Glacier Bancorp reports Q1 EPS 48c, consensus 46c

Q1 net interest margin as a percentage of earning assets, on a tax-equivalent basis, was 3.04%, an increase of 7 basis points from the prior quarter net interest margin of 2.97% and an increase of 45 basis points from the prior year Q1 net interest margin of 2.59%. Total deposits of $20.634B increased $87.1M, or 2% annualized, during the current quarter.