Glacier Bancorp Inc (GBCI) |
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Price: $37.9000
$0.20
0.531%
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Day's High:
| $38.41
| Week Perf:
| -6.63 %
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Day's Low: |
$ 37.53 |
30 Day Perf: |
5.75 % |
Volume (M): |
1,685 |
52 Wk High: |
$ 44.42 |
Volume (M$): |
$ 63,850 |
52 Wk Avg: |
$34.32 |
Open: |
$37.60 |
52 Wk Low: |
$26.77 |
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Market Capitalization (Millions $) |
4,203 |
Shares
Outstanding (Millions) |
111 |
Employees |
2,245 |
Revenues (TTM) (Millions $) |
795 |
Net Income (TTM) (Millions $) |
223 |
Cash Flow (TTM) (Millions $) |
952 |
Capital Exp. (TTM) (Millions $) |
49 |
Glacier Bancorp Inc
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 Company is a publicly-traded company and
its common stock trades on the NASDAQ Global Select Market under the symbol
GBCI. The Company provides commercial banking services from 144 locations in
Montana, Idaho, Wyoming, Colorado, Utah and Washington through its wholly-owned
bank subsidiary, Glacier Bank (“Bank”). The Company offers a wide
range of banking products and services, including transaction and savings deposits,
real estate, commercial, agriculture, and consumer loans and mortgage origination
services. The Company serves individuals, small to medium-sized businesses,
community organizations and public entities.
The Company includes the parent holding company and nine wholly-owned subsidiaries
which consist of the Bank and eight non-bank subsidiaries. The eight non-bank
subsidiaries include GBCI Other Real Estate Owned (“GORE”) and seven
trust subsidiaries. The Company formed GORE to isolate certain foreclosed properties
for administrative purposes and the remaining properties are currently held
for sale. GORE is included in the Bank operating segment due to its insignificant
activity. The Company owns the following trust subsidiaries, each of which issued
trust preferred securities as Tier 1 capital instruments: Glacier Capital Trust
II, Glacier Capital Trust III, Glacier Capital Trust IV, Citizens (ID) Statutory
Trust I, Bank of the San Juans Bancorporation Trust I, First Company Statutory
Trust 2001, and First Company Statutory Trust 2003. The trust subsidiaries are
not included in the Company’s consolidated financial statements.
The Bank consists of thirteen bank divisions, a treasury division and an information
technology division. The Bank divisions include the following: Glacier Bank,
Kalispell; First Security Bank of Missoula; Valley Bank of Helena; Big Sky Western
Bank, Bozeman; Western Security Bank, Billings; and First Bank of Montana, Lewistown,
all operating in Montana; as well as Mountain West Bank, Coeur d’Alene
operating in Idaho, Utah and Washington; Citizens Community Bank, Pocatello,
operating in Idaho; 1st Bank, Evanston, operating in Wyoming and Utah; First
Bank of Wyoming, Powell and First State Bank, Wheatland, each operating in Wyoming;
North Cascades Bank, Chelan, operating in Washington; and Bank of the San Juans,
Durango, operating in Colorado. The treasury division includes the Bank’s
investment portfolio and wholesale borrowings and the information technology
division includes the Bank’s internal data processing and information
technology expenses. Each of the Bank divisions operate under separate names,
management teams and directors. The Company considers the Bank to be its sole
operating segment.
The Company provides full service brokerage services (selling products such
as stocks, bonds, mutual funds, limited partnerships, annuities and other insurance
products) through Raymond James Financial Services, a non-affiliated company.
The Company shares in the commissions generated, without devoting significant
employee time to this portion of the business.
Company Address: 49 Commons Loop Kalispell, 59901 MT
Company Phone Number: 756-4200 Stock Exchange / Ticker: NYSE GBCI
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Customers Net Income fell by |
GBCI's Customers Net Profit Margin fell to |
-19.05 % |
8.69 %
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Stock Performances by Major Competitors |
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Glacier Bancorp Inc
Glacier Bancorp, Inc. (NYSE: GBCI) recently made a significant move by successfully completing its acquisition of Community Financial Group, Inc. (OTC: CFGW), the bank holding company for Wheatland Bank. This acquisition has not only showcased Glacier Bancorp's consistent financial resilience but has also strengthened its strategic growth plan. By expanding its foothold in the Pacific Northwest region, Glacier Bancorp now stands as one of the Top 5 community banks by deposit market share. With the formation of Wheatland Bank, a Division of Glacier Bank, the organization solidifies its position within Central and Eastern Washington by adding 23 branches to its network. This expansion allows Glacier Bancorp to reach a larger customer base and deepen its market presence.
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Merger and Acquisition
Published Thu, Feb 1 2024 9:30 PM UTC
In a significant move that highlights its consistent financial resilience and strategic growth plan, Glacier Bancorp, Inc. (NYSE: GBCI) has successfully completed its acquisition of Community Financial Group, Inc. (OTC: CFGW), the bank holding company for Wheatland Bank, headquartered in Spokane, Washington. This transformative deal expands Glacier Bancorp's footho...
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Dividend
Published Wed, Nov 15 2023 9:30 PM UTC
KALISPELL, Mont., Nov. 15, 2023 - Glacier Bancorp, Inc., a leading regional bank, announced on November 15, 2023, that its Board of Directors has declared a quarterly dividend of $0.33 per share. This latest dividend declaration marks the company's 155th consecutive quarterly dividend and the 49th increase in the dividend. The dividend is set to be paid on December...
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Glacier Bancorp Inc
Glacier Bancorp Inc, a prominent regional bank based in Kalispell, Montana, recently disclosed softer financial results for the third quarter of 2023. The company reported a decline in both top-line and bottom-line numbers, with earnings per share dropping by 34.72% and revenue decreasing by 14.793% year on year. Earnings per share were $0.47, down from $0.72 in the same period the previous year, while revenue was $193.76 million, compared to $227.39 million. However, it is worth noting that the rest of the Regional Banks industry posted a top-line gain during the same period. Although Glacier Bancorp Inc experienced a decline, it is not uncommon for companies in the industry to face challenges and fluctuations. Investors should consider the overall performance of the industry, rather than solely focusing on one company's results.
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Dividend
Published Wed, Sep 27 2023 8:30 PM UTC
On September 27, 2023, Glacier Bancorp, Inc., a prominent regional bank based in Kalispell, Montana, declared a quarterly dividend of $0.33 per share. This announcement marks a continuing trend of success for the company, as it represents the 154th consecutive quarterly dividend declared and the 49th consecutive dividend increase. With its commitment to rewarding i...
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Per Share |
Current |
Earnings (TTM) |
2.01 $ |
Revenues (TTM) |
7.17 $
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Cash Flow (TTM) |
8.59 $ |
Cash |
-
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Book Value |
27.23 $
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Dividend (TTM) |
1.32 $ |
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Per Share |
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Earnings (TTM) |
2.01 $
|
Revenues (TTM) |
7.17 $ |
Cash Flow (TTM) |
8.59 $ |
Cash |
-
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Book Value |
27.23 $ |
Dividend (TTM) |
1.32 $ |
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