Glacier Bancorp, Inc.
- Open
- 53.55
- Day high
- 53.58
- Day low
- 52.12
- Prev close
- 53.57
- Volume
- 1.1M
- Mkt cap
- $6.8B
- P/E (TTM)
- 24.1
- EPS (TTM)
- $2.17
- P/B
- 1.6
- P/S
- 4.5
- Yield
- 2.52%
- Per share
- $1.32
Glacier Bancorp, Inc. (GBCI) is a Financial Services company listed on NYSE. The stock is up 16% over the past year.
Glacier Bancorp, Inc. (GBCI) financials & analyst ratings
Fundamentals (TTM)
Analyst consensus · 3 analysts
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
GBCI earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 24, 2026 | $0.67 | $0.70 | +4.5% | $307M | -0.5% |
| Jan 22, 2026 | $0.59 | $0.49 | -16.9% | $307M | -0.9% |
| Oct 16, 2025 | $0.61 | $0.62 | +1.6% | $261M | +0.3% |
| Jul 24, 2025 | $0.47 | $0.45 | -4.3% | $235M | -9.9% |
| Apr 24, 2025 | $0.47 | $0.48 | +2.1% | $217M | -4.5% |
| Jan 24, 2025 | $0.52 | $0.54 | +3.8% | $217M | +13.5% |
| Oct 24, 2024 | $0.42 | $0.45 | +7.1% | $209M | -2.9% |
| Jul 18, 2024 | $0.37 | $0.39 | +5.4% | $194M | +8.0% |
| Apr 18, 2024 | $0.33 | $0.29 | -12.1% | $191M | -6.0% |
| Jan 25, 2024 | $0.41 | $0.49 | +19.5% | $191M | +14.4% |
| Oct 19, 2023 | $0.42 | $0.47 | +11.9% | $192M | +15.3% |
| Jul 20, 2023 | $0.49 | $0.50 | +2.0% | $197M | +6.7% |
GBCI insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Feb 25, 2026 | Screnar Ryan Thomasofficer: Chief Administrative Officer | Buy | 187 | $48.10 |
| Feb 18, 2026 | Chesler Randall Mdirector, officer: PRESIDENT/CEO | Grant | 47,898 | — |
| Feb 18, 2026 | Espinoza Jesus Thomasdirector | Grant | 1,463 | — |
| Feb 18, 2026 | Screnar Ryan Thomasofficer: Chief Compliance Officer | Tax | 524 | — |
| Feb 18, 2026 | Cashell Robert A. JRdirector | Grant | 1,463 | — |
| Feb 18, 2026 | Goodwin Annie M.director | Grant | 1,463 | — |
| Feb 18, 2026 | Groom Lee Kennethofficer: Chief Experience Officer | Grant | 4,501 | — |
| Feb 18, 2026 | Chesler Randall Mdirector, officer: PRESIDENT/CEO | Tax | 12,516 | — |
| Feb 18, 2026 | Heck Kristen Leedirector | Grant | 1,463 | — |
| Feb 18, 2026 | Screnar Ryan Thomasofficer: Chief Compliance Officer | Grant | 3,181 | — |
| Feb 18, 2026 | McBride Douglas Jdirector | Grant | 1,463 | — |
| Feb 18, 2026 | Groom Lee Kennethofficer: Chief Experience Officer | Tax | 738 | — |
| Feb 18, 2026 | Boyles David Cdirector | Grant | 1,463 | — |
| Feb 18, 2026 | Hormaechea Michael Burkedirector | Grant | 1,463 | — |
| Feb 18, 2026 | COPHER RON Jofficer: EXECUTIVE VICE PRESIDENT/CFO | Grant | 12,446 | — |
Source: GBCI SEC Form 4 filings, latest Feb 25, 2026. For informational purposes only — not investment advice.
See the full GBCI insider & 13F page →Glacier Bancorp, Inc. company profile
Overview
Glacier Bancorp, Inc. (NASDAQ:GBCI) is a regional bank holding company founded in 1955 and headquartered in Kalispell, Montana. The company operates through its primary subsidiary, Glacier Bank, which provides commercial banking services across eight western states. Since going public in 1984, Glacier has grown through a combination of organic expansion and strategic acquisitions, establishing itself as a prominent regional banking franchise in the Mountain West and Pacific Northwest regions. The company has maintained a consistent dividend payment record with 60 consecutive quarterly dividends, having increased its dividend 49 times over its history.
Business
Glacier Bancorp operates as a traditional regional commercial bank serving individuals, small to medium-sized businesses, community organizations, and public entities across eight western states: Montana, Idaho, Utah, Washington, Wyoming, Colorado, Arizona, and Nevada. The company maintains 224 locations, including 188 branches and 36 loan or administration offices spread across 75 counties. The bank's core business revolves around traditional banking services. On the deposit side, Glacier offers various account types including non-interest bearing demand deposits, negotiable order of withdrawal accounts, savings accounts, money market deposit accounts, certificates of deposit, and individual retirement accounts. The bank's deposit base totals approximately $20.5 billion, with non-interest-bearing deposits comprising about 30% of total deposits, which provides a significant funding cost advantage. On the lending side, Glacier maintains a diversified loan portfolio totaling approximately $17.3 billion. The portfolio includes residential real estate construction and permanent loans, consumer land acquisition loans, unimproved land and development loans, and residential builder guidance lines for both pre-sold and speculative home construction. Commercial real estate loans represent another significant segment, financing the purchase, construction, and development of commercial properties. The bank also provides consumer loans secured by real estate, automobiles, or other assets, along with home equity loans and lines of credit. Additionally, Glacier offers agriculture loans and previously participated in the Paycheck Protection Program during the COVID-19 pandemic. Beyond traditional banking, the company provides mortgage origination and loan servicing services, generating fee income from these activities. The bank's geographic footprint spans fast-growing western markets, positioning it to benefit from population and economic growth in these regions.
Revenue model
Glacier Bancorp generates revenue through the traditional banking model of net interest income and fee-based services. The primary revenue driver is net interest income, which is the difference between interest earned on loans and investments and interest paid on deposits and borrowings. With a loan portfolio of $17.3 billion yielding approximately 5.72% and a deposit base of $20.5 billion, the bank's net interest margin currently stands at 2.97% and is projected to expand to 3.20-3.25% in 2025. The bank's customers are primarily individuals, small to medium-sized businesses, and community organizations across its eight-state footprint. Commercial borrowers include real estate developers, construction companies, agricultural operations, and various small businesses. Consumer customers utilize the bank for mortgages, home equity loans, auto loans, and deposit services. Fee income represents the secondary revenue stream, generated through mortgage origination and servicing, deposit account fees, and other banking services. This non-interest income typically accounts for a smaller portion of total revenue compared to net interest income. Several factors influence Glacier's profitability margins. Interest rate environment significantly impacts both asset yields and funding costs, with the bank benefiting from rising rates on its asset-sensitive balance sheet. Credit quality affects loan loss provisions, with the bank currently maintaining strong credit metrics and an allowance for credit losses at 1.22% of total loans. Deposit competition in local markets influences funding costs, though the bank's significant non-interest-bearing deposit base provides stability. Economic conditions in the western states affect loan demand and credit quality, while regulatory changes can impact operational costs and capital requirements. The bank's efficiency ratio of approximately 54-55% reflects its ability to control operating expenses relative to revenue generation.
Competitive moat
Glacier Bancorp's competitive moat is moderate and primarily derived from its geographic market position and deposit franchise in the western United States. The bank has established deep roots in smaller communities and markets across eight states, creating switching costs for local customers who value relationship banking and community presence. This local market knowledge and long-standing customer relationships provide some protection against larger national banks that may lack the same community focus. The bank's deposit base stability represents another element of its moat, particularly the 30% portion of deposits that are non-interest bearing. These demand deposits provide low-cost funding that becomes increasingly valuable during periods of rising interest rates. The consistency of this funding source, combined with the bank's conservative credit culture, has enabled steady profitability through various economic cycles. However, Glacier's moat faces several challenges. Technology disruption from fintech companies and digital-first banks threatens traditional branch-based banking, particularly among younger customers. Interest rate sensitivity makes the bank vulnerable to margin compression during rate cycles. Scale disadvantages compared to larger regional and national banks limit the bank's ability to invest in technology and compete on pricing for larger commercial relationships. The regulatory environment for regional banks continues to evolve, potentially increasing compliance costs and capital requirements. Additionally, economic concentration in western markets, while beneficial during growth periods, creates vulnerability to regional economic downturns. The bank's acquisition strategy helps expand its geographic footprint but also requires successful integration and cultural alignment to maintain its community banking advantage. Overall, Glacier possesses a modest but sustainable moat based on local market relationships and deposit franchise strength, though this moat is not particularly wide or defensible against determined competition or technological disruption.
Risks & safety
Glacier Bancorp demonstrates a strong margin of safety with solid financial fundamentals and conservative risk management practices. • Liquidity and Solvency: The bank maintains substantial cash and short-term investments of $269 million, with total stockholders' equity of $3.2 billion. The debt-to-equity ratio of 0.63 indicates moderate leverage levels appropriate for a regional bank. • Credit Quality: Strong credit metrics with allowance for credit losses at 1.22% of total loans, minimal charge-offs, and no material deterioration expected. Non-performing assets have decreased and remain at manageable levels. • Capital Adequacy: Well-capitalized with regulatory capital ratios exceeding minimum requirements, providing buffer for potential credit losses and supporting future growth. • Valuation Metrics: Trading at 23.0x P/E ratio and 1.53x price-to-book ratio, representing reasonable valuations for a profitable regional bank with growth prospects. • Profitability: Return on equity of 1.9% (quarterly) with improving net interest margins and controlled expense growth. Free cash flow generation of $210 million annually supports dividend payments and growth investments. • Dividend Coverage: Consistent dividend payments with 60 consecutive quarterly dividends, supported by stable earnings and strong capital position.
Recent development
Over the past few years, Glacier Bancorp has pursued an active acquisition strategy to expand its geographic footprint and scale. In 2024, the company completed two significant acquisitions: six Montana branches from Heartland Financial's Rocky Mountain Bank division and Wheatland Bank in Eastern Washington, together totaling approximately $1.2 billion in assets. These acquisitions were successfully integrated and are contributing to the bank's earnings and market presence. The company announced its proposed acquisition of Bank of Idaho, representing $1.3 billion in assets, with conversion targeted for early September 2025. This acquisition will further strengthen Glacier's presence in Idaho, a key growth market. Management continues to explore additional merger and acquisition opportunities, particularly targeting institutions with $1-5 billion in assets across the Southwest and Mountain West regions. Margin expansion has been a key strategic focus, with management successfully growing the net interest margin from 2.68% in Q2 2024 to 2.97% in Q4 2024, with projections to reach 3.20-3.25% in 2025. This improvement stems from loan portfolio repricing, strategic management of the securities portfolio, and disciplined deposit pricing. The bank has emphasized technology investments and operational efficiency while maintaining its community banking model. Management has focused on controlling expense growth to a 3% natural growth rate while investing in systems and processes to improve customer service and operational efficiency. Credit risk management remains conservative, with the bank maintaining higher allowance levels and taking a cautious approach to lending given economic uncertainties. The bank has also focused on deposit relationship management, working to reduce funding costs while maintaining customer relationships during the interest rate cycle.
GBCI company profile · for informational purposes only — not investment advice.
Track GBCI with Drillr
SEC filings, earnings calls, insider activity, alt-data signals — all queryable through Drillr's AI terminal and MCP API.
Try Drillr for free