Glacier Bancorp Inc. (GBCI) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q4 26	$0.76	$0.76	0.0%	—	—	—
Q3 26	$0.67	$0.7	+4.5%	—	—	—
Q2 26	$0.62	$0.55	-11.3%	—	—	—
Q1 26	$0.62	$0.62	0.0%	—	—	—
Q4 25	$0.49	$0.59	+20.4%	—	—	—
Q3 25	$0.46	$0.48	+4.3%	—	—	—
Q2 25	$0.52	$0.55	+5.8%	—	—	—
Q1 25	$0.42	$0.46	+9.5%	—	—	—
Q4 24	$0.37	$0.39	+5.4%	—	—	—
Q3 24	$0.34	$0.34	0.0%	—	—	—
Q2 24	$0.41	$0.53	+29.3%	—	—	—
Q1 24	$0.42	$0.47	+11.9%	—	—	—
Q4 23	$0.49	$0.5	+2.0%	—	—	—
Q3 23	$0.61	$0.55	-9.8%	—	—	—
Q2 23	$0.73	$0.72	-1.4%	—	—	—
Q1 23	$0.73	$0.72	-1.4%	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$2	—	—	$1B	—
FY24	—	$1.68	—	—	$810M	—
FY23	—	$2.01	—	—	$789.4M	—
FY22	—	$2.74	—	—	$892.1M

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$408.9M	$445.4M	$543.7M	$610.5M	$762.8M	$794.2M	$892.1M	$789.4M	$810M	$1B
YoY change	+7.86%	+8.93%	+22.1%	+12.3%	+24.9%	+4.12%	+12.3%	-11.5%	+2.61%	+24%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	408.9M	445.4M	543.7M	610.5M	762.8M	794.2M	892.1M	789.4M	810M	1B
Cost of revenue	—	—	—	—	—	—	—	—	—	—
Gross profit	—	—	—	—	—	—	—	—	—	—
Gross margin	—	—	—	—	—	—	—	—	—	—
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	163.7M	173.1M	209M	238.5M	270.8M	294.4M	352.3M	359.4M	383.6M	441.6M
Operating expenses	163.7M	173.1M	209M	238.5M	270.8M	294.4M	352.3M	359.4M	383.6M	441.6M
Operating income	—	—	—	—	—	—	—	—	—	—
Operating margin	—	—	—	—	—	—	—	—	—	—
Non-operating income, net	—	—	—	—	—	—	—	—	—	—
Pretax income	160.8M	181M	222.2M	259.2M	328M	349.4M	370.3M	267.6M	226.3M	290.2M
Income tax	39.7M	64.6M	40.3M	48.6M	61.6M	64.7M	67.1M	44.7M	36.2M	51.2M
Net income	121.1M	116.4M	181.9M	210.5M	266.4M	284.8M	303.2M	222.9M	190.1M	239M
Net margin	29.6%	26.1%	33.5%	34.5%	34.9%	35.9%	34%	28.2%	23.5%	23.8%
EBITDA	—	—	—	—	—	—	—	—	—	—
EPS	1.59	1.75	2.18	2.39	2.81	2.87	2.74	2.01	1.68	2
Diluted EPS	1.59	1.75	2.17	2.38	2.81	2.86	2.74	2.01	1.68	2

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	192.3M	191.2M	190.6M	193.7M	209.1M	216.6M	216.9M	234.7M	253.6M	299.3M	299.6M	310.1M
Cost of revenue	—	—	—	—	—	—	—	—	—	—	—	—
Gross profit	—	—	—	—	—	—	—	—	—	—	—	—
Gross margin	—	—	—	—	—	—	—	—	—	—	—	—
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	89M	88.8M	99M	95.8M	95.9M	93M	102.6M	106.6M	109.1M	123.2M	129.4M	129.2M
Operating expenses	89M	88.8M	99M	95.8M	95.9M	93M	102.6M	106.6M	109.1M	123.2M	129.4M	129.2M
Operating income	—	—	—	—	—	—	—	—	—	—	—	—
Operating margin	—	—	—	—	—	—	—	—	—	—	—	—
Non-operating income, net	—	—	—	—	—	—	—	—	—	—	—	—
Pretax income	64.2M	62.1M	36.4M	54.2M	62.2M	73.5M	63.5M	65.2M	85.3M	76.3M	100.2M	124.5M
Income tax	11.7M	7.8M	3.8M	9.5M	11.2M	11.7M	8.9M	12.4M	17.4M	12.5M	18M	26.6M
Net income	52.4M	54.3M	32.6M	44.7M	51.1M	61.8M	54.6M	52.8M	67.9M	63.8M	82.1M	97.9M
Net margin	27.3%	28.4%	17.1%	23.1%	24.4%	28.5%	25.2%	22.5%	26.8%	21.3%	27.4%	31.6%
EBITDA	—	—	—	—	—	—	—	—	—	—	—	—
EPS	0.47	0.49	0.29	0.39	0.45	0.54	0.48	0.45	0.57	0.49	0.63	0.75
Diluted EPS	0.47	0.49	0.29	0.39	0.45	0.54	0.48	0.45	0.57	0.49	0.63	0.75

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	2.8B	3.1B	3.3B	4.1B	4.4B	5.6B	—	4.6B	5.7B	5.3B	5.7B
Enterprise value	567.7M	1.6B	1.1B	1.4B	-1.4B	-3.8B	—	1.4B	3.1B	799.3M	6.9B
Shares outstanding	76.3M	77.5M	83.6M	88.3M	94.8M	99.3M	110.8M	110.9M	113.2M	119.8M	119.8M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	22.8	26.2	18.2	19.3	16.4	19.8	—	20.5	29.9	22.1	18.4
P/S	6.76	6.86	6.09	6.65	5.72	7.09	—	5.8	7.02	5.25	5.08
P/B	2.47	2.55	2.19	2.07	1.89	1.77	—	1.52	1.76	1.25	1.33
EV/Sales	1.39	3.51	2.07	2.23	-1.88	-4.79	—	1.77	3.88	0.8	6.15
Earnings yield	4.38%	3.81%	5.49%	5.19%	6.11%	5.06%	—	4.87%	3.35%	4.53%	5.45%
FCF yield	6.69%	8.01%	7.91%	5.18%	4.08%	9.99%	—	9.85%	3.69%	6.59%	4.17%
PEG	—	—	—	—	—	—	—	—	—	—	0.28

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Operating margin	—	—	—	—	—	—	—	—	—	—	44.3%
Net margin	29.6%	26.1%	33.5%	34.5%	34.9%	35.9%	34%	28.2%	23.5%	23.8%	27.6%
ROE	10.8%	9.71%	12%	10.7%	11.5%	8.96%	10.7%	7.38%	5.9%	5.67%	7.95%
ROA	—	—	—	—	—	—	—	—	0.68%	0.75%	1.03%
Return on tangible assets	—	—	—	—	—	—	—	—	0.74%	0.82%	1.09%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Debt / equity	0.34	0.41	0.39	0.11	0.07	0.06	0.71	0.98	0.63	0.18	0.01
Debt / assets	—	—	—	—	—	—	—	—	0.07	0.02	0.01
Effective tax rate	24.7%	35.7%	18.2%	18.8%	18.8%	18.5%	18.1%	16.7%	16%	17.6%	19.3%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	5.36	5.74	6.5	6.92	8.04	8	8.05	7.12	7.16	8.39	8.88
EPS (basic)	1.59	1.75	2.18	2.39	2.81	2.87	2.74	2.01	1.68	2	2
EPS (diluted)	1.59	1.75	2.17	2.38	2.81	2.86	2.74	2.01	1.68	2	2.4
Book value per share	14.6	15.5	18.1	22.2	24.3	32	25.7	27.2	28.5	35.2	33.1
FCF per share	2.42	3.15	3.13	2.38	1.88	5.67	4.04	4.07	1.85	2.9	3.12
Cash per share	33.8	25.5	33.2	32.9	63	96.7	51.5	55.4	40.2	43.7	8.19
Capex per share	0.11	0.13	0.22	0.19	0.12	0.1	0.21	0.44	0.3	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	2.03%	2.27%	3.43%	2.69%	1.54%	1.19%	2.6%	6.24%	4.19%	—	—
Capex / operating cash flow	4.18%	3.91%	6.48%	6.17%	4.03%	1.62%	5.29%	10.1%	13.9%	—	—
Payout ratio	69.4%	96%	47%	59.1%	49.3%	51.1%	52%	65.8%	78.9%	68.1%	67.6%
Dividend yield	3.04%	3.66%	2.58%	3.07%	3.01%	2.58%	—	3.2%	2.64%	3.08%	3%

Yield

trailing twelve months

Frequency

Quarterly

Last dividend

$0.33

ex-dividend Jul 7, 2026

Payout ratio

68%

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Jul 7, 2026	$0.33
Apr 7, 2026	$0.33
Dec 9, 2025	$0.33

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$192.3M	$191.2M	$190.6M	$193.7M	$209.1M	$216.6M	$216.9M	$234.7M	$253.6M	$299.3M	$299.6M	$310.1M
YoY change	-16.9%	-16.1%	-8.99%	-1.41%	+8.71%	+13.3%	+13.8%	+21.1%	+21.3%	+38.2%	+38.1%	+32.2%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	2.6B	2B	2.8B	2.9B	6B	9.6B	5.7B	6.1B	4.6B	5.2B
Receivables	45.8M	44.5M	54.4M	56M	75.5M	76.7M	83.5M	94.5M	99.3M	120.1M
Inventory	—	—	—	—	—	—	—	—	—	—
Total current assets	—	—	—	—	—	—	—	—	—	—
Property, plant & equipment	2.3M	-5.2M	9.7M	59.2M	65.9M	80.2M	91.2M	76.9M	72.8M	108.4M
Goodwill & intangibles	318.8M	384M	677.7M	1B	1.1B	2.1B	2.1B	2B	2.2B	3B
Total assets	—	—	—	—	—	—	—	—	27.9B	32B
Accounts payable	3.6M	3.5M	4.3M	4.7M	3.3M	2.4M	4.3M	125.9M	33.6M	32.8M
Short-term debt	—	—	—	—	—	—	—	—	—	10.5M
Total current liabilities	—	—	—	—	—	—	—	—	—	—
Long-term debt	382.2M	488.4M	588.9M	207.3M	173M	176.7M	2B	3B	2B	750.1M
Total liabilities	—	—	—	—	—	—	—	—	24.7B	27.8B
Shareholders' equity	1.1B	1.2B	1.5B	2B	2.3B	3.2B	2.8B	3B	3.2B	4.2B
Total debt	382.2M	488.4M	588.9M	207.3M	173M	176.7M	2B	3B	2B	760.6M
Net debt	229.6M	288.4M	385.1M	-123.6M	-460.1M	-261M	1.6B	1.6B	1.2B	-474.6M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	6.4B	6.1B	5.4B	5.3B	5.4B	4.6B	4.8B	4.8B	4.7B	5.2B	5.1B	4.8B
Receivables	104.5M	94.5M	106.1M	102.3M	114.1M	99.3M	104M	108.3M	120.3M	120.1M	122.8M	120.3M
Inventory	—	—	—	—	—	—	—	—	—	—	—	—
Total current assets	—	—	—	—	—	—	—	—	—	—	—	—
Property, plant & equipment	—	76.9M	—	—	—	72.8M	465.5M	483.3M	481.8M	108.4M	568.4M	569.9M
Goodwill & intangibles	2B	2B	2.1B	2.1B	2.2B	2.2B	2.2B	2.4B	2.4B	3B	3B	2.9B
Total assets	—	—	27.8B	27.8B	28.2B	27.9B	27.9B	29B	29B	32B	31.7B	31.6B
Accounts payable	91.9M	125.9M	32.6M	31M	35.4M	33.6M	30.2M	28M	27.7M	32.8M	30.5M	29.5M
Short-term debt	—	—	—	—	—	—	7.3M	8.2M	8.3M	10.5M	11.2M	11.5M
Total current liabilities	—	—	—	—	—	—	—	—	—	—	—	—
Long-term debt	2.9B	3B	2.4B	2.6B	2B	2B	1.8B	1.5B	1.2B	750.1M	311M	312.9M
Total liabilities	—	—	24.7B	24.7B	25B	24.7B	24.6B	25.5B	25.4B	27.8B	27.5B	27.3B
Shareholders' equity	2.9B	3B	3.1B	3.1B	3.2B	3.2B	3.3B	3.5B	3.6B	4.2B	4.2B	4.3B
Total debt	2.9B	3B	2.4B	2.6B	2B	2B	1.8B	1.5B	1.2B	760.6M	322.3M	324.4M
Net debt	1.3B	1.6B	1.6B	1.8B	1B	1.2B	793.3M	620.8M	317.7M	-474.6M	-1.1B	-732.3M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	121.1M	116.4M	181.9M	210.5M	266.4M	284.8M	303.2M	222.9M	190.1M	239M
Depreciation & amortization	18.3M	17.3M	22.3M	27.1M	30.8M	32M	36.5M	37.1M	41.7M	48.9M
Stock-based compensation	1.8M	3M	3.1M	7.5M	3.6M	4.3M	5.4M	5.9M	5.7M	6.3M
Change in working capital	-1.2M	-1.1M	9.6M	7.5M	-34.3M	12.7M	-22.9M	92.5M	-87M	-6.5M
Operating cash flow	198.9M	258.8M	287.6M	265.8M	291.1M	582M	439M	489.5M	244.5M	374.4M
Capital expenditure	-8.3M	-10.1M	-18.6M	-16.4M	-11.7M	-9.4M	-23.2M	-49.3M	-33.9M	—
Investing cash flow	172.3M	664.6M	-104.1M	330.6M	-2.4B	-3.4B	511.9M	859.9M	924.8M	1.6B
Dividends paid	-84M	-111.7M	-85.5M	-124.5M	-131.3M	-145.6M	-157.5M	-146.7M	-150M	-162.7M
Share repurchases	—	—	—	—	—	—	—	—	—	—
Financing cash flow	-230.7M	-30.5M	-8M	-772.8M	-170.4M	-143.6M	1.6B	-1B	-3.9B	-1.6B
Net change in cash	140.5M	893M	175.5M	-176.4M	-2.3B	-3B	2.6B	344.2M	-2.8B	309.2M
Free cash flow	184.8M	244.6M	262.1M	210.3M	177.8M	562.6M	447.4M	451.4M	209.8M	347.6M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	52.4M	54.3M	32.6M	44.7M	51.1M	61.8M	54.6M	52.8M	67.9M	63.8M	82.1M	97.9M
Depreciation & amortization	9.1M	9.5M	9.9M	10.3M	10.6M	11M	10.8M	11.4M	11.7M	15M	13.9M	14.6M
Stock-based compensation	1.4M	1.4M	1.6M	1.5M	1.3M	1.3M	2.5M	1.3M	1.2M	1.3M	4.5M	2.5M
Change in working capital	48.8M	29.7M	-108.6M	-10M	14.2M	13.9M	-22M	-3K	11.5M	4M	-20.4M	-512K
Operating cash flow	131.2M	165.7M	-65.2M	61.1M	145.2M	97.3M	50.3M	67.7M	112.4M	123.5M	87.9M	120.8M
Capital expenditure	-16.2M	-12.8M	-4.3M	-13.9M	-9.2M	-6.6M	-3.6M	-4.1M	—	—	—	—
Investing cash flow	186.6M	177.2M	297.6M	157.3M	339.8M	130.2M	160.8M	399.1M	225.7M	787.4M	468.1M	151.4M
Dividends paid	-36.6M	-73.2M	-314K	-37.4M	-37.4M	-74.9M	-363K	-37.5M	-39.1M	-85.8M	-337K	-42.9M
Share repurchases	—	—	—	—	—	—	—	—	—	—	—	—
Financing cash flow	-39.1M	-1.9B	-3.4B	171.6M	-650M	-75.9M	-283.6M	-364.3M	-402.8M	-595.2M	-443.6M	-43.1M
Net change in cash	278.8M	-1.5B	-3.2B	389.9M	-165M	151.6M	-72.6M	102.4M	-64.6M	315.7M	112.4M	229.1M
Free cash flow	113.7M	138.4M	-61M	51.2M	148M	81.1M	46.8M	79.5M	104.8M	116.5M	74.3M	111.7M

Date	Ratio
Dec 15, 2006	3:2
May 27, 2005	5:4
May 21, 2004	5:4
May 9, 2003	11:10
May 12, 2000	11:10
May 14, 1999	11:10
Sep 15, 1998	11:10
May 27, 1997	3:2
May 7, 1996	11:10
May 10, 1995	11:10
May 9, 1994	11:10
Apr 30, 1993	11:10
Apr 29, 1992	11:10
Dec 1, 1989	3:2
Jul 31, 1986	3:2
Jan 23, 1986	3:2
Jan 22, 1986	3:2

Glacier Bancorp Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history