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Wintrust Financial WTFC Mortgage Servicing Rights MSR Impairment Recovery

Mortgage Servicing Rights MSR Impairment Recovery at other companies

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Other financials

Income statement

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Revenue$738.6M+10.1%
Net income$233.7M+19.5%
EPS (diluted)$3.30+18.7%

Balance sheet

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Cash & equivalents$595.9M-14.3%
Total debt$3.4B+845%
Total equity$7.5B+4.1%
Total assets$74.7B+8.2%

Cash flow

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Operating cash flow$255.1M-22.5%
CapEx$12.5M-36.2%
Free cash flow$215.1M-54.4%

Valuation

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Market cap$10.89B+30.1%
P/E12.1×+0.8×
P/S3.9×+1.1×

Profitability

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Net margin26.6%-2.0pp
FCF margin23.1%-19.1pp

Returns & leverage

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Return on equity12.2%+0.6pp
Debt / equity0.5×+0.4×

Where this comes from

Reported directly by Wintrust Financial in its filing.

Tagged under the XBRL concept us-gaap:MortgageServicingRightsMSRImpairmentRecovery.

The source filing: Wintrust Financial’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:47 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001015328-26-000022
(In thousands)Six Months Ended / June 30,2026Six Months Ended / June 30,2025
Stock-based compensation expense22,98820,575
Accretion of discount on securities, net(17,596)(1,787)
Amortization (accretion) of discount and deferred fees on loans, net4,831(10,341)
Mortgage servicing rights fair value changes(2,039)21,732
Non-designated derivatives fair value changes, net4,03575,299
Originations and purchases of mortgage loans held-for-sale(1,428,962)(1,141,999)
Early buy-out exercises of mortgage loans held-for-sale guaranteed by U.S. government agencies, net of subsequent paydowns or payoffs(44,855)7,244
Proceeds from sales of mortgage loans held-for-sale1,395,9391,149,356

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Wintrust Financial's mortgage servicing rights MSR impairment recovery?
Wintrust Financial (WTFC) reported mortgage servicing rights MSR impairment recovery of -$2.25M in Q2 2026.
How has Wintrust Financial's mortgage servicing rights MSR impairment recovery changed year-over-year?
Wintrust Financial's mortgage servicing rights MSR impairment recovery decreased by 123.4% year-over-year, from $9.58M to -$2.25M.
What is the long-term trend for Wintrust Financial's mortgage servicing rights MSR impairment recovery?
Over 2 years (2021 to 2025), Wintrust Financial's mortgage servicing rights MSR impairment recovery has grown at a 45.1% compound annual growth rate (CAGR), from $16.52M to $34.75M.
What does mortgage servicing rights MSR impairment recovery mean?
Mortgage Servicing Rights (MSR) represent the right to service mortgage loans for a fee. Impairment or recovery occurs when the fair value of these rights changes due to shifts in interest rates or prepayment expectations. This metric captures the non-cash valuation adjustments that impact the bank's earnings from its mortgage servicing business.

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