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WTFC (Wintrust Financial) Effective Interest Rate on Debt % : 34.05% (As of Mar. 2025)


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What is Wintrust Financial Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Wintrust Financial's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was $1,442 Mil. Wintrust Financial's average total debt for the quarter that ended in Mar. 2025 was $4,235 Mil. Therefore, Wintrust Financial's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 34.05%.


Wintrust Financial Effective Interest Rate on Debt % Historical Data

The historical data trend for Wintrust Financial's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Wintrust Financial Effective Interest Rate on Debt % Chart

Wintrust Financial Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.09 6.22 8.40 29.17 38.42

Wintrust Financial Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36.01 36.71 37.32 36.09 34.05

Competitive Comparison of Wintrust Financial's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Wintrust Financial's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Wintrust Financial's Effective Interest Rate on Debt % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Wintrust Financial's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Wintrust Financial's Effective Interest Rate on Debt % falls into.


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Wintrust Financial Effective Interest Rate on Debt % Calculation

Wintrust Financial's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2023 )+Total Debt  (A: Dec. 2024 ))/ count )
=-1  *  -1515.062/( (3649.886+4237.961)/ 2 )
=-1  *  -1515.062/3943.9235
=38.42 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3649.886 + 0
=3649.886

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4237.961 + 0
=4237.961

Wintrust Financial's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2024 )+Total Debt  (Q: Mar. 2025 ))/ count )
=-1  *  -1441.964/( (4237.961+4232.504)/ 2 )
=-1  *  -1441.964/4235.2325
=34.05 %

where

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4237.961 + 0
=4237.961

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4232.504 + 0
=4232.504

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Wintrust Financial  (NAS:WTFC) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Wintrust Financial Effective Interest Rate on Debt % Related Terms

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Wintrust Financial Business Description

Industry
Traded in Other Exchanges
Address
9700 West Higgins Road, Suite 800, Rosemont, IL, USA, 60018
Wintrust Financial Corp is a financial holding company that provides community-oriented, personal, and commercial banking services to customers generally located in the Chicago metropolitan area, southern Wisconsin, northwest Indiana, and western Michigan. The company provides specialty finance services, including financing for the payment of property and casualty insurance premiums and life insurance premiums, and wealth management services to customers in its market area. The company's operations consist of three primary segments: community banking, specialty finance, and wealth management. The company generates the majority of its revenue from the community banking segment.
Executives
David Eric Lee officer: EXECUTIVE VICE PRESIDENT 9700 W HIGGINS ROAD 8TH FLOOR, ROSEMONT IL 60018
Jeffrey D Hahnfeld officer: EVP-CONTROLLER & CHIEF ACC OFF WINTRUST FINANCIAL CORP, 9700 W HIGGINS ROAD 8TH FLOOR, ROSEMONT IL 60018
David A Dykstra officer: Senior Vice President & COO
David L Stoehr officer: Chief Financial Officer
Richard B Murphy officer: Executive Vice President 406 HUDSON, CLARENDON HILLS IL 60514
Kathleen M Boege officer: EVP, GENERAL COUNSEL AND SEC 2 NORTH RIVERSIDE PLAZA, SUITE 1300, CHICAGO IL 60606
Edward J Wehmer director, officer: President 454 BUENA ROAD, LAKE FOREST IL 60045
Karin Gustafson Teglia director WINTRUST FINANCIAL CORPORATION, 9700 W HIGGINS RD 8TH FLOOR, ROSEMONT IL 60018
Timothy Crane officer: EXECUTIVE VICE PRESIDENT 1228 OAK STREET, WINNETKA IL 60093
Hackett H Patrick Jr director ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
Brian A Kenney director GATX CORP, 500 WEST MONROE STREET, CHICAGO IL 60661
Washington Alex E Iii director 9700 W, HIGGINS RD 8TH FLOOR, ROSEMONT IL 60018
Thomas P Zidar officer: EXECUTIVE VICE PRESIDENT 640 WAGNER ROAD, GLENVIEW IL 60025
Elizabeth H. Connelly director 200 N. MILWAUKEE AVENUE, VERNON HILLS IL 60061
Suzet M Mckinney director 9700 W. HIGGINS ROAD, 8TH FLOOR, ROSEMONT IL 60018