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The maker of aluminum cans and aerosol containers said global beverage can volumes increased 5%.

MEBANE, N.C., July 20, 2026 (GLOBE NEWSWIRE) -- LGI Homes proudly announces the grand opening of a new section at The Meadows, an established single-family home community located in Mebane. This exciting expansion offers homebuyers an incredible opportunity to own a thoughtfully designed home featuring modern upgrades, spacious layouts and exceptional value in one of Alamance County's most desirable locations.

The Meadows delivers a lifestyle centered on comfort, convenience and recreation. Ideally situated in Mebane between Burlington and Durham, residents enjoy a welcoming community featuring a resort-style swimming pool, lush green spaces and family-friendly surroundings. Outdoor enthusiasts will appreciate the proximity to the Haw River, where hiking, kayaking and year-round outdoor recreation await. Residents can also enjoy nearby golf courses, local breweries and wineries, along with a variety of shopping, dining and entertainment options throughout the area.

Conveniently located off US-70 and just minutes from I-40, The Meadows offers easy access to major employment centers and everyday conveniences. Residents can enjoy shopping at Tanger Outlets, explore the vibrant downtown districts of Burlington and Durham, and take advantage of nearby schools, restaurants and entertainment venues.

"The new section at The Meadows gives homebuyers another opportunity to enjoy modern living in one of North Carolina's fastest-growing regions," stated Vice President of Operations Paul DiConsiglio. "With thoughtfully designed homes, included upgrades, outstanding community amenities and a simplified path to homeownership, this community continues to provide exceptional value for families looking to achieve the dream of homeownership."

The new section features a collection of spacious three-, four- and five-bedroom single-family homes, each complete with attached two-car garages and floor plans designed to fit a variety of lifestyles. Every home includes LGI Homes' CompleteHome Plus™ package, offering a full suite of upgrades at no additional cost. These enhancements include granite countertops, a tile backsplash, stainless steel Whirlpool® kitchen appliances, designer cabinetry, luxury vinyl plank flooring, Wi-Fi-enabled garage door openers, programmable Honeywell thermostats, energy-efficient features and professionally designed exterior details.

Six thoughtfully designed floor plans are available at The Meadows:

Burton – 3 beds, 2 baths, 2-car garage, 1,853 sq. ft.

Johnson – 3 beds, 2 baths, 2-car garage, 2,094 sq. ft.

Palmer – 4 beds, 2.5 baths, 2-car garage, 1,890 sq. ft.

Rolen – 4 beds, 2.5 baths, 2-car garage, 2,294 sq. ft.

Craven – 4 beds, 2.5 baths, 2-car garage, 2,397 sq. ft.

Paisley – 4 beds, 3 baths, 2-car garage, 2,500 sq. ft.

With its upgraded interiors, outstanding community amenities, convenient location and welcoming atmosphere, the new section at The Meadows continues to build on the community's reputation as one of the premier places to own a new home in the Mebane area.

A grand opening event with exclusive home savings available will be held on July 25th. Interested buyers are encouraged to call 844-997-3223 ext 263 or visit LGIHomes.com/TheMeadows for more information and to schedule a tour.

About LGI Homes

Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 36 markets in 21 states. LGI Homes has closed over 80,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek’s list of the World’s Most Trustworthy Companies. LGI Homes’ commitment to excellence extends to its more than 1,000 employees, earning the Company numerous workplace awards at the local, state, and national level, including the Top Workplaces USA 2025 Award. For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company’s website at www.lgihomes.com.

MEDIA CONTACT:

Rachel Eaton

(281) 362-8998 ext. 2560

A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/898da786-8de6-4be8-8f79-2dd608644873

The Burton by LGI Homes at The Meadows The three-bedroom, two-bath Burton features an open-concept layout with spacious living areas and de...

Ulta Beauty (ULTA +1.76%) and Sally Beauty (SBH +0.07%) have struggled with macroeconomic headwinds over the past few years. These retailers haven’t been able to find meaningful revenue traction. The one that begins to grow faster as we come out of this downturn may be the cosmetics stock offering the biggest upside over the coming years. Here’s a look at where these businesses stand in 2026 and what to expect in the near term.

Ulta Beauty: Navigating Seasonal Fluctuations in RevenueUlta Beauty is a prominent beauty retailer across the United States, offering an assortment of cosmetics, perfumes, skincare products, and comprehensive salon services.

It launched agentic shopping features using artificial intelligence in April 2026, and reported approximately 11% net income margin for the quarter ended May 2, 2026.

Sally Beauty: Maintaining Consistent Revenue LevelsSally Beauty operates as a specialized distributor of professional beauty items, providing hair coloring agents, skincare, and styling appliances to individual consumers and salon professionals.

It appointed Adrianne Lee as Chief Financial Officer in April 2026, while generating about 5% net income margin for the quarter ended March 31, 2026.

Why Revenue Matters for Retail InvestorsRevenue is the most fundamental measure of a company’s performance. Changes over time can reveal how effective a business is at reaching new customers, gaining market share in its industry, and expanding into new markets.

Quarterly Revenue for Ulta Beauty and Sally BeautyQuarter (Period End)Ulta Beauty RevenueSally Beauty RevenueQ3 2024$2.6 billion (period ended Aug. 2024)$935.0 million (period ended Sept. 2024)Q4 2024$2.5 billion (period ended Nov. 2024)$937.9 million (period ended Dec. 2024)Q1 2025$3.5 billion (period ended Jan. 2025)$883.1 million (period ended March 2025)Q2 2025$2.8 billion (period ended May 2025)$933.3 million (period ended June 2025)Q3 2025$2.8 billion (period ended Aug. 2025)$947.1 million (period ended Sept. 2025)Q4 2025$2.9 billion (period ended Nov. 2025)$943.2 million (period ended Dec. 2025)Q1 2026$3.9 billion (period ended Jan. 2026)$903.4 million (period ended March 2026)Q2 2026$3.2 billion (period ended May 2026)Not yet reportedData source: Company filings. Data as of July 16, 2026.

Foolish TakeUlta Beauty is the larger business, generating over four times as much revenue. It is also growing faster amid challenging consumer spending conditions.

Sally Beauty expects full-year comparable store sales to be flat or up 1%, while Ulta Beauty anticipates full-year comp sales to grow between 2.5% and 3.5%.

Ulta Beauty’s greater revenue size has also allowed the business to be further along in scaling expenses to turn a higher profit. Its profit margin is more than double Sally’s. Ulta’s recent margin increase last quarter reflects internal efforts to increase inventory turnover and operating efficiency.

Investors will want to watch management’s guidance for both companies to see if there are any revisions based on changing demand trends in the second half of the year. Unless Sally sees improved growth at some point, Ulta Beauty may runaway as the leader in this market. Ulta’s stock has outperformed Sally’s marginally over the last three years, and that momentum may continue unless something changes.

Toronto, Ontario--(Newsfile Corp. - July 20, 2026) - Pool Safe Inc. (TSXV: POOL) ("Pool Safe" or the "Company") announces that Mr. David Berger has resigned as CEO and from the Company's Board of Directors, effective July 17, 2026. Mr. David Deacon has been appointed by the Board as Interim CEO.

Mr. David Deacon, Executive Chairman and now interim CEO, stated, "My fellow Board members and I would like to thank David for his contributions and dedication to the Company over the past decade. He is the founder of Pool Safe and there is no doubt the Company would not be where it is today without him. We are pleased that David has agreed to continue to work with the Company in a consulting role during the transition. His experience and industry relationships will be helpful as the Company continues to support its existing customer relationships and pursue the next stage of Pool Safe's development. We wish David the very best, both in terms of the transition with us at Pool Safe and his own future."

About Pool Safe Inc.

Pool Safe Inc. designs, develops and distributes a product known as LounGenie, which functions as a multipurpose personal poolside attendant. LounGenie by Pool Safe Inc. is designed to provide safety, convenience, and peace of mind for hotels, resorts, waterparks, and cruise ship guests. Conveniently located alongside pool or beach lounge chairs, the LounGenie is a unique way of providing vacationers with a comforting sense of security for their belongings, while offering the vendor opportunities to increase F&B sales, expedite customer service and drive revenue. For more information, please visit loungenie.com or poolsafeinc.com.

For further information:
Pool Safe Inc.
Steven Glaser, COO, CFO and Director
T: 416-630-2444
E: [email protected]

Forward-Looking Statements

This news release contains forward-looking information within the meaning of applicable Canadian securities laws, including statements regarding the transition of the CEO role, Mr. Berger's consulting role during the transition, the expected benefits of Mr. Berger's consulting assistance, the Company's support of existing customer relationships and the next stage of the Company's development. Forward-looking information is based on assumptions and is subject to risks and uncertainties, including that the transition may not proceed as planned, that Mr. Berger's consulting assistance may be less extensive or effective than anticipated, that existing customer relationships may not be maintained or renewed as expected, and general economic, market and business conditions. Readers are cautioned not to place undue reliance on forward-looking information, which is made as of the date of this news release. Except as required by applicable securities laws, the Company undertakes no obligation to update or revise any forward-looking information.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/305869

Source: Pool Safe Inc.

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July 20, 2026 16:05 ET  | Source: CarGurus, Inc.

BOSTON, July 20, 2026 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited automotive shopping site in the U.S.1, announced it will issue a press release reporting financial results for the quarter ended June 30, 2026, after the close of the market on August 6, 2026.

CarGurus will host a conference call and live webcast to discuss those financial results for investors and analysts at 5:00 p.m. Eastern Time on August 6, 2026. To access the conference call, dial (877) 451-6152 for the U.S. or Canada, or (201) 389-0879 for international callers. The webcast will be available live on the Investors section of the company’s website at investors.cargurus.com.

An audio replay of the call will also be available to investors beginning at approximately 8:00 p.m. Eastern Time on August 6, 2026, until 11:59 p.m. Eastern Time on August 20, 2026, by dialing (844) 512-2921 for the U.S. or Canada, or (412) 317-6671 for international callers, and entering passcode 13759727. In addition, an archived webcast will be available on the Investors section of the company’s website at investors.cargurus.com.

About CarGurus, Inc.

CarGurus (Nasdaq: CARG) is the leading multinational automotive platform helping consumers and dealers confidently buy and sell vehicles. Founded in 2006 with a mission to bring more trust and transparency to car shopping, CarGurus is the No. 1 visited automotive shopping site in the U.S.1 with the largest selection of inventory and network of dealers.2 CarGurus’ unmatched selection, trusted automotive insights, and data-driven products and solutions support each shopper’s journey — from online research and shopping to in-dealership decisions — to empower them at every step. And, by translating data from billions of monthly site interactions, CarGurus provides dealers a personalized, predictive intelligence platform with software solutions that helps them run their businesses more efficiently and profitably at all stages of inventory acquisition and pricing, marketing, and conversion to sale.

CarGurus operates online marketplaces in the U.S., U.K., and Canada. The company’s network of brands includes PistonHeads, the largest online motoring community in the U.K.3, and Autolist, a U.S.- based online marketplace.

To learn more about CarGurus, visit www.cargurus.com.

CarGurus® and Autolist® are each a registered trademark of CarGurus, Inc. and PistonHeads® is a registered trademark of CarGurus Ireland Limited in the U.K. and the European Union.

1 Similarweb: Traffic and Engagement Report (Cars.com, Autotrader.com, TrueCar.com, CARFAX.com Listings (defined as CARFAX Total visits minus Vehicle History Reports traffic)), Q1 2026, U.S.
2 Compared to Autotrader.com, Cars.com, TrueCar.com, and CARFAX.com (Joreca as of March 31, 2026).
3 Similarweb: Traffic and Engagement Report, Q1 2026, U.K.

Investor Contact:
Kirndeep Singh
Vice President, Head of Investor Relations
[email protected]

Media Contact:
Maggie Meluzio
Director, Public Relations & External Communications
[email protected]

ROSEMONT, Ill., July 20, 2026 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation (“Wintrust”, “the Company”, “we” or “our”) (Nasdaq: WTFC) announced record net income of $461.1 million, or $6.52 per diluted common share, for the first six months of 2026 compared to net income of $384.6 million, or $5.47 per diluted common share, for the same period of 2025. This represents a year-to-date net income increase of 20% compared to the same period of 2025. Pre-tax, pre-provision income (non-GAAP) for the first six months of the year totaled a record $671.6 million, compared to $566.3 million for the first six months of 2025.

The Company reported record quarterly net income of $233.7 million, or $3.30 per diluted common share, for the second quarter of 2026, compared to net income of $227.4 million, or $3.22 per diluted common share, for the first quarter of 2026. Pre-tax, pre-provision income (non-GAAP) for the second quarter of 2026 totaled a record $341.1 million, as compared to $330.5 million for the first quarter of 2026.

Timothy S. Crane, President and Chief Executive Officer, commented, “We are pleased to deliver record results for the first six months of the year. Second quarter 2026 represents the sixth consecutive quarter of record net income for the Company. Strong diversified loan growth funded by robust organic deposit growth highlights the underlying strength of our business model. We continue to leverage our customer relationships and unique market positioning to grow the balance sheet and create long term franchise value.”

Additionally, Mr. Crane noted, “Net interest margin in the second quarter remained within our expected range at 3.52% and we generated record net interest income attributable to strong average earning asset growth. Building on our momentum, we believe consistent balance sheet growth, coupled with a stable net interest margin, should result in net interest income expansion in future quarters.”

Highlights of the second quarter of 2026:
Comparative information to the first quarter of 2026, unless otherwise noted

Total loans increased by $1.6 billion, or 12% annualized.Total deposits increased by $2.2 billion, or 15% annualized.Total assets increased by $2.5 billion, or 14% annualized.Net interest income increased to $597.4 million in the second quarter of 2026, compared to $579.0 million in the first quarter of 2026, driven by robust average earning asset growth. Net interest margin decreased to 3.50% (3.52% on a fully taxable-equivalent basis, non-GAAP) during the second quarter of 2026 primarily due to lower loan yields. Non-interest expense was impacted by the following: A $5.2 million reversal of an FDIC special assessment accrued in the first quarter of 2024. The special assessments were in response to certain bank failures in 2023 and the reversal is based on the FDIC's final determination of losses to its Deposit Insurance Fund. Provision for credit losses totaled $23.1 million in the second quarter of 2026, compared to a provision for credit losses of $29.6 million in the first quarter of 2026.Net charge-offs totaled $13.4 million, or 10 basis points of average total loans on an annualized basis, in the second quarter of 2026 down from $18.4 million, or 14 basis points of average total loans on an annualized basis, in the first quarter of 2026.Non-performing loans totaled $179.3 million and comprised 0.32% of total loans at June 30, 2026, as compared to $182.7 million and 0.34% of total loans at March 31, 2026. “Looking ahead, our pipelines remain strong and we believe we are well-positioned to generate consistent balance sheet growth while maintaining our disciplined underwriting standards. We remain committed to growing net interest income and exercising prudent expense management, which position us to deliver positive operating leverage for 2026”, Mr. Crane said.

The graphs shown on pages 3-7 illustrate certain financial highlights of the second quarter of 2026 as well as historical financial performance. See “Supplemental Non-GAAP Financial Measures/Ratios” at Table 18 for additional information with respect to non-GAAP financial measures/ratios, including the reconciliations to the corresponding GAAP financial measures/ratios.

Graphs available at the following link: http://ml.globenewswire.com/Resource/Download/da851221-c088-4baf-a1ec-e1a8c39faf8c

SUMMARY OF RESULTS:

BALANCE SHEET

Total assets increased $2.5 billion in the second quarter of 2026 compared to the first quarter of 2026, driven by a $1.6 billion increase in total loans. The strong loan growth was diversified across all major loan categories, including seasonally higher growth in our Premium Finance Receivables - Property and Casualty portfolio.

Total liabilities increased by $2.4 billion in the second quarter of 2026 compared to the first quarter of 2026, driven by a $2.2 billion increase in total deposits. Robust organic deposit growth in the second quarter of 2026 was driven by our diverse customer base and product offerings. Non-interest bearing deposit balances represented 19% of total deposits and average non-interest bearing deposit balances have remained stable in recent quarters. The Company's loans-to-deposits ratio ended the quarter at 91.0%.

For more information regarding changes in the Company’s balance sheet, see Consolidated Statements of Condition and Table 1 through Table 3 in this report.

NET INTEREST INCOME

For the second quarter of 2026, net interest income totaled $597.4 million, compared to $579.0 million in the first quarter of 2026. The increase in net interest income in the second quarter of 2026 was driven by robust average earning asset growth of $2.1 billion.

Net interest margin was 3.50% (3.52% on a fully taxable-equivalent basis, non-GAAP) during the second quarter of 2026, down four basis points compared to the first quarter of 2026. The yield on earning assets declined four basis points during the second quarter of 2026 primarily due to a seven basis point decrease in loan yields. Funding cost on interest-bearing deposits remained unchanged compared to the first quarter of 2026. The net free funds contribution in the second quarter of 2026 was flat compared to the first quarter of 2026.

For more information regarding net interest income, see Table 4 through Table 8 in this report.

ASSET QUALITY

The allowance for credit losses totaled $481.2 million as of June 30, 2026, an increase from $471.6 million as of March 31, 2026. A provision for credit losses totaling $23.1 million was recorded for the second quarter of 2026 compared to $29.6 million recorded in the first quarter of 2026. The provision for credit losses recognized in the second quarter of 2026 reflects stable credit quality and a mostly stable macroeconomic forecast. However, given future economic performance remains uncertain, allowance results capture uncertainty related to credit spreads, equity market valuations, consumer & business sentiment, and the job market. For more information regarding the allowance for credit losses and provision for credit losses, see Table 11 in this report.

Management believes the allowance for credit losses is appropriate to account for expected credit losses. The Company is required to estimate expected credit losses over the life of the Company’s financial assets as of the reporting date. There can be no assurances, however, that future losses will not significantly exceed the amounts provided for, thereby affecting future results of operations. A summary of the allowance for credit losses calculated for the loan components in each portfolio as of June 30, 2026, March 31, 2026, and December 31, 2025 is shown on Table 12 of this report.

Net charge-offs totaled $13.4 million in the second quarter of 2026, a decrease of $5.0 million compared to $18.4 million of net charge-offs in the first quarter of 2026. Net charge-offs as a percentage of average total loans were 10 basis points in the second quarter of 2026 on an annualized basis compared to 14 basis points on an annualized basis in the first quarter of 2026. For more information regarding net charge-offs, see Table 10 in this report.

The Company’s loan portfolio delinquency rates remain low. For more information regarding past due loans, see Table 13 in this report.

Non-performing assets and non-performing loans were stable compared to prior quarter. Non-performing assets totaled $195.2 million and comprised 0.26% of total assets as of June 30, 2026, as compared to $200.2 million, or 0.28% of total assets, as of March 31, 2026. Non-performing loans totaled $179.3 million and comprised 0.32% of total loans at June 30, 2026, as compared to $182.7 million and 0.34% of total loans at March 31, 2026. For more information regarding non-performing assets, see Table 14 in this report.

NON-INTEREST INCOME

Non-interest income totaled $141.3 million in the second quarter of 2026, compared to $134.1 million in the first quarter of 2026.

Wealth management revenue decreased by approximately $2.2 million in the second quarter of 2026, compared to the first quarter of 2026. The decrease in the second quarter of 2026 was primarily driven by performance based revenues on certain customer relationships which positively impacted results in the first quarter of 2026. Wealth management revenue is comprised of the trust and asset management revenue of Wintrust Private Trust Company and Great Lakes Advisors, the brokerage commissions, managed money fees and insurance product commissions at Wintrust Investments and fees from tax-deferred like-kind exchange services provided by the Chicago Deferred Exchange Company.

Mortgage banking revenue totaled $27.4 million in the second quarter of 2026, compared to $23.4 million in the first quarter of 2026. The increase in the second quarter of 2026 was primarily attributed to higher operational revenue. For more information regarding mortgage banking revenue, see Table 16 in this report.

The Company recognized approximately $1.8 million in net gains on investment securities in the second quarter of 2026 compared to approximately $31,000 in net losses in the first quarter of 2026. The net gains in the second quarter of 2026 were primarily the result of fair value adjustments on the Company’s equity investment securities with a readily determinable fair value.

For more information regarding non-interest income, see Table 15 in this report.

NON-INTEREST EXPENSE

Non-interest expense totaled $397.5 million in the second quarter of 2026, increasing $14.9 million, compared to $382.6 million in the first quarter of 2026. Non-interest expense, as a percent of average assets, remained stable at 2.21% in the second quarter of 2026.

Salaries and employee benefits expense increased by approximately $5.6 million in the second quarter of 2026, compared to the first quarter of 2026. This was primarily driven by higher commissions and incentives expense attributable to an increase in mortgage originations and a full quarter impact of the annual merit increases reflected in base salaries.

Advertising and marketing expense in the second quarter of 2026 totaled $20.4 million, which was a $7.2 million increase as compared to the first quarter of 2026. The increase in the second quarter was primarily driven by summer sports sponsorships and other community sponsorship events. Marketing costs are incurred to promote the Company’s brand, commercial banking capabilities and the Company’s various products, to attract loans and deposits and to announce new branch openings as well as the expansion of the Company’s non-bank businesses. The level of marketing expenditures depends on the timing of sponsorship programs utilized which are determined based on the market area, targeted audience, competition and various other factors. Generally, these expenses are elevated in the second and third quarters of each year.

FDIC insurance totaled $6.6 million in the second quarter of 2026, a $4.4 million decrease from the first quarter of 2026. This was primarily the result of a reversal of the $5.2 million FDIC special assessment recorded in the first quarter of 2024. The special assessments were in response to certain bank failures in 2023 and the reversal is based on the FDIC's final determination of losses to its Deposit Insurance Fund.

For more information regarding non-interest expense, see Table 17 in this report.

INCOME TAXES

The Company recorded income tax expense of $84.3 million in the second quarter of 2026 compared to $73.6 million in the first quarter of 2026. The effective tax rates were 26.5% in the second quarter of 2026 compared to 24.4% in the first quarter of 2026. The effective tax rates were impacted by the tax effects related to share-based compensation which fluctuate based on the Company’s stock price and timing of employee stock option exercises and vesting of other share-based awards. The Company recorded net excess tax benefits of $140,000 in the second quarter of 2026, compared to net excess tax benefits of $6.6 million in the first quarter of 2026 related to share-based compensation.

BUSINESS SUMMARY

Community Banking

Through community banking, the Company provides banking and financial services primarily to individuals, small to mid-sized businesses, local governmental units and institutional clients residing primarily in the local areas the Company services. In the second quarter of 2026, community banking increased its commercial, commercial real estate and residential real estate loan portfolios.

Mortgage banking revenue was $27.4 million for the second quarter of 2026, an increase of $4.0 million compared to the first quarter of 2026. See Table 16 for more detail. Service charges on deposit accounts totaled $21.2 million in the second quarter of 2026 as compared to $21.0 million in the first quarter of 2026. The Company’s gross commercial and commercial real estate loan pipelines remained solid as of June 30, 2026 indicating momentum for expected continued loan growth in the third quarter of 2026.

Specialty Finance

Through specialty finance, the Company offers financing of insurance premiums for businesses and individuals, equipment financing through structured loans and lease products to customers in a variety of industries, accounts receivable financing and value-added, out-sourced administrative services and other services. Originations within the insurance premium financing receivables portfolios were approximately $5.8 billion during the second quarter of 2026. Average balances increased by $361.6 million, as compared to the first quarter of 2026. The Company’s leasing divisions’ portfolio balances increased in the second quarter of 2026, with capital leases, loans, and equipment on operating leases of $3.1 billion, $1.2 billion, and $363.7 million as of June 30, 2026, respectively, compared to $3.0 billion, $1.2 billion, and $362.8 million as of March 31, 2026, respectively. Revenues from the Company’s out-sourced administrative services business were $1.3 million in the second quarter of 2026, which was relatively stable compared to the first quarter of 2026.

Wealth Management

Through wealth management, the Company offers a full range of wealth management services, including trust and investment services, tax-deferred like-kind exchange services, asset management, and securities brokerage services. Wealth management revenue totaled $39.9 million in the second quarter of 2026, a decrease as compared to the first quarter of 2026. At June 30, 2026, the Company’s wealth management subsidiaries had approximately $49.7 billion of assets under administration, which excludes assets owned by the Company and its subsidiary banks.

WINTRUST FINANCIAL CORPORATION

Key Operating Measures

Wintrust’s key operating measures and growth rates for the second quarter of 2026, as compared to the first quarter of 2026 (sequential quarter) and second quarter of 2025 (linked quarter), are shown in the table below:

      % or(1)
basis point 
(bp) change
from
1st Quarter
2026% or
basis point 
(bp) change
from
2nd Quarter
2025 Three Months Ended(Dollars in thousands, except per share data)Jun 30, 2026 Mar 31, 2026 Jun 30, 2025Net income$233,693  $227,388  $195,527 3 %20 %Pre-tax income, excluding provision for credit losses (non-GAAP)(2) 341,098   330,534   289,322 3  18  Net income per common share – Diluted 3.30   3.22   2.78 2  19  Cash dividends declared per common share 0.55   0.55   0.50 —  10  Net revenue(3) 738,635   713,166   670,783 4  10  Net interest income 597,366   579,024   546,694 3  9  Net interest margin 3.50%  3.54%  3.52%(4)bps(2)bpsNet interest margin – fully taxable-equivalent (non-GAAP)(2) 3.52   3.56   3.54 (4) (2) Net overhead ratio(4) 1.42   1.44   1.57 (2) (15) Return on average assets 1.30   1.32   1.19 (2) 11  Return on average common equity 12.82   12.76   12.07 6  75  Return on average tangible common equity (non-GAAP)(2) 14.91   14.89   14.44 2  47  At end of period         Total assets$74,668,135  $72,157,433  $68,983,318 14 %8 %Total loans(5) 55,654,947   54,071,292   51,041,679 12  9  Total deposits 61,141,275   58,914,382   55,816,811 15  10  Total shareholders’ equity 7,525,116   7,378,100   7,225,696 8  4   (1) Period-end balance sheet percentage changes are annualized.
(2) See Table 18: Supplemental Non-GAAP Financial Measures/Ratios for additional information on this performance measure/ratio.
(3) Net revenue is net interest income plus non-interest income.
(4) The net overhead ratio is calculated by netting total non-interest expense and total non-interest income, annualizing this amount, and dividing by that period’s average total assets. A lower ratio indicates a higher degree of efficiency.
(5) Excludes mortgage loans held-for-sale.

Certain returns, yields, performance ratios, or quarterly growth rates are “annualized” in this presentation to represent an annual time period. This is done for analytical purposes to better discern, for decision-making purposes, underlying performance trends when compared to full-year or year-over-year amounts. For example, a 5% growth rate for a quarter would represent an annualized 20% growth rate.

WINTRUST FINANCIAL CORPORATION
Selected Financial Highlights

  Three Months EndedSix Months Ended(Dollars in thousands, except per share data) Jun 30,
2026 Mar 31,
2026 Dec 31,
2025 Sep 30,
2025 Jun 30,
2025Jun 30,
2026 Jun 30,
2025Selected Financial Condition Data (at end of period):   Total assets $74,668,135  $72,157,433  $71,142,046  $69,629,638  $68,983,318    Total loans(1)  55,654,947   54,071,292   53,105,101   52,063,482   51,041,679    Total deposits  61,141,275   58,914,382   57,717,191   56,711,381   55,816,811    Total shareholders’ equity  7,525,116   7,378,100   7,258,715   7,045,757   7,225,696    Selected Statements of Income Data:             Net interest income $597,366  $579,024  $583,874  $567,010  $546,694 $1,176,390  $1,073,168 Net revenue(2)  738,635   713,166   714,264   697,837   670,783  1,451,801   1,313,891 Net income  233,693   227,388   223,024   216,254   195,527  461,081   384,566 Pre-tax income, excluding provision for credit losses (non-GAAP)(3)  341,098   330,534   329,811   317,809   289,322  671,632   566,340 Net income per common share – Basic  3.34   3.26   3.21   2.82   2.82  6.60   5.55 Net income per common share – Diluted  3.30   3.22   3.15   2.78   2.78  6.52   5.47 Cash dividends declared per common share  0.55   0.55   0.50   0.50   0.50  1.10   1.00 Selected Financial Ratios and Other Data:             Performance Ratios:             Net interest margin  3.50%  3.54%  3.52%  3.48%  3.52% 3.52%  3.53%Net interest margin – fully taxable-equivalent (non-GAAP)(3)  3.52   3.56   3.54   3.50   3.54  3.54   3.55 Non-interest income to average assets  0.79   0.78   0.74   0.76   0.76  0.78   0.75 Non-interest expense to average assets  2.21   2.21   2.19   2.21   2.32  2.21   2.32 Net overhead ratio(4)  1.42   1.44   1.45   1.45   1.57  1.43   1.57 Return on average assets  1.30   1.32   1.27   1.26   1.19  1.31   1.19 Return on average common equity  12.82   12.76   12.63   11.58   12.07  12.79   12.14 Return on average tangible common equity (non-GAAP)(3)  14.91   14.89   14.83   13.74   14.44  14.90   14.57 Average total assets $72,161,723  $70,089,123  $69,492,268  $68,303,036  $65,840,345 $71,131,148  $64,978,481 Average total shareholders’ equity  7,474,449   7,387,713   7,166,608   6,955,543   6,862,040  7,431,321   6,662,598 Average loans to average deposits ratio  92.6%  93.1%  92.4%  92.5%  93.0% 92.8%  92.7%Period-end loans to deposits ratio  91.0   91.8   92.0   91.8   91.4    Common Share Data at end of period:             Market price per common share $160.72  $138.94  $139.82  $132.44  $123.98    Book value per common share  105.26   103.10   102.03   98.87   95.43    Tangible book value per common share (non-GAAP)(3)  92.13   89.90   88.66   85.39   81.86    Common shares outstanding  67,455,414   67,437,300   66,974,913   66,961,209   66,937,732    Other Data at end of period:             Common equity to assets ratio  9.5%  9.6%  9.6%  9.5%  9.3%   Tangible common equity ratio (non-GAAP)(3)  8.4   8.5   8.5   8.3   8.0    Tier 1 leverage ratio(5)  9.8   9.8   9.6   9.5   10.2    Risk-based capital ratios:             Tier 1 capital ratio(5)  11.1   11.1   11.0   10.9   11.5    Common equity tier 1 capital ratio(5)  10.4   10.4   10.3   10.2   10.0    Total capital ratio(5)  12.4   12.6   12.4   12.4   13.0    Allowance for credit losses(6) $481,189  $471,591  $460,465  $454,586  $457,461    Allowance for loan and unfunded lending-related commitment losses to total loans  0.86%  0.87%  0.87%  0.87%  0.90%   Number of:             Bank subsidiaries  16   16   16   16   16    Banking offices  210   209   209   208   208     (1) Excludes mortgage loans held-for-sale.
(2) Net revenue is net interest income plus non-interest income.
(3) SeeTable 18: Supplemental Non-GAAP Financial Measures/Ratios for additional information on this performance measure/ratio.
(4) The net overhead ratio is calculated by netting total non-interest expense and total non-interest income, annualizing this amount, and dividing by that period’s average total assets. A lower ratio indicates a higher degree of efficiency.
(5) Capital ratios for current quarter-end are estimated.
(6) The allowance for credit losses includes the allowance for loan losses, the allowance for unfunded lending-related commitments and the allowance for held-to-maturity securities losses.

WINTRUST FINANCIAL CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CONDITION

  (Unaudited) (Unaudited)   (Unaudited) (Unaudited)  Jun 30, Mar 31, Dec 31, Sep 30, Jun 30,(In thousands)  2026   2026   2025   2025   2025 Assets          Cash and due from banks $595,790  $543,654  $467,874  $565,406  $695,501 Federal funds sold and securities purchased under resale agreements  65   65   64   63   63 Interest-bearing deposits with banks  3,573,915   3,051,665   3,180,553   3,422,452   4,569,618 Available-for-sale securities, at fair value  7,587,545   7,244,282   6,236,263   5,274,124   4,885,715 Held-to-maturity securities, at amortized cost  3,196,452   3,270,207   3,343,905   3,438,406   3,502,186 Equity securities with readily determinable fair value  65,815   63,786   63,770   63,445   273,722 Federal Home Loan Bank and Federal Reserve Bank stock  294,629   292,044   291,881   282,755   282,087 Mortgage loans held-for-sale, at fair value  407,495   383,405   340,745   333,883   299,606 Loans, net of unearned income  55,654,947   54,071,292   53,105,101   52,063,482   51,041,679 Allowance for loan losses  (402,952)  (390,651)  (379,283)  (386,622)  (391,654)Net loans  55,251,995   53,680,641   52,725,818   51,676,860   50,650,025 Premises, software and equipment, net  778,958   777,603   781,611   775,425   776,324 Lease investments, net  363,664   362,766   360,646   301,000   289,768 Accrued interest receivable and other assets  1,666,474   1,596,617   1,617,682   1,614,674   1,610,025 Receivable on unsettled securities sales  —   —   835,275   978,209   240,039 Goodwill  797,219   797,658   797,960   797,639   798,144 Other acquisition-related intangible assets  88,119   93,040   97,999   105,297   110,495 Total assets $74,668,135  $72,157,433  $71,142,046  $69,629,638  $68,983,318 Liabilities and Shareholders’ Equity          Deposits:          Non-interest-bearing $11,796,736  $12,112,891  $11,423,701  $10,952,146  $10,877,166 Interest-bearing  49,344,539   46,801,491   46,293,490   45,759,235   44,939,645 Total deposits  61,141,275   58,914,382   57,717,191   56,711,381   55,816,811 Federal Home Loan Bank advances  3,450,680   3,451,309   3,451,309   3,151,309   3,151,309 Other borrowings  370,736   340,647   477,966   579,328   625,392 Subordinated notes  298,820   298,717   298,636   298,536   298,458 Junior subordinated debentures  253,566   253,566   253,566   253,566   253,566 Payable on unsettled securities purchases  —   —   —   —   39,105 Accrued interest payable and other liabilities  1,627,942   1,520,712   1,684,663   1,589,761   1,572,981 Total liabilities  67,143,019   64,779,333   63,883,331   62,583,881   61,757,622 Shareholders’ Equity:          Preferred stock  425,000   425,000   425,000   425,000   837,500 Common stock  67,581   67,563   67,062   67,042   67,025 Surplus  2,560,427   2,546,754   2,534,024   2,521,306   2,495,637 Treasury stock  (14,882)  (13,970)  (9,156)  (9,150)  (9,156)Retained earnings  4,907,788   4,719,561   4,537,539   4,356,367   4,200,923 Accumulated other comprehensive loss  (420,798)  (366,808)  (295,754)  (314,808)  (366,233)Total shareholders’ equity  7,525,116   7,378,100   7,258,715   7,045,757   7,225,696 Total liabilities and shareholders’ equity $74,668,135  $72,157,433  $71,142,046  $69,629,638  $68,983,318                       WINTRUST FINANCIAL CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)

 Three Months EndedSix Months Ended(Dollars in thousands, except per share data)Jun 30,
2026 Mar 31,
2026 Dec 31,
2025 Sep 30,
2025 Jun 30,
2025Jun 30,
2026 Jun 30,
2025Interest income            Interest and fees on loans$822,981 $797,889  $822,494  $832,140 $797,997$1,620,870 $1,566,359Mortgage loans held-for-sale 6,169  4,615   5,607   4,757  4,872 10,784  9,118Interest-bearing deposits with banks 20,916  19,150   27,190   34,992  34,317 40,066  71,083Federal funds sold and securities purchased under resale agreements 5  64   77   75  276 69  455Investment securities 105,716  100,278   95,461   86,426  78,053 205,994  150,069Trading account securities —  —   —   —  — —  11Federal Home Loan Bank and Federal Reserve Bank stock 5,625  5,564   5,497   5,444  5,393 11,189  10,700Brokerage customer receivables —  —   —   —  — —  78Total interest income 961,412  927,560   956,326   963,834  920,908 1,888,972  1,807,873Interest expense            Interest on deposits 325,033  309,187   332,178   355,846  333,470 634,220  653,703Interest on Federal Home Loan Bank advances 28,218  27,701   26,408   26,007  25,724 55,919  51,165Interest on other borrowings 3,121  4,026   5,956   6,887  6,957 7,147  13,749Interest on subordinated notes 3,739  3,719   3,737   3,717  3,735 7,458  7,449Interest on junior subordinated debentures 3,935  3,903   4,173   4,367  4,328 7,838  8,639Total interest expense 364,046  348,536   372,452   396,824  374,214 712,582  734,705Net interest income 597,366  579,024   583,874   567,010  546,694 1,176,390  1,073,168Provision for credit losses 23,134  29,594   27,588   21,768  22,234 52,728  46,197Net interest income after provision for credit losses 574,232  549,430   556,286   545,242  524,460 1,123,662  1,026,971Non-interest income            Wealth management 39,883  42,059   39,365   37,188  36,821 81,942  70,863Mortgage banking 27,438  23,396   22,625   24,451  23,170 50,834  43,699Service charges on deposit accounts 21,240  20,970   20,402   19,825  19,502 42,210  38,864Gains (losses) on investment securities, net 1,845  (31)  1,505   2,972  650 1,814  3,846Fees from covered call options 4,793  4,669   5,992   5,619  5,624 9,462  9,070Trading gains (losses), net 70  10   (257)  172  151 80  87Operating lease income, net 18,804  19,154   16,365   15,466  15,166 37,958  30,453Other 27,196  23,915   24,393   25,134  23,005 51,111  43,841Total non-interest income 141,269  134,142   130,390   130,827  124,089 275,411  240,723Non-interest expense            Salaries and employee benefits 234,089  228,447   222,557   219,668  219,541 462,536  431,067Software and equipment 39,288  35,654   36,096   35,027  36,522 74,942  71,239Operating lease equipment 11,187  10,987   11,034   10,409  10,757 22,174  21,228Occupancy, net 21,153  20,566   20,105   20,809  20,228 41,719  41,006Data processing 10,659  11,266   11,809   11,329  12,110 21,925  23,384Advertising and marketing 20,432  13,218   13,792   19,027  18,761 33,650  31,033Professional fees 9,342  7,375   8,280   7,465  9,243 16,717  18,287Amortization of other acquisition-related intangible assets 4,921  4,958   4,999   5,196  5,580 9,879  11,198FDIC insurance 6,640  10,990   10,562   11,418  10,971 17,630  21,897Other real estate owned (“OREO”) expenses, net 786  207   2,162   262  505 993  1,148Other 39,040  38,964   43,057   39,418  37,243 78,004  76,064Total non-interest expense 397,537  382,632   384,453   380,028  381,461 780,169  747,551Income before taxes 317,964  300,940   302,223   296,041  267,088 618,904  520,143Income tax expense 84,271  73,552   79,199   79,787  71,561 157,823  135,577Net income$233,693 $227,388  $223,024  $216,254 $195,527$461,081 $384,566Preferred stock dividends 8,367  8,367   8,367   13,295  6,991 16,734  13,982Preferred stock redemption —  —   —   14,046  — —  —Net income applicable to common shares$225,326 $219,021  $214,657  $188,913 $188,536$444,347 $370,584Net income per common share - Basic$3.34 $3.26  $3.21  $2.82 $2.82$6.60 $5.55Net income per common share - Diluted$3.30 $3.22  $3.15  $2.78 $2.78$6.52 $5.47Cash dividends declared per common share$0.55 $0.55  $0.50  $0.50 $0.50$1.10 $1.00Weighted average common shares outstanding 67,434  67,246   66,970   66,952  66,931 67,341  66,829Dilutive potential common shares 852  851   1,143   1,028  888 852  903Average common shares and dilutive common shares 68,286  68,097   68,113   67,980  67,819 68,193  67,732                       TABLE 1: LOAN PORTFOLIO MIX AND GROWTH RATES

          % Growth From(1)(Dollars in thousands)Jun 30,
2026 Mar 31,
2026 Dec 31,
2025 Sep 30,
2025 Jun 30,
2025Mar 31,
2026(2)Jun 30,
2025Balance:           Mortgage loans held-for-sale, excluding early buy-out exercised loans guaranteed by U.S. government agencies$265,203 $249,350 $217,136 $211,360 $192,63326%38%Mortgage loans held-for-sale, early buy-out exercised loans guaranteed by U.S. government agencies 142,292  134,055  123,609  122,523  106,97325 33 Total mortgage loans held-for-sale$407,495 $383,405 $340,745 $333,883 $299,60625%36%            Core loans:           Commercial           Commercial and industrial$7,802,625 $7,620,239 $7,267,505 $7,135,083 $7,028,24710%11%Asset-based lending 1,628,319  1,558,089  1,512,888  1,588,522  1,663,69318 (2)Municipal 866,012  839,633  868,958  804,986  771,78513 12 Leases 3,114,901  3,002,014  2,921,366  2,834,563  2,757,33115 13 Commercial real estate           Residential construction 52,590  53,097  54,753  60,923  59,027(4)(11)Commercial construction 2,294,566  1,959,375  2,013,244  2,273,545  2,165,26369 6 Land 308,509  311,470  341,585  323,685  304,827(4)1 Office 1,607,275  1,652,482  1,688,614  1,578,208  1,601,208(11)— Industrial 3,405,641  3,323,977  3,167,768  2,912,547  2,824,88910 21 Retail 1,475,949  1,469,658  1,436,252  1,478,861  1,452,3512 2 Multi-family 3,299,607  3,565,419  3,445,507  3,306,597  3,200,578(30)3 Mixed use and other 1,826,470  1,826,808  1,793,013  1,684,841  1,683,867(0)8 Home equity 491,782  471,264  480,525  484,202  466,81517 5 Residential real estate           Residential real estate loans for investment 4,411,357  4,319,941  4,171,439  4,019,046  3,814,7158 16 Residential mortgage loans, early buy-out eligible loans guaranteed by U.S. government agencies 76,334  83,036  84,706  75,088  80,800(32)(6)Residential mortgage loans, early buy-out exercised loans guaranteed by U.S. government agencies 55,001  62,189  61,087  49,736  53,267(46)3 Total core loans$32,716,938 $32,118,691 $31,309,210 $30,610,433 $29,928,6637%9%            Niche loans:           Commercial           Franchise$1,300,935 $1,293,639 $1,298,493 $1,298,140 $1,286,2652%1%Mortgage warehouse lines of credit 1,897,762  1,800,972  1,515,003  1,204,661  1,232,53022 54 Community Advantage - homeowners association 516,782  526,274  532,027  537,696  526,595(7)(2)Insurance agency lending 1,153,975  1,122,361  1,128,446  1,140,691  1,120,98511 3 Premium Finance receivables           U.S. property & casualty insurance 7,744,361  7,127,234  7,308,054  7,502,901  7,378,34035 5 Canada property & casualty insurance 867,662  763,097  875,362  863,391  944,83655 (8)Life insurance 9,312,521  9,196,382  9,023,642  8,758,553  8,506,9605 9 Consumer and other 144,011  122,642  114,864  147,016  116,50570 24 Total niche loans$22,938,009 $21,952,601 $21,795,891 $21,453,049 $21,113,01618%9%            Total loans, net of unearned income$55,654,947 $54,071,292 $53,105,101 $52,063,482 $51,041,67912%9% (1) NM - Not Meaningful.
(2) Annualized.

TABLE 2: DEPOSIT PORTFOLIO MIX AND GROWTH RATES

          % Growth From(Dollars in thousands)Jun 30,
2026 Mar 31,
2026 Dec 31,
2025 Sep 30,
2025 Jun 30,
2025Mar 31,
2026(1) Jun 30,
2025Balance:            Non-interest-bearing$11,796,736  $12,112,891  $11,423,701  $10,952,146  $10,877,166 (10)% 8%NOW and interest-bearing demand deposits 6,742,269   5,987,258   6,233,753   6,710,919   6,795,725 51  (1)Wealth management deposits(2) 1,349,949   1,670,620   1,907,647   1,600,735   1,595,764 (77) (15)Money market 23,083,225   21,714,267   21,368,924   20,270,382   19,556,041 25  18 Savings 6,597,516   6,942,565   6,905,216   6,758,743   6,659,419 (20) (1)Time certificates of deposit 11,571,580   10,486,781   9,877,950   10,418,456   10,332,696 41  12 Total deposits$61,141,275  $58,914,382  $57,717,191  $56,711,381  $55,816,811 15% 10%Mix:            Non-interest-bearing 19%  20%  20%  19%  19%   NOW and interest-bearing demand deposits 11   10   11   12   12    Wealth management deposits(2) 2   3   3   3   3    Money market 38   37   37   36   35    Savings 11   12   12   12   12    Time certificates of deposit 19   18   17   18   19    Total deposits 100%  100%  100%  100%  100%    (1) Annualized.
(2) Represents deposit balances of the Company’s subsidiary banks from brokerage customers of Wintrust Investments, Chicago Deferred Exchange Company, LLC (“CDEC”), and trust and asset management customers of the Company.

TABLE 3: TIME CERTIFICATES OF DEPOSIT MATURITY/RE-PRICING ANALYSIS
As of June 30, 2026

(Dollars in thousands) Total Time
Certificates of
Deposit Weighted-Average
Rate of Maturing
Time Certificates
of Deposit1-3 months $5,548,778 3.57%4-6 months  3,389,412 3.49 7-9 months  1,458,932 3.43 10-12 months  604,775 3.38 13-18 months  413,060 3.50 19-24 months  72,439 2.84 24+ months  84,184 2.61 Total $11,571,580 3.51%        TABLE 4: QUARTERLY AVERAGE BALANCES

  Average Balance for three months ended,  Jun 30, Mar 31, Dec 31, Sep 30, Jun 30,(In thousands)  2026   2026   2025   2025   2025 Interest-bearing deposits with banks, securities purchased under resale agreements and cash equivalents(1) $2,412,081  $2,247,083  $2,842,829  $3,276,683  $3,308,199 Investment securities(2)  10,832,538   10,616,617   10,084,138   9,377,930   8,801,560 FHLB and FRB stock(3)  292,325   291,972   284,643   282,338   282,001 Liquidity management assets(4) $13,536,944  $13,155,672  $13,211,610  $12,936,951  $12,391,760 Mortgage loans held-for-sale  402,175   317,047   357,672   295,365   310,534 Loans, net of unearned income(4) (5)  54,491,469   52,845,685   52,193,637   51,403,566   49,517,635 Total earning assets(4) $68,430,588  $66,318,404  $65,762,919  $64,635,882  $62,219,929 Allowance for loan and investment security losses  (405,743)  (391,810)  (404,075)  (410,681)  (398,685)Cash and due from banks  519,586   534,189   517,616   495,292   478,707 Other assets  3,617,292   3,628,340   3,615,808   3,582,543   3,540,394 Total assets $72,161,723  $70,089,123  $69,492,268  $68,303,036  $65,840,345            NOW and interest-bearing demand deposits $6,453,420  $6,081,218  $6,133,333  $6,687,292  $6,423,050 Wealth management deposits  1,485,347   1,858,560   1,925,808   1,604,142   1,552,989 Money market accounts  22,000,942   21,156,125   20,475,659   19,431,021   18,184,754 Savings accounts  6,707,916   6,921,251   6,814,263   6,723,325   6,578,698 Time deposits  10,938,312   9,782,112   10,045,136   10,319,719   9,841,702 Interest-bearing deposits $47,585,937  $45,799,266  $45,394,199  $44,765,499  $42,581,193 FHLB advances(3)  3,450,773   3,451,312   3,203,483   3,151,310   3,151,310 Other borrowings  358,511   442,200   547,507   614,892   593,657 Subordinated notes  298,757   298,661   298,576   298,481   298,398 Junior subordinated debentures  253,566   253,566   253,566   253,566   253,566 Total interest-bearing liabilities $51,947,544  $50,245,005  $49,697,331  $49,083,748  $46,878,124 Non-interest-bearing deposits  11,273,344   10,963,887   11,080,254   10,791,709   10,643,798 Other liabilities  1,466,386   1,492,518   1,548,075   1,472,036   1,456,383 Equity  7,474,449   7,387,713   7,166,608   6,955,543   6,862,040 Total liabilities and shareholders’ equity $72,161,723  $70,089,123  $69,492,268  $68,303,036  $65,840,345            Net free funds/contribution(6) $16,483,044  $16,073,399  $16,065,588  $15,552,134  $15,341,805  (1) Includes interest-bearing deposits from banks and securities purchased under resale agreements with original maturities of greater than three months. Cash equivalents include federal funds sold and securities purchased under resale agreements with original maturities of three months or less.
(2) Investment securities includes investment securities classified as available-for-sale and held-to-maturity, and equity securities with readily determinable fair values. Equity securities without readily determinable fair values are included within other assets.
(3) Federal Home Loan Bank (“FHLB”) and Federal Reserve Bank (“FRB”)
(4) See Table 18: Supplemental Non-GAAP Financial Measures/Ratios for additional information on this performance measure/ratio.
(5) Loans, net of unearned income, include non-accrual loans.
(6) Net free funds are the difference between total average earning assets and total average interest-bearing liabilities. The estimated contribution to net interest margin from net free funds is calculated using the rate paid for total interest-bearing liabilities.

TABLE 5: QUARTERLY NET INTEREST INCOME

  Net Interest Income for three months ended,  Jun 30, Mar 31, Dec 31, Sep 30, Jun 30,(In thousands)  2026   2026   2025   2025   2025 Interest income:          Interest-bearing deposits with banks, securities purchased under resale agreements and cash equivalents $20,921  $19,214  $27,267  $35,067  $34,593 Investment securities  106,346   100,864   96,122   87,101   78,733 FHLB and FRB stock(1)  5,625   5,564   5,497   5,444   5,393 Liquidity management assets(2) $132,892  $125,642  $128,886  $127,612  $118,719 Mortgage loans held-for-sale  6,169   4,615   5,607   4,757   4,872 Loans, net of unearned income(2)  825,092   799,915   824,628   834,294   800,197 Total interest income $964,153  $930,172  $959,121  $966,663  $923,788            Interest expense:          NOW and interest-bearing demand deposits $32,318  $29,666  $31,681  $40,448  $37,517 Wealth management deposits  6,823   8,941   10,011   8,415   8,182 Money market accounts  165,035   155,299   163,585   169,831   155,890 Savings accounts  25,729   30,672   34,371   38,844   37,637 Time deposits  95,128   84,609   92,530   98,308   94,244 Interest-bearing deposits $325,033  $309,187  $332,178  $355,846  $333,470 FHLB advances(1)  28,218   27,701   26,408   26,007   25,724 Other borrowings  3,121   4,026   5,956   6,887   6,957 Subordinated notes  3,739   3,719   3,737   3,717   3,735 Junior subordinated debentures  3,935   3,903   4,173   4,367   4,328 Total interest expense $364,046  $348,536  $372,452  $396,824  $374,214            Less: Fully taxable-equivalent adjustment  (2,741)  (2,612)  (2,795)  (2,829)  (2,880)Net interest income (GAAP)(3)  597,366   579,024   583,874   567,010   546,694 Fully taxable-equivalent adjustment  2,741   2,612   2,795   2,829   2,880 Net interest income, fully taxable-equivalent (non-GAAP)(3) $600,107  $581,636  $586,669  $569,839  $549,574  (1) Federal Home Loan Bank (“FHLB”) and Federal Reserve Bank (“FRB”)
(2) Interest income on tax-advantaged loans, trading securities and investment securities reflects a taxable-equivalent adjustment based on the marginal federal corporate tax rate in effect as of the applicable period.
(3) SeeTable 18: Supplemental Non-GAAP Financial Measures/Ratios for additional information on this performance measure/ratio.

TABLE 6: QUARTERLY NET INTEREST MARGIN

  Net Interest Margin for three months ended,  Jun 30,
2026 Mar 31,
2026 Dec 31,
2025 Sep 30,
2025 Jun 30,
2025Yield earned on:          Interest-bearing deposits with banks, securities purchased under resale agreements and cash equivalents 3.48% 3.47% 3.81% 4.25% 4.19%Investment securities 3.94  3.85  3.78  3.68  3.59 FHLB and FRB stock(1) 7.72  7.73  7.66  7.65  7.67 Liquidity management assets 3.94% 3.87% 3.87% 3.91% 3.84%Mortgage loans held-for-sale 6.15  5.90  6.22  6.39  6.29 Loans, net of unearned income 6.07  6.14  6.27  6.44  6.48 Total earning assets 5.65% 5.69% 5.79% 5.93% 5.96%           Rate paid on:          NOW and interest-bearing demand deposits 2.01% 1.98% 2.05% 2.40% 2.34%Wealth management deposits 1.84  1.95  2.06  2.08  2.11 Money market accounts 3.01  2.98  3.17  3.47  3.44 Savings accounts 1.54  1.80  2.00  2.29  2.29 Time deposits 3.49  3.51  3.65  3.78  3.84 Interest-bearing deposits 2.74% 2.74% 2.90% 3.15% 3.14%FHLB advances 3.28  3.26  3.27  3.27  3.27 Other borrowings 3.49  3.69  4.32  4.44  4.70 Subordinated notes 5.02  5.05  4.97  4.94  5.02 Junior subordinated debentures 6.22  6.24  6.53  6.83  6.85 Total interest-bearing liabilities 2.81% 2.81% 2.97% 3.21% 3.20%           Interest rate spread(2) (3) 2.84% 2.88% 2.82% 2.72% 2.76%Less: Fully taxable-equivalent adjustment (0.02) (0.02) (0.02) (0.02) (0.02)Net free funds/contribution(4) 0.68  0.68  0.72  0.78  0.78 Net interest margin (GAAP)(3) 3.50% 3.54% 3.52% 3.48% 3.52%Fully taxable-equivalent adjustment 0.02  0.02  0.02  0.02  0.02 Net interest margin, fully taxable-equivalent (non-GAAP)(3) 3.52% 3.56% 3.54% 3.50% 3.54% (1) Federal Home Loan Bank (“FHLB”) and Federal Reserve Bank (“FRB”)
(2) Interest rate spread is the difference between the yield earned on earning assets and the rate paid on interest-bearing liabilities.
(3) SeeTable 18: Supplemental Non-GAAP Financial Measures/Ratios for additional information on this performance measure/ratio.
(4) Net free funds are the difference between total average earning assets and total average interest-bearing liabilities. The estimated contribution to net interest margin from net free funds is calculated using the rate paid for total interest-bearing liabilities.

TABLE 7: YEAR-TO-DATE AVERAGE BALANCES, AND NET INTEREST INCOME AND MARGIN

 Average Balance
for six months ended,Interest
for six months ended,Yield/Rate
for six months ended,(Dollars in thousands)Jun 30,
2026 Jun 30,
2025Jun 30,
2026 Jun 30,
2025Jun 30,
2026 Jun 30,
2025Interest-bearing deposits with banks, securities purchased under resale agreements and cash equivalents(1)$2,330,038  $3,413,538 $40,135  $71,538 3.47% 4.23%Investment securities(2) 10,725,174   8,606,730  207,210   151,439 3.90  3.55 FHLB and FRB stock(3) 292,149   281,853  11,189   10,700 7.72  7.66 Liquidity management assets(4) (5)$13,347,361  $12,302,121 $258,534  $233,677 3.91% 3.83%Other earning assets(4) (5) (6) —   6,533  —   92 —  2.84 Mortgage loans held-for-sale 359,846   298,688  10,784   9,118 6.04  6.16 Loans, net of unearned income(4) (5) (7) 53,673,123   48,680,160  1,625,007   1,570,765 6.11  6.51 Total earning assets(5)$67,380,330  $61,287,502 $1,894,325  $1,813,652 5.67% 5.97%Allowance for loan and investment security losses (398,815)  (387,092)      Cash and due from banks 526,847   477,571       Other assets 3,622,786   3,600,500       Total assets$71,131,148  $64,978,481                 NOW and interest-bearing demand deposits$6,268,347  $6,235,661 $61,985  $71,117 1.99% 2.30%Wealth management deposits 1,670,923   1,563,675  15,764   16,788 1.90  2.17 Money market accounts 21,580,867   17,884,615  320,334   302,264 2.99  3.41 Savings accounts 6,813,994   6,529,345  56,401   73,560 1.67  2.27 Time deposits 10,363,406   9,625,117  179,736   189,974 3.50  3.98 Interest-bearing deposits$46,697,537  $41,838,413 $634,220  $653,703 2.74% 3.15%FHLB advances(3) 3,451,041   3,151,310  55,919   51,165 3.27  3.27 Other borrowings 400,124   587,930  7,147   13,749 3.60  4.72 Subordinated notes 298,709   298,353  7,458   7,449 5.04  5.04 Junior subordinated debentures 253,566   253,566  7,838   8,639 6.23  6.87 Total interest-bearing liabilities$51,100,977  $46,129,572 $712,582  $734,705 2.81% 3.21%Non-interest-bearing deposits 11,119,470   10,687,733       Other liabilities 1,479,380   1,498,578       Equity 7,431,321   6,662,598       Total liabilities and shareholders’ equity$71,131,148  $64,978,481       Interest rate spread(5) (8)      2.86% 2.76%Less: Fully taxable-equivalent adjustment    (5,353)  (5,779)(0.02) (0.02)Net free funds/contribution(9)$16,279,353  $15,157,930    0.68  0.79 Net interest income/margin (GAAP)(5)   $1,176,390  $1,073,168 3.52% 3.53%Fully taxable-equivalent adjustment    5,353   5,779 0.02  0.02 Net interest income/margin, fully taxable-equivalent (non-GAAP)(5)   $1,181,743  $1,078,947 3.54% 3.55% (1) Includes interest-bearing deposits from banks and securities purchased under resale agreements with original maturities of greater than three months. Cash equivalents include federal funds sold and securities purchased under resale agreements with original maturities of three months or less.
(2) Investment securities includes investment securities classified as available-for-sale and held-to-maturity, and equity securities with readily determinable fair values. Equity securities without readily determinable fair values are included within other assets.
(3) Federal Home Loan Bank (“FHLB”) and Federal Reserve Bank (“FRB”)
(4) Interest income on tax-advantaged loans, trading securities and investment securities reflects a taxable-equivalent adjustment based on the marginal federal corporate tax rate in effect as of the applicable period.
(5) SeeTable 18: Supplemental Non-GAAP Financial Measures/Ratios for additional information on this performance measure/ratio.
(6) Other earning assets include brokerage customer receivables and trading account securities.
(7) Loans, net of unearned income, include non-accrual loans.
(8) Interest rate spread is the difference between the yield earned on earning assets and the rate paid on interest-bearing liabilities.
(9) Net free funds are the difference between total average earning assets and total average interest-bearing liabilities. The estimated contribution to net interest margin from net free funds is calculated using the rate paid for total interest-bearing liabilities.

TABLE 8: INTEREST RATE SENSITIVITY

As an ongoing part of its financial strategy, the Company attempts to manage the impact of fluctuations in market interest rates on net interest income. Management measures its exposure to changes in interest rates by modeling many different interest rate scenarios.

The following interest rate scenarios display the percentage change in net interest income over a one-year time horizon assuming increases and decreases of 100 and 200 basis points as compared to projected net interest income in a scenario with no assumed rate changes. The Static Shock Scenario results incorporate actual cash flows and repricing characteristics for balance sheet instruments following an instantaneous, parallel change in market rates based upon a static (i.e. no growth or constant) balance sheet. Conversely, the Ramp Scenario results incorporate management’s projections of future volume and pricing of each of the product lines following a gradual, parallel change in market rates over twelve months. Actual results may differ from these simulated results due to timing, magnitude, and frequency of interest rate changes as well as changes in market conditions and management strategies. The interest rate sensitivity for both the Static Shock and Ramp Scenario is as follows:

Static Shock Scenario +200 Basis
Points +100 Basis
Points -100 Basis
Points -200 Basis
PointsJun 30, 2026 (2.4)% (1.1)% (0.1)% (0.1)%Mar 31, 2026 (0.8) (0.1) (1.0) (1.9)Dec 31, 2025 (1.6) (0.5) (0.5) (0.8)Sep 30, 2025 (2.3) (0.8) 0.0  (0.4)Jun 30, 2025 (1.5) (0.4) (0.2) (1.2) Ramp Scenario +200 Basis Points +100 Basis Points -100 Basis Points -200 Basis PointsJun 30, 2026 (0.2)% (0.1)% (0.2)% (0.4)%Mar 31, 2026 (0.1) 0.0  (0.1) (0.3)Dec 31, 2025 (0.0) 0.1  (0.1) (0.2)Sep 30, 2025 (0.2) (0.1) 0.1  (0.1)Jun 30, 2025 0.0  0.0  (0.1) (0.4)              As shown above, the magnitude of potential changes in net interest income in various interest rate scenarios has continued to remain relatively neutral. Management has taken action to reposition its sensitivity to interest rates to stabilize net interest margin following the rise in short term interest rates in 2022 and 2023. To this end, management has executed various derivative instruments including collars, floors and receive-fixed swaps to hedge variable-rate loan exposures. The Company will continue to monitor current and projected interest rates and may execute additional derivatives to mitigate potential fluctuations in the net interest margin in future periods.

TABLE 9: MATURITIES AND SENSITIVITIES TO CHANGES IN INTEREST RATES

 Loans repricing or contractual maturity periodAs of June 30, 2026One year or
less
 From one to
five years
 From five to
fifteen years
 After fifteen
years
 Total
(In thousands)    Commercial         Fixed rate$615,590  $4,170,452 $2,191,702 $53,448 $7,031,192Variable rate 11,248,473   1,646  —  —  11,250,119Total commercial$11,864,063  $4,172,098 $2,191,702 $53,448 $18,281,311Commercial real estate         Fixed rate$930,512  $2,655,051 $341,069 $70,710 $3,997,342Variable rate 10,262,509   10,692  64  —  10,273,265Total commercial real estate$11,193,021  $2,665,743 $341,133 $70,710 $14,270,607Home equity         Fixed rate$8,900  $982 $29 $6 $9,917Variable rate 481,865   —  —  —  481,865Total home equity$490,765  $982 $29 $6 $491,782Residential real estate         Fixed rate$18,332  $7,134 $63,647 $1,042,536 $1,131,649Variable rate 133,698   822,226  2,455,119  —  3,411,043Total residential real estate$152,030  $829,360 $2,518,766 $1,042,536 $4,542,692Premium finance receivables - property & casualty         Fixed rate$8,456,306  $155,717 $— $— $8,612,023Variable rate —   —  —  —  —Total premium finance receivables - property & casualty$8,456,306  $155,717 $— $— $8,612,023Premium finance receivables - life insurance         Fixed rate$22,418  $82,894 $— $— $105,312Variable rate 9,207,209   —  —  —  9,207,209Total premium finance receivables - life insurance$9,229,627  $82,894 $— $— $9,312,521Consumer and other         Fixed rate$47,737  $7,565 $1,185 $838 $57,325Variable rate 86,686   —  —  —  86,686Total consumer and other$134,423  $7,565 $1,185 $838 $144,011          Total per category         Fixed rate$10,099,795  $7,079,795 $2,597,632 $1,167,538 $20,944,760Variable rate 31,420,440   834,564  2,455,183  —  34,710,187Total loans, net of unearned income$41,520,235  $7,914,359 $5,052,815 $1,167,538 $55,654,947Less: Existing cash flow hedging derivatives(1) (6,900,000)        Total loans repricing or maturing in one year or less, adjusted for cash flow hedging activity$34,620,235                   Variable Rate Loan Pricing by Index:         SOFR tenors(2)        $22,627,41212- month CMT(3)         8,176,185Prime         3,125,303Fed Funds         546,049Other U.S. Treasury tenors         130,340Other         104,898Total variable rate        $34,710,187 (1) Excludes cash flow hedges with future effective starting dates and those that have matured as of June 30, 2026. The $6.90 billion of cash flow hedging derivatives includes receive fixed swaps, collars and floors of which $5.95 billion were impacting the cash flows of loans indexed to one-month SOFR as of June 30, 2026.
(2) SOFR - Secured Overnight Financing Rate.
(3) CMT - Constant Maturity Treasury Rate.

Graph available at the following link: http://ml.globenewswire.com/Resource/Download/3c540cd1-ff96-4980-bba0-73e86ea12545

Source: Bloomberg

As noted in the table on the previous page, the majority of the Company’s portfolio is tied to SOFR and CMT indices which, as shown in the table above, do not mirror the same changes as the Prime rate, which has historically moved when the Federal Reserve raises or lowers interest rates. Specifically, the Company has variable rate loans of $20.0 billion tied to one-month SOFR and $8.2 billion tied to twelve-month CMT. The above chart shows:

  Basis Point (bp) Change in  1-month
SOFR 12- month
CMT Prime Second Quarter 2026 (1)bps30 bps— bpsFirst Quarter 2026 (3) 20  —  Fourth Quarter 2025 (44) (20) (50) Third Quarter 2025 (19) (28) (25) Second Quarter 2025 —  (7) —              TABLE 10: ALLOWANCE FOR CREDIT LOSSES

  Three Months EndedSix Months Ended  Jun 30, Mar 31, Dec 31, Sep 30, Jun 30,Jun 30, Jun 30,(Dollars in thousands)  2026   2026   2025   2025   2025  2026   2025 Allowance for credit losses at beginning of period $471,591  $460,465  $454,586  $457,461  $448,387 $460,465  $437,060 Provision for credit losses  23,134   29,594   27,588   21,768   22,234  52,728   46,197 Other adjustments  (90)  (50)  71   (88)  180  (140)  184 Charge-offs:             Commercial  10,837   8,428   12,894   21,597   6,148  19,265   15,870 Commercial real estate  707   7,260   5,625   144   5,711  7,967   6,165 Home equity  —   —   —   27   111  —   111 Residential real estate  163   350   —   26   —  513   — Premium finance receivables - property & casualty  5,403   7,431   8,354   6,860   6,346  12,834   13,460 Premium finance receivables - life insurance  —   —   —   18   —  —   12 Consumer and other  172   180   203   174   179  352   326 Total charge-offs  17,282   23,649   27,076   28,846   18,495  40,931   35,944 Recoveries:             Commercial  1,710   1,419   956   1,449   1,746  3,129   2,675 Commercial real estate  5   6   4   241   10  11   22 Home equity  16   303   28   104   30  319   246 Residential real estate  1   1   1   1   2  2   138 Premium finance receivables - property & casualty  2,076   3,437   4,275   2,459   3,335  5,513   6,822 Premium finance receivables - life insurance  —   —   —   —   —  —   — Consumer and other  28   65   32   37   32  93   61 Total recoveries  3,836   5,231   5,296   4,291   5,155  9,067   9,964 Net charge-offs  (13,446)  (18,418)  (21,780)  (24,555)  (13,340) (31,864)  (25,980)Allowance for credit losses at period end $481,189  $471,591  $460,465  $454,586  $457,461 $481,189  $457,461               Annualized net charge-offs (recoveries) by category as a percentage of its own respective category’s average:   Commercial  0.20%  0.17%  0.29%  0.49%  0.11% 0.19%  0.17%Commercial real estate  0.02   0.21   0.16   (0.00)  0.17  0.11   0.10 Home equity  (0.01)  (0.26)  (0.02)  (0.06)  0.07  (0.13)  (0.06)Residential real estate  0.01   0.03   (0.00)  0.00   (0.00) 0.02   (0.01)Premium finance receivables - property & casualty  0.16   0.20   0.20   0.20   0.16  0.18   0.18 Premium finance receivables - life insurance  —   —   —   0.00   —  —   0.00 Consumer and other  0.42   0.35   0.47   0.40   0.44  0.38   0.44 Total loans, net of unearned income  0.10%  0.14%  0.17%  0.19%  0.11% 0.12%  0.11%              Loans at period end $55,654,947  $54,071,292  $53,105,101  $52,063,482  $51,041,679    Allowance for loan losses as a percentage of loans at period end  0.72%  0.72%  0.71%  0.74%  0.77%   Allowance for loan and unfunded lending-related commitment losses as a percentage of loans at period end  0.86   0.87   0.87   0.87   0.90                             PCD - Purchase Credit Deteriorated

TABLE 11: ALLOWANCE AND PROVISION FOR CREDIT LOSSES BY COMPONENT

  Three Months EndedSix Months Ended  Jun 30, Mar 31, Dec 31, Sep 30, Jun 30,Jun 30, Jun 30,(In thousands)  2026   2026   2025   2025   2025  2026   2025 Provision for loan losses - Other $25,837  $29,836  $14,369  $19,610  $26,607 $55,673  $53,433 Provision for unfunded lending-related commitments losses - Other  (2,666)  (239)  13,354   2,160   (4,325) (2,905)  (7,177)Provision for held-to-maturity securities losses  (37)  (3)  (135)  (2)  (48) (40)  (59)Provision for credit losses $23,134  $29,594  $27,588  $21,768  $22,234 $52,728  $46,197               Allowance for loan losses $402,952  $390,651  $379,283  $386,622  $391,654    Allowance for unfunded lending-related commitments losses  78,017   80,683   80,922   67,569   65,409    Allowance for loan losses and unfunded lending-related commitments losses  480,969   471,334   460,205   454,191   457,063    Allowance for held-to-maturity securities losses  220   257   260   395   398    Allowance for credit losses $481,189  $471,591  $460,465  $454,586  $457,461                             PCD - Purchase Credit Deteriorated

TABLE 12: ALLOWANCE BY LOAN PORTFOLIO

The table below summarizes the calculation of allowance for loan losses and allowance for unfunded lending-related commitments losses for the Company’s loan portfolios as well as core and niche portfolios, as of June 30, 2026, March 31, 2026 and December 31, 2025.

 As of Jun 30, 2026As of Mar 31, 2026As of Dec 31, 2025(Dollars in thousands)Recorded
Investment Calculated
Allowance % of its
category’s balanceRecorded
Investment Calculated
Allowance % of its
category’s balanceRecorded
Investment Calculated
Allowance % of its
category’s balanceCommercial$18,281,311 $234,809 1.28%$17,763,221 $210,959 1.19%$17,044,686 $178,545 1.05%Commercial real estate:               Construction and development 2,655,665  67,343 2.54  2,323,942  74,092 3.19  2,409,582  93,106 3.86 Non-construction 11,614,942  142,605 1.23  11,838,344  150,778 1.27  11,531,154  153,827 1.33 Total commercial real estate$14,270,607 $209,948 1.47%$14,162,286 $224,870 1.59%$13,940,736 $246,933 1.77%Total commercial and commercial real estate$32,551,918 $444,757 1.37%$31,925,507 $435,829 1.37%$30,985,422 $425,478 1.37%Home equity 491,782  10,004 2.03  471,264  10,213 2.17  480,525  10,402 2.16 Residential real estate 4,542,692  13,257 0.29  4,465,166  13,081 0.29  4,317,232  12,519 0.29 Premium finance receivables - property & casualty 8,612,023  11,142 0.13  7,890,331  10,591 0.13  8,183,416  10,226 0.12 Premium finance receivables - life insurance 9,312,521  810 0.01  9,196,382  800 0.01  9,023,642  785 0.01 Consumer and other 144,011  999 0.69  122,642  820 0.67  114,864  795 0.69 Total loans, net of unearned income$55,654,947 $480,969 0.86%$54,071,292 $471,334 0.87%$53,105,101 $460,205 0.87%                Total core loans(1)$32,716,938 $406,752 1.24%$32,118,691 $408,892 1.27%$31,309,210 $412,714 1.32%Total niche loans(1) 22,938,009  74,217 0.32  21,952,601  62,442 0.28  21,795,891  47,491 0.22  (1) SeeTable 1for additional detail on core and niche loans.

TABLE 13: LOAN PORTFOLIO AGING

(In thousands) Jun 30, 2026 Mar 31, 2026 Dec 31, 2025 Sep 30, 2025 Jun 30, 2025Loan Balances:          Commercial          Nonaccrual $90,642 $87,750 $78,059 $66,577 $80,87790+ days and still accruing  —  —  —  —  —60-89 days past due  14,851  9,996  22,952  12,190  34,85530-59 days past due  38,292  90,389  90,205  36,136  45,103Current  18,137,526  17,575,086  16,853,470  16,429,439  16,226,596Total commercial $18,281,311 $17,763,221 $17,044,686 $16,544,342 $16,387,431Commercial real estate          Nonaccrual $17,220 $16,757 $25,147 $28,202 $32,82890+ days and still accruing  —  —  —  —  —60-89 days past due  14,879  17,133  19,529  14,119  11,25730-59 days past due  60,451  54,143  65,601  83,055  51,173Current  14,178,057  14,074,253  13,830,459  13,493,831  13,196,752Total commercial real estate $14,270,607 $14,162,286 $13,940,736 $13,619,207 $13,292,010Home equity          Nonaccrual $1,177 $1,142 $1,221 $1,295 $1,78090+ days and still accruing  —  —  —  —  —60-89 days past due  690  463  1,112  246  13830-59 days past due  878  2,012  2,818  2,294  2,971Current  489,037  467,647  475,374  480,367  461,926Total home equity $491,782 $471,264 $480,525 $484,202 $466,815Residential real estate          Early buy-out loans guaranteed by U.S. government agencies(1) $131,335 $145,225 $145,793 $124,824 $134,067Nonaccrual  25,910  27,360  32,862  28,942  28,04790+ days and still accruing  —  —  —  —  —60-89 days past due  3,310  129  7,562  8,829  8,95430-59 days past due  —  30,854  24,908  95  38Current  4,382,137  4,261,598  4,106,107  3,981,180  3,777,676Total residential real estate $4,542,692 $4,465,166 $4,317,232 $4,143,870 $3,948,782Premium finance receivables - property & casualty          Nonaccrual $28,061 $33,891 $29,354 $24,512 $30,40490+ days and still accruing  16,003  15,823  19,115  13,006  14,35060-89 days past due  18,198  16,188  29,294  23,527  25,64130-59 days past due  25,864  47,936  57,685  38,133  29,460Current  8,523,897  7,776,493  8,047,968  8,267,114  8,223,321Total Premium finance receivables - property & casualty $8,612,023 $7,890,331 $8,183,416 $8,366,292 $8,323,176Premium finance receivables - life insurance          Nonaccrual $— $— $— $— $—90+ days and still accruing  —  —  —  —  32760-89 days past due  2,908  22,690  13,887  34,016  11,20230-59 days past due  8,606  58,760  22,806  34,506  34,403Current  9,301,007  9,114,932  8,986,949  8,690,031  8,461,028Total Premium finance receivables - life insurance $9,312,521 $9,196,382 $9,023,642 $8,758,553 $8,506,960Consumer and other          Nonaccrual $113 $16 $8 $38 $4190+ days and still accruing  145  10  42  60  18460-89 days past due  195  130  466  49  6130-59 days past due  1,253  230  643  159  175Current  142,305  122,256  113,705  146,710  116,044Total consumer and other $144,011 $122,642 $114,864 $147,016 $116,505Total loans, net of unearned income          Early buy-out loans guaranteed by U.S. government agencies(1) $131,335 $145,225 $145,793 $124,824 $134,067Nonaccrual  163,123  166,916  166,651  149,566  173,97790+ days and still accruing  16,148  15,833  19,157  13,066  14,86160-89 days past due  55,031  66,729  94,802  92,976  92,10830-59 days past due  135,344  284,324  264,666  194,378  163,323Current  55,153,966  53,392,265  52,414,032  51,488,672  50,463,343Total loans, net of unearned income $55,654,947 $54,071,292 $53,105,101 $52,063,482 $51,041,679 (1) Early buy-out loans are insured or guaranteed by the Federal Housing Administration or the U.S. Department of Veterans Affairs, subject to indemnifications and insurance limits for certain loans.

TABLE 14: NON-PERFORMING ASSETS (1)

 Jun 30, Mar 31, Dec 31, Sep 30, Jun 30,(Dollars in thousands) 2026   2026   2025   2025   2025 Loans past due greater than 90 days and still accruing:         Commercial$—  $—  $—  $—  $— Commercial real estate —   —   —   —   — Home equity —   —   —   —   — Residential real estate —   —   —   —   — Premium finance receivables - property & casualty 16,003   15,823   19,115   13,006   14,350 Premium finance receivables - life insurance —   —   —   —   327 Consumer and other 145   10   42   60   184 Total loans past due greater than 90 days and still accruing 16,148   15,833   19,157   13,066   14,861 Non-accrual loans:         Commercial 90,642   87,750   78,059   66,577   80,877 Commercial real estate 17,220   16,757   25,147   28,202   32,828 Home equity 1,177   1,142   1,221   1,295   1,780 Residential real estate 25,910   27,360   32,862   28,942   28,047 Premium finance receivables - property & casualty 28,061   33,891   29,354   24,512   30,404 Premium finance receivables - life insurance —   —   —   —   — Consumer and other 113   16   8   38   41 Total non-accrual loans 163,123   166,916   166,651   149,566   173,977 Total non-performing loans:         Commercial 90,642   87,750   78,059   66,577   80,877 Commercial real estate 17,220   16,757   25,147   28,202   32,828 Home equity 1,177   1,142   1,221   1,295   1,780 Residential real estate 25,910   27,360   32,862   28,942   28,047 Premium finance receivables - property & casualty 44,064   49,714   48,469   37,518   44,754 Premium finance receivables - life insurance —   —   —   —   327 Consumer and other 258   26   50   98   225 Total non-performing loans$179,271  $182,749  $185,808  $162,632  $188,838 Other real estate owned 15,940   17,439   20,839   24,832   23,615 Total non-performing assets$195,211  $200,188  $206,647  $187,464  $212,453 Total non-performing loans by category as a percent of its own respective category’s period-end balance:         Commercial 0.50%  0.49%  0.46%  0.40%  0.49%Commercial real estate 0.12   0.12   0.18   0.21   0.25 Home equity 0.24   0.24   0.25   0.27   0.38 Residential real estate 0.57   0.61   0.76   0.70   0.71 Premium finance receivables - property & casualty 0.51   0.63   0.59   0.45   0.54 Premium finance receivables - life insurance —   —   —   —   0.00 Consumer and other 0.18   0.02   0.04   0.07   0.19 Total loans, net of unearned income 0.32%  0.34%  0.35%  0.31%  0.37%Total non-performing assets as a percentage of total assets 0.26%  0.28%  0.29%  0.27%  0.31%Allowance for loan losses and unfunded lending-related commitments losses as a percentage of non-accrual loans 294.85%  282.38%  276.15%  303.67%  262.71%           (1) Excludes early buy-out loans guaranteed by U.S. government agencies. Early buy-out loans are insured or guaranteed by the Federal Housing Administration or the U.S. Department of Veterans Affairs, subject to indemnifications and insurance limits for certain loans.

Non-performing Loans Rollforward, excluding early buy-out loans guaranteed by U.S. government agencies 

 Three Months EndedSix Months Ended Jun 30, Mar 31, Dec 31, Sep 30, Jun 30,Jun 30, Jun 30,(In thousands) 2026   2026   2025   2025   2025  2026   2025 Balance at beginning of period$182,749  $185,808  $162,632  $188,838  $172,390 $185,808  $170,823 Additions from becoming non-performing in the respective period 31,070   24,969   46,198   34,805   48,651  56,039   76,372 Return to performing status (1,671)  (3,663)  (2,937)  (3,399)  (6,896) (5,334)  (8,103)Payments received (19,503)  (13,780)  (13,734)  (28,052)  (5,602) (33,283)  (21,567)Transfer to OREO or other assets —   (868)  (286)  (348)  (2,247) (868)  (2,247)Charge-offs, net (7,860)  (10,930)  (16,998)  (21,526)  (11,734) (18,790)  (20,334)Net change for premium finance receivables (5,514)  1,213   10,933   (7,686)  (5,724) (4,301)  (6,106)Balance at end of period$179,271  $182,749  $185,808  $162,632  $188,838 $179,271  $188,838                             Other Real Estate Owned

 Three Months Ended Jun 30, Mar 31, Dec 31, Sep 30, Jun 30,(In thousands) 2026   2026   2025  2025
  2025 Balance at beginning of period$17,439  $20,839  $24,832  $23,615 $22,625 Disposals/resolved (1,499)  (4,760)  (2,141)  —  — Transfers in at fair value, less costs to sell —   1,360   —   1,217  1,315 Fair value adjustments —   —   (1,852)  —  (325)Balance at end of period$15,940  $17,439  $20,839  $24,832 $23,615            Period End(In thousands)Jun 30, Mar 31, Dec 31, Sep 30, Jun 30,Balance by Property Type: 2026   2026   2025   2025  2025 Residential real estate$—  $—  $—  $— $— Commercial real estate 15,940   17,439   20,839   24,832  23,615 Total$15,940  $17,439  $20,839  $24,832 $23,615                     TABLE 15: NON-INTEREST INCOME

 Three Months EndedQ2 2026 compared to
Q1 2026
Q2 2026 compared to
Q2 2025 Jun 30, Mar 31, Dec 31, Sep 30, Jun 30,(Dollars in thousands) 2026   2026   2025   2025   2025$ Change % Change$ Change % ChangeBrokerage$4,985  $5,301  $5,384  $4,426  $4,212$(316) (6)%$773  18%Trust and asset management 34,898   36,758   33,981   32,762   32,609 (1,860) (5) 2,289  7 Total wealth management 39,883   42,059   39,365   37,188   36,821 (2,176) (5) 3,062  8 Mortgage banking 27,438   23,396   22,625   24,451   23,170 4,042  17  4,268  18 Service charges on deposit accounts 21,240   20,970   20,402   19,825   19,502 270  1  1,738  9 Gains (losses) on investment securities, net 1,845   (31)  1,505   2,972   650 1,876  NM 1,195  NMFees from covered call options 4,793   4,669   5,992   5,619   5,624 124  3  (831) (15)Trading gains (losses), net 70   10   (257)  172   151 60  NM (81) (54)Operating lease income, net 18,804   19,154   16,365   15,466   15,166 (350) (2) 3,638  24 Other:               Interest rate swap fees 3,117   4,041   4,664   3,909   3,010 (924) (23) 107  4 BOLI 3,216   948   1,915   1,591   2,257 2,268  NM 959  42 Administrative services 1,341   1,243   1,352   1,240   1,315 98  8  26  2 Foreign currency remeasurement gains (losses) 253   (368)  322   (416)  658 621  NM (405) (62)Changes in fair value on EBOs and loans held-for-investment (373)  (287)  (1,702)  1,452   172 (86) (30) (545) NMEarly pay-offs of capital leases 1,054   1,198   581   519   400 (144) (12) 654  NMMiscellaneous 18,588   17,140   17,261   16,839   15,193 1,448  8  3,395  22 Total Other 27,196   23,915   24,393   25,134   23,005 3,281  14  4,191  18 Total Non-Interest Income$141,269  $134,142  $130,390  $130,827  $124,089$7,127  5%$17,180  14%  Six Months Ended2026 compared to 2025
 Jun 30, Jun 30,(Dollars in thousands) 2026   2025$ Change % ChangeBrokerage$10,286  $8,969$1,317  15%Trust and asset management 71,656   61,894 9,762  16 Total wealth management 81,942   70,863 11,079  16 Mortgage banking 50,834   43,699 7,135  16 Service charges on deposit accounts 42,210   38,864 3,346  9 Gains on investment securities, net 1,814   3,846 (2,032) (53)Fees from covered call options 9,462   9,070 392  4 Trading gains, net 80   87 (7) (8)Operating lease income, net 37,958   30,453 7,505  25 Other:      Interest rate swap fees 7,158   5,279 1,879  36 BOLI 4,164   3,053 1,111  36 Administrative services 2,584   2,708 (124) (5)Foreign currency remeasurement (losses) gains (115)  475 (590) NMChanges in fair value on EBOs and loans held-for-investment (660)  555 (1,215) NMEarly pay-offs of capital leases 2,252   1,168 1,084  93 Miscellaneous 35,728   30,603 5,125  17 Total Other 51,111   43,841 7,270  17 Total Non-Interest Income$275,411  $240,723$34,688  14%              NM - Not meaningful.
BOLI - Bank-owned life insurance.
EBO - Early buy-out.

TABLE 16: MORTGAGE BANKING

 Three Months Ended(Dollars in thousands)Jun 30,
2026 Mar 31,
2026 Dec 31,
2025 Sep 30,
2025 Jun 30,
2025Originations:         Retail originations$660,325  $441,749  $589,139  $505,793  $523,759 Veterans First originations 174,644   152,244   208,054   137,600   157,787 Total originations for sale (A)$834,969  $593,993  $797,193  $643,393  $681,546 Originations for investment 315,487   371,540   364,988   351,012   422,926 Total originations$1,150,456  $965,533  $1,162,181  $994,405  $1,104,472 As a percentage of originations for sale:         Retail originations 79%  74%  74%  79%  77%Veterans First originations 21   26   26   21   23 Purchases 74%  52%  52%  77%  74%Refinances 26   48   48   23   26 Production Margin:         Production revenue (B)(1)$13,150  $13,028  $10,878  $15,388  $13,380 Total originations for sale (A)$834,969  $593,993  $797,193  $643,393  $681,546 Add: Current period end mandatory interest rate lock commitments to fund originations for sale(2) 171,656   218,156   122,804   307,932   163,664 Less: Prior period end mandatory interest rate lock commitments to fund originations for sale(2) 218,156   122,804   307,932   163,664   197,297 Total mortgage production volume (C)$788,469  $689,345  $612,065  $787,661  $647,913 Production margin (B / C) 1.67%  1.89%  1.78%  1.95%  2.07%Mortgage Servicing:         Loans serviced for others (D)$12,669,679  $12,534,513  $12,608,694  $12,524,131  $12,470,924 Mortgage Servicing Rights (“MSR”), at fair value (E) 201,903   195,276   195,023   190,938   193,061 Percentage of MSRs to loans serviced for others (E / D) 1.59%  1.56%  1.55%  1.52%  1.55%Servicing income$10,724  $10,353  $10,185  $10,112  $10,520 MSR Fair Value Asset Activity         MSR - FV at Beginning of Period$195,276  $195,023  $190,938  $193,061  $196,307 MSR - current period capitalization 8,745   6,434   9,150   5,829   6,336 MSR - collection of expected cash flows - paydowns (1,684)  (1,620)  (1,550)  (1,554)  (1,516)MSR - collection of expected cash flows - payoffs and repurchases (4,815)  (5,021)  (6,250)  (4,050)  (4,100)MSR - changes in fair value model assumptions 4,381   460   2,735   (2,348)  (3,966)MSR Fair Value at end of period$201,903  $195,276  $195,023  $190,938  $193,061 Summary of Mortgage Banking Revenue:         Operational:         Production revenue(1)$13,150  $13,028  $10,878  $15,388  $13,380 MSR - Current period capitalization 8,745   6,434   9,150   5,829   6,336 MSR - Collection of expected cash flows - paydowns (1,684)  (1,620)  (1,550)  (1,554)  (1,516)MSR - Collection of expected cash flows - payoffs and repurchases (4,815)  (5,021)  (6,250)  (4,050)  (4,100)Servicing Income 10,724   10,353   10,185   10,112   10,520 Other Revenue 72   (45)  (17)  (345)  (79)Total operational mortgage banking revenue$26,192  $23,129  $22,396  $25,380  $24,541 Fair Value:         MSR - changes in fair value model assumptions$4,381  $460  $2,735  $(2,348) $(3,966)(Loss) gain on derivative contract held as an economic hedge, net (3,396)  (900)  (2,425)  265   2,535 Changes in FV on early buy-out loans guaranteed by US Govt held-for-sale 261   707   (81)  1,154   60 Total fair value mortgage banking revenue$1,246  $267  $229  $(929) $(1,371)Total mortgage banking revenue$27,438  $23,396  $22,625  $24,451  $23,170  (1) Production revenue represents revenue earned from the origination and subsequent sale of mortgages, including gains on loans sold and fees from originations, changes in other related financial instruments carried at fair value, processing and other related activities, and excludes servicing fees, changes in the fair value of servicing rights and changes to the mortgage recourse obligation and other non-production revenue.
(2) Certain volume adjusted for the estimated pull-through rate of the loan, which represents the Company’s best estimate of the likelihood that a committed loan will ultimately fund.

 Six Months Ended(Dollars in thousands)Jun 30,
2026 Jun 30,
2025Originations:   Retail originations$1,102,074  $872,227 Veterans First originations 326,888   269,772 Total originations for sale (A)$1,428,962  $1,141,999 Originations for investment 687,027   640,103 Total originations$2,115,989  $1,782,102 As a percentage of originations for sale:   Retail originations 77%  76%Veterans First originations 23   24 Purchases 65%  75%Refinances 35   25 Production Margin:   Production revenue (B)(1)$26,178  $23,321 Total originations for sale (A)$1,428,962  $1,141,999 Add: Current period end mandatory interest rate lock commitments to fund originations for sale(2) 171,656   163,664 Less: Prior period end mandatory interest rate lock commitments to fund originations for sale(2) 122,804   103,946 Total mortgage production volume (C)$1,477,814  $1,201,717 Production margin (B / C) 1.77%  1.94%Mortgage Servicing:   Loans serviced for others (D)$12,669,679  $12,470,924 MSRs, at fair value (E) 201,903   193,061 Percentage of MSRs to loans serviced for others (E / D) 1.59%  1.55%Servicing income$21,077  $21,131 MSR Fair Value Asset Activity   MSR - FV at Beginning of Period$195,023  $203,788 MSR - current period capitalization 15,179   11,005 MSR - collection of expected cash flows - paydowns (3,304)  (3,106)MSR - collection of expected cash flows - payoffs and repurchases (9,836)  (7,146)MSR - changes in fair value model assumptions 4,841   (11,480)MSR Fair Value at end of period$201,903  $193,061 Summary of Mortgage Banking Revenue:   Operational:   Production revenue(1)$26,178  $23,321 MSR - Current period capitalization 15,179   11,005 MSR - Collection of expected cash flows - paydowns (3,304)  (3,106)MSR - Collection of expected cash flows - payoffs and repurchases (9,836)  (7,146)Servicing Income 21,077   21,131 Other Revenue 27   (251)Total operational mortgage banking revenue$49,321  $44,954 Fair Value:   MSR - changes in fair value model assumptions$4,841  $(11,480)(Loss) gain on derivative contract held as an economic hedge, net (4,296)  7,432 Changes in FV on early buy-out loans guaranteed by US Govt held-for-sale 968   2,793 Total fair value mortgage banking revenue$1,513  $(1,255)Total mortgage banking revenue$50,834  $43,699  (1) Production revenue represents revenue earned from the origination and subsequent sale of mortgages, including gains on loans sold and fees from originations, changes in other related financial instruments carried at fair value, processing and other related activities, and excludes servicing fees, changes in the fair value of servicing rights and changes to the mortgage recourse obligation and other non-production revenue.
(2) Certain volume adjusted for the estimated pull-through rate of the loan, which represents the Company’s best estimate of the likelihood that a committed loan will ultimately fund.

TABLE 17: NON-INTEREST EXPENSE

 Three Months EndedQ2 2026 compared to
Q1 2026
Q2 2026 compared to
Q2 2025 Jun 30, Mar 31, Dec 31, Sep 30, Jun 30,(Dollars in thousands) 2026   2026  2025   2025  2025$ Change % Change$ Change % ChangeSalaries and employee benefits:               Salaries$129,875  $129,086 $124,856  $124,623 $123,174$789  1%$6,701  5%Commissions and incentive compensation 62,463   57,407  57,117   56,244  55,871 5,056  9  6,592  12 Benefits 41,751   41,954  40,584   38,801  40,496 (203) —  1,255  3 Total salaries and employee benefits 234,089   228,447  222,557   219,668  219,541 5,642  2  14,548  7 Software and equipment 39,288   35,654  36,096   35,027  36,522 3,634  10  2,766  8 Operating lease equipment 11,187   10,987  11,034   10,409  10,757 200  2  430  4 Occupancy, net 21,153   20,566  20,105   20,809  20,228 587  3  925  5 Data processing 10,659   11,266  11,809   11,329  12,110 (607) (5) (1,451) (12)Advertising and marketing 20,432   13,218  13,792   19,027  18,761 7,214  55  1,671  9 Professional fees 9,342   7,375  8,280   7,465  9,243 1,967  27  99  1 Amortization of other acquisition-related intangible assets 4,921   4,958  4,999   5,196  5,580 (37) (1) (659) (12)FDIC insurance 11,796   10,990  11,061   11,418  10,971 806  7  825  8 FDIC insurance - special assessment (5,156)  —  (499)  —  — (5,156) (100) (5,156) (100)OREO expense, net 786   207  2,162   262  505 579  NM 281  56 Other:               Lending expenses, net of deferred origination costs 6,165   6,510  6,367   6,169  4,869 (345) (5) 1,296  27 Travel and entertainment 6,938   5,426  7,965   6,029  6,026 1,512  28  912  15 Miscellaneous 25,937   27,028  28,725   27,220  26,348 (1,091) (4) (411) (2)Total other 39,040   38,964  43,057   39,418  37,243 76  —  1,797  5 Total Non-Interest Expense$397,537  $382,632 $384,453  $380,028 $381,461$14,905  4%$16,076  4%                               Six Months Ended2026 compared to 2025
 Jun 30, Jun 30,(Dollars in thousands) 2026   2025$ Change % ChangeSalaries and employee benefits:      Salaries$258,961  $247,091$11,870  5%Commissions and incentive compensation 119,870   108,407 11,463  11 Benefits 83,705   75,569 8,136  11 Total salaries and employee benefits 462,536   431,067 31,469  7 Software and equipment 74,942   71,239 3,703  5 Operating lease equipment 22,174   21,228 946  4 Occupancy, net 41,719   41,006 713  2 Data processing 21,925   23,384 (1,459) (6)Advertising and marketing 33,650   31,033 2,617  8 Professional fees 16,717   18,287 (1,570) (9)Amortization of other acquisition-related intangible assets 9,879   11,198 (1,319) (12)FDIC insurance 22,786   21,897 889  4 FDIC insurance - special assessment (5,156)  — (5,156) (100)OREO expense, net 993   1,148 (155) (14)Other:      Lending expenses, net of deferred origination costs 12,675   10,735 1,940  18 Travel and entertainment 12,364   11,296 1,068  9 Miscellaneous 52,965   54,033 (1,068) (2)Total other 78,004   76,064 1,940  3 Total Non-Interest Expense$780,169  $747,551$32,618  4% NM - Not meaningful.

TABLE 18: SUPPLEMENTAL NON-GAAP FINANCIAL MEASURES/RATIOS

The accounting and reporting policies of Wintrust conform to generally accepted accounting principles (“GAAP”) in the United States and prevailing practices in the banking industry. However, certain non-GAAP performance measures and ratios are used by management to evaluate and measure the Company’s performance. These include taxable-equivalent net interest income (including its individual components), taxable-equivalent net interest margin (including its individual components), the taxable-equivalent efficiency ratio, tangible common equity ratio, tangible book value per common share, return on average tangible common equity, and pre-tax income, excluding provision for credit losses. Management believes that these measures and ratios provide users of the Company’s financial information a more meaningful view of the performance of the Company’s interest-earning assets and interest-bearing liabilities and of the Company’s operating efficiency. Other financial holding companies may define or calculate these measures and ratios differently.

Management reviews yields on certain asset categories and the net interest margin of the Company and its banking subsidiaries on a fully taxable-equivalent basis (“FTE”). In this non-GAAP presentation, net interest income is adjusted to reflect tax-exempt interest income on an equivalent before-tax basis using tax rates effective as of the end of the period. This measure ensures comparability of net interest income arising from both taxable and tax-exempt sources. Net interest income on a FTE basis is also used in the calculation of the Company’s efficiency ratio. The efficiency ratio, which is calculated by dividing non-interest expense by total taxable-equivalent net revenue (less securities gains or losses), measures how much it costs to produce one dollar of revenue. Securities gains or losses are excluded from this calculation to better match revenue from daily operations to operational expenses. Management considers the tangible common equity ratio and tangible book value per common share as useful measurements of the Company’s equity. The Company references the return on average tangible common equity as a measurement of profitability. Management considers pre-tax income, excluding provision for credit losses, as a useful measurement of the Company’s core net income.

 Three Months EndedSix Months Ended Jun 30, Mar 31, Dec 31, Sep 30, Jun 30,Jun 30, Jun 30,(Dollars and shares in thousands) 2026   2026   2025   2025   2025  2026   2025 Reconciliation of Non-GAAP Net Interest Margin and Efficiency Ratio:   (A) Interest Income (GAAP)$961,412  $927,560  $956,326  $963,834  $920,908 $1,888,972  $1,807,873 Taxable-equivalent adjustment:            - Loans 2,111   2,026   2,134   2,154   2,200  4,137   4,406 - Liquidity Management Assets 630   586   661   675   680  1,216   1,370 - Other Earning Assets —   —   —   —   —  —   3 (B) Interest Income (non-GAAP)$964,153  $930,172  $959,121  $966,663  $923,788 $1,894,325  $1,813,652 (C) Interest Expense (GAAP) 364,046   348,536   372,452   396,824   374,214  712,582   734,705 (D) Net Interest Income (GAAP) (A minus C) 597,366   579,024   583,874   567,010   546,694  1,176,390   1,073,168 (E) Net Interest Income (non-GAAP) (B minus C) 600,107   581,636   586,669   569,839   549,574  1,181,743   1,078,947 Net interest margin (GAAP) 3.50%  3.54%  3.52%  3.48%  3.52% 3.52%  3.53%Net interest margin, fully taxable-equivalent (non-GAAP) 3.52   3.56   3.54   3.50   3.54  3.54   3.55 (F) Non-interest income$141,269  $134,142  $130,390  $130,827  $124,089 $275,411  $240,723 (G) Gains (losses) on investment securities, net 1,845   (31)  1,505   2,972   650  1,814   3,846 (H) Non-interest expense 397,537   382,632   384,453   380,028   381,461  780,169   747,551 Efficiency ratio (H/(D+F-G)) 53.96%  53.65%  53.94%  54.69%  56.92% 53.81%  57.06%Efficiency ratio (non-GAAP) (H/(E+F-G)) 53.76   53.45   53.73   54.47   56.68  53.61   56.81  Three Months EndedSix Months Ended Jun 30, Mar 31, Dec 31, Sep 30, Jun 30,Jun 30, Jun 30,(Dollars and shares in thousands) 2026   2026   2025   2025   2025  2026   2025 Reconciliation of Non-GAAP Tangible Common Equity Ratio:   Total shareholders’ equity (GAAP)$7,525,116  $7,378,100  $7,258,715  $7,045,757  $7,225,696    Less: Non-convertible preferred stock (GAAP) (425,000)  (425,000)  (425,000)  (425,000)  (837,500)   Less: Acquisition-related intangible assets (GAAP) (885,338)  (890,698)  (895,959)  (902,936)  (908,639)   (I) Total tangible common shareholders’ equity (non-GAAP)$6,214,778  $6,062,402  $5,937,756  $5,717,821  $5,479,557    (J) Total assets (GAAP)$74,668,135  $72,157,433  $71,142,046  $69,629,638  $68,983,318    Less: Acquisition-related intangible assets (GAAP) (885,338)  (890,698)  (895,959)  (902,936)  (908,639)   (K) Total tangible assets (non-GAAP)$73,782,797  $71,266,735  $70,246,087  $68,726,702  $68,074,679    Common equity to assets ratio (GAAP) (L/J) 9.5%  9.6%  9.6%  9.5%  9.3%   Tangible common equity ratio (non-GAAP) (I/K) 8.4   8.5   8.5   8.3   8.0     Reconciliation of Non-GAAP Tangible Book Value per Common Share:   Total shareholders’ equity$7,525,116  $7,378,100  $7,258,715  $7,045,757  $7,225,696    Less: Non-convertible preferred stock (GAAP) (425,000)  (425,000)  (425,000)  (425,000)  (837,500)   (L) Total common equity$7,100,116  $6,953,100  $6,833,715  $6,620,757  $6,388,196    (M) Actual common shares outstanding 67,455   67,437   66,975   66,961   66,938    Book value per common share (L/M)$105.26  $103.10  $102.03  $98.87  $95.43    Tangible book value per common share (non-GAAP) (I/M) 92.13   89.90   88.66   85.39   81.86                 Reconciliation of Non-GAAP Return on Average Tangible Common Equity:   (N) Net income applicable to common shares$225,326  $219,021  $214,657  $188,913  $188,536 $444,347  $370,584 Add: Acquisition-related intangible asset amortization 4,921   4,958   4,999   5,196   5,580  9,879   11,198 Less: Tax effect of acquisition-related intangible asset amortization (1,304)  (1,210)  (1,310)  (1,403)  (1,495) (2,519)  (2,923)After-tax Acquisition-related intangible asset amortization$3,617  $3,748  $3,689  $3,793  $4,085 $7,360  $8,275 (O) Tangible net income applicable to common shares (non-GAAP)$228,943  $222,769  $218,346  $192,706  $192,621 $451,707  $378,859 Total average shareholders’ equity$7,474,449  $7,387,713  $7,166,608  $6,955,543  $6,862,040 $7,431,321  $6,662,598 Less: Average preferred stock (425,000)  (425,000)  (425,000)  (483,288)  (599,313) (425,000)  (506,423)(P) Total average common shareholders’ equity$7,049,449  $6,962,713  $6,741,608  $6,472,255  $6,262,727 $7,006,321  $6,156,175 Less: Average acquisition-related intangible assets (889,059)  (894,211)  (901,022)  (906,032)  (910,924) (891,620)  (913,483)(Q) Total average tangible common shareholders’ equity (non-GAAP)$6,160,390  $6,068,502  $5,840,586  $5,566,223  $5,351,803 $6,114,701  $5,242,692 Return on average common equity, annualized (N/P) 12.82%  12.76%  12.63%  11.58%  12.07% 12.79%  12.14%Return on average tangible common equity, annualized (non-GAAP) (O/Q) 14.91   14.89   14.83   13.74   14.44  14.90   14.57              Reconciliation of Non-GAAP Pre-Tax, Pre-Provision Income:     Income before taxes$317,964  $300,940  $302,223  $296,041  $267,088 $618,904  $520,143 Add: Provision for credit losses 23,134   29,594   27,588   21,768   22,234  52,728   46,197 Pre-tax income, excluding provision for credit losses (non-GAAP)$341,098  $330,534  $329,811  $317,809  $289,322 $671,632  $566,340   Three Months EndedSix Months Ended Jun 30, Mar 31, Dec 31, Sep 30, Jun 30,Jun 30, Jun 30,(Dollars and shares in thousands, except per share data)2026
 2026
 2025
 2025
 2025
2026
 2025
Reconciliation of Non-GAAP Net Income per Common Share:     Net income$233,693 $227,388 $223,024 $216,254 $195,527$461,081 $384,566Preferred stock dividends 8,367  8,367  8,367  13,295  6,991 16,734  13,982Preferred stock redemption —  —  —  14,046  — —  —(R) Net income applicable to common shares$225,326 $219,021 $214,657 $188,913 $188,536$444,347 $370,584(S) Weighted average common shares outstanding 67,434  67,246  66,970  66,952  66,931 67,341  66,829Dilutive potential common shares 852  851  1,143  1,028  888 852  903(T) Average common shares and dilutive common shares 68,286  68,097  68,113  67,980  67,819 68,193  67,732Net income per common share - Basic (R/S)$3.34 $3.26 $3.21 $2.82 $2.82$6.60 $5.55Net income per common share - Diluted (R/T)$3.30 $3.22 $3.15 $2.78 $2.78$6.52 $5.47Preferred stock series F excess one-time extended first dividend$— $— $— $4,927 $—$— $—Preferred stock redemption —  —  —  14,046  — —  —(U) Total non-recurring preferred stock offering impact (non-GAAP)$— $— $— $18,973 $—$— $—Net income per common share - Basic (non-GAAP) (R+U)/S$3.34 $3.26 $3.21 $3.11 $2.82$6.60 $5.55Net income per common share - Diluted (non-GAAP) (R+U)/T$3.30 $3.22 $3.15 $3.06 $2.78$6.52 $5.47                     WINTRUST SUBSIDIARIES

Wintrust is a financial holding company whose common stock is traded on the Nasdaq Global Select Market (Nasdaq: WTFC) that operates bank retail locations in the greater Chicago, southern Wisconsin, west Michigan, northwest Indiana, and southwest Florida market areas. Its 16 community bank subsidiaries are: Barrington Bank & Trust Company, N.A., Beverly Bank & Trust Company, N.A., Crystal Lake Bank & Trust Company, N.A., Hinsdale Bank & Trust Company, N.A., Lake Forest Bank & Trust Company, N.A., Libertyville Bank & Trust Company, N.A., Macatawa Bank, N.A., Northbrook Bank & Trust Company, N.A., Old Plank Trail Community Bank, N.A., Schaumburg Bank & Trust Company, N.A., St. Charles Bank & Trust Company, N.A., State Bank of The Lakes, N.A., Town Bank, N.A., Village Bank & Trust, N.A., Wheaton Bank & Trust Company, N.A., and Wintrust Bank, N.A.

Additionally, the Company operates various non-bank businesses:

FIRST Insurance Funding and Wintrust Life Finance, each a division of Lake Forest Bank & Trust Company, N.A., serve property and casualty and life insurance loan customers, respectively, throughout the United States.First Insurance Funding of Canada serves property and casualty insurance loan customers throughout Canada.Tricom, Inc. of Milwaukee provides high-yielding, short-term accounts receivable financing and value-added out-sourced administrative services, such as data processing of payrolls, billing and cash management services, to temporary staffing service clients located throughout the United States.Wintrust Mortgage, a division of Barrington Bank & Trust Company, N.A., engages primarily in the origination and purchase of residential mortgages for sale into the secondary market through origination offices located throughout the United States.Wintrust Investments, LLC provides a full range of private client and brokerage services to clients and correspondent banks located primarily in the Midwest.Great Lakes Advisors LLC provides money management services and advisory services to individual accounts.Wintrust Private Trust Company, N.A., a trust subsidiary, allows Wintrust to service customers’ trust and investment needs at each banking location.Wintrust Asset Finance offers direct leasing opportunities.CDEC provides Qualified Intermediary services (as defined by U.S. Treasury regulations) for taxpayers seeking to structure tax-deferred like-kind exchanges under Internal Revenue Code Section 1031.
FORWARD-LOOKING STATEMENTS

This document contains forward-looking statements within the meaning of federal securities laws. Forward-looking information can be identified through the use of words such as “intend,” “plan,” “project,” “expect,” “anticipate,” “believe,” “estimate,” “contemplate,” “possible,” “will,” “may,” “should,” “would” and “could.” Forward-looking statements and information are not historical facts, are premised on many factors and assumptions, and represent only management’s expectations, estimates and projections regarding future events. Similarly, these statements are not guarantees of future performance and involve certain risks and uncertainties that are difficult to predict, and which may include, but are not limited to, those listed below and the Risk Factors discussed under Item 1A of the Company’s 2025 Annual Report on Form 10-K and in any of the Company’s subsequent Securities and Exchange Commission filings. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and is including this statement for purposes of invoking these safe harbor provisions. Such forward-looking statements may be deemed to include, among other things, statements relating to the Company’s future financial performance, the performance of its loan portfolio, the expected amount of future credit reserves and charge-offs, delinquency trends, growth plans, regulatory developments, securities that the Company may offer from time to time, and management’s long-term performance goals, as well as statements relating to the anticipated effects on the Company’s financial condition and results of operations from expected developments or events, the Company’s business and growth strategies, including future acquisitions of banks, specialty finance or wealth management businesses, internal growth and plans to form additional de novo banks or branch offices. Actual results could differ materially from those addressed in the forward-looking statements as a result of numerous factors and uncertainties, including the following:

economic conditions and events that affect the economy, housing prices, the job market and other factors that may adversely affect the Company’s liquidity and the performance of its loan portfolios, including an actual or threatened U.S. government shutdown, debt default or rating downgrade, particularly in the markets in which it operates;negative effects suffered by us or our customers resulting from changes in U.S. or international trade policies;the extent of defaults and losses on the Company’s loan portfolio, which may require further increases in its allowance for credit losses;estimates of fair value of certain of the Company’s assets and liabilities, which could change in value significantly from period to period;the financial success and economic viability of the borrowers of our commercial loans;commercial real estate market conditions in the Chicago metropolitan area, southern Wisconsin and west Michigan;the extent of commercial and consumer delinquencies and declines in real estate values, which may require further increases in the Company’s allowance for credit losses;inaccurate assumptions in our analytical and forecasting models used to manage our loan portfolio;changes in the level and volatility of interest rates, the capital markets and other market indices that may affect, among other things, the Company’s liquidity and the value of its assets and liabilities;the interest rate environment, including a prolonged period of low interest rates or rising interest rates, either broadly or for some types of instruments, which may affect the Company’s net interest income and net interest margin, and which could materially adversely affect the Company’s profitability;competitive pressures in the financial services business which may affect the pricing of the Company’s loan and deposit products as well as its services (including wealth management services), which may result in loss of market share and reduced income from deposits, loans, advisory fees and income from other products;failure to identify and complete favorable acquisitions in the future or unexpected losses, difficulties or developments related to the Company’s recent or future acquisitions;unexpected difficulties and losses related to FDIC-assisted acquisitions;harm to the Company’s reputation;any negative perception of the Company’s financial strength;ability of the Company to raise additional capital on acceptable terms when needed;disruption in capital markets, which may lower fair values for the Company’s investment portfolio;ability of the Company to use technology to provide products and services that will satisfy customer demands and create efficiencies in operations and to manage risks associated therewith;failure or breaches of our security systems or infrastructure, or those of third parties;security breaches, including denial of service attacks, hacking, social engineering attacks, malware intrusion and similar events or data corruption attempts and identity theft;adverse effects on our information technology systems, or those of third parties, resulting from failures, human error or cyberattacks (including ransomware);adverse effects of failures by our vendors to provide agreed upon services in the manner and at the cost agreed, particularly our information technology vendors;increased costs as a result of protecting our customers from the impact of stolen debit card information;accuracy and completeness of information the Company receives about customers and counterparties to make credit decisions;ability of the Company to attract and retain senior management experienced in the banking and financial services industries;environmental liability risk associated with lending activities;the impact of any claims or legal actions to which the Company is subject, including any effect on our reputation;losses incurred in connection with repurchases and indemnification payments related to mortgages and increases in reserves associated therewith;the loss of customers as a result of technological changes allowing consumers to complete their financial transactions without the use of a bank;the soundness of other financial institutions and the impact of recent failures of financial institutions, including broader financial institution liquidity risk and concerns;the expenses and delayed returns inherent in opening new branches and de novo banks;liabilities, potential customer loss or reputational harm related to closings of existing branches;examinations and challenges by tax authorities, and any unanticipated impact of tax legislation;changes in accounting standards, rules and interpretations, and the impact on the Company’s financial statements;the ability of the Company to receive dividends from its subsidiaries;a decrease in the Company’s capital ratios, including as a result of declines in the value of its loan portfolios, or otherwise;legislative or regulatory changes, particularly changes in regulation of financial services companies and/or the products and services offered by financial services companies;changes in laws, regulations, rules, standards and contractual obligations regarding data privacy and cybersecurity;a lowering of our credit rating;changes in U.S. monetary policy and changes to the Federal Reserve’s balance sheet, including changes in response to persistent inflation or otherwise;regulatory restrictions upon our ability to market our products to consumers and limitations on our ability to profitably operate our mortgage business;increased costs of compliance, heightened regulatory capital requirements and other risks associated with changes in regulation and the regulatory environment;the impact of heightened capital requirements;increases in the Company’s FDIC insurance premiums, or the collection of special assessments by the FDIC;delinquencies or fraud with respect to the Company’s premium finance business;credit downgrades among commercial and life insurance providers that could negatively affect the value of collateral securing the Company’s premium finance loans;the Company’s ability to comply with covenants under its credit facility;fluctuations in the stock market, which may have an adverse impact on the Company’s wealth management business and brokerage operation; andwidespread outages of operational, communication, or other systems, whether internal or provided by third parties, natural or other disasters (including acts of terrorism, armed hostilities and pandemics), and the effects of climate change.
Therefore, there can be no assurances that future actual results will correspond to any forward-looking statement. The reader is cautioned not to place undue reliance on any forward-looking statement made by the Company. Any such statement speaks only as of the date the statement was made or as of such date that may be referenced within the statement. The Company undertakes no obligation to update any forward-looking statement to reflect the impact of circumstances or events after the date of the press release. Persons are advised, however, to consult further disclosures management makes on related subjects in its reports filed with the Securities and Exchange Commission and in its press releases.

CONFERENCE CALL, WEBCAST AND REPLAY

The Company will hold a conference call on Tuesday, July 21, 2026 at 10:00 a.m. (CDT) regarding second quarter and year-to-date 2026 earnings results. Individuals interested in participating in the call by addressing questions to management should register for the call to receive the dial-in numbers and unique PIN at the Conference Call Link included within the Company’s press release dated June 30, 2026 available at the Investor Relations, News and Events, News link on its website at https://www.wintrust.com. A separate simultaneous audio-only webcast link is included within the press release referenced above. Registration for and a replay of the audio-only webcast with an accompanying slide presentation will be available at https://www.wintrust.com, Investor Relations, News and Events, Events and Presentations link. The text of the second quarter and year-to-date 2026 earnings press release will also be available on the home page of the Company’s website at https://www.wintrust.com and at the Investor Relations, News and Events, News link on its website.

FOR MORE INFORMATION CONTACT:
David A. Dykstra, Vice Chairman & Chief Operating Officer
(847) 939-9000
Amy Yuhn, Executive Vice President, Communications
(847) 939-9591
Web site address: www.wintrust.com

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In AeroVironment To Contact Him Directly To Discuss Their Options

If you purchased or acquired securities in AeroVironment between 4:30 PM EST on June 24, 2025 and June 18, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

[You may also click here for additional information]

New York, New York--(Newsfile Corp. - July 20, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against AeroVironment, Inc. ("AeroVironment" or the "Company") (NASDAQ: AVAV) and reminds investors of the July 27, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.

As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) AeroVironment understated the likelihood that it would imminently face competition from other vendors for the work it performed in connection with the SCAR program and the U.S. Space Force's ongoing efforts to modernize the SCN; (2) accordingly, Defendants overstated AeroVironment's business and financial prospects; and (3) as a result, Defendants' public statements were materially false and misleading at all relevant times.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding AeroVironment's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

To learn more about the AeroVironment class action, go to www.faruqilaw.com/AVAV or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

Follow us for updates on LinkedIn, on X, or on Facebook.

Frequently Asked Questions (FAQ) for Investors Regarding the AeroVironment Securities Class Action Lawsuit:

What is the AeroVironment securities fraud lawsuit about?

The AeroVironment securities fraud lawsuit is a federal securities class action alleging that AeroVironment, Inc. (NASDAQ: AVAV) and its executives made false and misleading statements to investors by concealing that the Company faced imminent competition for its SCAR program contracts and overstating its business and financial prospects. As the truth emerged through a series of disclosures — including a U.S. government stop work order on January 20, 2026, a Space Force announcement that it was reopening the SCAR program on March 2, 2026, and AeroVironment's disclosure of a $151.3 million goodwill impairment and contract termination on March 10, 2026 — AVAV's stock price dropped sharply, causing significant losses for investors.

Who may be eligible to participate in the lawsuit?

Investors who purchased or acquired AeroVironment (AVAV) stock between June 25, 2025 and March 10, 2026 — the Class Period — and suffered financial losses may be eligible to participate in the AeroVironment securities class action. Participation as a class member does not require taking any affirmative legal action; eligible investors may recover losses simply by remaining members of the class. Whistleblowers, former AeroVironment employees, and others with relevant information about the Company's conduct are also encouraged to come forward.

What is a lead plaintiff, and how can I seek appointment?

A lead plaintiff in the AeroVironment class action is a court-appointed investor — typically the one with the largest financial interest in the case — who directs and oversees the litigation on behalf of all class members. Any AeroVironment investor who purchased AVAV stock during the Class Period may move the Court to serve as lead plaintiff through counsel of their choice. The deadline to seek lead plaintiff appointment is July 27, 2026. Importantly, choosing not to seek the lead plaintiff role does not affect an investor's ability to share in any recovery obtained for the class.

What should investors do if they purchased AeroVironment stock during the Class Period?

Investors who purchased AeroVironment (AVAV) stock between June 25, 2025 and March 10, 2026 and suffered losses should contact Faruqi & Faruqi, LLP immediately to discuss their legal rights. The deadline to seek appointment as lead plaintiff in the AeroVironment securities class action is July 27, 2026. To speak directly with securities litigation partner Josh Wilson, call 877-247-4292 or 212-983-9330 (Ext. 1310), or visit www.faruqilaw.com/AVAV for more information.

Why should investors contact Faruqi & Faruqi, LLP?

Faruqi & Faruqi, LLP has represented investors in securities litigation for decades and has recovered hundreds of millions of dollars for shareholders. Investors who purchased AeroVironment securities during the Class Period may contact the firm to discuss their legal rights, potential claims, and the lead plaintiff process at no cost or obligation.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/305836

Source: Faruqi & Faruqi LLP

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

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July 20, 2026 16:34 ET  | Source: Sun Communities, Inc.

Southfield, MI, July 20, 2026 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE: SUI) (the “Company”), a real estate investment trust ("REIT") that owns and operates, or has an interest in, manufactured housing (“MH”) and recreational vehicle (“RV”) communities (collectively, the "properties"), announces it will release second quarter 2026 operating results after the market closes on Monday, July 27, 2026. The Company will host a conference call to discuss these results on Tuesday, July 28, 2026, at 11:00 A.M. ET.

To Participate in the Conference Call:

Dial at least 5 minutes prior to start time.
U.S. and Canada: (877) 407-9039
International: (201) 689-8470

The conference call will also be available live on the Company’s website www.suninc.com.

Conference Call Replay:

U.S. and Canada: (844) 512-2921
International: (412) 317-6671
Passcode: 13760809
The replay will be accessible through August 11, 2026.

About Sun Communities, Inc.

Sun Communities, Inc. is a REIT that, as of March 31, 2026, owned, operated, or had an interest in a portfolio of 515 developed properties comprising approximately 179,000 developed sites in the United States, Canada, and the United Kingdom.

For Further Information at the Company:

Sun Communities Investor Relations Team
[email protected]
(248) 208-2500
www.suninc.com

, /PRNewswire/ --

Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Verra Mobility Corporation (NASDAQ: VRRM) between February 24, 2026 and May 26, 2026, inclusive (the "Class Period"), of the important August 4, 2026 lead plaintiff deadline.

So what: If you purchased Verra Mobility common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

What to do next: To join the Verra Mobility class action, go to https://rosenlegal.com/cases/verra-mobility-corporation-2026/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 4, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

Details of the case: According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Verra's relationship with Avis Budget Group ("Avis"), and in particular obtaining a contract extension with Avis. Further, the Company minimized concerns that major rent-a-cars could replace Verra with in-house solutions or outsourced alternatives. When the true details entered the market, the lawsuit claims that investors suffered damages. 

To join the Verra Mobility class action, go to https://rosenlegal.com/cases/verra-mobility-corporation-2026/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

     Laurence Rosen, Esq.
     Phillip Kim, Esq.
     The Rosen Law Firm, P.A.
     275 Madison Avenue, 40th Floor
     New York, NY 10016
     Tel: (212) 686-1060
     Toll Free: (866) 767-3653
     Fax: (212) 202-3827
     [email protected]
     www.rosenlegal.com

SOURCE THE ROSEN LAW FIRM, P. A.

-

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced unaudited financial results for its second quarter of 2026, which have been posted as a letter to stockholders to the investor relations section of its website. Please visit the Calix Investor Relations website at https://investor-relations.calix.com to view the letter to stockholders.

A conference call to discuss these results with President and CEO Michael Weening and CFO Cory Sindelar will be held tomorrow, July 21, 2026, at 5:30 a.m. Pacific Time / 8:30 a.m. Eastern Time.

Interested parties may listen to a live webcast of the conference call by visiting the Events section of the Calix Investor Relations website. The live conference call will be available by dialing (877) 407-4019, or international (201) 689-8337, with conference ID#13761349. Participants may also click this link for instant telephone access to the event. The link will become active approximately 15 minutes prior to the start of the conference call. The conference call and webcast will include forward-looking information.

A webcast replay of the conference call will be available following its completion and will be archived on the Calix Investor Relations website.

About Calix

Calix, Inc. (NYSE: CALX) is an AI platform company that enables service providers to transform their operations and accelerate delivery of differentiated experiences—so they can compete and win in the markets and communities they serve.

Through the AI-native Calix One platform, service providers can securely and privately activate agentic AI alongside their human teams to acquire new subscribers, grow existing subscriber revenue, and build loyalty across residential, business, municipal, and MDU markets. More than 1,200 customers of all sizes leverage the Calix One platform, which has evolved over 15 years at an investment of more than $2 billion.

Calix innovation cycles are underpinned by a strong financial balance sheet and a people‑first culture that routinely earns broad industry recognition—winning 81 culture and innovation awards since 2025 alone, as well as Fortune’s 100 Best Companies to Work For® in 2026.

Category: Financial

More News From Calix, Inc.

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, /PRNewswire/ -- Whirlpool Corporation (NYSE: WHR) will release its second-quarter financial results and presentation materials at 4:05 p.m. ET on Monday, July 27th, 2026. Whirlpool Corporation will hold a conference call to discuss its performance with the investment community at 8 a.m. ET on Tuesday, July 28th, 2026.

To participate in the conference call, dial 1 (888) 440-4038 and Conference ID 2610251. International participants should dial 1 (646) 960-0861 and Conference ID 2610251. Participants should dial in at least 10 minutes prior to the call, as they may experience longer than usual wait times.

The conference call will be webcast live on the Company's website at investors.whirlpoolcorp.com and may be accessed by clicking on the "News & Events" tab located at the top of the page, and by clicking on "Events & Presentations". To listen to the live webcast, participants should visit the site at least 15 minutes prior to the conference call to download any required streaming media software. Key financial statistics, the earnings presentation, and an archived recording of the conference call will be available on the Company's website for at least 30 days.

About Whirlpool Corporation
Whirlpool Corporation (NYSE: WHR) is a leading home appliance company, in constant pursuit of improving life at home. As the only major U.S.-based manufacturer of kitchen and laundry appliances, the company is driving meaningful innovation to meet the evolving needs of consumers through its iconic brand portfolio, including Whirlpool, KitchenAid, JennAir, Maytag, Amana, Brastemp, Consul, and InSinkErator. In 2025, the company reported approximately $16 billion in annual net sales - close to 90% of which were in the Americas - 41,000 employees, and 35 manufacturing and technology research centers. Additional information about the company can be found at WhirlpoolCorp.com.

Website Disclosure
We routinely post important information for investors on our website, WhirlpoolCorp.com, in the "Investors" section. We also intend to update the Hot Topics Q&A portion of this webpage as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Accordingly, investors should monitor the Investors section of our website, in addition to following our press releases, SEC filings, public conference calls, presentations and webcasts. The information contained on, or that may be accessed through, our webpage is not incorporated by reference into, and is not a part of, this document.

SOURCE Whirlpool Corporation

BOCA RATON, Fla.--(BUSINESS WIRE)-- #digitalbridge--DigitalBridge Group, Inc. ("DigitalBridge" or the "Company") (NYSE: DBRG), a leading global alternative asset manager dedicated to investing in digital infrastructure, today announced that it will report its financial results for the second quarter ended June 30, 2026, on Tuesday, August 4, 2026. In light of the proposed transaction with SoftBank Group Corp., and as is customary during the pendency of an acquisition, DigitalBridge will not be hosting a confere.

Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Badger Meter (BMI) To Contact Him Directly To Discuss Their Options

If you purchased or acquired Badger Meter common stock between April 18, 2024 and April 16, 2026 and would like to discuss your legal rights, contact Bragar Eagel & Squire partners Brandon Walker or Melissa Fortunato by email at [email protected] or by telephone at (212) 355-4648.

Click here to participate in the action.

NEW YORK, July 20, 2026 (GLOBE NEWSWIRE) --

What’s Happening?

Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Badger Meter, Inc. (“Badger Meter” or the “Company”) (NYSE:BMI) in the United States District Court for the Southern District of New York on behalf of all persons and entities who purchased or otherwise acquired Badger Meter common stock between April 18, 2024 and April 16, 2026, both dates inclusive (the “Class Period”). Investors have until August 3, 2026 to apply to the Court to be appointed as lead plaintiff in the lawsuit. What are the Allegation Details?

According to the complaint, during the class period, defendants told investors that Badger Meter’s strong financial results reflected “ongoing favorable industry trends,” “secular growth drivers,” and “solid operating execution.” They likewise touted “strong” demand and said they were seeing “robust order pacing and a strong bid pipeline that positions us well for continued sales and earnings growth,” and that Badger Meter possessed a “long runway” for growth.In truth, rather than reflecting durable, demand-driven growth, Badger Meter’s financial results were driven by the Company’s practice of pulling forward customer orders, which concealed weakening demand and deteriorating near-term order trends.The truth was revealed to investors over the course of a series of disappointing quarterly financial reports between July 2025 and April 2026. In the last disclosure on April 17, 2026, Badger Meter reported disappointing 1Q 2026 financial results including that total sales were “9% lower than the prior year[],” “[u]tility water sales declined 10% year-over-year,” “[o]perating earnings of $35.2 million, with an operating margin of 17.4%, compared to operating earnings of $49.4 million and an operating margin of 22.2% in the prior year,” and “[d]iluted earnings per share (EPS) of $0.93, down from $1.30 in the first quarter of 2025.” On this news, the price of Badger Meter stock fell $36.75 per share, more than 24%, from $152.29 per share on April 16, 2026, to $115.54 per share on April 17, 2026. What are my Next Steps?

If you purchased or otherwise acquired Badger Meter shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at [email protected], telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you. About Bragar Eagel & Squire, P.C.:

Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, South Carolina, and California. The firm represents individual and institutional investors in securities, derivative, and commercial litigation as well as individuals in consumer protection and data privacy litigation. The firm has a nationwide practice and routinely handles cases in both federal and state courts. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.

Follow us for updates on LinkedIn and Facebook, and keep up with other news by following Brandon Walker, Esq. on LinkedIn.

Contact Information:

Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.

Melissa Fortunato, Esq.
(212) 355-4648
[email protected]
www.bespc.com

BIRMINGHAM, Ala., July 20, 2026 (GLOBE NEWSWIRE) -- ServisFirst Bancshares, Inc., (NYSE: SFBS) (“ServisFirst”), the holding company for ServisFirst Bank, today announced that its Board of Directors declared a two-for-one common stock split in the form of a stock dividend. The stock dividend will be payable August 20, 2026 to stockholders of record as of August 5, 2026. Holders of ServisFirst's common stock as of the record date will receive one additional share for every share held on the record date of August 5, 2026.

As a result of the stock split, the total number of shares of common stock outstanding will increase from approximately 54.7 million to approximately 109.3 million. The additional shares of common stock are expected to be distributed on or about August 20, 2026 by ServisFirst's transfer agent, Computershare, and begin trading on a post-split basis on or about August 21, 2026.

About ServisFirst Bancshares, Inc.

ServisFirst Bancshares, Inc. is a bank holding company based in Birmingham, Alabama. Through its subsidiary ServisFirst Bank, ServisFirst Bancshares, Inc. provides business and personal financial services from locations in Alabama, Florida, Georgia, North and South Carolina, Tennessee, Texas and Virginia. Through the Bank, we originate commercial, consumer and other loans and accept deposits, provide electronic banking services, such as online and mobile banking, including remote deposit capture, deliver treasury and cash management services and provide correspondent banking services to other financial institutions. ServisFirst Bancshares, Inc. files periodic reports with the U.S. Securities and Exchange Commission (SEC). Copies of its filings may be obtained through the SEC’s website at www.sec.gov or at www.servisfirstbank.com.

More information about ServisFirst Bancshares, Inc. may be obtained over the Internet at www.servisfirstbank.com or by calling (205) 949-0302.

Magnolia Oil & Gas Corporation (MGY) M&A Call Transcript

Planet Fitness

Franchise Equity Partners Logo Investment Advances Planet Fitness' Commitment to Providing Accessible and Affordable Fitness Internationally and Targets Over 135 Planet Fitness Clubs Throughout Australia

, /PRNewswire/ -- Planet Fitness, Inc. (NYSE: PLNT), one of the largest and fastest-growing franchisors and operators of fitness centers with more members than any other fitness brand, and Franchise Equity Partners (FEP), a private investment firm on a mission to create long-term partnerships with quality franchisees and franchisors, today announced that FEP has acquired Bravo Fit, the Planet Fitness franchisee in Australia, from existing shareholders including Planet Fitness, which has exited its minority ownership position as a result of the transaction. As part of the agreement, Bravo Fit's management team will continue to lead the business and oversee its future growth in the region.

Bravo Fit, which has been central to bringing the brand's Judgement Free® model to members across the country, currently operates 32 Planet Fitness clubs and holds exclusive area development rights for up to approximately 100 clubs across Victoria, New South Wales, South Australia, Queensland, and the Australian Capital Territory. The transaction provides Bravo Fit with flexible, strategic capital to accelerate club expansion and continue investing in the member experience, while preserving the premier operating culture the team has built.

The acquisition marks FEP's first investment in an Australian-headquartered business and follows FEP's January 2026 acquisition of IMO Car Wash, a UK-headquartered business with operations in Australia.

"We are thrilled by the performance of the Planet Fitness brand in Australia since first entering the market seven years ago," said Colleen Keating, Chief Executive Officer at Planet Fitness. "We partnered with Bravo Fit initially to bring our brand promise of high-value, low-price fitness to the region, and our model has resonated well in the country. The success we've seen to date demonstrates one of the ways we can successfully deploy capital in a disciplined and focused manner to drive Planet Fitness' expansion in international markets. The sale of our ownership stake in Bravo Fit to FEP validates our approach, and we are confident that FEP and Bravo Fit will continue to further scale Planet Fitness' presence and growth in Australia."

"Bravo Fit is exactly the kind of partner FEP is built to support: a proven operator with a clear runway in a high-quality, globally recognized franchise system," said David O'Donnell, Managing Director, Head of Investments at FEP. "We have established experience with Planet Fitness as a minority partner in a U.S.-based franchise group, and we are excited by the opportunity to become a full-scale franchise owner in one of the world's most attractive fitness markets. Our flexible capital and experience scaling franchise businesses are designed to help the management team accelerate that buildout while preserving the operating discipline and member focus that have made Bravo Fit successful."

For Bravo Fit's founding team, the partnership with FEP marks the next chapter in a business built around long-term conviction in the Planet Fitness franchise model and the Australian market.

"This partnership with FEP is an important milestone for our entire team," said Danielle Monroy, Chief Executive Officer of Bravo Fit. "Over the past several years we have built a business defined by operational discipline and a genuine commitment to our members and our people. We look forward to benefitting from FEP's expertise in scaling franchises as we work to open clubs faster, invest in our team and continue bringing the Planet Fitness brand and experience to more communities across Australia — without compromising the standards that have gotten us here."

In connection with the transaction, Rob Coombe will serve as Chairman of Bravo Fit. Mr. Coombe is a senior Australian executive with more than 40 years of experience across financial services and consumer businesses, including as former Chief Executive Officer of BT Financial Group and as former Chief Executive Officer and Chairman of Craveable Brands, one of Australia's largest franchised quick-service restaurant operators.

FEP partners with leading franchisees and franchisors across multi-unit consumer-related sectors, providing flexible capital to support growth, ownership simplification, succession, and estate planning. With the addition of Bravo Fit, FEP further diversifies its portfolio internationally in a manner consistent with its core strategy.

Terms of the transaction were not disclosed. FEP was advised by Mallesons, PwC, and Davis Wright Tremaine LLP. The Bravo Fit shareholders were advised by Hall & Wilcox and Intrepid Investment Bankers.

For more information about Franchise Equity Partners, please visit https://www.fep-us.com/.

About Planet Fitness: Founded in 1992 in Dover, NH, Planet Fitness is one of the largest and fastest-growing franchisors and operators of fitness centers in the world by number of members and locations. As of March 31, 2026, Planet Fitness had approximately 21.5 million members and 2,909 clubs in all 50 states, the District of Columbia, Puerto Rico, Canada, Panama, Mexico, Australia and Spain. The Company's mission is to enhance people's lives by providing a high-quality fitness experience in a welcoming, non-intimidating environment, which we call the Judgement Free Zone®. Approximately 90% of Planet Fitness clubs are owned and operated by independent business owners.

About Franchise Equity Partners: Franchise Equity Partners is a private investment firm specializing in providing capital to franchise businesses and their owners. Its differentiated approach combines extensive corporate finance and operating experience with approximately $1.5 billion in assets under management to facilitate investment in growth, ownership simplification, succession and estate planning, and other strategic business opportunities. To learn more about Franchise Equity Partners, please visit www.fep-us.com or follow the firm on LinkedIn.

About Bravo Fit: Bravo Fit is the Planet Fitness franchisee in Australia, operating clubs across Victoria, New South Wales, South Australia, Queensland and the Australian Capital Territory under exclusive area development rights. Founded by a team of experienced multi-unit operators, Bravo Fit is dedicated to delivering an accessible, high-quality and welcoming fitness experience to members across the country.

SOURCE Planet Fitness, Inc.

July 20, 2026 16:05 ET  | Source: CBIZ, Inc

CLEVELAND, July 20, 2026 (GLOBE NEWSWIRE) -- CBIZ, Inc. (NYSE: CBZ) (the “Company”), a leading professional services advisor to the middle market, will announce its financial results for the second quarter and first half ended June 30, 2026, after markets close on Wednesday, July 29, 2026.

CBIZ President and Chief Executive Officer Jerry Grisko and Chief Financial Officer Brad Lakhia will host a conference call at 5:00 p.m. ET on Wednesday, July 29, 2026, to discuss the Company’s financial results. The conference call will be webcast live and archived on the investor relations page of the CBIZ website at https://cbiz.gcs-web.com/investor-overview.

Investors can register at https://dpregister.com/sreg/10210297/10463b768f5 to receive the dial-in number and a unique personal identification number. Registration will be open throughout the live call, although participants are encouraged to join approximately 10 minutes before the start time to avoid delays.

About CBIZ
CBIZ, Inc. (NYSE: CBZ) is a leading professional services advisor to middle-market businesses nationwide. With industry knowledge and expertise in accounting, tax, advisory, benefits, insurance, and technology, CBIZ delivers actionable insights to help clients anticipate what is next and discover new ways to accelerate growth. CBIZ has more than 9,500 team members across 23 major markets coast to coast. For more information, visit www.cbiz.com. 

Contact:
Investor Relations: Chris Sikora, VP, Investor Relations & Corporate Finance, [email protected]
Media: Amy McGahan, Director of Corporate & Strategic Communications, [email protected]
CBIZ, Inc., Cleveland, Ohio, (216) 447-9000

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OKLAHOMA CITY--(BUSINESS WIRE)--Gulfport Energy Corporation (NYSE: GPOR) announced today that it will host a teleconference and webcast to discuss its second quarter 2026 financial and operating results beginning at 10:00 a.m. ET (9:00 a.m. CT) on Tuesday, August 4, 2026. Gulfport plans to announce second quarter 2026 results on Monday, August 3, 2026, after market close.

The conference call can be heard live through a link on the Gulfport website, www.gulfportenergy.com. In addition, you may participate in the conference call by dialing 866-373-3408 domestically or 412-902-1039 internationally. A replay of the conference call will be available on the Gulfport website and a telephone audio replay will be available from August 4, 2026 to August 18, 2026, by calling 877-660-6853 domestically or 201-612-7415 internationally and then entering the replay passcode 13761877.

About Gulfport

Gulfport is an independent, natural gas-weighted exploration and production company focused on the exploration, acquisition and production of natural gas, crude oil and NGL in the United States with primary focus in the Appalachia and Anadarko basins. Our principal properties are located in eastern Ohio targeting the Utica and Marcellus formations and in central Oklahoma targeting the SCOOP Woodford and SCOOP Springer formations.

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CORAL GABLES, Fla.--(BUSINESS WIRE)--MasTec, Inc. (NYSE: MTZ) today announced that it has closed its previously announced acquisition of Electrical Specialists, Inc., d/b/a The Superior Group (“Superior”), a premier full-service electrical contractor focused on critical infrastructure, in a cash and stock transaction valued at approximately $1.65 billion, subject to customary purchase price adjustments and a potential cash earnout payment based on Superior’s post-closing performance (the “Transaction”). The cash portion of the purchase price was funded with cash on hand, drawings under MasTec’s existing credit facility and drawings under two previously disclosed delayed draw term loan facilities entered into in connection with the Transaction.

Jose Mas, MasTec's Chief Executive Officer, commented, “We are pleased to officially welcome Bryan Stewart and the approximately 3,000 Superior team members to the MasTec family. We believe that the addition of Superior and its experienced leadership team, coupled with MasTec's existing operations, positions MasTec to serve the compelling and ongoing buildout of data center, power and mission-critical infrastructure, both outside and inside the fence.”

Mr. Mas continued, “This acquisition further advances MasTec’s strategy of building a scaled infrastructure capacity platform that is positioned to serve accelerating demand for data center, power and other mission-critical infrastructure through a transaction that demonstrates our commitment to disciplined capital allocation.”

About MasTec

MasTec, Inc. is a leading North American infrastructure engineering and construction company focused primarily on engineering, building, installation, maintenance and upgrade of communications, energy and utility and other infrastructure. MasTec primarily operates under four business segments including Communications, serving both wireless and wireline/fiber infrastructure; Power Delivery, serving primarily utility customers in transmission and distribution markets; Pipeline Infrastructure serving energy and other customers with installation and maintenance services primarily for natural gas pipeline and distribution infrastructure; and Clean Energy and Infrastructure, providing renewable energy engineering and construction services, as well as for heavy civil and other industrial infrastructure markets. Learn more at www.mastec.com.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act. Forward-looking statements include, but are not limited to, statements relating to expectations regarding the future financial and operational performance of MasTec or Superior; expectations regarding the projected impact and benefits of Superior on MasTec's operating or financial results; expectations regarding MasTec's or Superior’s business or financial outlook; expectations regarding MasTec's plans, strategies and opportunities; expectations regarding opportunities, technological developments, competitive positioning, future economic conditions and other trends in particular markets or industries; the potential strategic benefits and synergies expected from the acquisition of Superior; MasTec's ability to successfully integrate the operations of Superior; the impact of inflation on MasTec's costs and the ability to recover increased costs, as well as other statements reflecting expectations, intentions, assumptions or beliefs about future events and other statements that do not relate strictly to historical or current facts. These statements are based on currently available operating, financial, economic and other information, and are subject to a number of significant risks and uncertainties. A variety of factors in addition to those mentioned above, many of which are beyond our control, could cause actual future results to differ materially from those projected in the forward-looking statements. Other factors that might cause such a difference include, but are not limited to: our ability to manage projects effectively and in accordance with our estimates, as well as our ability to accurately estimate the costs associated with our fixed price and other contracts, including any material changes in estimates for completion of projects and estimates of the recoverability of change orders; market conditions, including rising or elevated levels of inflation or interest rates, regulatory or policy changes, including permitting processes, tax incentives and government funding programs that affect us or our customers' industries, access to capital, material and labor costs, supply chain issues and technological developments, all of which may affect demand for our services; changes to governmental programs and spending policies, changes to the amounts provided for under the Infrastructure Investment and Jobs Act and/or Inflation Reduction Act, including the potential for reduced support for renewable energy projects, such as a result of the One Big Beautiful Bill Act, or changes in U.S. or foreign tax laws, statutes, rules, regulations or ordinances; tariff and trade actions, including retaliatory trade actions, by the United States (U.S.) and/or other countries on U.S. exports or bans by foreign countries on certain of their exports; project delays due to permitting processes, compliance with environmental and other regulatory requirements and challenges to the granting of project permits, which could cause increased costs and delayed or reduced revenue; the effect on demand for our services of changes in the amount of capital expenditures by our customers due to, among other things, economic conditions, including potential economic downturns, inflationary issues, tariff effects, the availability and cost of financing, supply chain disruptions, climate-related matters, customer consolidation in the industries we serve and/or the effects of public health matters; activity in the industries we serve and the impact on the expenditure levels of our customers of, among other items, fluctuations in commodity prices, including for fuel and energy sources, fluctuations in the cost of materials, labor, supplies or equipment, and/or supply-related issues that affect availability or cause delays for such items; the outcome of our plans for future operations, growth and services, including business development efforts, backlog, acquisitions and dispositions; risks related to completed or potential acquisitions, including our ability to integrate acquired businesses within expected timeframes, including their business operations, internal controls and/or systems, which may be found to have material weaknesses, and our ability to achieve the revenue, cost savings and earnings levels from such acquisitions at or above the levels projected, as well as the risk of potential asset impairment charges and write-downs of goodwill; our ability to attract and retain qualified personnel, key management and skilled employees, including from acquired businesses, our ability to enforce any noncompetition agreements, and our ability to maintain a workforce based upon current and anticipated workloads; any material changes in estimates for legal costs or case settlements or adverse determinations on any claim, lawsuit or proceeding; the adequacy of our insurance, legal and other reserves; adverse climate and weather events, such as the risk of wildfires, that increase operational and legal risks in certain locations where we perform services, could increase the potential liability and related costs associated with such operations; the highly competitive nature of our industry and the ability of our customers, including our largest customers, to terminate or reduce the amount of work, or in some cases, the prices paid for services, on short or no notice under our contracts, and/or customer disputes related to our performance of services and the resolution of unapproved change orders; the effect of regulatory initiatives, including risks related to and the costs of compliance with existing and potential future sustainability requirements, including with respect to climate-related matters; the timing and extent of fluctuations in operational, geographic and weather factors, including from climate-related events, that affect our customers, projects and the industries in which we operate; requirements of and restrictions imposed by our credit facility, term loans, senior notes and any future loans or securities; systems and information technology interruptions and/or data security breaches that could adversely affect our ability to operate, our operating results, our data security or our reputation, or other cybersecurity-related matters; our dependence on a limited number of customers and our ability to replace non-recurring projects with new projects; risks associated with potential environmental issues and other hazards from our operations; disputes with, or failures of, our subcontractors to deliver agreed-upon supplies or services in a timely fashion, and the risk of being required to pay our subcontractors even if our customers do not pay us; risks related to our strategic arrangements, including our equity investments; risks associated with volatility of our stock price or any dilution or stock price volatility that shareholders may experience, including as a result of shares we may issue as purchase consideration in connection with acquisitions, or as a result of other stock issuances; our ability to obtain performance and surety bonds; risks associated with operating in or expanding into additional international markets, including risks from increased tariffs, fluctuations in foreign currencies, foreign labor and general business conditions and risks from failure to comply with laws applicable to our foreign activities and/or governmental policy uncertainty; risks related to our operations that employ a unionized workforce, including labor availability, productivity and relations, as well as risks associated with multiemployer union pension plans, including underfunding and withdrawal liabilities; risks associated with our internal controls over financial reporting; risks related to a small number of our existing shareholders having the ability to influence major corporate decisions, as well as other risks detailed in our filings with the Securities and Exchange Commission. We believe these forward-looking statements are reasonable; however, you should not place undue reliance on any forward-looking statements, which are based on current expectations. Furthermore, forward-looking statements speak only as of the date they are made. If any of these risks or uncertainties materialize, or if any of our underlying assumptions are incorrect, our actual results may differ significantly from the results that we express in, or imply by, any of our forward-looking statements. These and other risks are detailed in our filings with the Securities and Exchange Commission. We do not undertake any obligation to publicly update or revise these forward-looking statements after the date of this press release to reflect future events or circumstances, except as required by applicable law. We qualify any and all of our forward-looking statements by these cautionary factors.

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Today's Change

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19.59

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0.87

Current Price

$

5.31

Archer Aviation (ACHR +19.59%), an eVTOL aircraft developer and urban air mobility operator, closed at $5.31, up 19.59%. Shares jumped after Archer and Anduril unveiled Thunder, a Group 5 autonomous attack rotorcraft. Investors are watching commercial partner announcements and defense demand next. Trading volume reached 95.7M shares, coming in about 125% above its three-month average of 42.6M shares. Archer Aviation IPO'd in 2020 and has fallen 47% since going public.

How the markets moved todayS&P 500 (^GSPC 0.19%) slipped 0.17% to 7,445, while the Nasdaq Composite (^IXIC 0.05%) edged down 0.05% to 25,508. Among aerospace and defense peers focused on electric vertical takeoff and landing aircraft development and manufacturing, Joby Aviation closed at $7.47, up 3.32%, and Vertical Aerospace ended at $1.61, up 8.78%.

What this means for investorsArcher and promising private defense unicorn Anduril paired to develop a hybrid-electric VTOL platform that the companies believe will usher in the next generation of vertical lift capabilities for both commercial and defense customers. Shane Arnott, the SVP of Maneuver Dominance at Anduril, explained, “The clean-sheet, dual-use platform that we’ve built with Archer truly represents a step change in capability.”

The companies are planning for Thunder’s first flight in 2027, and Archer plans to announce its first commercial customers for the new platform later this week.

Despite today’s pop, Archer is still down 55% over the last year, and its $4 billion market cap could prove far too small if eVTOLs become commonplace over the coming decades. That said, it is going to be a highly volatile ride, and profitability is likely years away at best, so if you like the stock’s prospects, I’d advise making small bets over time, rather than going “all-in” in one purchase.

July 20, 2026 17:59 ET  | Source: AMR Resources Acquisition Corp

George Town, Cayman Islands, July 20, 2026 (GLOBE NEWSWIRE) -- AMR Resources Acquisition Corp (Nasdaq: AMACU) (the “Company”) today announced that it closed its initial public offering (the “IPO”) of 26,000,000 units at $10.00 per unit, including the issuance of 1,000,000 units as result of the underwriter’s partial exercise of its over-allotment option. The gross proceeds from the offering were $260 million before deducting underwriting discounts and estimated offering expenses. The units began trading on the Global Market tier of The Nasdaq Stock Market LLC (“Nasdaq”) under the ticker symbol “AMACU” on July 17, 2026.

Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. Each whole warrant entitles the holder to purchase one Class A ordinary share of the Company at a price of $11.50 per share. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols “AMAC” and “AMACW”, respectively.

The Company intends to use the net proceeds from the offering, and the simultaneous private placements of units, to consummate the Company’s initial business combination.

BTIG, LLC acted as the sole book-running manager in the offering.

A registration statement relating to the securities has been filed with the U.S. Securities and Exchange Commission (“SEC”) and became effective on July 16, 2026. The offering was made only by means of a prospectus, copies of which may be obtained from BTIG, LLC, Attn: Capital Markets, 65 East 55th Street, New York, New York 10022, or by email at [email protected], or from the SEC’s website at www.sec.gov.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About AMR Resources Acquisition Corp

The Company is a blank check company incorporated as an exempted company under the laws of the Cayman Islands, which will seek to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. While it may pursue an acquisition opportunity in any business, industry, sector or geographical location, it intends to focus on industries that complement the management team’s and board of director’s background and network, and to capitalize on the ability of its management team and board of directors to identify and acquire a business, focusing on the mineral resources sector. AMR Resources Sponsors LLC is the company sponsor.

Forward-Looking Statements

This press release includes forward-looking statements that involve risks and uncertainties, including with respect to the anticipated use of the net proceeds thereof and the Company’s search for an initial business combination. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based. No assurance can be given that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Registration Statement and related prospectus filed in connection with the IPO with the SEC. Copies are available on the SEC’s website, www.sec.gov.

Contact:

AMR Resources Acquisition Corp
71 Fort Street, PO Box 500
Grand Cayman, Cayman Islands, KY1-1106
Telephone: (302) 202-1553
E-mail: [email protected]

Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact , /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400, S&P SmallCap 600: 

S&P SmallCap 600 constituent Krystal Biotech Inc. (NASD: KRYS) will replace Taylor Morrison Home Corp. (NYSE: TMHC) in the S&P MidCap 400, and Tutor Perini Corp. (NYSE: TPC) will replace Krystal Biotech in the S&P SmallCap 600 effective prior to the opening of trading on Friday, July 24. S&P 500 & 100 constituent Berkshire Hathaway Inc. (NYSE: BRK.A/BRK.B) is acquiring Taylor Morrison Home in a deal expected to close on or about that date, pending final closing conditions.
   V2X Inc. (NYSE: VVX) will replace Avanos Medical Inc. (NYSE: AVNS) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, July 27. American Industrial Partners is acquiring Avanos Medical in a deal expected to close soon, pending final closing conditions. Following is a summary of the changes that will take place prior to the open of trading on the effective date:

Effective Date

Index Name

Action

Company Name

Ticker

GICS Sector

July 24, 2026

S&P MidCap 400

Addition

Krystal Biotech

KRYS

Health Care

July 24, 2026

S&P MidCap 400

Deletion

Taylor Morrison Home

TMHC

Consumer Discretionary

July 24, 2026

S&P SmallCap 600

Addition

Tutor Perini Corp

TPC

Industrials

July 24, 2026

S&P SmallCap 600

Deletion

Krystal Biotech

KRYS

Health Care

July 27, 2026

S&P SmallCap 600

Addition

V2X

VVX

Industrials

July 27, 2026

S&P SmallCap 600

Deletion

Avanos Medical

AVNS

Health Care

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S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spglobal.com/spdji/en/. 

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Domino's Pizza, Inc. (DPZ) Q2 2026 Earnings Call Transcript

Net income of $24.7 million, up $1.7 million or 7.3% compared to the second quarter of 2025; resulting in basic earnings per common share of $36.77 and diluted earnings per common share of $36.39, up 10.47% compared to the second quarter of 2025;Achieved an annualized return on average assets of 1.71% and return on average equity of 14.84%;Basic earnings per common share of $141.71 over the trailing twelve months, up 11.57% from $127.01 over the trailing period a year ago and up 20.37% versus $117.73 for the same period two years ago;Diluted earnings per common share of $139.94 over the trailing twelve months, up 10.30% from $126.87 over the same trailing period a year ago and up 18.9% versus $117.73 for the same period two years ago;Tangible book value per common share increased 15.38% to $963.82 compared to $835.33 as of June 30, 2025;Net interest income of $57.4 million, up $3.5 million, or 6.46%, compared to the second quarter of 2025; net interest margin (tax equivalent basis) of 4.20%, up from 4.07% in the second quarter of 2025;Total loans and leases grew $80.2 million, or 2.2%, to $3.70 billion, and deposits grew $332.6 million, or 7.0%, to $5.09 billion as of June 30, 2026 compared to June 30, 2025;Capital position strengthened with a total risk-based capital ratio of 16.04%, common equity tier 1 ratio of 14.56%, tier 1 leverage ratio of 11.68% and a tangible common equity ratio of 11.45%;Credit quality remained resilient during the quarter with an allowance for credit losses on gross loans and leases of 2.08%; net charge offs for the quarter of $165,000, a provision for credit losses of $500,000 and non-accrual loans of $2.7 million at quarter-end.
LODI, Calif., July 20, 2026 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp (OTCQX: FMCB) (the “Company” or “FMCB”), the parent company of Farmers & Merchants Bank of Central California (the “Bank” or “F&M Bank”), reported record second quarter net income of $24.7 million, or $36.39 per diluted common share, up 10.47% when compared with $23.1 million, or $32.94 per diluted common share, for the second quarter of 2025. The annualized return on average assets was 1.71% and the return on average equity was 14.84% for the second quarter of 2026. Tangible book value per common share increased to $963.82 at June 30, 2026, up 15.38% compared with $835.33 as of June 30, 2025.

Net income for the first six months of 2026 was $48.8 million up $2.7 million or 5.95% compared to $46.1 million in the same period a year ago. The annualized return on average assets was 1.70% and the return on average equity was 14.75% for the first half of 2026.

Net income over the trailing twelve months was $96.3 million compared with $90.0 million for the same trailing period a year earlier. Diluted earnings per common share over the trailing twelve months totaled $139.94, up 10.30% compared with $126.87 for the same trailing period a year ago and up 18.9% compared with $117.73 for the same period two years ago. Basic earnings per common share over the trailing twelve months totaled $141.71, up 11.57% compared with $127.01 for the same trailing period a year ago and up 20.37% compared with $117.73 for the same period two years ago.

CEO Commentary

Kent Steinwert, Farmers & Merchants Bancorp’s Chairman, President and Chief Executive Officer, stated, “We are very pleased with the Company’s financial performance in the second quarter of 2026 highlighted by another record quarter with net income of $24.7 million and a return on average assets of 1.71% and return on average equity of 14.84%. We achieved these impressive results while continuing to maintain a strong liquidity position and balance sheet at quarter-end with $278.6 million in cash, $1.6 billion in investment securities of which $932.8 million are available-for-sale, no borrowings and access to $2.1 billion in borrowing capacity. Capital levels continued to strengthen and were significantly above the regulatory thresholds for “well-capitalized” banks at quarter-end. Deposits increased $332.6 million or 7.0% compared to June 30, 2025 as we continued our focus on growing deposits with both our longstanding established client relationships while developing new client relationships. We also experienced solid loan growth of $87.0 million or 2.4% for the quarter. Overall credit quality remained resilient during the second quarter of 2026. Our Company remains in excellent financial condition at quarter-end and should be well positioned to navigate the challenges ahead as we have for the past 110 years.”

Earnings

Net interest income for the quarter ended June 30, 2026 was $57.4 million compared with $53.9 million in the same quarter in 2025 and $56.9 million in the first quarter of 2026. Net interest income for the six months ended June 30, 2026 was $114.3 million, an increase of $7.2 million, or 6.8%, when compared with $107.0 million for the same period in 2025. The Company’s net interest margin (tax equivalent basis) increased to 4.22% for the six months ended June 30, 2026 compared with 4.13% for the same period in 2025. Loan yields increased 3 basis points to 6.10% and the cost of average total deposits decreased 6 basis points to 1.19% for the six months ended June 30, 2026 compared to the same period in 2025. The primary driver for the increase in the net interest margin was related to the 46 basis point increase in yield on the investment securities portfolio to 3.71% during the six months ended June 30, 2026 compared to 3.25% for the same period in 2025. In addition, the average balances of the investment security portfolio increased $349.3 million for the six months ended June 30, 2026 compared to the six months ended 2025. Non-interest income was $5.0 million for the second quarter of 2026, down slightly from $5.5 million for the second quarter of 2025. Non-interest expense was $28.1 million for the quarter ended June 30, 2026, up $1.5 million from $26.7 million compared to the quarter ended June 30, 2025, primarily due to an increase of $0.9 million in non-recurring professional fees. As a result, the efficiency ratio for the second quarter of 2026 was 45.1%, up slightly from 44.9% in the second quarter of 2025. Despite the increase in operating expenses, primarily due to non-recurring professional fees during the quarter, net income increased $1.7 million or 7.3% to $24.7 million for the second quarter of 2026 compared to the second quarter of 2025.

Balance Sheet

Total assets at quarter-end were $5.8 billion, up 6.5% from $5.5 billion as of June 30, 2025. Total cash and cash equivalents were $278.6 million, down slightly from $291.8 million as of June 30, 2025. Total loans and leases outstanding were $3.7 billion, an increase of $80.2 million, or 2.2%, from June 30, 2025. As of June 30, 2026, the Company’s total investment securities portfolio was $1.6 billion, an increase of $307.4 million from June 30, 2025. The portfolio is comprised of $932.8 million in available-for-sale securities and $696.5 million in held-to-maturity securities. Total deposits increased $332.6 million, or 7.0%, to $5.1 billion at June 30, 2026 compared to June 30, 2025. The Company’s loan to deposit ratio was 73.1% as of June 30, 2026, down from 76.4% as of June 30, 2025, as deposit growth outpaced loan growth.

Credit Quality

The Company’s credit quality remained solid during the second quarter of 2026 with a negligible delinquency ratio of only 0.1% of gross loans and leases. Total special mention loans and substandard loans were $17.6 million and $3.1 million as of June 30, 2026 compared to $29.1 million and $1.4 million as of June 30, 2025, respectively. Net charge-offs were $165,000 or 0.005% of average loans and leases in the second quarter of 2026 compared to net charge-offs of $544,000 or 0.015% for the second quarter of 2025. The total allowance for credit losses on total loans and leases and unfunded commitments was $80.6 million as of June 30, 2026, compared to $79.7 million as of December 31, 2025. The allowance for credit losses on gross loans and leases increased by $0.9 million to $77.3 million, or 2.08%, as of June 30, 2026 compared with $76.4 million, or 2.08%, as of December 31, 2025. A provision for credit losses of $500,000 was recorded during the second quarter of 2026 compared to a $1.4 million provision during the second quarter of 2025. Provision for credit losses totaled $1.0 million for the first six months of 2026 compared to $1.7 million in the first six months of 2025.

Capital

The Company’s regulatory capital ratios continued to strengthen during the second quarter of 2026. At June 30, 2026, the Company’s preliminary total risk-based capital ratio was 16.04%, the common equity tier 1 capital ratio was 14.56% and the tier 1 leverage capital ratio was 11.68%, an increase from 15.29%, 13.81% and 11.00% as of December 31, 2025, respectively. At June 30, 2026, all F&M Bank capital ratios exceeded the regulatory requirements to be classified as “well-capitalized”. At June 30, 2026, the tangible common equity ratio was 11.45%, up from 11.08% as of June 30, 2025.

About Farmers & Merchants Bancorp

Farmers & Merchants Bancorp trades on the OTCQX under the symbol FMCB, and is the parent company of Farmers & Merchants Bank of Central California, also known as F&M Bank. Founded in 1916, F&M Bank is a locally owned and operated community bank, which proudly serves California through 33 convenient locations. F&M Bank is financially strong, with $5.8 billion in assets, and is consistently recognized as one of the nation's safest banks by national bank rating firms. The Bank has maintained a 5-Star rating from BauerFinancial for 36 consecutive years, longer than any other commercial bank in the State of California.

Farmers & Merchants Bancorp has paid dividends for 91 consecutive years and has increased dividends for 61 consecutive years. As a result, Farmers & Merchants Bancorp is a member of a select group of only 58 publicly traded companies referred to as “Dividend Kings,” and is ranked 17th in that group based on consecutive years of dividend increases. A “Dividend King” is a stock with 50 or more consecutive years of dividend increases.

In February 2026, F&M Bank was ranked 5th on Forbes Magazine’s list of "America’s Best Banks" for 2025 and was ranked 1st in California. In April 2024, F&M Bank was ranked 6th on Forbes Magazine’s list of "America’s Best Banks" for 2023.

In July 2025, Farmers & Merchants Bancorp was named by Bank Director’s Magazine as the #3 best-performing bank in the nation across all asset categories in their annual “Ranking Banking” study of the top performing banks for 2024. In July 2024, Farmers & Merchants Bancorp was named by Bank Director’s Magazine as the #2 best-performing bank in the nation across all asset categories in their annual “Ranking Banking” study of the top performing banks for 2023. In July 2023, the Bank was named by Bank Director’s Magazine as the #1 best-performing bank in the nation across all asset categories in their annual “Ranking Banking” study of the top performing banks for 2022.

In December 2023, F&M Bank was ranked 4th on S&P Global Market Intelligence's “Top 50 List of Best-Performing Community Banks” in the US with assets between $3.0 billion and $10.0 billion for 2023. S&P Global Market Intelligence ranks financial institutions based on several key factors including financial returns, growth, and balance sheet risk profile.

In October 2021, F&M Bank was named the “Best Community Bank in California” by Newsweek magazine. Newsweek’s ranking recognizes those financial institutions that best serve their customers’ needs in each state. This recognition speaks to the superior customer service the F&M Bank team members provide to their clients.

F&M Bank was ranked the 20th largest bank lender to agriculture in the United States as of March 31, 2026, by American Bankers Association. F&M Bank operates in the mid-Central Valley of California, including Sacramento, San Joaquin, Solano, Stanislaus, and Merced counties and the east region of the San Francisco Bay Area, including Napa, Alameda and Contra Costa counties.

F&M Bank offers a full complement of loan, deposit, equipment leasing and treasury management products to businesses, as well as a full suite of consumer banking products. The FDIC awarded F&M Bank the highest possible rating of "Outstanding" in their last Community Reinvestment Act (“CRA”) evaluation.

Forward-Looking Statements

This press release may contain certain forward-looking statements that are based on management's current expectations regarding the Company’s financial performance. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include words such as “believe,” “expect,” “intend,” “estimate” or words of similar meaning, or future or conditional verbs such as “will,” “would,” “should,” “could” or “may.” Forward-looking statements in this press release include, without limitation, statements regarding the Company’s financial condition, competitive positioning, and expectations regarding future performance and results. Forward-looking statements in this press release include matters that involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from results expressed or implied by such forward-looking statements. Such risk factors include, among others: the effects of and changes in monetary and fiscal policies, including the interest rate policies of the Federal Reserve Board and their effects on inflation risk; financial and regulatory policies of the United States government; political and economic uncertainty, including any decline in global, domestic or local economic conditions or the stability of credit and financial markets and the impact of tariffs and the conflict in Iran and the Middle East; and other relevant risks detailed in the Company’s Form 10-K, Form 10-Qs, and various other securities law filings made periodically by the Company, copies of which are available from the Company’s website. All such factors are difficult to predict and are beyond the Company's ability to control or predict. There also may be additional risks that the Company does not presently know, or that the Company currently believes to be immaterial, that could also cause actual results to differ materially and adversely from those contained in these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or circumstances after the date of this press release or otherwise, except as may be required by applicable law.

For more information about Farmers & Merchants Bancorp and F&M Bank, visit fmbonline.com.

Investor Relations Contact
Farmers & Merchants Bancorp
Bart R. Olson
Executive Vice President and Chief Financial Officer
Phone: 209-367-2485

              FINANCIAL HIGHLIGHTS
           Three-Months Ended  Six-Months Ended(dollars in thousands, except per share amounts)   June 30, 2026 March 31, 2026 June 30, 2025  June 30, 2026 June 30, 2025Earnings and Profitability:             Interest income   $72,478  $71,710  $70,061   $144,188  $137,199 Interest expense    15,128   14,807   16,193    29,935   30,190 Net interest income    57,350   56,903   53,868    114,253   107,009 Provision for credit losses    500   500   1,400    1,000   1,700 Non-interest income    5,036   5,159   5,519    10,195   10,540 Non-interest expense    28,140   29,178   26,651    57,318   52,160 Income before taxes    33,746   32,384   31,336    66,130   63,689 Income tax expense    9,014   8,313   8,281    17,327   17,625 Net income   $24,732  $24,071  $23,055   $48,803  $46,064               Basic earnings per common share   $36.77  $35.91  $33.06   $72.68  $65.94 Diluted earnings per common share   $36.39  $35.34  $32.94   $71.46  $65.80 Weighted Average Shares Outstanding - Basic    672,666   670,265   697,332    671,472   698,527 Weighted Average Shares Outstanding - Diluted    679,560   681,179   699,852    682,912   700,102 Common shares outstanding    691,944   693,043   725,367    691,944   725,367 Return on average assets    1.71%   1.68%   1.65%    1.70%   1.67% Return on average equity    14.84%   14.69%   15.09%    14.75%   15.37% Loan yield    6.11%   6.08%   6.08%    6.10%   6.07% Investment securities yield    3.72%   3.70%   3.31%    3.71%   3.25% Cost of average total deposits    1.19%   1.18%   1.31%    1.19%   1.25% Net interest margin - tax equivalent    4.20%   4.25%   4.07%    4.22%   4.13% Effective tax rate    26.71%   25.67%   26.43%    26.20%   27.67% Efficiency ratio    45.11%   47.01%   44.88%    46.06%   44.37% Book value per common share(1)   $981.32  $946.63  $852.72   $981.32  $852.72 Tangible book value per common share(2)(b)   $963.82  $928.99  $835.33   $963.82  $835.33               Balance Sheet:             Total assets   $5,835,459  $5,836,664  $5,478,773   $5,835,459  $5,478,773 Cash and cash equivalents    278,641   384,224   291,752    278,641   291,752 of which held at Fed    186,009   318,125   178,999    186,009   178,999 Total investment securities    1,629,242   1,610,188   1,321,812    1,629,242   1,321,812 of which available-for-sale    932,778   901,915   572,951    932,778   572,951 of which held-to-maturity    696,464   708,273   748,861    696,464   748,861 Gross loans and leases    3,721,425   3,634,556   3,635,831    3,721,425   3,635,831 Loans and leases held for investment, net of unearned income  3,703,857   3,616,871   3,623,636    3,703,857   3,623,636 Allowance for credit losses - loans and leases    77,253   76,918   76,169    77,253   76,169 Total deposits    5,092,963   5,116,273   4,760,364    5,092,963   4,760,364 Subordinated debentures    10,310   10,310   10,310    10,310   10,310 Total shareholders' equity   $679,017  $656,055  $618,532   $679,017  $618,532               Loan-to-deposit ratio    73.07%   71.04%   76.38%    73.07%   76.38% Percentage of checking deposits to total deposits    48.89%   46.93%   49.23%    48.89%   49.23%               Capital ratios (Bancorp)(a)             Common equity tier 1 capital to risk-weighted assets    14.56%   14.23%   13.88%    14.56%   13.88% Tier 1 capital to risk-weighted assets    14.78%   14.45%   14.10%    14.78%   14.10% Risk-based capital to risk-weighted assets    16.04%   15.71%   15.36%    16.04%   15.36% Tier 1 leverage capital ratio    11.68%   11.35%   11.18%    11.68%   11.18% Tangible common equity ratio(3)(b)    11.45%   11.05%   11.08%    11.45%   11.08%               (a) Capital information is preliminary for June 30, 2026
(b) Non-GAAP measurement
              
Non-GAAP measurement reconciliation:             (Dollars in thousands)   June 30, 2026 March 31, 2026 June 30, 2025                   Shareholders' equity   $679,017  $656,055  $618,532      Less: Intangible assets    12,105   12,227   12,609      Tangible common equity   $666,912  $643,828  $605,923                    Total assets   $5,835,459  $5,836,664  $5,478,773      Less: Intangible assets    12,105   12,227   12,609      Tangible assets   $5,823,354  $5,824,437  $5,466,164                    Tangible common equity ratio(3)    11.45%   11.05%   11.08%                    (1) Total common equity divided by common shares outstanding
(2) Tangible common equity divided by common shares outstanding
(3) Tangible common equity divided by tangible assets
              

CoreWeave (NASDAQ:CRWV) heads into its 2Q26 earnings report in early August with investors watching execution more than demand.

Demand for GPU capacity is still strong and customer commitments keep growing, but the real story now is whether the company can build out and activate power fast enough to keep up, according to analysts at Bank of America.

Data center execution is the number to watch. CoreWeave currently has about 1GW of active power and is targeting 1.7GW by year end, which means a big chunk of new capacity needs to come online over the next couple of quarters.

Bank of America analysts expect more of that buildout to land in the second half of the year rather than the first, and that's driving some steep revenue growth forecasts: 108% year over year in 2Q26, climbing to 150% in 3Q26 and 186% in 4Q26.

Capital spending is climbing too. The FY26 capex estimate has been raised to $34 billion, up from $29 billion, reflecting how fast the market is moving and the cost of key hardware components.

Operating margin is expected to come in around 2.4% in 2Q26, just below the Street's 2.8% estimate, but the outlook calls for steady improvement each quarter after that.

By the end of 4Q26, Bank of America expects operating margin could reach 14.6%, a big jump from just 1% in 1Q26.

Analysts believe competition, particularly from SpaceX and Meta, has weighed on the stock lately. But the view from Bank of America is that the compute market is not structurally competitive. Demand for AI compute is still outpacing supply by a wide margin, so the bigger constraint for customers is simply getting access to capacity, not choosing between providers.

Bank of America reiterated its Buy rating and $140 price objective on the stock.