Wintrust Financial Corporation (NASDAQ:WTFC) Q4 2022 Earnings Conference Call January 19, 2023 11:00 AM ET

Company Participants

Edward Wehmer - Founder and CEO

Tim Crane - President

David Dykstra - Vice Chairman and COO

Richard Murphy - Vice Chairman and CLO

Dave Stoehr - Chief Financial Officer

Kate Boege - General Counsel

Conference Call Participants

Jon Arfstrom - RBC Capital Markets

David Long - Raymond James

Chris McGratty - KBW

Terry McEvoy - Stephens

Ben Gerlinger - Hovde Group

Brandon King - Truist

Jeff Rulis - D.A. Davidson

Operator

Welcome to Wintrust Financial Corporation’s Fourth Quarter and Full Year 2022 Earnings Conference Call. A review of the results will be made by Edward Wehmer, Founder and Chief Executive Officer; Tim Crane, President; David Dykstra, Vice Chairman and Chief Operating Officer; and Richard Murphy, Vice Chairman and Chief Lending Officer.

As part of their review, the presenters may make reference to both the earnings press release and the earnings release presentation. Following their presentations, there will be a formal question-and-answer session.

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

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

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

I will now turn the call over to Mr. Edward Wehmer.

Edward Wehmer

Thank you very much. Welcome, everybody, to our fourth quarter year-to-date 2022 earnings call. With me always are David Dykstra, our Chief Operation Officer; Dave Stoehr, where are you, Dave, our CFO; Tim Crane, the President; Rich Murphy, our Head of Credit Guru; and Kate Boege, our General Counsel.

Now the same format as we have been doing in the past, I am going to give some general comments regarding results for both the quarter and the year in total, turn it over to Tim Crane for more detail on the balance sheet and then to David Dykstra is going to discuss the income statement in detail. Rich Murphy is going to talk about credit and back to me for some summary comments about the future. We will have some time for questions.