What is Glacier Bancorp's gross profit margin?

What does Glacier Bancorp do and what are its main business segments?

What is the revenue and EPS growth rate for Glacier Bancorp year over year?

What guidance did Glacier Bancorp's management provide for the next earnings period?

What is the market's earnings forecast for Glacier Bancorp next quarter?

What factors drove the changes in Glacier Bancorp's revenue and profit?

Did Glacier Bancorp beat or miss consensus estimates last quarter?

What were the key takeaways from Glacier Bancorp's earnings call?

- **Revenue and Profit Growth**: 26% net income increase to $239 million, driven by acquisitions and margin expansion.
- **Margin Expansion**: NIM at 3.58%, targeting 4% by mid-2026 through repricing and cost control.
- **Strong Balance Sheet**: $32 billion in assets, 21% loan growth, and 20% deposit growth highlight scale expansion.
- **Efficiency Improvements**: Efficiency ratio to mid-50s, supported by $750-766 million core expense guidance.
- **Strategic Acquisitions**: $4.7 billion in 2025 acquisitions, with Guaranty Bank set to contribute immediately post-conversion.

**【CEO Opening Remarks】**
- **Record Growth**: Total assets exceeded $30 billion, ending 2025 at $32 billion. Net income was $63.8 million for Q4, up 26% year-over-year to $239 million. Diluted EPS was $1.99 for the year, a 18% increase.
- **Strategic Acquisitions**: Completed $4.7 billion in acquisitions, including Bank of Idaho and Guaranty Bank & Trust, expanding into Idaho and Texas. Net interest margin expanded to 3.58%, up 61 basis points year-over-year.
- **Loan and Deposit Growth**: Loan portfolio grew 21% to $21 billion, deposits increased 20% to $24.6 billion. Loan yield improved to 6.09%, driven by higher rates and disciplined growth.

**【CFO Financial Commentary】**
- **Expense Management**: Q4 noninterest expense was $195 million, up 16% due to acquisitions. Core operating expenses for 2026 are guided at $750-$766 million, with efficiency ratio targeting mid-50s.
- **Margin Trajectory**: Net interest income rose 26% to $889 million. NIM expected to reach 4% by mid-2026, supported by $2 billion in repricing assets and declining funding costs.

**【Q&A Highlights】**
- **Growth Prospects**: Organic loan growth of 1% annualized in Q4, with pipeline strength for 2026. Guaranty Bank to contribute immediately post-conversion in February.
- **Expense Trends**: Q1 2026 expenses guided at $189-$193 million, moderating in subsequent quarters. Technology investments driving efficiency.
- **Credit Quality**: Nonperforming assets at 22 basis points, stable with conservative allowance of 1.22% of loans.
- **M&A Outlook**: Actively pursuing deals in Mountain West and Southwest, with disciplined approach to integration and cultural fit.

Glacier Bancorp, Inc. (GBCI) Q4 2025 Earnings Call Transcript

- **Record Profit Growth**: Q3 net income up 29% QoQ and 33% YoY, driven by 7 straight quarters of margin expansion (3.39% NIM). 
- **Strategic Acquisitions**: $3.1 billion Guaranty Bank acquisition expands into Texas, with 20% expense savings potential. 
- **Strong Loan Growth**: Commercial real estate leads 6% annualized loan growth to $18.8 billion. 
- **Credit Resilience**: 0.19% nonperforming assets and 1.22% allowance ratio reflect disciplined underwriting. 
- **Texas Expansion**: First foray into Texas with seamless integration planned, no geographic bias in M&A strategy.

**【CEO Summary Section】**
- Reported net income of $67.9 million ($0.57 per diluted share), up 29% QoQ and 33% YoY. 
- Completed Bank of Idaho core conversion and $3.1 billion Guaranty Bank acquisition, expanding into Texas.
- Loan portfolio grew $258 million (6% annualized), driven by commercial real estate. Deposits reached $22 billion (4% annualized growth).
- Net interest margin expanded to 3.39% (7 consecutive quarters of growth), with loan yield at 5.97%.
- Credit quality remained strong with 0.19% nonperforming assets and 1.22% allowance for credit losses.
- Tangible book value per share increased to $20.46, up 8% YoY.

**【CFO Financial Commentary】**
- Noninterest expense: $168 million (+$13 million QoQ) due to acquisition costs. Core expense flat at $160 million.
- Net interest income: $225 million (+$18 million QoQ, +$45 million YoY). 
- Efficiency ratio: 62% (down from 65% YoY). 
- Tax rate elevated at 23% due to nondeductible merger expenses. 
- 2026 guidance: 20% noninterest expense savings from Guaranty conversion (50% realized in 2026).

**【Q&A Key Highlights】**
- **Margin Outlook**: 18-20bp Q4 expansion, with 4%+ NIM achievable by end-2026. FHLB deleverage complete by Q1/26. 
- **Texas Expansion**: First acquisition in Texas, with seamless integration planned. No geographic prioritization in M&A. 
- **Deposit Beta**: 15-20% for rate cuts, higher with Guaranty. Spot rate 1.22% at end-Q3. 
- **Expense Guidance**: Q4 noninterest expense $185-189 million (includes $21 million Guaranty costs). 
- **Credit Quality**: Ag sector stress manageable. No material risks in small business lending. 
- **M&A Strategy**: Attractive acquirer with 162 consecutive dividend payments. Focus on flawless conversions before pursuing new deals.

Glacier Bancorp, Inc. (GBCI) Q3 2025 Earnings Call Transcript

- **Record Margin Expansion**: NIM up 17bps to 3.21%, with 15-17bps quarterly growth expected, targeting 3.50% by year-end.
- **Acquisition Synergy**: Bank of Idaho integration driving 17bps margin lift; Guaranty deal could add 6-7bps.
- **Strong Loan Growth**: 8% QoQ loan growth, 6% annualized organic expansion, supported by CRE pipeline strength.
- **Efficiency Improvement**: Efficiency ratio drops to 62.08%, with core expenses growing 1% QoQ and 2% in Q3.
- **Texas Expansion**: First entry into Texas with $3.1B Guaranty acquisition, positioning for Southwest growth.

**【CEO Opening Remarks】**
- **Strong Q2 Performance**: Net income of $52.8M ($0.45 EPS), up 18% YoY. Loan portfolio grew 8% QoQ to $18.5B, driven by commercial real estate. Deposits rose 5% to $21.6B, with noninterest-bearing deposits at 30% of total.
- **Acquisition Highlights**: Completed Bank of Idaho ($1.4B assets) and announced Guaranty Bancshares ($3.1B) acquisition, expanding into Texas.
- **Margin Expansion**: Net interest margin (NIM) expanded 17bps to 3.21%, sixth consecutive quarter of growth. Loan yield increased 9bps to 5.86%, while funding costs declined 5bps to 1.63%.
- **Credit Quality**: Nonperforming assets at 0.17% of total, with $1.6M net charge-offs. Allowance for credit losses at 1.22% of loans.
- **Capital Strength**: Tangible book value per share up 8% YoY to $19.79. Dividend of $0.33 declared, 161st consecutive quarter.

**【CFO Financial Commentary】**
- **Expense Management**: Noninterest expense $155M (+3% QoQ), including $3.2M acquisition costs. Efficiency ratio improved to 62.08% (vs. 65.49% prior quarter).
- **Income Growth**: Net interest income $208M (+9% QoQ, +25% YoY). Noninterest income $32.9M (+2% YoY), driven by service charges.
- **Credit Losses**: Provision for credit losses $20.3M, including $16.7M from Bank of Idaho. Core provision $3.6M.
- **Expense Guidance**: Q3/Q4 core noninterest expense guided to $159-161M and $161-163M, reflecting 3-4M incremental costs from Bank of Idaho.

**【Q&A Key Highlights】**
- **Margin Outlook**: Byron Pollan expects 15-17bps quarterly NIM expansion, targeting 3.50% by year-end. Guaranty acquisition could add 6-7bps.
- **Expense Trends**: Ron Copher notes 1% QoQ increase in core expenses, with 2% growth expected in Q3 excluding Bank of Idaho. Deferred consulting costs may rise.
- **Loan Growth**: Tom Dolan highlights 6% annualized organic growth, with pipeline strength in CRE. Payoff pressure expected to ease in H2.
- **Competitive Landscape**: Strong pricing discipline maintained, with 7.35% Q2 production yield. Minimal structural competition noted.
- **Texas Expansion**: Potential talent acquisition opportunities post-Guaranty deal, with existing lending team in place.


Glacier Bancorp, Inc. (GBCI) Q2 2025 Earnings Call Transcript

- **Record Profit Growth**: Q1 EPS up 66% YoY to $0.48, driven by 45bps NIM expansion to 3.04%. 
- **Acquisition Momentum**: $1.3B Bank of Idaho deal closes April 30, adding 4bps margin and $1.3B assets. 
- **Expense Control**: Noninterest expense flat YoY at $153M, with 2025 guide of $151-154M/Q1. 
- **Loan Pipeline Strength**: Despite Q1 payoffs, construction draws +20% YoY and pipeline supports low-mid single-digit growth. 
- **Credit Resilience**: Allowance raised to 1.22% but no material credit issues expected; 5-year streak of dividend increases maintained. 
- **M&A Leadership**: 2024 completed $1.2B M&A, targeting $1-3B deals in high-growth markets with 4-month deal-to-close track record.

**【CEO Opening Remarks】**
- Q1 diluted EPS: $0.48 (66% YoY increase), net income: $54.6M (67% YoY increase). 
- Net interest margin (NIM) expanded to 3.04% (45bps YoY), marking 5 consecutive quarters of growth. 
- Loan yield improved to 5.77% (31bps YoY), while deposit costs declined to 1.68% (3bps QoQ). 
- Completed acquisition of Bank of Idaho ($1.3B assets) with regulatory approvals secured for April 30 closing. 
- 2024 M&A pipeline includes $1.2B in completed transactions, with focus on high-growth markets like Montana and Washington. 

**【CFO Financial Details】**
- Q1 noninterest expense: $153M (flat YoY), with $1.2M gain on branch sale and $600K merger costs. 
- Core expense guide for 2025: $151-154M/Q1, $151-152M/Q2-4. 
- Bank of Idaho addition: $9-10M/Q1 noninterest expense starting Q2, contributing 4bps margin lift. 
- FHLB borrowings: $280M paid in Q1, $1.06B maturing in 2025. 

**【Q&A Key Highlights】**
- **Margin Trajectory**: 2025 NIM guide $320-325M, with 45bps YoY expansion. Bank of Idaho adds 4bps margin. 
- **Loan Growth**: Q1 decline due to payoffs, but pipeline strong for low-mid single-digit annual growth. 
- **Credit Quality**: Allowance for credit loss raised to 1.22% of loans (from 1.19%), but no material deterioration expected. 
- **M&A Strategy**: Targeting $1-3B acquisitions in Mountain West/Southwest, prioritizing negotiated deals. 
- **Economic Impact**: Customers cautious but proceeding with projects; construction draws +20% YoY. 
- **Tariffs on Lumber**: Minimal impact reported; customers absorbing costs through higher equity contributions. 

**【Balance Sheet Management】**
- Total deposits: $20.6B (+2% annualized), loans: $17B (-$48M QoQ). 
- Securities runoff: $200M+ expected in 2025, used to pay down high-cost borrowings. 
- Tangible book value: $19.28/sh (+7% YoY), dividend: $0.33/sh (160 consecutive quarters).

Glacier Bancorp (GBCI)-25 Apr 25-2025 Q1 Earnings call transcript

- **Record Q4 Performance**: $61.8M net income (+21% QoQ), 2.97% NIM (+14bps QoQ), and 3% expense reduction. 
- **2025 Growth Drivers**: 3.20-3.25% NIM target, $2B loan repricing, and $1.3B Idaho acquisition. 
- **Cost Efficiency**: 2025 expense guide of $151-154M/Q; $5M annual savings from prior deals. 
- **Strategic Acquisitions**: 2024: $1.2B assets. 2025: Idaho deal with 76% paid-to-trade ratio and high-growth market expansion. 
- **Credit Stability**: Near-record portfolio with no emerging trends; 2025 loan growth 3-5% organically.

**【CEO Opening Remarks】**
- Q4 2024 net income: $61.8M (21% YoQ, 14% YoY). Diluted EPS: $0.54 (20% YoQ, 10% YoY). 
- Net interest margin (NIM) expanded 14bps QoQ to 2.97%, driven by lower deposit costs and asset repricing. 
- Loan portfolio grew $81M (2% annualized) to $17.3B. Deposit costs declined 8bps QoQ to 1.29%. 
- Completed 2024 acquisitions totaling $1.2B in assets; announced $1.3B Bank of Idaho deal with 76% paid-to-trade ratio. 
- 2025 outlook: 3.20-3.25% NIM, low-mid single-digit loan growth, and $320-325M net interest income (including Idaho). 

**【CFO Financial Details】**
- Q4 2024 net interest income: $191M (+6% QoQ, +15% YoY). Loan yield: 5.72% (+3bps QoQ). 
- Core deposit costs: 1.29% (down 8bps QoQ). Total funding cost: 1.71% (down 8bps QoQ). 
- Noninterest expense: $141M (-3% QoQ). 2025 expense guide: $151-154M/Q (excluding Idaho). 
- Bank of Idaho adds $9-10M/Q in expenses post-close. 

**【Q&A Key Themes】**
- **Margin Outlook**: 2025 NIM expansion driven by $2B loan repricing (+100-125bps), security runoff ($275M/Q in 2025), and FHLB borrowings reduction. 
- **Loan Growth**: 2025 organic target: 3-5%. Idaho adds ~$1.3B in assets. 
- **Deposit Management**: CD rollover savings (~10-20bps) and seasonal DDA flows. 
- **Credit Quality**: Stable at near-record levels; no emerging trends. 
- **Expense Control**: 2025 cost savings: $5M from prior acquisitions; 2024 beat by $5M in PRC. 

**【M&A Highlights】**
- Rocky Mountain/Wheatland: $5M annual savings. Idaho: 0% TBV dilution, 10% accretion, and 3-year 20% ROE target. 
- 2024 M&A: $1.2B assets. 2025 pipeline: Idaho ($1.3B) and potential others in high-growth markets.

Actual											0.46	0.66	0.81	0.86	0.85	0.81	0.79	0.46	0.61	0.69	0.72	0.72	0.55	0.5	0.47	0.49	0.29	0.39	0.45	0.54	0.48	0.45	0.57	0.49
Forecast											0.4857	0.5029	0.6333	0.745	0.75	0.7243	0.7167	0.43	0.61	0.6857	0.73	0.73	0.6086	0.4929	0.4229	0.3843	0.3162	0.3686	0.4157	0.5167	0.47	0.3767	0.61	0.4933
Surprise	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-5.29%	+31.24%	+27.90%	+15.44%	+13.33%	+11.83%	+10.23%	+6.98%	0.00%	+0.63%	-1.37%	-1.37%	-9.63%	+1.44%	+11.14%	+27.50%	-8.29%	+5.81%	+8.25%	+4.51%	+2.13%	+19.46%	-6.56%	-0.67%

Actual	--	--	--	--	--	--	--	--	--	--	167.64M	189.44M	205.07M	210.46M	196.93M	190.99M	197.43M	221.98M	219.12M	221.72M	235.73M	232.54M	214.09M	201.06M	197.29M	197.32M	196.47M	198.68M	214.94M	222.99M	222.62M	240.56M	260.73M	306.51M
Forecast	--	--	--	--	--	--	--	--	--	--	166.78M	178.32M	192.31M	199.34M	202.49M	199.14M	195.15M	228.89M	221.16M	230.42M	239.01M	246.95M	230.04M	213.72M	198.44M	198.32M	202.66M	205.73M	215.37M	224.99M	227.14M	242.02M	259.83M	304.82M
Surprise	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	+0.52%	+6.24%	+6.64%	+5.58%	-2.75%	-4.09%	+1.17%	-3.02%	-0.92%	-3.78%	-1.37%	-5.83%	-6.93%	-5.93%	-0.58%	-0.51%	-3.06%	-3.43%	-0.20%	-0.89%	-1.99%	-0.60%	+0.35%	+0.56%

GBCI

GBCI fundamentals

GBCI Q4 2025 Earnings

Earnings Call

You can ask Aime

GBCI

GBCI fundamentals

GBCI Q4 2025 Earnings

Earnings Call

GBCI Earnings Call Summary for Q4/202511:00 AM on Jan 23, 2026

GBCI Earnings Call Summary for Q3/202511:00 AM on Oct 17, 2025

GBCI Earnings Call Summary for Q2/202511:00 AM on Jul 25, 2025

GBCI Earnings Call Summary for Q1/202511:00 AM on Apr 25, 2025

GBCI Earnings Call Summary for Q4/202411:00 AM on Jan 24, 2025

You can ask Aime