Wintrust Financial (FRA:WF2) Credit Losses Provision : €104 Mil (As of Mar. 2024)

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What is Wintrust Financial Credit Losses Provision?

Wintrust Financial's credit losses provision for the three months ended in Mar. 2024 was €20 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2024 was €104 Mil.

Wintrust Financial's quarterly credit losses provision increased from Sep. 2023 (€19 Mil) to Dec. 2023 (€39 Mil) but then declined from Dec. 2023 (€39 Mil) to Mar. 2024 (€20 Mil).

Wintrust Financial's annual credit losses provision increased from Dec. 2021 (€-52 Mil) to Dec. 2022 (€74 Mil) and increased from Dec. 2022 (€74 Mil) to Dec. 2023 (€105 Mil).

Wintrust Financial Credit Losses Provision Historical Data

The historical data trend for Wintrust Financial's Credit Losses Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Wintrust Financial Credit Losses Provision Chart

Wintrust Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Credit Losses Provision

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48.48

176.09

-52.45

74.19

104.90

Wintrust Financial Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Credit Losses Provision	Get a 7-Day Free Trial															21.52	26.32	18.67	39.35	19.94

Wintrust Financial Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €104 Mil.

Wintrust Financial (FRA:WF2) Business Description

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Address

9700 West Higgins Road, Suite 800, Rosemont, IL, USA, 60018

Website

https://www.wintrust.com

Wintrust Financial Corp is a financial holding company operating in the Chicago metropolitan area and southern Wisconsin through its wholly-owned banking subsidiaries. Wintrust conducts its business through three segments: community banking, specialty finance, and wealth management. Among other services, the company provides community-oriented, personal, and commercial banking, as well as the origination and purchase of residential mortgages for sale into the secondary market. A majority of its banks are banks chartered by the state of Illinois with scores of locations. The company has historically grown through both de novo organization and acquisitions. A majority of its loan portfolio is commercial, mostly in real estate. A majority of Wintrust's net revenue is net interest income.

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