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Glacier Bancorp (GBCI) Meets Q1 Earnings Estimates
GBCIGlacier Bancorp(GBCI) ZACKS·2025-04-24 22:55

Group 1: Earnings Performance - Glacier Bancorp reported quarterly earnings of 0.48pershare,matchingtheZacksConsensusEstimate,andshowinganincreasefrom0.48 per share, matching the Zacks Consensus Estimate, and showing an increase from 0.29 per share a year ago [1] - The company had a surprise of 1.89% in the previous quarter, posting earnings of 0.54pershareagainstanexpected0.54 per share against an expected 0.53 [1] - Over the last four quarters, Glacier Bancorp has surpassed consensus EPS estimates three times [1] Group 2: Revenue Performance - The company posted revenues of 222.62millionforthequarterendedMarch2025,missingtheZacksConsensusEstimateby1.21222.62 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 1.21%, but up from 196.47 million year-over-year [2] - Glacier Bancorp has topped consensus revenue estimates two times over the last four quarters [2] Group 3: Stock Performance and Outlook - Glacier Bancorp shares have declined approximately 16.7% since the beginning of the year, compared to a decline of 8.6% for the S&P 500 [3] - The company's earnings outlook is mixed, with a current Zacks Rank of 3 (Hold), indicating expected performance in line with the market [6] - The current consensus EPS estimate for the coming quarter is 0.48onrevenuesof0.48 on revenues of 242.7 million, and for the current fiscal year, it is 2.31on2.31 on 1 billion in revenues [7] Group 4: Industry Context - The Zacks Industry Rank for Banks - West is currently in the bottom 42% of over 250 Zacks industries, suggesting potential challenges for stock performance [8]