Glacier Bancorp Inc reports results for the quarter ended in March - Earnings Summary

Glacier Bancorp

21/04/2022 23:08

* Glacier Bancorp Inc  GBCI.N  reported quarterly adjusted
earnings of 61 cents​​ per share for the quarter ended in March.
The mean expectation of seven analysts for the quarter was
for earnings of 61 cents per share.
    * Revenue rose 17.9% to $190.39 million from a year ago; 
analysts
expected $187.07 million. 
    * Glacier Bancorp Inc's reported EPS for the quarter was 61
cents​.
    * The mean earnings estimate of analysts had fallen by
about 7.6%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Glacier Bancorp Inc shares had fallen by 3.9% this
quarter and
lost 14.6% so far this year.
    * The company reported quarterly net income of $67.8
million.
    * Wall Street's median 12-month price target for Glacier
Bancorp
Inc is $58.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 

This summary was machine generated April 21 at 10:08 p.m.  ​All
figures in US dollars unless otherwise stated