Core Viewpoint - Glacier Bancorp, Inc. has signed a definitive agreement to acquire Bank of Idaho Holding Co., marking its 26th bank acquisition since 2000 and 12th in the past decade [1][2] Group 1: Acquisition Details - The acquisition is subject to regulatory approval, BOID shareholder approval, and other customary closing conditions [2] - BOID shareholders will receive 1.100 shares of Glacier stock for each BOID share, valuing the transaction at approximately $245.4 million based on Glacier's closing price of $47.70 on January 10, 2025 [2] - The transaction is expected to close in the second quarter of 2025, integrating Bank of Idaho operations into Glacier's existing divisions [2] Group 2: Strategic Importance - The acquisition is seen as a strategic fit for Glacier, expanding its presence in Idaho, the fastest-growing state in the U.S., and enhancing its position in core growth markets [2] - Glacier aims to secure its status as the leading community bank in Idaho through this acquisition [2] - The combination will also strengthen Glacier's Eastern Washington franchise by merging Bank of Idaho with Wheatland Bank [2] Group 3: Management Commentary - Glacier's President and CEO expressed enthusiasm about the acquisition, highlighting the growth opportunities it presents [2] - Bank of Idaho's leadership echoed similar sentiments, emphasizing shared values and the benefits of joining Glacier [2]

Core Viewpoint - Glacier Bancorp (GBCI) has experienced a significant downtrend, with a 12.4% decline over the past four weeks, but is now in oversold territory, suggesting a potential turnaround due to improved earnings expectations from analysts [1]. Group 1: Stock Performance and Technical Indicators - GBCI's stock has faced heavy selling pressure, leading to an RSI reading of 23.8, indicating it is oversold and may soon reverse its trend [5]. - The Relative Strength Index (RSI) is a momentum oscillator that helps identify oversold conditions, typically when the RSI falls below 30 [2]. - Stocks oscillate between overbought and oversold states, and an oversold stock may present entry opportunities for investors anticipating a rebound [3]. Group 2: Earnings Estimates and Analyst Consensus - Over the last 30 days, the consensus EPS estimate for GBCI has increased by 0.7%, indicating a positive trend in earnings revisions that often correlates with price appreciation [6]. - There is strong agreement among sell-side analysts regarding GBCI's ability to report better earnings than previously predicted, supporting the case for a potential stock recovery [1][6]. - GBCI holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, further indicating a favorable outlook for the stock [7].

KALISPELL, Mont., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Glacier Bancorp, Inc. (NYSE: GBCI) will report fourth quarter financial results after the market closes on January 23, 2025. A conference call for investors is scheduled for 11:00 a.m. Eastern Time on Friday, January 24, 2025. Please note that our conference call host no longer offers a general dial-in number. Investors who would like to join the call may now register by following this link to obtain dial-in instructions: https://register.vevent.com/regist ...

Glacier Bancorp (GBCI) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following year ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momen ...

Glacier Bancorp (GBCI) came out with quarterly earnings of $0.45 per share, beating the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.47 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.14%. A quarter ago, it was expected that this bank holding company would post earnings of $0.38 per share when it actually produced earnings of $0.39, delivering a surprise of 2.63%.Over the last four quarters, t ...

The finance sector is showcasing its resilience, with several banking stocks touching a new 52-week high. It signifies positive momentum and suggests that the price has been steadily growing over the last 52 weeks. This might attract more investors and traders who regard the stock as a great performer and want to ride the current rising trend. To narrow down the list, we have selected stocks with a market capitalization of $5 billion and above. Investors can keep a close watch on stocks like UMB Financial C ...

Core Insights - Glacier Bancorp (GBCI) reported revenue of $198.68 million for the quarter ended June 2024, reflecting a year-over-year decline of 1.2% and an EPS of $0.39 compared to $0.50 a year ago [1] Financial Performance Metrics - The reported revenue of $198.68 million was below the Zacks Consensus Estimate of $204.43 million, resulting in a revenue surprise of -2.81% [3] - The company achieved an EPS surprise of +2.63%, with the consensus EPS estimate being $0.38 [3] - Net interest margin (tax-equivalent) stood at 2.7%, matching the average estimate of four analysts [5] - The efficiency ratio was reported at 68%, slightly better than the average estimate of 69.9% [5] - Total earning assets averaged $25.58 billion, below the estimated $26.36 billion [5] - Net charge-offs as a percentage of total loans were 0%, compared to the average estimate of 0.1% [5] - Non-accrual loans totaled $12.69 million, significantly lower than the average estimate of $27.18 million [5] - Total non-performing assets were reported at $18.81 million, compared to the average estimate of $32.47 million [5] - Total non-interest income was $32.20 million, slightly above the estimated $31.84 million [5] - Net interest income was reported at $166.48 million, below the average estimate of $172.42 million [5] - Net interest income (tax-equivalent) was $170.50 million, compared to the estimated $175.09 million [5] - Gain on sale of loans was $4.67 million, compared to the average estimate of $5.04 million [5] Stock Performance - Shares of Glacier Bancorp have returned +22.2% over the past month, outperforming the Zacks S&P 500 composite's +2.1% change [6] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [6]

NEWS RELEASE July 18, 2024 FOR IMMEDIATE RELEASE CONTACT: Randall M. Chesler, CEO (406) 751-4722 Ron J. Copher, CFO (406) 751-7706 GLACIER BANCORP, INC. ANNOUNCES RESULTS FOR THE QUARTER AND PERIOD ENDED JUNE 30, 2024 2nd Quarter 2024 Highlights: 1 • Net income was $44.7 million for the current quarter, an increase of $12.1 million, or 37 percent, from the prior quarter net income of $32.6 million and a decrease of $10.2 million, or 19 percent, from the prior year second quarter net income of $55.0 million. ...

To participate via the webcast, log on to: https://edge.media-server.com/mmc/p/555kzj6s KALISPELL, Mont., June 28, 2024 (GLOBE NEWSWIRE) -- Glacier Bancorp, Inc. (NYSE: GBCI) will report second quarter financial results after the market closes on July 18, 2024. A conference call for investors is scheduled for 11:00 a.m. Eastern Time on Friday, July 19, 2024. Glacier Bancorp, Inc. is the parent company for Glacier Bank and its bank divisions: Altabank (American Fork, UT) Bank of the San Juans (Durango, CO), ...