025 | divestiture | first quarter of 2024 | $20.0 million |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2016-12-31 | $613.6 million | $24.7 million |
| 2017-12-31 | $284,000 | $999,000 |
| 2018-12-31 | $53.9 million | $73.2 million |
| 2019-12-31 | $108.4 million | $71.2 million |
| 2020-12-31 | $0 | $0 |
| 2021-12-31 | $585.4 million | $9.3 million |
| 2022-12-31 | $0 | $0 |
| 2023-12-31 | $5.1 million | $2.6 million |
| 2024-12-31 | −$531.3 million | $142.1 million |
| 2025-12-31 | $0 | $0 |
Deal filings since 2016
- 2025-12-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-12-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-05-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-12-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-08-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-04-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-12-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-07-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-06-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-12-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-09-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-06-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-05-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-12-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-10-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-09-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-01-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-09-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-05-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-05-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-01-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-09-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-06-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-05-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-02-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-09-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-07-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-12-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-12-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-06-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-12-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-06-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
What are Wintrust Financial's subsidiaries?
Subsidiaries it lists
| Subsidiary | Jurisdiction |
|---|---|
| Barrington Bank & Trust Company, N.A. | United States |
| Beverly Bank & Trust Company, N.A. | United States |
| Crystal Lake Bank & Trust Company, N.A. | United States |
| Chicago Deferred Exchange Company, LLC | Delaware |
| Elektra Holding Company, LLC | Delaware |
| First Insurance Funding of Canada, Inc. | Canada |
| FIFC Edge International Corporation | United States |
| Great Lakes Advisors, LLC | Delaware |
| Hinsdale Bank & Trust Company, N.A. | United States |
| Hyde Park Facilities, Inc. | Illinois |
| Lake Forest Bank & Trust Company, N.A. | United States |
| Libertyville Bank & Trust Company, N.A. | United States |
| Macatawa Bank, N.A. | United States |
| Northbrook Bank & Trust Company, N.A. | United States |
| Old Plank Trail Community Bank, N.A. | United States |
| Schaumburg Bank & Trust Company, N.A. | United States |
| St. Charles Bank & Trust Company, N.A. | United States |
| State Bank of the Lakes, N.A. | United States |
| Town Bank, N.A. | United States |
| TRICOM, Inc. of Milwaukee | Wisconsin |
| Village Bank & Trust, N.A. | United States |
| WHAMCO Holding Company | Illinois |
| Wheaton Bank and Trust Company, N.A. | United States |
| Wintrust Asset Finance Inc. | Delaware |
| Wintrust Bank, N.A. | United States |
| Wintrust Investments, L.L.C. | Delaware |
| Wintrust NMTC Investment I, LLC | Illinois |
| Wintrust NMTC Investment Fund-MBL, LLC | Illinois |
| Wintrust NMTC Investment 2, LLC | Illinois |
| Wintrust NMTC Investment Fund-WHA SoulCity, LLC | Illinois |
| Wintrust Private Trust Company, N.A. | United States |
| Community Financial Shares Statutory Trust II | Delaware |
| First Northwest Capital Trust I | Delaware |
| Northview Capital Trust I | Delaware |
| Suburban Illinois Capital Trust II | Delaware |
| Town Bankshares Capital Trust I | Delaware |
| Wintrust Capital Trust III | Delaware |
| Wintrust Statutory Trust IV | Connecticut |
| Wintrust Statutory Trust V | Connecticut |
| Wintrust Capital Trust VII | Delaware |
| Wintrust Capital Trust VIII | Delaware |
| Wintrust Capital Trust IX | Delaware |
From Exhibit 21 of the 10-K for 2025. Companies must list their significant subsidiaries there and may leave out smaller ones, so this is the company’s own list, not every entity it owns.
Layoffs, acquisitions, competitors and subsidiaries are read from Wintrust Financial’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023), as of 2026-02-26.
The full data sheet · Data Plan
Everything behind these findings, ready for your board deck.
- Market reaction to disclosed decisions: 42 decision filings since 2016, each linked to the SEC, with the share return against its sector and the US market the next day and the next year (10 with market data).
- Peer comparison: against 505 companies of its size in its sector.
- Financial results: ten years of revenue, operating and net income, and every annual report, linked.
- Methods and sources, so each number can be checked and cited.
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