Brief: Glacier Bancorp Q2 EPS USD 0.45

Glacier Bancorp

24/07/2025 21:30

Overview

Glacier Bancorp Q2 diluted EPS falls 6% qtr/qtr, rises 15% yr/yr

Net income for Q2 declines 3% qtr/qtr, increases 18% yr/yr

Net interest income grows 9% qtr/qtr, driven by higher loan yields

Co completes acquisition of Bank of Idaho, plans to acquire Guaranty Bancshares

Outlook

Company expects Guaranty acquisition to close in Q4 2025

Company plans to expand into Texas with Guaranty acquisition

Glacier Bancorp focuses on growth through acquisitions

Result Drivers

ACQUISITION EXPENSES - $19.9 mln in acquisition-related expenses impacted earnings

LOAN YIELDS - Higher loan yields contributed to a 9% increase in net interest income qtr/qtr

DEPOSIT GROWTH - Total deposits rose 5% qtr/qtr, with non-interest bearing deposits increasing 8%

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
$0.45
Q2 Net Income
$52.78 mln
Q2 Net Interest Income
$208 mln
Q2 Net Interest Margin
3.2%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy"

Wall Street's median 12-month price target for Glacier Bancorp Inc is $50.00, about 8.2% above its July 23 closing price of $45.88

The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 18 three months ago

Press Release: ID:nGNXB0Gyz

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)