Exhibit 99.1
Wintrust Financial Corporation
9700 W. Higgins Road, Suite 800, Rosemont, Illinois 60018
News Release
 
 
 
 
FOR IMMEDIATE RELEASE
  
January 15, 2015
FOR MORE INFORMATION CONTACT:
Edward J. Wehmer, President & Chief Executive Officer
David A. Dykstra, Senior Executive Vice President & Chief Operating Officer
(847) 939-9000
Web site address: www.wintrust.com

Wintrust Financial Corporation Reports Fourth Quarter 2014 Net Income of $38.1 Million, an Increase of 8%, and Record Full Year 2014 Net Income of $151.4 Million, an Increase of 10%
ROSEMONT, ILLINOIS – Wintrust Financial Corporation (“Wintrust” or “the Company”) (Nasdaq: WTFC) announced net income of $38.1 million or $0.75 per diluted common share for the fourth quarter of 2014 compared to net income of $40.2 million or $0.79 per diluted common share for the third quarter of 2014 and $35.3 million or $0.70 per diluted common share for the fourth quarter of 2013. The Company recorded record net income of $151.4 million or $2.98 per diluted common share in 2014 compared to net income of $137.2 million or $2.75 per diluted common share in 2013.
Highlights compared with the Third Quarter of 2014*:    

Total loans, excluding covered loans and mortgage loans held-for-sale, increased by $357 million, or 10% on annualized basis, to $14.4 billion
Total assets increased by 17% on an annualized basis to $20 billion
Total deposits increased by $217 million, or 5% on an annualized basis, to $16.3 billion
Net interest income increased by $2.0 million to $153.7 million, while net interest margin, on a fully-taxable equivalent basis was unchanged at 3.46%
Wealth management revenue increased by $1.0 million to $18.6 million
Recorded various nonrecurring pre-tax charges including:
$1.3 million of costs incurred upon entering into a sublease agreement on an existing property
$615,000 loss related to a bank branch sale as a result of consolidating two branches
Non-performing loans as a percent of total loans, excluding covered loans, decreased to 0.55% from 0.58% and the allowance for loan losses as a percentage of total non-performing loans increased to 117% from 112%
Capital ratios remain strong with a tangible common equity ratio, assuming full conversion of preferred stock, of 8.4%
Completed a secured borrowing transaction of C$150 million at Canadian premium finance subsidiary
Expanded and restructured the existing $100 million credit facility into a $150 million facility including a $75 million revolving credit facility and a $75 million term credit facility.

* See "Supplemental Financial Measures/Ratios" on page 14/15 for more information on non-GAAP measures.

Edward J. Wehmer, President and Chief Executive Officer, commented, “Wintrust reported record annual net income in 2014. The Company grew significantly in 2014 as total assets increased by 11% during the year, eclipsing $20 billion. Growth in 2014 primarily resulted from leveraging our consistently strong loan pipeline to grow internally. The fourth quarter of 2014 was highlighted by continued loan and deposit growth, improvement in credit quality metrics, relatively stable net interest margin and increased wealth management revenues."
Mr. Wehmer continued, “The Company grew total loans, excluding covered loans and mortgage loans held-for-sale, by $357 million in the fourth quarter, primarily from growth in our commercial and life insurance premium finance portfolios. Strong loan growth near the end of the quarter contributed to a larger increase in period-end balances in the fourth quarter of 2014 when compared to the change in average loan balances. Deposits increased by $217 million largely due to growth in non-interest bearing accounts which now comprise 22% of the Company's total deposits."


1

The following information was filed by Wintrust Financial Corp (WTFC) on Thursday, January 15, 2015 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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