Glacier Bancorp (GBCI) AI Stock Analysis

• Market Cap: $5.87B
• Dividend Yield: 2.89%
• Average Volume (3M): 1.15M
• Price to Earnings (P/E): 22.4
• Beta (1Y): 0.93
• Revenue Growth: 8.73%
• EPS Growth: 26.19%
• Country: US
• Employees: 3,457
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.49
• Shares Outstanding: 130,011,110
• 10 Day Avg. Volume: 1,079,008
• 30 Day Avg. Volume: 1,150,755
• PEG Ratio: 1.26
• Price to Book (P/B): 1.36
• Price to Sales (P/S): 4.02
• P/FCF Ratio: 16.47
• Enterprise Value/Market Cap: 1.42
• Enterprise Value/Revenue: 5.85
• Enterprise Value/Gross Profit: 8.48
• Enterprise Value/Ebitda: 22.84
• 1Y Price Target: $57.50
• Price Target Upside: 27.16% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4
• EPS Forecast (FY): 3.07
• Revenue Forecast (FY): $1.30B

• Rating: 67 Neutral
• Price Target: $53.00 ▲(17.20% Upside)
• Action: Downgraded Date: 02/26/26
• Date: Action: Downgraded 02/26/26

The score is driven primarily by improving fundamentals and cash-flow quality alongside a constructive earnings outlook with specific margin/efficiency catalysts. These positives are tempered by multi-year margin/ROE compression, mixed near-term technical momentum, and a relatively high P/E despite a moderate dividend yield.

Positive Factors

Deposit & Loan Franchise Scale

Sustained, large-scale deposit and loan growth builds a stable, low-cost funding base and expands interest-earning assets. This scale increases revenue capacity, supports diversified lending, and strengthens competitive position in regional markets over multi-quarter horizons.

Improved Cash Generation

Stronger operating and free cash flow that fully covered net income in 2025 indicates higher earnings quality and internal funding ability. Solid cash conversion supports dividends, organic investments and M&A funding while reducing reliance on external financing over coming quarters.

Strategic M&A Expands Footprint

Purposeful acquisitions materially expand market share and entry into demographic growth regions (e.g., Idaho, Texas). When integrated, this supports cross-sell, revenue diversification, scale efficiencies and long-run pretax revenue growth if execution and credit culture alignment hold.

Negative Factors

Margin & ROE Compression

Multi-year compression in margins and returns on equity signals weaker spread environment or higher costs relative to capital. Persistent lower ROE reduces capital efficiency, constrains internal capital generation and may force tougher allocation choices over the medium term.

Elevated Acquisition-Related Expenses

Material near-term purchase and conversion costs lift the core expense base and delay realized cost saves. Until synergies and run-rate efficiencies are achieved, elevated noninterest expenses will pressure efficiency ratios and net income generation for multiple quarters.

Asset-Quality & Integration Risk

Acquisition-driven loan book changes produced a modest rise in NPAs and charge-offs, highlighting integration and underwriting alignment risk. Even small upticks can erode credit performance if macro or localized stresses emerge, requiring monitoring of loss reserves and underwriting consistency.

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 the interest income earned on loans and other financial products it offers to customers. This includes commercial loans, residential mortgages, and consumer loans, which typically yield higher interest rates compared to deposits. The company also earns non-interest income from service charges on deposit accounts, fees for wealth management and investment advisory services, and transaction fees. Additionally, Glacier Bancorp benefits from a diverse funding base, including retail and commercial deposits, which provide a stable source of low-cost capital for lending activities. Strategic partnerships with local businesses and community organizations further enhance its market presence and contribute to customer acquisition, thereby supporting its overall revenue generation efforts.

Glacier Bancorp Financial Statement Overview

Summary

Steady revenue growth with a 2025 rebound and stronger cash generation (operating cash flow up; free cash flow fully covering net income) support the score. Offsetting this, profitability and returns have compressed versus 2021–2022 levels (lower net margin and ROE), even though trends improved in 2025 and leverage has come down.

Income Statement

Revenue has grown steadily over the period, with 2025 showing a solid rebound (+6.8% vs. 2024). Profitability remains positive, but margins have compressed meaningfully from 2021–2022 peaks (net margin down to ~16.8% in 2025 from ~35.0% in 2021), indicating weaker pricing/spreads and/or higher costs/credit pressure. Still, 2025 shows improvement versus 2024 across operating and net margins, suggesting earnings momentum is recovering.

Balance Sheet

Leverage has improved materially, with debt-to-equity declining to ~0.69 in 2025 from ~1.47 in 2023, supported by higher equity. Returns on equity are positive but have trended lower versus earlier years (about 5.7% in 2025 vs. ~10.7% in 2022), pointing to softer profitability on the capital base. Overall balance-sheet risk looks more controlled than in 2022–2024, but returns remain a key weakness.

Cash Flow

Cash generation improved in 2025, with operating cash flow up strongly (374M vs. 258M in 2024) and free cash flow growing ~19.9%. Free cash flow fully covered net income in 2025 (free cash flow to net income = 1.0), signaling solid earnings quality. The main concern is volatility: free cash flow dipped in 2024 and operating cash flow has swung notably year-to-year.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.43B	1.25B	1.12B	933.37M	812.73M
Gross Profit	983.04M	781.72M	774.64M	872.14M	771.10M
EBITDA	365.01M	267.97M	304.75M	406.77M	381.48M
Net Income	239.03M	190.14M	222.93M	303.20M	284.76M
Balance Sheet
Total Assets	31.98B	27.90B	27.74B	26.64B	25.94B
Cash, Cash Equivalents and Short-Term Investments	4.33B	4.55B	6.14B	5.71B	9.61B
Total Debt	2.90B	3.79B	4.44B	2.96B	1.20B
Total Liabilities	27.76B	24.68B	24.72B	23.79B	22.76B
Stockholders Equity	4.21B	3.22B	3.02B	2.84B	3.18B
Cash Flow
Free Cash Flow	347.55M	209.76M	451.43M	436.90M	562.61M
Operating Cash Flow	374.40M	258.04M	500.71M	470.66M	572.05M
Investing Cash Flow	1.06B	493.14M	-207.49M	-1.35B	-3.91B
Financing Cash Flow	-1.05B	-1.26B	659.12M	845.43M	3.14B

Glacier Bancorp Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 45.22
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GBCI, the sentiment is Negative. The current price of 45.22 is below the 20-day moving average (MA) of 49.69, below the 50-day MA of 48.29, and above the 200-day MA of 45.13, indicating a neutral trend. The MACD of -0.90 indicates Positive momentum. The RSI at 34.86 is Neutral, neither overbought nor oversold. The STOCH value of 19.68 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GBCI.

Glacier Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
OZK	75 Outperform	$5.31B	7.10	12.09%	3.68%	2.79%	2.11%
COLB	71 Outperform	$8.48B	15.01	7.32%	5.07%	-0.30%	-3.80%
FNB	71 Outperform	$6.09B	10.86	8.66%	2.73%	4.54%	27.56%
VLY	69 Neutral	$6.97B	10.93	7.85%	3.69%	-1.94%	41.35%
HOMB	68 Neutral	$5.47B	11.51	11.51%	2.85%	1.43%	19.58%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
GBCI	67 Neutral	$5.87B	22.44	6.43%	2.89%	8.73%	26.19%

Glacier Bancorp Corporate Events

Glacier Bancorp Highlights Growth Strategy in Investor Presentation

On Feb. 11, 2026, Glacier Bancorp released an investor presentation outlining its strategy and positioning as a scaled community banking platform in the Mountain West and Southwest. The company emphasized its mission to be the premier regional banking franchise in these markets by combining local decision-making and personalized service with advanced technology, centralized risk management and a consistent operating framework across its 18 divisions.

The presentation highlighted Glacier’s focus on high-growth, demographically attractive markets such as Utah, Idaho and Texas, where population and economic expansion are expected to outpace the broader U.S. It also underscored the bank’s long-tenured local leadership, balanced organic and M&A growth strategy and track record of resilient financial performance, reinforcing its bid to remain a competitive consolidator and a stable partner for customers and shareholders in a consolidating financial services landscape.

The most recent analyst rating on (GBCI) stock is a Buy with a $59.00 price target. To see the full list of analyst forecasts on Glacier Bancorp stock, see the GBCI Stock Forecast page.

Glacier Bancorp Announces CFO Ron Copher’s Retirement

On February 9, 2026, Glacier Bancorp announced that Executive Vice President and Chief Financial Officer Ron J. Copher plans to retire after 20 years with the company. Copher will remain in the CFO role until the board appoints a successor and will then serve as an advisor for a period to support an orderly transition.

The bank has engaged search firm Korn Ferry and launched a robust process that considers both internal and external candidates to identify the next CFO. Management highlighted Copher’s role in shaping Glacier Bancorp’s growth through its community banking model and indicated that the extended transition window is intended to preserve continuity in financial leadership for investors, employees and other stakeholders.

The most recent analyst rating on (GBCI) stock is a Buy with a $55.00 price target. To see the full list of analyst forecasts on Glacier Bancorp stock, see the GBCI Stock Forecast page.

Glacier Bancorp highlights growth strategy in new investor presentation

On February 5, 2026, Glacier Bancorp released an investor presentation detailing its financial position at year-end 2025 and outlining recent expansion moves, underscoring its differentiated community banking model backed by the scale and resources of a larger regional institution. The presentation highlighted the April 30, 2025 completion of Glacier’s all-stock acquisition of Bank of Idaho Holding Co., a full-service community bank with 15 branches across Eastern Idaho, the Boise metro area and Eastern Washington, in a transaction valued at approximately $245 million that included substantial credit and fair value adjustments and targeted cost savings. The deal significantly strengthened Glacier’s presence in high-growth markets, making it the third-largest bank and the largest community bank in Idaho by deposit market share and the fifth-largest community bank in Eastern Washington, with Bank of Idaho to be folded into three existing Glacier divisions following a core system conversion. Glacier also profiled its pending expansion into Texas through the acquisition of Guaranty Bancshares, a long-established East Texas bank that has expanded into major Texas metros, signaling Glacier’s push into additional high-growth markets while emphasizing Guaranty’s conservative credit culture and strong deposit positioning in key Texas markets.

The most recent analyst rating on (GBCI) stock is a Buy with a $55.00 price target. To see the full list of analyst forecasts on Glacier Bancorp stock, see the GBCI Stock Forecast page.