GLACIER BANCORP, INC.
Business
Glacier Bancorp, Inc. is a bank holding company providing retail and commercial banking services to individuals, small to medium-sized businesses, community organizations, and public entities through 281 locations across nine states: Montana, Idaho, Utah, Washington, Wyoming, Colorado, Arizona, Nevada, and Texas. The company offers retail banking, business banking, real estate lending, agriculture and consumer loans, and mortgage services through its wholly-owned subsidiary and eighteen regional bank divisions.
Summary from 10-K filed 2026-02-25
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Investment securities | 187 | 195 | 202 | 169 | 122 | |
| Residential real estate loans | 111 | 90 | 71 | 57 | 43 | |
| Commercial loans | 900 | 766 | 670 | 549 | 471 | |
| Consumer and other loans | 98 | 89 | 75 | 54 | 45 | |
| Total interest income | 1,296 | 1,140 | 1,018 | 830 | 681 | |
| Deposits | 274 | 273 | 162 | 15 | 12 | |
| Securities sold under agreements to repurchase | 57 | 56 | 36 | 3 | 2 | |
| Federal Home Loan Bank advances | 62 | 73 | 27 | 17 | 0 | |
| FRB Bank Term Funding | 0 | 27 | 93 | 0 | 0 | |
| Other borrowed funds | 2 | 1 | 1 | 1 | 713,000 | |
| Subordinated debentures | 11 | 6 | 6 | 5 | 3 | |
| Total interest expense | 407 | 435 | 326 | 41 | — | |
| Net Interest Income | 889 | 705 | 692 | 788 | 663 | |
| Provision for credit losses | 71 | 28 | 15 | 20 | 23 | |
| Net interest income after provision for credit losses | 818 | 676 | 677 | 768 | 639 | |
| Service charges and other fees | 85 | 79 | 75 | 72 | 59 | |
| Miscellaneous loan fees and charges | 20 | 19 | 17 | 15 | 12 | |
| Gain on sale of loans | 18 | 17 | 12 | 20 | 63 | |
| Gain on sale of securities | 0 | 30,000 | 2 | 620,000 | −638,000 | |
| Other income | 18 | 14 | 12 | 13 | 11 | |
| Total non-interest income | 141 | 128 | 118 | 121 | 145 | |
| Compensation and employee benefits | 393 | 337 | 309 | 319 | 271 | |
| Occupancy and equipment | 56 | 47 | 44 | 43 | 39 | |
| Advertising and promotions | 18 | 16 | 15 | 14 | 12 | |
| Data processing | 43 | 37 | 34 | 31 | 23 | |
| Other real estate owned and foreclosed assets | 292,000 | 217,000 | 119,000 | 77,000 | 236,000 | |
| Regulatory assessments and insurance | 23 | 24 | 29 | 13 | 8 | |
| Amortization of core deposit and other intangibles | 16 | 13 | 10 | 11 | 10 | |
| Other expenses | 121 | 104 | 87 | 88 | 71 | |
| Total non-interest expense | 669 | 578 | 527 | 519 | 435 | |
| Income Before Income Taxes | 290 | 226 | 268 | 370 | 349 | |
| Federal and state income tax expense | 51 | 36 | 45 | 67 | 65 | |
| Net Income | 239 | 190 | 223 | 303 | 285 | |
| Basic earnings per share (in dollars per share) | 2 | 1.68 | 2.01 | 2.74 | 2.87 | |
| Diluted earnings per share (in dollars per share) | 1.99 | 1.68 | 2.01 | 2.74 | 2.86 | |
| Dividends declared per share (in dollars per share) | 1.32 | 1.32 | 1.32 | 1.32 | 1.37 | |
| Average outstanding shares - basic (in shares) | 120 | 113 | 111 | 111 | 99 | |
| Average outstanding shares - diluted (in shares) | 120 | 113 | 111 | 111 | 99 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash on hand and in banks | 322 | 269 | 247 | 300 | 198 | |
| Interest bearing cash deposits | 914 | 580 | 1,108 | 102 | 240 | |
| Cash and cash equivalents | 1,235 | 848 | 1,354 | 402 | 438 | |
| Debt securities, available-for-sale | 4,008 | 4,245 | 4,786 | 5,307 | 9,171 | |
| Debt securities, held-to-maturity | 3,110 | 3,295 | 3,502 | 3,715 | — | |
| Total debt securities | 7,118 | 7,540 | 8,288 | — | — | |
| Loans held for sale, at fair value | 39 | 33 | 16 | 12 | 61 | |
| Loans receivable | 20,928 | 17,262 | 16,198 | 15,247 | 13,432 | |
| Allowance for credit losses | −255 | −206 | −193 | −182 | −173 | |
| Loans receivable, net | 20,672 | 17,056 | 16,005 | 15,065 | 13,259 | |
| Premises and equipment, net | 486 | 412 | 422 | 398 | 373 | |
| Right-of-use assets, net | 76 | 56 | — | — | — | |
| Other real estate owned and foreclosed assets | 411,000 | 1 | 2 | 32,000 | 18,000 | |
| Accrued interest receivable | 120 | 99 | 95 | 84 | 77 | |
| Deferred tax asset, net | 101 | 139 | 159 | 193 | 28 | |
| Intangibles, net | 105 | 51 | 32 | 42 | 52 | |
| Goodwill | 1,378 | 1,051 | 985 | 985 | 985 | |
| Federal Home Loan Bank stock, at cost | 43 | 100 | 13 | 82 | — | |
| Bank-owned life insurance | 235 | 190 | 171 | 169 | 168 | |
| Other assets | 368 | 326 | 201 | 181 | 120 | |
| Total assets | 31,978 | 27,903 | 27,743 | 26,635 | 25,941 | |
| Non-interest bearing deposits | 7,315 | 6,137 | 6,023 | 7,691 | 7,779 | |
| Interest bearing deposits | 17,276 | 14,410 | 13,906 | 12,916 | 13,558 | |
| Securities sold under agreements to repurchase | 2,084 | 1,777 | 1,487 | 946 | 1,021 | |
| Federal Home Loan Bank advances | 440 | 1,800 | 0 | 1,800 | 0 | |
| Other borrowed funds | 51 | 62 | 82 | 77 | 44 | |
| Finance lease liabilities | 29 | 21 | — | — | — | |
| Subordinated debentures | 187 | 133 | 133 | 133 | 133 | |
| Accrued interest payable | 33 | 34 | 126 | 4 | 2 | |
| Operating lease liabilities | 53 | 40 | — | — | — | |
| Other liabilities | 296 | 265 | 226 | 225 | 226 | |
| Total liabilities | 27,764 | 24,679 | 24,722 | 23,792 | 22,763 | |
| Commitments and Contingent Liabilities | 0 | 0 | 0 | 0 | 0 | |
| Preferred shares, $0.01 par value per share, 1,000,000 shares authorized, none issued or outstanding | 0 | 0 | 0 | 0 | 0 | |
| Common stock, $0.01 par value per share, 234,000,000 shares authorized | 1 | 1 | 1 | 1 | 1 | |
| Paid-in capital | 3,220 | 2,449 | 2,350 | 2,344 | 2,339 | |
| Retained earnings - substantially restricted | 1,160 | 1,083 | 1,043 | 967 | 810 | |
| Accumulated other comprehensive loss | −167 | −309 | −374 | −469 | 27 | |
| Total stockholders equity | 4,214 | 3,224 | 3,020 | 2,843 | 3,178 | |
| Total liabilities and stockholders equity | 31,978 | 27,903 | 27,743 | 26,635 | 25,941 | |
| Number of common stock shares issued (in shares) | 130 | 113 | 111 | 111 | — | |
| Number of common stock shares outstanding (in shares) | 130 | 113 | 111 | 111 | 111 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net amortization of debt securities | 10 | 13 | 16 | 30 | 47 | |
| Net amortization of purchase accounting adjustments and deferred loan fees and costs | −8 | −6 | −5 | 3 | −18 | |
| Origination of loans held for sale | −780 | −665 | −436 | −743 | −1,551 | |
| Proceeds from loans held for sale | 792 | 738 | 550 | 845 | 1,798 | |
| Gain on sale of securities | 0 | −30,000 | −2 | −620,000 | 638,000 | |
| Bank-owned life insurance income, net | −5 | −4 | −4 | −4 | −3 | |
| Stock-based compensation, net of tax benefits | 6 | 6 | 6 | 5 | 4 | |
| Depreciation and amortization | 33 | 29 | 27 | 26 | 22 | |
| Loss (gain) on dispositions of premises and equipment | 224,000 | −5 | 160,000 | −3 | — | |
| Loss (gain) on sale and write-downs of other real estate owned, net | 157,000 | −1 | −321,000 | −121,000 | −105,000 | |
| Deferred tax (benefit) expense | −4 | 3 | 507,000 | 2 | −9 | |
| Amortization of investments in variable interest entities | 28 | 24 | 21 | 17 | 13 | |
| Net (increase) decrease in accrued interest receivable | −4 | 877,000 | −11 | −7 | 5 | |
| Net (increase) decrease in other assets | −10 | 9 | −10 | −23 | 8 | |
| Net (decrease) increase in accrued interest payable | −7 | −94 | 122 | 2 | −1 | |
| Net decrease in operating lease liabilities | −6 | −3 | −4 | — | — | |
| Net increase (decrease) in other liabilities | 20 | 407,000 | −5 | 8 | 588,000 | |
| Net cash provided by operating activities | 374 | 258 | 501 | 471 | 572 | |
| Sales of debt securities, available-for-sale | 318 | 238 | 30 | 326 | 0 | |
| Maturities, prepayments and calls of available-for-sale debt securities | 1,978 | 609 | 622 | 1,101 | 1,453 | |
| Purchases of available-for-sale debt securities | −1,128 | −50 | 0 | −472 | −6,315 | |
| Maturities, prepayments and calls of held-to-maturity debt securities | 198 | 205 | 210 | 212 | 49 | |
| Purchases of held-to-maturity debt securities | −14 | 0 | 0 | −523 | −223 | |
| Termination of interest rate swaps | 0 | −20 | 0 | 0 | — | |
| Net change in loans | −495 | −432 | −1,067 | — | — | |
| Proceeds from sale of premises and equipment | 5 | 14 | 251,000 | 11 | — | |
| Net additions to premises and equipment | −27 | −48 | −50 | −34 | — | |
| Proceeds from sale of other real estate owned | 3 | 2 | 391,000 | 1 | 3 | |
| Proceeds from redemption of equity securities | 68 | 150 | 631 | 366 | 4 | |
| Purchases of equity securities | −2 | −233 | −560 | −438 | −2,000 | |
| Proceeds from bank-owned life insurance | 3 | 417,000 | 2 | 2 | 2 | |
| Investments in variable interest entities | −50 | −50 | −26 | −41 | −23 | |
| Net cash received from acquisitions | 205 | 108 | 0 | 0 | — | |
| Net cash provided by (used in) investing activities | 1,064 | 493 | −207 | −1,352 | −3,907 | |
| Net increase (decrease) in deposits | 259 | −395 | −677 | −730 | 3,266 | |
| Net increase in securities sold under agreements to repurchase | 286 | 286 | 541 | −75 | 16 | |
| Net decrease in short-term Federal Home Loan Bank advances | −48 | −59 | −1,800 | 1,800 | 0 | |
| Proceeds from short-term Federal Reserve Bank Term Funding | 0 | 0 | 2,740 | 0 | 0 | |
| Repayments of short-term Federal Reserve Bank Term Funding | 0 | −2,740 | 0 | 0 | — | |
| Proceeds from long-term Federal Home Loan Bank advances | 0 | 1,800 | 0 | 0 | 0 | |
| Repayments of long-term Federal Home Loan Bank advances | −1,360 | 0 | 0 | 0 | 0 | |
| Net (decrease) increase in other borrowed funds | −21 | 5 | 7 | 9 | 4 | |
| Principal payments on finance lease liabilities | −4 | −4 | −4 | — | — | |
| Cash dividends paid | −163 | −150 | −147 | −158 | −146 | |
| Tax withholding payments for stock-based compensation | −3 | −2 | −2 | −2 | −2 | |
| Proceeds from stock option exercises | 1 | 113,000 | 75,000 | 140,000 | 265,000 | |
| Net cash (used in) provided by financing activities | −1,052 | −1,257 | 659 | 845 | 3,139 | |
| Net increase (decrease) in cash and cash equivalents | 387 | −506 | 952 | −36 | −195 | |
| Cash paid during the period for interest | 414 | 529 | 204 | 39 | 20 | |
| Cash paid during the period for income taxes | 32 | 16 | 28 | 55 | 67 | |
| Sale and refinancing of other real estate owned | 0 | 6,000 | 22,000 | 0 | 0 | |
| Transfer of loans to other real estate owned | 2 | 879,000 | 2 | 97,000 | 1 | |
| Right-of-use assets obtained in exchange for new lease liabilities | 13 | 395,000 | 2 | 25 | 801,000 | |
| Equity investments obtained in exchange or delayed equity contributions | 37 | 34 | 37 | 57 | — | |
| Fair value of common stock shares issued | 765 | 92 | 0 | 0 | 840 | |
| Cash consideration | 3,000 | 26 | 0 | 0 | 9,000 | |
| Fair value of assets acquired | 4,721 | 1,181 | 0 | 0 | 4,132 | |
| Liabilities assumed | 3,956 | 1,088 | 0 | 0 | 3,292 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is GLACIER BANCORP, INC.'s CIK number?
GLACIER BANCORP, INC.'s SEC CIK number is 0000868671 (868671). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find GLACIER BANCORP, INC.'s SEC filings?
All of GLACIER BANCORP, INC.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did GLACIER BANCORP, INC. last report earnings?
GLACIER BANCORP, INC. (GBCI) most recently filed an earnings 8-K with the SEC on Apr 23, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0000868671-26-000043). This is GLACIER BANCORP, INC.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is GLACIER BANCORP, INC.'s most recent earnings 8-K?
GLACIER BANCORP, INC.'s latest earnings 8-K (Item 2.02) was filed Apr 23, 2026 under accession 0000868671-26-000043. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
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