Asset Management was Wintrust Financial’s largest product and service line in fiscal 2022, bringing in $377.43M of $1.09B (35%).
| Product and Service | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 |
|---|---|---|---|---|---|---|---|
| Wealth Management | — | — | — | — | |||
| Asset Management | $297.61M | $316.07M | $406.90M | $377.43M | |||
| Service Charges On Deposit Accounts | $195.35M | $225.12M | $270.84M | $292.87M | |||
| Brokerage & Insurance Product Commissions | $94.13M | $93.66M | $103.55M | $88.34M | |||
| Trust | $93.84M | $91.96M | $109.65M | $167.30M | |||
| Other Deposit Related Fees | $62.50M | $62.20M | $66.50M | $67.45M | |||
| Card Related Fees | $39.08M | $37.90M | $46.05M | $57.37M | |||
| Administrative Services | $20.99M | $21.93M | $28.45M | $33.57M | |||
| Mortgage Broker Fees | $3.84M | $1.84M | $3.94M | $4.27M | |||
| Total | $807.33M | $850.65M | $1.04B | $1.09B |
Wintrust Financial brought in $1.09B from its eight product and service lines in fiscal 2022, the year ended December 31, 2022. That was up 5.1% from $1.04B in fiscal 2021. Asset Management was the largest at $377.43M (34.7%), ahead of Service Charges On Deposit Accounts at $292.87M (26.9%) and Trust at $167.30M (15.4%). The other five lines brought in $251.00M combined.
Compared with fiscal 2021, Trust grew fastest, up 52.6% to $167.30M, while Brokerage & Insurance Product Commissions fell the most, down 14.7% to $88.34M. From fiscal 2019 to 2022, combined revenue from these lines grew from $807.33M to $1.09B, a compound annual growth rate of 10.5%. Asset Management's share of the total fell from 36.9% to 34.7%.
Wintrust Financial (WTFC) reports its revenue by product and service. In fiscal 2022, Asset Management was its largest product and service line, bringing in $377.43M (34.7% of the total), followed by Service Charges On Deposit Accounts at $292.87M (26.9%).
Asset Management was Wintrust Financial's largest product and service line in fiscal 2022, bringing in $377.43M, or 34.7% of the $1.09B total across its eight product and service lines.
Among Wintrust Financial's product and service lines that make up at least 2% of revenue, Trust grew fastest in fiscal 2022, up 52.6% from $109.65M to $167.30M.
Every figure comes from Wintrust Financial's annual financial filings, as reported. Each line keeps the name Wintrust Financial gives it, and years follow its fiscal calendar.
Wintrust Financial's revenue by product and service goes back to fiscal 2016, with figures through fiscal 2022. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.