Glacier Bancorp (GBCI) AI Stock Analysis

• Market Cap: $5.78B
• Dividend Yield: 2.65%
• Average Volume (3M): 766.68K
• Price to Earnings (P/E): 25.3
• Beta (1Y): 1.06
• Revenue Growth: 8.37%
• EPS Growth: 17.00%
• Country: US
• Employees: 3,457
• Sector: Financial
• Sector Strength: 77
• Industry: Banks - Regional
• EPS (TTM): 0.45
• Shares Outstanding: 118,552,700
• 10 Day Avg. Volume: 826,087
• 30 Day Avg. Volume: 766,682
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 1.41
• Enterprise Value/Revenue: 6.32
• Enterprise Value/Gross Profit: 9.82
• Enterprise Value/Ebitda: 26.53
• 1Y Price Target: $50.50
• Price Target Upside: 1.81% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 4

• Rating: 74 Outperform
• Price Target: $51.00 ▲(2.82% Upside)

Glacier Bancorp's overall stock score reflects strong financial performance and strategic growth through acquisitions. The earnings call provided positive guidance, and technical indicators suggest moderate bullish momentum. However, the high P/E ratio indicates potential overvaluation, which tempers the overall score.

Positive Factors

Earnings

Improving EPS outlook, controlled credit costs, and future acquisitions could result in a 16% price appreciation.

Growth Potential

The deal helps to highlight that GBCI has a long runway to grow organically and via M&A.

Market Sentiment

Analyst's recommendation is upgraded to BUY based on expectations that the stock price is too heavily discounted considering the potential for self-help EPS improvement and future acquisitions.

Negative Factors

Financial Outlook

The stock has traded lower following an updated outlook for 2025 that included potentially slower organic loan growth and higher run-rate for non-interest expenses.

Market Reaction

The market has ignored the outlook for net interest margin to expand significantly, which could improve spread income.

Glacier Bancorp Business Overview & Revenue Model

Company Description

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. It offers non-interest bearing deposit and interest bearing deposit accounts, such as negotiable order of withdrawal and demand deposit accounts, savings accounts, money market deposit accounts, fixed rate certificates of deposit, negotiated-rate jumbo certificates, and individual retirement accounts. The company also provides construction and permanent loans on residential real estate; consumer land or lot acquisition loans; unimproved land and land development loans; and residential builder guidance lines comprising pre-sold and spec-home construction, and lot acquisition loans. In addition, it offers commercial real estate loans to purchase, construct, and finance commercial real estate properties; consumer loans secured by real estate, automobiles, or other assets; paycheck protection program loans; home equity loans consisting of junior lien mortgages, and first and junior lien lines of credit secured by owner-occupied 1-4 family residences; and agriculture loans. Further, the company provides mortgage origination and loan servicing services. It has 224 locations, including 188 branches and 36 loan or administration offices in 75 counties within 8 states comprising Montana, Idaho, Utah, Washington, Wyoming, Colorado, Arizona, and Nevada. The company was founded in 1955 and is headquartered in Kalispell, Montana.

How the Company Makes Money

Glacier Bancorp generates revenue primarily through interest income earned from loans and investments, as well as non-interest income from service fees and other banking activities. The key revenue streams include interest from commercial loans, residential mortgages, and consumer loans, which contribute significantly to the company's earnings. Additionally, non-interest income from services like wealth management, investment advisory, and transaction fees further bolsters revenue. The company's strategic growth through acquisitions of smaller community banks has expanded its market reach and customer base, enhancing its ability to generate income. Partnerships with local businesses and governments also enable GBCI to offer tailored financial solutions, driving additional revenue.

Glacier Bancorp Financial Statement Overview

Summary

Glacier Bancorp exhibits solid financial performance with robust revenue growth and strong cash flow generation. However, the net profit margin and return on equity indicate areas for improvement, and increasing debt levels warrant careful monitoring.

Income Statement

Glacier Bancorp's income statement reflects a stable financial performance with consistent revenue growth over the years. The TTM gross profit margin is approximately 71.6%, indicating strong profitability. However, the net profit margin is relatively lower at 18.7%, which suggests some efficiency issues in managing costs. The EBIT margin for TTM stands at 42.7%, showcasing solid operating performance, while EBITDA margin is notably lower at 17.7%. Revenue growth from 2023 to 2024 was significant at 44.4%, highlighting robust growth, although revenue slightly declined in TTM compared to 2024, indicating potential revenue fluctuation concerns.

Balance Sheet

The balance sheet of Glacier Bancorp shows a reasonable financial position with a debt-to-equity ratio of 1.09 for TTM, indicating moderate leverage. The equity ratio is 11.8%, suggesting a relatively low equity cushion against liabilities. Return on Equity (ROE) for the TTM period is 6.5%, reflecting modest efficiency in generating returns on shareholders’ equity. The increase in total debt over time may be a potential risk factor, which needs monitoring.

Cash Flow

Glacier Bancorp has demonstrated a strong cash flow position with an impressive free cash flow growth rate of 49.3% from 2023 to 2024. The operating cash flow to net income ratio of 1.66 indicates excellent cash generation efficiency from operations. Additionally, the free cash flow to net income ratio of 1.48 suggests substantial free cash flow relative to net income, further reinforcing the company's strong cash flow management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.29B	1.25B	1.12B	933.37M	812.73M	790.08M
Gross Profit	832.61M	781.72M	774.64M	872.14M	771.10M	723.00M
EBITDA	308.11M	267.97M	304.75M	406.77M	381.48M	358.83M
Net Income	220.16M	190.14M	222.93M	303.20M	284.76M	266.40M
Balance Sheet
Total Assets	29.01B	27.90B	27.74B	26.64B	25.94B	18.50B
Cash, Cash Equivalents and Short-Term Investments	4.40B	4.51B	6.14B	5.71B	9.61B	5.97B
Total Debt	3.51B	3.79B	4.44B	2.96B	1.20B	1.18B
Total Liabilities	25.47B	24.68B	24.72B	23.79B	22.76B	16.20B
Stockholders Equity	3.54B	3.22B	3.02B	2.84B	3.18B	2.31B
Cash Flow
Free Cash Flow	348.26M	209.76M	451.43M	436.90M	562.61M	177.83M
Operating Cash Flow	390.57M	258.04M	500.71M	470.66M	572.05M	189.54M
Investing Cash Flow	631.37M	493.14M	-207.49M	-1.35B	-3.91B	-3.56B
Financing Cash Flow	-907.21M	-1.26B	659.12M	845.43M	3.14B	3.68B

Glacier Bancorp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 49.60
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GBCI, the sentiment is Positive. The current price of 49.6 is above the 20-day moving average (MA) of 46.91, above the 50-day MA of 45.75, and above the 200-day MA of 46.16, indicating a bullish trend. The MACD of 1.19 indicates Negative momentum. The RSI at 67.18 is Neutral, neither overbought nor oversold. The STOCH value of 89.34 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GBCI.

Glacier Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
OZK	80 Outperform	$6.00B	8.54	12.68%	3.21%	7.12%	2.47%
COLB	79 Outperform	$8.01B	10.56	10.24%	5.38%	-1.39%	11.31%
FNB	78 Outperform	$6.03B	12.80	7.40%	2.86%	7.73%	8.39%
HOMB	77 Outperform	$5.93B	13.50	10.94%	2.63%	4.40%	14.01%
GBCI	74 Outperform	$5.78B	25.31	6.60%	2.65%	8.37%	17.00%
VLY	72 Outperform	$5.83B	13.33	6.33%	4.19%	0.20%	9.86%
Sector *	68 Neutral	$18.05B	11.73	10.24%	3.73%	9.66%	1.70%

Glacier Bancorp Corporate Events

Glacier Bancorp Completes Acquisition of Bank of Idaho

On August 15, 2025, Glacier Bancorp announced the completion of its acquisition of Bank of Idaho Holding Co., a move that strengthens its market position in Idaho and Eastern Washington. The acquisition, finalized on April 30, 2025, aligns with Glacier’s strategy to expand in high-growth markets and positions it as the third-largest bank in Idaho by deposit market share. This strategic acquisition is expected to enhance Glacier’s competitive edge and operational footprint in the region.

Glacier Bancorp Announces Merger with Guaranty Bancshares

On June 24, 2025, Glacier Bancorp, Inc. and its subsidiary Glacier Bank entered into a merger agreement with Guaranty Bancshares, Inc. and its subsidiary Guaranty Bank & Trust. The merger will result in Guaranty Bancshares merging into Glacier Bancorp, with Glacier Bancorp as the surviving entity, and Guaranty Bank merging into Glacier Bank. The transaction is valued at approximately $476.2 million and is expected to close in the fourth quarter of 2025, subject to regulatory and shareholder approvals. This merger aims to enhance Glacier Bancorp’s market position and expand its operational capabilities.

Glacier Bancorp Announces Merger with Guaranty Bancshares

On June 24, 2025, Glacier Bancorp, Inc. and Guaranty Bancshares, Inc. announced a merger agreement where Glacier will acquire Guaranty in an all-stock transaction valued at approximately $476.2 million. This acquisition will enable Glacier to expand its presence into Texas, marking its 27th acquisition since 2000. The merger is expected to close in the fourth quarter of 2025, subject to regulatory and shareholder approvals. The transaction will create a new banking division under the name ‘Guaranty Bank & Trust, Division of Glacier Bank,’ enhancing Glacier’s strategic growth in the Southwest and providing Guaranty with a larger balance sheet and resources to invest in technology and products.