GLACIER BANCORP, INC. GBCI
Glacier Bancorp, Inc., headquartered in Kalispell, Montana, is a Montana corporation incorporated in 2004 as a successor corporation to the Delaware corporation originally incorporated in 1990. The terms "Company," "we," "us" and "our" mean Glacier Bancorp, Inc. and its subsidiaries, when appropriate. The Company is a publicly-traded company and its common stock trades on the New York Stock Exchange ("NYSE") under the symbol: GBCI. We provide a full range of banking services to individuals and businesses from 281 locations in Montana, Idaho, Utah, Washington, Wyoming, Colorado, Arizona, Nevada, and Texas through our wholly-owned bank subsidiary, Glacier Bank (the "Bank"). We offer a wide range of banking products and services, including: 1) retail banking; 2) business banking; 3) real estate, commercial, agriculture and consumer loans; and 4) mortgage origination and loan servicing. We serve individuals, small to medium-sized businesses, community organizations and public entities. For information regarding our lending, investment and funding activities, see "Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations."
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $101.1M | $94.0M | $88.5M | $82.8M | $65.2M | $54.5M | $69.9M | $76.7M | $69.8M | $64.7M |
| Interest expense | $889.0M | $704.6M | $691.7M | $788.4M | $18.6M | $27.3M | $42.8M | $35.5M | $29.9M | $29.6M |
| Pre-tax income | $290.2M | $226.3M | $267.6M | $370.3M | $349.4M | $328.0M | $259.2M | $222.2M | $181.0M | $160.8M |
| Income tax | $51.2M | $36.2M | $44.7M | $67.1M | $64.7M | $61.6M | $48.6M | $40.3M | $64.6M | $39.7M |
| Net income | $239.0M | $190.1M | $222.9M | $303.2M | $284.8M | $266.4M | $210.5M | $181.9M | $116.4M | $121.1M |
| EPS, basic | 2.00 | 1.68 | 2.01 | 2.74 | 2.87 | 2.81 | 2.39 | 2.18 | 1.50 | 1.59 |
| EPS, diluted | 1.99 | 1.68 | 2.01 | 2.74 | 2.86 | 2.81 | 2.38 | 2.17 | 1.50 | 1.59 |
| Shares, diluted (wtd. avg.) | 119.9M | 113.2M | 110.9M | 110.8M | 99.4M | 94.9M | 88.4M | 83.7M | 77.6M | 76.3M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $1.24B | $848.4M | $1.35B | $402.0M | $437.7M | $633.1M | $331.0M | $203.8M | $200.0M | $152.5M |
| Property, plant and equipment | $486.2M | $412.0M | $356.7M | $327.1M | $322.4M | $272.8M | $263.2M | $241.5M | $177.3M | $176.2M |
| Goodwill | $1.38B | $1.05B | $985.4M | $985.4M | $985.4M | $514.0M | $456.4M | $289.6M | $177.8M | $147.1M |
| Other intangibles | $105.3M | $51.2M | $31.9M | $41.6M | $52.3M | $55.5M | $63.3M | $49.2M | $14.2M | $12.3M |
| Total assets | $31.98B | $27.90B | $27.74B | $26.64B | $25.94B | $18.50B | $13.68B | $12.12B | $9.71B | $9.45B |
| Total liabilities | $27.76B | $24.68B | $24.72B | $23.79B | $22.76B | $16.20B | $11.72B | $10.60B | $8.51B | $8.33B |
| Retained earnings | $1.16B | $1.08B | $1.04B | $967.0M | $810.3M | $667.9M | $541.0M | $473.2M | $402.3M | $374.4M |
| Total equity | $4.21B | $3.22B | $3.02B | $2.84B | $3.18B | $2.31B | $1.96B | $1.52B | $1.20B | $1.12B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $374.4M | $258.0M | $500.7M | $470.7M | $572.0M | $189.5M | $226.6M | $280.7M | $254.7M | $193.1M |
| Stock-based compensation | $6.3M | $5.7M | $5.9M | $5.4M | $4.3M | $3.6M | $7.5M | $3.1M | $3.0M | $1.8M |
| Capital expenditure | $26.8M | $48.3M | $49.5M | $33.8M | — | — | — | — | — | — |
| Investing cash flow | $1.06B | $493.1M | -$207.5M | -$1.35B | -$3.91B | -$3.56B | -$42.7M | -$872.4M | $23.7M | -$421.3M |
| Financing cash flow | -$1.05B | -$1.26B | $659.1M | $845.4M | $3.14B | $3.68B | -$56.8M | $595.5M | -$230.9M | $187.5M |
| Dividends paid | $162.7M | $150.0M | $146.7M | $157.5M | $145.6M | $131.3M | $124.5M | $85.5M | $111.7M | $84.0M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000868671-26-000023.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $64.7M | $69.8M | $76.7M | $69.9M | $54.5M | $65.2M | $82.8M | $88.5M | $94.0M | $101.1M |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | $121.1M | $116.4M | $181.9M | $210.5M | $266.4M | $284.8M | $303.2M | $222.9M | $190.1M | $239.0M |
Recent filings and events
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Regulation FD disclosure Item 7.01
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Regulation FD disclosure Item 7.01
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Regulation FD disclosure Item 7.01
- Results announced Item 2.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Regulation FD disclosure Item 7.01
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Regulation FD disclosure Item 7.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 6022
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|---|---|---|---|---|
| BNY | Bank of New York Mellon Corp | $98.57B | 19.6x | 7.8% |
| FITB | FIFTH THIRD BANCORP | $48.05B | 15.0x | -5.0% |
| STT | STATE STREET CORP | $46.10B | 17.9x | 7.3% |
| MTB | M&T BANK CORP | $32.01B | 13.0x | 7.5% |
| NTRS | NORTHERN TRUST CORP | $30.72B | 19.2x | 6.1% |
| CFG | CITIZENS FINANCIAL GROUP INC/RI | $27.44B | 16.9x | 6.7% |
| FCNCA | FIRST CITIZENS BANCSHARES INC /DE/ | $27.41B | 14.4x | -2.2% |
| EWBC | EAST WEST BANCORP INC | $17.97B | 13.8x | 2.4% |