Welcome to our dedicated page for Glacier Bancorp news (Ticker: GBCI), a resource for investors and traders seeking the latest updates and insights on Glacier Bancorp stock.
Glacier Bancorp Inc (GBCI) delivers community-focused banking services across six western states through its network of regional subsidiaries. This news hub provides investors and stakeholders with timely updates on the company’s financial performance, strategic initiatives, and market positioning.
Access official press releases, earnings reports, and regulatory filings in one centralized location. Track developments in commercial real estate lending, regional expansion efforts, and leadership updates that shape this bank holding company’s operations. Our curated collection eliminates the need to monitor multiple sources for critical information about GBCI’s activities in Montana, Idaho, Utah, and neighboring markets.
Key updates include quarterly financial results, merger/acquisition announcements, dividend declarations, and regulatory compliance milestones. All content is sourced directly from company communications to ensure accuracy and timeliness. Bookmark this page for convenient access to Glacier Bancorp’s evolving story in the regional banking sector.
In the first quarter of 2023, Glacier Bancorp, Inc. (GBCI) reported a net income of $61.2 million, reflecting a decrease of 10% from the previous year. The diluted earnings per share also fell to $0.55, down 10% year-over-year. Despite challenges from rising funding costs linked to Federal Reserve rate increases, interest income increased 22% year-over-year to $232 million. The company maintained a strong cash position with liquidity of $15.1 billion. Total deposits stood at $21.34 billion, a slight decrease compared to the prior quarter. A quarterly dividend of $0.33 per share was declared, continuing a streak of 152 consecutive dividends. Non-performing assets remained stable at 0.12% of subsidiary assets.
Glacier Bancorp, Inc. (NYSE: GBCI) is set to release its first quarter financial results after market close on April 20, 2023. Investors can join a conference call scheduled for April 21, 2023, at 11:00 a.m. Eastern Time. Registration is required to obtain dial-in instructions, as the general dial-in number is no longer available. Participants may also log in to a webcast for real-time updates.
The company operates multiple bank divisions across several states including Glacier Bank, Altabank, and Citizens Community Bank, among others. For those unable to attend the live call, an archived version will be accessible on the company's website.
Glacier Bancorp, Inc. (NYSE: GBCI) announced a quarterly dividend of $0.33 per share on March 29, 2023. This marks the 152nd consecutive quarterly dividend declared by the company, which has increased dividends 49 times since its inception. The dividend payment is scheduled for April 20, 2023, to shareholders recorded as of April 11, 2023.
This consistent performance underscores the company's commitment to delivering value to its shareholders.
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