Glacier Bancorp Q2 2023 Earnings Report

Glacier Bancorp EPS Results

• Actual EPS: $0.50
• Consensus EPS: $0.50
• Beat/Miss: Met Expectations
• One Year Ago EPS: N/A

Glacier Bancorp Revenue Results

• Actual Revenue: $201.06 million
• Expected Revenue: $208.43 million
• Beat/Miss: Missed by -$7.37 million
• YoY Revenue Growth: N/A

Glacier Bancorp Announcement Details

• Quarter: Q2 2023
• Date: 7/20/2023
• Time: N/A

Glacier Bancorp (NASDAQ:GBCI) operates as the bank holding company for Glacier Bank that provides commercial banking services to individuals, small to medium-sized businesses, community organizations, and public entities in the United States. The company offers retail banking, business banking, and mortgage origination and loan servicing services. It also provides non-interest bearing deposit and interest bearing deposit accounts, such as negotiable order of withdrawal and demand deposit accounts, savings, money market deposits, fixed rate certificates of deposit, negotiated-rate jumbo certificates, and individual retirement accounts. In addition, the company offers construction and permanent loans on residential real estate; consumer land or lot loans; unimproved land and land development loans; and residential builder guidance lines comprising pre-sold and spec-home construction, and lot acquisition loans. Further, it provides commercial real estate loans to purchase, construct, and finance commercial real estate properties; consumer loans secured by real estate, automobiles, or other assets; home equity loans consisting of junior lien mortgages, and first and junior lien lines of credit secured by owner-occupied 1-4 family residences; and agriculture loans. Glacier Bancorp, Inc. was founded in 1955 and is headquartered in Kalispell, Montana.