Acquisitions And Regional ExpansionGlacier Bancorp has a history of successful acquisitions, with 14 acquisitions completed since 2015, which enhances earnings per share growth and expands opportunities in new regions.
Earnings GrowthGlacier Bancorp is being upgraded to Overweight due to its under-performance and greater net interest margin visibility via asset repricing, alongside a double-digit earnings per share growth outlook.
Valuation And Entry PointThe company's relative under-performance and discounted valuation present an attractive entry-point as it continues to execute on profitability improvement and adds new commercial clients in newer markets.