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Glacier Bancorp, Inc. - GBCI STOCK NEWS

Welcome to our dedicated news page for Glacier Bancorp (Ticker: GBCI), a resource for investors and traders seeking the latest updates and insights on Glacier Bancorp.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Glacier Bancorp's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Glacier Bancorp's position in the market.

Rhea-AI Summary
Glacier Bancorp, Inc. reported a net income of $32.6 million for the first quarter of 2024, showing a decrease from the prior quarter and prior year first quarter. The company's interest income and loan portfolio increased, while non-interest expense rose significantly. The acquisition of Wheatland Bank impacted the financial results.
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Glacier Bancorp, Inc. has received regulatory approval for the acquisition of six Montana branches from HTLF Bank. The transaction is expected to be completed in July 2024 and is projected to be accretive to Glacier's earnings per share in 2024 and 2025. The branches had approximately $463 million in local deposits and $296 million in loans as of March 31, 2024.
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Glacier Bancorp, Inc. (NYSE: GBCI) will announce its first quarter financial results on April 18, 2024, with an investor conference call scheduled for April 19, 2024. Investors can register for the call through a provided link or join via webcast. The company operates various bank divisions across different states.
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Glacier Bancorp, Inc. (GBCI) declares a quarterly dividend of $0.33 per share, marking the 156th consecutive dividend and the 49th increase. Shareholders will receive the dividend on April 18, 2024.
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Glacier Bancorp, Inc. has completed the acquisition of Community Financial Group, Inc., forming a new division called 'Wheatland Bank, a Division of Glacier Bank.' This acquisition will create a Top 5 community bank by deposit market share, operating through 23 branches in Central and Eastern Washington. The division will be led by Susan M. Horton, offering enhanced service accessibility and a more diverse suite of technology, products, and services to customers. As of September 30, 2023, Wheatland Bank had total assets of $763 million, total loans of $491 million, and total deposits of $609 million.
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-2.04%
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Glacier Bancorp, Inc. (GBCI) reported a net income of $54.3 million for the current quarter, a decrease of $25.4 million, or 32 percent, from the $79.7 million of net income for the prior year fourth quarter. The acquisition of Community Financial Group, Inc., the parent company of Wheatland Bank, is expected to be completed by January 31, 2024. The company's net income for 2023 was $223 million, a decrease of $80.3 million, or 26 percent, from $303 million for the prior year. The loan portfolio of $16.198 billion increased $951 million, or 6 percent, during the current year. The company's stockholders’ equity of $3.020 billion increased $146 million, or 5 percent, during the current quarter and increased $177 million, or 6 percent, over the prior year end.
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Glacier Bancorp, Inc. (NYSE: GBCI) to report Q4 financial results on January 25, 2024, with an investor conference call scheduled for January 26, 2024. The company's bank divisions include Altabank, Bank of the San Juans, Citizens Community Bank, and more. The CEO is Randall M. Chesler and the CFO is Ron J. Copher.
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Glacier Bancorp, Inc. (NYSE: GBCI) Declares Quarterly Dividend of $0.33 per Share
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Glacier Bancorp reports a decrease in net income for the third quarter of 2023, primarily due to increased funding costs. The company announces the signing of a definitive agreement to acquire Community Financial Group, Inc., parent company of Wheatland Bank.
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Glacier Bancorp to report Q3 financial results on October 19, 2023
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Glacier Bancorp, Inc.

NYSE:GBCI

GBCI Rankings

GBCI Stock Data

4.09B
112.73M
0.48%
83.81%
4.1%
Commercial Banking
Finance and Insurance
Link
US
Kalispell

About GBCI

glacier bancorp, inc. is a regional bank holding company providing commercial banking services in 80 communities in montana, idaho, utah, washington, wyoming and colorado. glacier bancorp, inc. is headquartered in kalispell, montana, and is the parent company for glacier bank, kalispell and bank divisions 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.