Wintrust Financial Corporation (WTFC) CEO Edward Wehmer on Q2 2020 Results - Earnings Call Transcript

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Q2: 2020-07-21 Earnings Summary

EPS of $0.51 misses by $0.20
 | Revenue of $426.24M (16.47% Y/Y) beats by $66.26M

Wintrust Financial Corporation (NASDAQ:WTFC) Q2 2020 Earnings Conference Call July 22, 2020 12:00 PM ET

Company Participants

Edward Wehmer - President and CEO
David Dykstra - Senior EVP and COO
Richard Murphy - EVP and CCO
Tim Crane - President of Wintrust

Conference Call Participants

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

Operator

Welcome to WinTrust Financial Corporation's Second Quarter and Year-to-Date 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 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 the actual results to differ materially from the information discussed during this 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 very much, and welcome to our second quarter earnings call. With me, as always, are David Dykstra, Vice Chairman and Chief Operating Officer; David Stoehr, our CFO; Kate Boege, our General Counsel; Tim Crane, President of Wintrust; and Rich Murphy, Vice Chairman and Chief Lending Officer.

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