GLACIER BANCORP, INC. Earnings Per Share Disclosure
| Years ended | |||||||||||||||||
| (Dollars in thousands, except per share data) | December 31, 2025 | December 31, 2024 | December 31, 2023 | ||||||||||||||
| Net income available to common stockholders, basic and diluted | $ | 239,028 | 190,144 | 222,927 | |||||||||||||
| Average outstanding shares - basic | 119,753,227 | 113,170,157 | 110,864,501 | ||||||||||||||
| Add: dilutive restricted stock units and stock options | 181,829 | 73,270 | 25,946 | ||||||||||||||
| Average outstanding shares - diluted | 119,935,056 | 113,243,427 | 110,890,447 | ||||||||||||||
| Basic earnings per share | $ | 2.00 | 1.68 | 2.01 | |||||||||||||
| Diluted earnings per share | $ | 1.99 | 1.68 | 2.01 | |||||||||||||
Restricted stock units and stock options excluded from the diluted average outstanding share calculation 1 | 3,666 | 461 | 223,626 | ||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 25, 2026 | Showing above |
| 2024 | Feb 25, 2025 | |
| 2023 | Feb 23, 2024 | |
| 2022 | Feb 24, 2023 | |
| 2021 | Feb 23, 2022 | |
| 2020 | Mar 1, 2021 | |
| 2019 | Feb 21, 2020 | |
| 2018 | Feb 22, 2019 | |
| 2017 | Feb 22, 2018 | |
| 2016 | Feb 23, 2017 | |
| 2015 | Feb 25, 2016 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.