Core Insights - The company reported a net income of $52.8 million for Q2 2025, a decrease of 3% from the previous quarter but an increase of 18% year-over-year [2][3] - Diluted earnings per share for Q2 2025 was $0.45, down 6% from Q1 2025 but up 15% from Q2 2024 [2][3] - The company completed the acquisition of Bank of Idaho Holding Co. and announced plans to acquire Guaranty Bancshares, Inc., expanding its presence in the southwest and entering Texas [4][5] Financial Performance - Net interest income for Q2 2025 was $208 million, an increase of 9% from the previous quarter and 25% year-over-year [2][23] - Total deposits reached $21.629 billion, up 5% from the previous quarter and 8% from the prior year [2][16] - The loan portfolio increased to $18.533 billion, reflecting an 8% increase during the current quarter and a 10% increase year-over-year [2][8] Key Ratios - The net interest margin for Q2 2025 was 3.21%, up 17 basis points from Q1 2025 and 53 basis points from Q2 2024 [2][25] - The return on average assets was 0.74% for Q2 2025, while the return on average equity was 6.13% [2] - The efficiency ratio improved to 62.08% in Q2 2025, down from 65.49% in Q1 2025 and 67.97% in Q2 2024 [2] Credit Quality - The allowance for credit losses increased to $226.8 million, with non-performing assets at $48.6 million, representing 0.17% of subsidiary assets [9][10] - The provision for credit losses for Q2 2025 was $24.2 million, significantly higher than the previous quarter [9][12] - Net charge-offs for the current quarter were $1.6 million, a decrease from $1.8 million in the prior quarter [12][14] Dividends and Shareholder Returns - The company declared a quarterly dividend of $0.33 per share, marking the 161st consecutive quarterly dividend [20] - Total stockholders' equity increased to $3.537 billion, reflecting a strong capital position [18][19] - Tangible book value per common share rose to $19.79, an increase of 3% from the prior quarter [19]

It is projected by analysts that the 'Total non-performing assets' will reach $46.46 million. Compared to the current estimate, the company reported $18.01 million in the same quarter of the previous year. Wall Street analysts forecast that Glacier Bancorp (GBCI) will report quarterly earnings of $0.47 per share in its upcoming release, pointing to a year-over-year increase of 20.5%. It is anticipated that revenues will amount to $243.5 million, exhibiting an increase of 22.6% compared to the year-ago quart ...

Core Viewpoint - Glacier Bancorp (GBCI) is expected to report a year-over-year increase in earnings and revenues for the quarter ended June 2025, with a consensus outlook indicating potential stock price movements based on actual results compared to estimates [1][3]. Earnings Expectations - The consensus EPS estimate for Glacier Bancorp is $0.45 per share, reflecting a year-over-year increase of +15.4% [3]. - Revenues are anticipated to reach $243.5 million, representing a 22.6% increase from the previous year [3]. Estimate Revisions - Over the last 30 days, the consensus EPS estimate has been revised 1.13% higher, indicating a positive reassessment by analysts [4]. - The Most Accurate Estimate for Glacier Bancorp is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +1.66% [12]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive Earnings ESP reading is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [10]. - Glacier Bancorp currently holds a Zacks Rank of 3, indicating a likelihood of beating the consensus EPS estimate [12]. Historical Performance - In the last reported quarter, Glacier Bancorp met the expected EPS of $0.48, resulting in no surprise [13]. - Over the past four quarters, the company has surpassed consensus EPS estimates three times [14]. Industry Context - In the Zacks Banks - West industry, WaFd (WAFD) is expected to report earnings of $0.67 per share for the same quarter, indicating a year-over-year decline of -11.8% [18]. - WaFd's revenue is projected to be $188.7 million, down 3% from the previous year, with an unchanged consensus EPS estimate over the last 30 days [18][19].

Core Insights - Glacier Bancorp, Inc. (GBCI) has entered into a definitive agreement to acquire Guaranty Bancshares, Inc. (GNTY) for an all-stock transaction valued at $476.2 million [1][8] Acquisition Details - Guaranty shareholders will receive 1.0000 share of Glacier Bancorp stock for each Guaranty share, translating to $41.58 per share based on GBCI's closing price on June 23, 2025 [2] - The deal has received unanimous approval from both companies' boards and is expected to close in the fourth quarter of 2025, pending regulatory and shareholder approval [2] Operational Changes - Upon completion, Guaranty Bank & Trust will operate as "Guaranty Bank & Trust, Division of Glacier Bank," marking GBCI's 18th bank division [3] - The acquisition is expected to be immediately accretive to Glacier Bancorp's earnings per share and is projected to generate an internal rate of return of approximately 20% by the end of the first year post-closing [3][8] Strategic Rationale - The acquisition aligns with Glacier Bancorp's long-term growth strategy, enhancing its presence in the Southwest and entering the Texas market [4] - Guaranty's established footprint and expertise in Texas will allow GBCI to capitalize on the state's robust economy, strengthening its position in high-growth markets [5] Leadership Commentary - GBCI CEO Randy Chesler emphasized the strategic and cultural fit of Guaranty within Glacier's business model, highlighting the exceptional demographic profile and growth prospects of Texas [6]

Summary of Glacier Bancorp (GBCI) M&A Announcement Company and Industry - **Company**: Glacier Bancorp (GBCI) - **Acquired Company**: Guaranty Bancshares, holding company for Guaranty Bank and Trust - **Industry**: Banking and Financial Services Core Points and Arguments 1. **Acquisition Announcement**: Glacier Bancorp announced the acquisition of Guaranty Bancshares, which has $3.2 billion in assets and 33 locations in East Texas and other Texas markets [2][3] 2. **Strategic Fit**: The acquisition aligns with Glacier's strategy of partnering with strong banks in good markets, enhancing their presence in the fast-growing Southwest region [4][5] 3. **Market Position**: Guaranty is positioned well in East Texas and other high-growth markets, which complements Glacier's existing operations [3][5] 4. **Transaction Structure**: The deal is a 100% stock transaction, with Guaranty shareholders receiving one share of Glacier common stock for each Guaranty share, totaling approximately $483 million based on a closing price of $42.15 [7] 5. **Cost Savings**: Estimated cost savings from the acquisition are projected at 20%, reflecting a conservative and achievable approach [8][41] 6. **Credit Quality**: Guaranty has a conservative credit culture with historically strong asset quality metrics, confirmed through a comprehensive due diligence review [8][57] 7. **Future Growth**: The acquisition is expected to enhance Glacier's growth prospects, with Guaranty likely to match or exceed Glacier's historical organic growth rates [23] 8. **Regulatory Approval**: The acquisition is anticipated to receive regulatory approval without issues, as there are no HHI concerns due to Glacier's lack of presence in Texas [35] 9. **Goodwill Estimate**: The estimated goodwill from the acquisition is approximately $183 million [37] 10. **Retention of Key Personnel**: Agreements are in place to retain key management and employees from Guaranty, ensuring continuity and stability post-acquisition [73] Additional Important Content 1. **Competitive Landscape**: Texas is recognized as a competitive banking market, but Guaranty's established presence and Glacier's operational model are expected to align well [15][52] 2. **Future M&A Prospects**: After the acquisition, Glacier plans to explore further M&A opportunities in both the Mountain West and Southwest regions [55] 3. **Technology Integration**: Glacier intends to implement its existing technologies across Guaranty's operations to enhance service delivery without requiring additional investments [43] 4. **Community Banking Focus**: Both companies share a similar approach to community banking, focusing on small businesses that support city centers [16][58] This summary encapsulates the key points from the Glacier Bancorp investor call regarding the acquisition of Guaranty Bancshares, highlighting the strategic rationale, financial implications, and future growth opportunities.

Transaction Overview - Glacier Bancorp, Inc will acquire Guaranty Bancshares, Inc, expanding into Texas [8] - The transaction marks Glacier's entrance into Texas, a complementary state of operation [8] - Guaranty Bank & Trust will operate as Glacier's 18th separate bank division [8] - The deal is expected to be immediately accretive to EPS with minimal dilution to tangible book value per share and an earnback period of less than 1 year [8] - The deal is expected to have an internal rate of return (IRR) of approximately 20% [8] - Cost savings are estimated at 20% of GNTY's noninterest expense [8] Guaranty Bancshares Overview - Guaranty Bank & Trust has $3.2 billion in assets and 33 branches located throughout East Texas, Dallas/Fort Worth, Houston, Austin and Bryan/College Station [8] - Guaranty has $2.704 billion in deposits, with a 31.3% noninterest bearing deposits to total deposits [20] - Guaranty's net interest margin (NIM) is 3.70% [11] - Guaranty's gross loans HFI is $2.108 billion [20]

Core Viewpoint - Glacier Bancorp, Inc. has announced the acquisition of Guaranty Bancshares, Inc. in an all-stock transaction valued at approximately $476.2 million, marking Glacier's 27th bank acquisition since 2000 and its 13th in the last decade [1][2][3] Company Overview - Guaranty Bancshares, Inc. has total assets of $3.2 billion, total gross loans of $2.1 billion, and total deposits of $2.7 billion as of March 31, 2025 [1][9] - Upon completion of the acquisition, Guaranty Bank & Trust will operate as a division of Glacier Bank, representing Glacier's 18th separate bank division [2] Strategic Rationale - The acquisition is seen as a strategic move to expand Glacier's presence in the Southwest, entering a state with strong growth prospects and a favorable business environment [3] - The Texas economy is highlighted as being worth $2.7 trillion, ranking as the 8th largest in the world if it were an independent country [3] Transaction Details - Guaranty shareholders will receive 1.0000 share of Glacier stock for each Guaranty share, with the transaction expected to close in the fourth quarter of 2025 [2] - The transaction includes the value of Guaranty stock options, with a per-share value of $41.58 based on Glacier's closing price on June 23, 2025 [2] Management Commentary - Glacier's President and CEO expressed enthusiasm about the acquisition, emphasizing the cultural and strategic fit between the two companies [3] - Guaranty's Chairman and CEO noted the importance of maintaining the relationship banking model and the benefits of joining a larger banking family [3]

KALISPELL, Mont. and MOUNT PLEASANT, Texas, June 24, 2025 (GLOBE NEWSWIRE) -- Glacier Bancorp, Inc. ("Glacier" or the "Company") (NYSE: GBCI) and Guaranty Bancshares, Inc. ("Guaranty") (NYSE: GNTY), the bank holding company for Guaranty Bank & Trust, N.A., a leading community bank headquartered in Mount Pleasant, Texas, today jointly announced the signing of a definitive agreement, pursuant to which Glacier will acquire Guaranty in an all-stock transaction. The acquisition marks Glacier's 27th bank acquisit ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________________________________________ FORM 10-Q ____________________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission file number 00 ...

KALISPELL, Mont., May 01, 2025 (GLOBE NEWSWIRE) -- Glacier Bancorp, Inc. (“Glacier”) (NYSE: GBCI), today announced the completion of its acquisition of Bank of Idaho Holding Co. (“BOID”) (OTCQX: BOID), the bank holding company for Bank of Idaho, a community bank headquartered in Idaho Falls, Idaho. The Bank of Idaho operations will join three existing Glacier Bank divisions: the Eastern Idaho operations of Bank of Idaho will join Citizens Community Bank, the Boise operations will join Mountain West Bank, an ...