• Glacier Bancorp average debt/equity ratio for 2023 was 0.33, a 5.71% increase from 2022.
• Glacier Bancorp average debt/equity ratio for 2022 was 0.35, a 400% decline from 2021.
• Glacier Bancorp average debt/equity ratio for 2021 was 0.07, a 50% increase from 2020.

Debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity.