Glacier Bancorp (GBCI) Stock Price, News & Analysis

Company Overview

Glacier Bancorp, Inc. 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.

Key Stats

• Today's Range: $55.52 to $56.52
• 50-Day Range: $42.40 to $58.26
• 52-Week Range: $32.00 to $59.19
• Volume: 431,999 shs
• Average Volume: 648,471 shs
• Market Capitalization: $6.33 billion
• P/E Ratio: 34.48
• Dividend Yield: 2.36%
• Price Target: $46.20
• Consensus Rating: Hold

Glacier Bancorp Stock Analysis - MarketRank™

Glacier Bancorp scored higher than 54% of companies evaluated by MarketBeat, and ranked 630th out of 950 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.2 / 5
• Analyst Rating: Hold

Consensus Rating

Glacier Bancorp has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Glacier Bancorp has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 45.51%

Earnings Growth

Earnings for Glacier Bancorp are expected to grow by 45.51% in the coming year, from $1.67 to $2.43 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Glacier Bancorp is 34.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.96.

Price to Earnings Ratio vs. Sector

The P/E ratio of Glacier Bancorp is 34.48, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 41.10.

Price to Book Value per Share Ratio

Glacier Bancorp has a P/B Ratio of 2.05. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for GBCI.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Glacier Bancorp pays a meaningful dividend of 2.35%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Glacier Bancorp does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Glacier Bancorp is 81.48%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Glacier Bancorp will have a dividend payout ratio of 54.32% next year. This indicates that Glacier Bancorp will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.4 / 5
• Environmental Score: -1.09

Short Interest

There is no current short interest data available for GBCI.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 1.23

News Sentiment

Glacier Bancorp has a news sentiment score of 1.23. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Glacier Bancorp this week, compared to 3 articles on an average week.

Search Interest

5 people have searched for GBCI on MarketBeat in the last 30 days. This is an increase of 67% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Glacier Bancorp insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.48% of the stock of Glacier Bancorp is held by insiders.

Percentage Held by Institutions

80.17% of the stock of Glacier Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

GBCI Stock Analysis - Frequently Asked Questions

How have GBCI shares performed this year?

Glacier Bancorp's stock was trading at $41.32 on January 1st, 2024. Since then, GBCI shares have increased by 35.2% and is now trading at $55.85.
View the best growth stocks for 2024 here.

How were Glacier Bancorp's earnings last quarter?

Glacier Bancorp, Inc. (NASDAQ:GBCI) released its quarterly earnings data on Thursday, October, 24th. The bank reported $0.45 earnings per share for the quarter, beating analysts' consensus estimates of $0.42 by $0.03. The bank earned $324.28 million during the quarter, compared to analysts' expectations of $212.57 million. Glacier Bancorp had a trailing twelve-month return on equity of 5.84% and a net margin of 14.69%.

Who are Glacier Bancorp's major shareholders?

Glacier Bancorp's top institutional shareholders include State Street Corp (4.59%), Geode Capital Management LLC (2.56%), Thrivent Financial for Lutherans (1.49%) and Charles Schwab Investment Management Inc. (1.44%). Insiders that own company stock include Craig A Langel, Ron J Copher, Don J Chery, Annie M Goodwin, Randall M Chesler and David C Boyles.
View institutional ownership trends.

How do I buy shares of Glacier Bancorp?

Shares of GBCI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Glacier Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Glacier Bancorp investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Netflix (NFLX), Tesla (TSLA), JPMorgan Chase & Co. (JPM) and Exxon Mobil (XOM).

Company Calendar

• Ex-Dividend for 10/17 Dividend: 10/08/2024
• Dividend Payable: 10/17/2024
• Last Earnings: 10/24/2024
• Today: 11/19/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 1/23/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:GBCI
• CUSIP: 37637Q10
• CIK: 868671
• Web: www.glacierbancorp.com
• Phone: (406) 756-4200
• Fax: 406-756-3518
• Employees: 3,358
• Year Founded: 1955

Price Target and Rating

• Average Stock Price Target: $46.20
• High Stock Price Target: $53.00
• Low Stock Price Target: $40.00
• Potential Upside/Downside: -17.3%
• Consensus Rating: Hold
• Rating Score (0-4): 2.40
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.62
• Trailing P/E Ratio: 34.48
• Forward P/E Ratio: 33.44
• P/E Growth: N/A
• Net Income: $222.93 million
• Net Margins: 14.69%
• Pretax Margin: 17.28%
• Return on Equity: 5.84%
• Return on Assets: 0.65%

Debt

• Debt-to-Equity Ratio: 0.62
• Current Ratio: 0.80
• Quick Ratio: 0.80

Sales & Book Value

• Annual Sales: $1.14 billion
• Price / Sales: 5.58
• Cash Flow: $2.60 per share
• Price / Cash Flow: 21.45
• Book Value: $27.24 per share
• Price / Book: 2.05

Miscellaneous

• Outstanding Shares: 113,400,000
• Free Float: 112,854,000
• Market Cap: $6.33 billion
• Optionable: Optionable
• Beta: 0.77