Glacier Bancorp Inc reports results for the quarter ended December 31 - Earnings Summary

Glacier Bancorp

23/01/2025 23:20

* Glacier Bancorp Inc  GBCI.N  reported quarterly adjusted
earnings of 54 cents​​ per share for the quarter ended December
31, higher than the same quarter last year, when the company
reported EPS of 49 cents.  The mean expectation of six analysts
for the quarter was for earnings of 52 cents per share. Wall
Street expected results to range from 49 cents to 55 cents per
share.
    * Revenue rose 5.4% to $195.45 million from a year ago;
analysts
expected $198.02 million. 
    * Glacier Bancorp Inc's reported EPS for the quarter was 54
cents​.
    * The company reported quarterly net income of $61.75
million.
    * Glacier Bancorp Inc shares had risen by 2.8% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 6.5%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "hold"

Wall Street's median 12-month price target for Glacier Bancorp
Inc is $57.50 
This summary was machine generated from LSEG data January 23 at
11:20 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.52           0.54           Beat
 Sep. 30 2024      0.42           0.45           Beat
 Jun. 30 2024      0.37           0.39           Beat
 Mar. 31 2024      0.33           0.29           Missed