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.
Glacier Bancorp (GBCI) has signed an agreement to acquire Altabancorp (ALTA) for approximately $933.5 million, marking Glacier's 24th acquisition since 2000. This strategic move is aimed at expanding Glacier's operations in Utah, where Altabank serves as a significant community bank with 25 branches and total assets of $3.5 billion. The transaction, which requires regulatory and shareholder approvals, is expected to be accretive to Glacier's tangible book value and earnings per share upon completion in Q4 2021.
Glacier Bancorp reported net income of $80.8 million for Q1 2021, an 86% increase from $43.3 million in Q1 2020. Diluted EPS rose by 85% to $0.85. Non-interest expenses decreased by 13% quarter-over-quarter. Core deposits surged by $1.307 billion (35% annualized) and loans increased $147 million (5% annualized). The bank declared a dividend of $0.31, marking its 144th consecutive distribution. Non-performing assets remained stable at 0.19% of assets. The company continues to focus on growth through superior service in strong markets.
Glacier Bancorp (GBCI) will announce its first quarter financial results on April 22, 2021, after the market closes. The company has scheduled a conference call for investors on April 23, 2021, at 11:00 a.m. ET. Participants can join the call via telephone by dialing 877-561-2748 or through a webcast at this link. For those unable to attend live, the call will be archived on their website until April 30, 2021.
Glacier Bancorp, Inc. (NASDAQ: GBCI) declared a quarterly dividend of $0.31 per share at its March 31, 2021 meeting, marking a $0.01 increase. This decision reflects the company's strength, having declared 144 consecutive dividends and increased the dividend 47 times. The dividend is payable on April 22, 2021, to shareholders on record as of April 13, 2021.
Glacier Bancorp (NASDAQ:GBCI) reported a record net income of $81.9 million for Q4 2020, a 43% increase from $57.4 million in Q4 2019. Diluted EPS rose to $0.86 from $0.62, reflecting a 39% growth. The company saw a 159% increase in gains from loan sales totaling $26.2 million. The non-performing assets ratio improved to 0.19%. For the year, net income reached $266 million, up 27%, with diluted EPS at $2.81. Core deposits increased by 32% in 2020 and a quarterly dividend of $0.30 was declared, continuing a history of 143 consecutive dividends.
Glacier Bancorp (GBCI) will release its fourth quarter financial results on January 28, 2021, after market close. Investors can join a conference call on January 29, 2021, at 11:00 a.m. ET by calling 877-561-2748 with conference ID 6941139, or via webcast at this link. An archived version of the call will be available on the company's website or by calling 855-859-2056 until February 12, 2021. Glacier Bancorp operates multiple bank divisions across the western United States.
Glacier Bancorp, Inc. (GBCI) declared a special dividend of $0.15 per share on December 29, 2020. This marks the company's 143rd consecutive quarterly dividend and the 46th increase in dividends. The dividend will be payable on January 19, 2021, to shareholders on record as of January 8, 2021. This consistent performance underscores the company's commitment to returning value to its shareholders.
On November 18, 2020, Glacier Bancorp, Inc. (NASDAQ: GBCI) declared a quarterly dividend of $0.30 per share, marking the 143rd consecutive quarterly dividend and a total of 46 increases. The dividend will be payable on December 17, 2020, to shareholders on record as of December 8, 2020.
This consistent dividend policy reflects the company's confidence in its financial stability and commitment to shareholders.
Glacier Bancorp reported a net income of $77.8 million for Q3 2020, a 51% increase from the prior year's $51.6 million. Diluted earnings per share rose to $0.81, up 42% from $0.57. The company saw a 1% organic increase in loan portfolio, totaling $11.619 billion, alongside a 7% increase in core deposits, amounting to $12.8 billion. The net charge-offs lowered to $826 thousand, while non-performing assets decreased to 0.25% of subsidiary assets. The quarterly dividend was declared at $0.30 per share, marking the 142nd consecutive payout.
Glacier Bancorp, Inc. (NASDAQ: GBCI) has appointed Robert A. Cashell, Jr. and Kristen Heck as Directors effective January 1, 2021. Both will serve on various vital committees including Audit and Risk Oversight. Heck brings over 28 years of experience in staffing and business growth, while Cashell has 40 years in hospitality and gaming industries. Their appointments aim to enhance Glacier Bancorp's governance and oversight capabilities, strengthening its operational framework as the company continues to grow across various bank divisions.
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