STOCK TITAN
  1. Home
  2. News
  3. GBCI

Glacier Bancorp Inc - GBCI STOCK NEWS

Welcome to our dedicated page for Glacier Bancorp news (Ticker: GBCI), a resource for investors and traders seeking the latest updates and insights on Glacier Bancorp stock.

Glacier Bancorp, Inc. (GBCI) is a regional bank holding company headquartered in Kalispell, Montana. The company provides comprehensive commercial banking services across six states: Montana, Idaho, Utah, Washington, Wyoming, and Colorado. Through its primary subsidiary, Glacier Bank, and multiple bank divisions, it serves over 80 communities, offering an extensive range of financial products and services.

Glacier Bancorp's core offerings include deposit accounts, loans, and mortgage origination services. The company primarily caters to individuals, small- to medium-sized businesses, community organizations, and public entities. Its loan portfolio is heavily weighted towards commercial real estate, while net interest income constitutes the bulk of its revenue.

The bank operates through various divisions, including:

  • Glacier Bank (Kalispell)
  • First Security Bank of Missoula
  • Valley Bank of Helena
  • Big Sky Western Bank (Bozeman)
  • Western Security Bank (Billings)
  • First Bank of Montana (Lewistown)
  • Mountain West Bank (Coeur d'Alene, serving Idaho, Utah, and Washington)
  • Citizens Community Bank (Pocatello, Idaho)
  • 1st Bank (Evanston, serving Wyoming and Utah)
  • First Bank of Wyoming (Powell)
  • First State Bank (Wheatland, Wyoming)
  • North Cascades Bank (Chelan, Washington)
  • Bank of the San Juans (Durango, Colorado)

Glacier Bancorp emphasizes growth through strategic acquisitions and organic expansion. Recent financial results indicate a cautious yet optimistic approach towards credit loss provisions, reflecting prudent financial management in uncertain economic climates. The company's net charge-offs and provisions for credit losses have been managed effectively to ensure financial stability.

For the latest news and updates, investors can follow key events such as financial summaries, credit quality trends, and quarterly earnings calls. Glacier Bancorp remains committed to serving its communities through steady and reliable banking services.

News

Glacier Bancorp, Inc. Announces First Quarter Earnings Release and Conference Call

Rhea-AI Summary
Glacier Bancorp, Inc. (NYSE: GBCI) will announce its first quarter financial results on April 18, 2024, with an investor conference call scheduled for April 19, 2024. Investors can register for the call through a provided link or join via webcast. The company operates various bank divisions across different states.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.98%
Tags
earnings
-
News

Glacier Bancorp, Inc. Declares Quarterly Dividend

Rhea-AI Summary
Glacier Bancorp, Inc. (GBCI) declares a quarterly dividend of $0.33 per share, marking the 156th consecutive dividend and the 49th increase. Shareholders will receive the dividend on April 18, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.05%
Tags
dividends
-
News

Glacier Bancorp Completes Acquisition of Community Financial Group, Inc. in Spokane, Washington

Rhea-AI Summary
Glacier Bancorp, Inc. has completed the acquisition of Community Financial Group, Inc., forming a new division called 'Wheatland Bank, a Division of Glacier Bank.' This acquisition will create a Top 5 community bank by deposit market share, operating through 23 branches in Central and Eastern Washington. The division will be led by Susan M. Horton, offering enhanced service accessibility and a more diverse suite of technology, products, and services to customers. As of September 30, 2023, Wheatland Bank had total assets of $763 million, total loans of $491 million, and total deposits of $609 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.04%
Tags
acquisition
News

Glacier Bancorp, Inc. Announces Results for the Quarter and Period Ended December 31, 2023

Rhea-AI Summary
Glacier Bancorp, Inc. (GBCI) reported a net income of $54.3 million for the current quarter, a decrease of $25.4 million, or 32 percent, from the $79.7 million of net income for the prior year fourth quarter. The acquisition of Community Financial Group, Inc., the parent company of Wheatland Bank, is expected to be completed by January 31, 2024. The company's net income for 2023 was $223 million, a decrease of $80.3 million, or 26 percent, from $303 million for the prior year. The loan portfolio of $16.198 billion increased $951 million, or 6 percent, during the current year. The company's stockholders’ equity of $3.020 billion increased $146 million, or 5 percent, during the current quarter and increased $177 million, or 6 percent, over the prior year end.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.35%
Tags
none
-
News

Glacier Bancorp, Inc. Announces Fourth Quarter Earnings Release And Conference Call

Rhea-AI Summary
Glacier Bancorp, Inc. (NYSE: GBCI) to report Q4 financial results on January 25, 2024, with an investor conference call scheduled for January 26, 2024. The company's bank divisions include Altabank, Bank of the San Juans, Citizens Community Bank, and more. The CEO is Randall M. Chesler and the CFO is Ron J. Copher.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.03%
Tags
earnings
-
News

Glacier Bancorp, Inc. Declares Quarterly Dividend

Rhea-AI Summary
Glacier Bancorp, Inc. (NYSE: GBCI) Declares Quarterly Dividend of $0.33 per Share
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.13%
Tags
dividends
News

Glacier Bancorp, Inc. Announces Results for the Quarter and Period Ended September 30, 2023

Rhea-AI Summary
Glacier Bancorp reports a decrease in net income for the third quarter of 2023, primarily due to increased funding costs. The company announces the signing of a definitive agreement to acquire Community Financial Group, Inc., parent company of Wheatland Bank.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.77%
Tags
none
-
News

Glacier Bancorp, Inc. Announces Third Quarter Earnings Release and Conference Call

Rhea-AI Summary
Glacier Bancorp to report Q3 financial results on October 19, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.99%
Tags
earnings
-
News

Glacier Bancorp, Inc. Declares Quarterly Dividend

Rhea-AI Summary
Glacier Bancorp, Inc. declares quarterly dividend of $0.33 per share, marking 154 consecutive dividends and 49 increases.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.74%
Tags
dividends
News

Glacier Bancorp, Inc. Announces Acquisition Of Community Financial Group, Inc. In Spokane, Washington

Rhea-AI Summary
Glacier Bancorp, Inc. has announced its agreement to acquire Community Financial Group, Inc., the bank holding company for Wheatland Bank. The acquisition is subject to regulatory approval and would result in an aggregate value of $80.6 million. A new bank division, Wheatland Bank, will be formed, led by Susan Horton, President and CEO of Wheatland Bank.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.59%
Tags
acquisition

FAQ

What is the current stock price of Glacier Bancorp (GBCI)?

The current stock price of Glacier Bancorp (GBCI) is $58.04 as of December 2, 2024.

What is the market cap of Glacier Bancorp (GBCI)?

The market cap of Glacier Bancorp (GBCI) is approximately 6.6B.

What is Glacier Bancorp, Inc.?

Glacier Bancorp, Inc. is a regional bank holding company providing commercial banking services in six states through its subsidiary, Glacier Bank.

Where is Glacier Bancorp, Inc. headquartered?

Glacier Bancorp, Inc. is headquartered in Kalispell, Montana.

What types of services does Glacier Bancorp offer?

Glacier Bancorp offers deposit accounts, loans, mortgage origination services, and more, primarily serving individuals, small- to medium-sized businesses, and community organizations.

In which states does Glacier Bancorp operate?

Glacier Bancorp operates in Montana, Idaho, Utah, Washington, Wyoming, and Colorado.

What is the primary focus of Glacier Bancorp's loan portfolio?

The majority of Glacier Bancorp's loan portfolio is focused on commercial real estate.

What is Glacier Bancorp’s strategy for growth?

Glacier Bancorp emphasizes both internal growth and strategic acquisitions to expand its market presence.

How does Glacier Bancorp manage financial stability?

Glacier Bancorp manages financial stability by effectively handling net charge-offs and provisions for credit losses, reflecting prudent financial management.

What are some of Glacier Bancorp's divisions?

Some of Glacier Bancorp's divisions include First Security Bank of Missoula, Valley Bank of Helena, Big Sky Western Bank, and Mountain West Bank.

How can I stay updated with Glacier Bancorp's latest news?

Investors can stay updated with Glacier Bancorp's latest news through financial summaries, credit quality trends, and quarterly earnings calls.

Who are the key executives of Glacier Bancorp?

Key executives of Glacier Bancorp include Randall M. Chesler, CEO, and Ron J. Copher, CFO.

Stock GBCI logo
Glacier Bancorp Inc

NYSE:GBCI

GBCI Rankings

#1140 Ranked by Market Cap
#1264 Ranked by Dividends

GBCI Stock Data

6.57B
112.84M
0.49%
85.81%
4.65%
Banks - Regional
State Commercial Banks
Link
United States of America
KALISPELL