Glacier Bancorp Inc reports results for the quarter ended June 30 - Earnings Summary
Glacier Bancorp Inc reports results for the quarter ended June 30 - Earnings Summary
Glacier Bancorp Inc GBCI.N reported quarterly adjusted earnings of 75 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 45 cents. The mean expectation of six analysts for the quarter was for earnings of 76 cents per share. Wall Street expected results to range from 74 cents to 79 cents per share.
Revenue rose 33.1% to $276.43 million from a year ago; analysts expected $306.74 million.
Glacier Bancorp Inc's reported EPS for the quarter was 75 cents.
The company reported quarterly net income of $97.86 million.
Glacier Bancorp Inc shares had fallen by 0.8% this quarter and gained 16.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 0.1% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy"
Wall Street's median 12-month price target for Glacier Bancorp Inc is $56.50, about 10.4% above its last closing price of $50.65
This summary was machine generated from LSEG data July 23 at 09:59 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 |
Jun. 30 2026 | 0.76 | 0.75 | Missed |
Mar. 31 2026 | 0.67 | 0.63 | Missed |
Dec. 31 2025 | 0.49 | 0.49 | Met |
Sep. 30 2025 | 0.61 | 0.57 | Missed |