Glacier Bancorp, Inc. (NASDAQ:GBCI – Free Report) – Stock analysts at DA Davidson lifted their FY2026 EPS estimates for shares of Glacier Bancorp in a report issued on Thursday, June 26th. DA Davidson analyst J. Rulis now expects that the bank will post earnings of $3.00 per share for the year, up from their prior estimate of $2.85. DA Davidson currently has a “Buy” rating and a $50.00 target price on the stock. The consensus estimate for Glacier Bancorp’s current full-year earnings is $2.45 per share.
Glacier Bancorp (NASDAQ:GBCI – Get Free Report) last issued its earnings results on Monday, April 28th. The bank reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.46 by $0.02. Glacier Bancorp had a net margin of 14.99% and a return on equity of 5.98%. During the same period in the previous year, the firm posted $0.29 EPS.
Check Out Our Latest Research Report on GBCI
Glacier Bancorp Stock Performance
NASDAQ GBCI opened at $42.91 on Monday. The company has a 50-day simple moving average of $41.78 and a two-hundred day simple moving average of $45.34. Glacier Bancorp has a 12-month low of $35.57 and a 12-month high of $60.67. The firm has a market cap of $4.87 billion, a price-to-earnings ratio of 25.69 and a beta of 0.77. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.63.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the business. Y Intercept Hong Kong Ltd purchased a new stake in Glacier Bancorp in the 4th quarter worth approximately $281,000. Bank of New York Mellon Corp raised its holdings in shares of Glacier Bancorp by 4.6% during the fourth quarter. Bank of New York Mellon Corp now owns 1,194,495 shares of the bank’s stock valued at $59,988,000 after acquiring an additional 52,566 shares in the last quarter. Amalgamated Bank raised its holdings in shares of Glacier Bancorp by 2.6% during the fourth quarter. Amalgamated Bank now owns 52,549 shares of the bank’s stock valued at $2,639,000 after acquiring an additional 1,331 shares in the last quarter. Los Angeles Capital Management LLC purchased a new stake in Glacier Bancorp in the fourth quarter worth $742,000. Finally, Proficio Capital Partners LLC bought a new stake in Glacier Bancorp in the fourth quarter valued at $716,000. Hedge funds and other institutional investors own 80.17% of the company’s stock.
Glacier Bancorp Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 17th. Investors of record on Tuesday, July 8th will be paid a $0.33 dividend. The ex-dividend date is Tuesday, July 8th. This represents a $1.32 annualized dividend and a dividend yield of 3.08%. Glacier Bancorp’s payout ratio is presently 70.97%.
Glacier Bancorp Company Profile
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.
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