Wintrust Financial Corporation (WTFC) CEO Edward Wehmer on Q1 2020 Results - Earnings Call Transcript

Wintrust Financial Corporation (NASDAQ:WTFC) Q1 2020 Earnings Conference Call April 22, 2020 11:00 AM ET

Company Participants

Edward Wehmer - President and CEO
David Dykstra - Senior EVP and COO
Richard Murphy - EVP and CCO

Conference Call Participants

Jon Arfstrom - RBC Capital Markets
David Long - Raymond James
Terry McEvoy - Stevens
Michael Young - SunTrust Robinson Humphrey
Chris McGratty - KBW
Brock Vandervliet - UBS
Nathan Race - Piper Sandler
David Chiaverini - Wedbush Securities

Operator

Welcome to Wintrust Financial Corporation's First Quarter 2020 Earnings Conference Call.

Following a review of the results by Edward Wehmer, Founder and Chief Executive Officer and David Dykstra, Vice Chairman and Chief Operating Officer, there will be a formal question-and-answer session.

During the course of today's call, Wintrust's management may make statements that constitute projections, expectations, beliefs or similar forward-looking statements. Actual results could differ materially from the results anticipated or projected in any such forward-looking statements.

The company's forward-looking assumptions that could cause actual results to differ materially from the information discussed during the call are detailed in our earnings press release and in the company's most recent Form 10-K and any subsequent filings on file with the SEC.

Also, our remarks may reference certain non-GAAP financial measures. Our earnings press release and slide presentation include a reconciliation of each non-GAAP financial measure to the nearest comparable GAAP financial measure. As a reminder, this conference call is being recorded.

I would now like to turn the conference call over to Mr. Edward Wehmer.

Edward Wehmer

Thank you. Welcome everybody to our first quarter earnings call. Hope you are all isolated and well. With me obviously are Dave Dykstra; Tim Crane, our Wintrust President; Rich Murphy, Vice Chair and Senior Lending Officer; Kate Boege, our General Counsel; and Dave Stoehr, our Chief Financial Officer. Kate Boege is very worried because we're all at