• Wintrust Financial average debt/equity ratio for 2023 was 0.7, a 11.11% increase from 2022.
• Wintrust Financial average debt/equity ratio for 2022 was 0.63, a 12.5% increase from 2021.
• Wintrust Financial average debt/equity ratio for 2021 was 0.56, a 8.2% 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.