Glacier Bancorp (GBCI) Beats Q4 Earnings and Revenue Estimates

Core Viewpoint - Glacier Bancorp reported quarterly earnings of $0.54 per share, exceeding the Zacks Consensus Estimate of $0.53 per share, and showing an increase from $0.49 per share a year ago, indicating a positive earnings surprise of 1.89% [1][2] Financial Performance - The company achieved revenues of $222.99 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 0.52%, and up from $197.32 million year-over-year [2] - Over the last four quarters, Glacier Bancorp has exceeded consensus EPS estimates three times and topped consensus revenue estimates two times [2] Stock Performance - Since the beginning of the year, Glacier Bancorp shares have increased by approximately 2.8%, while the S&P 500 has gained 3.5% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating it is expected to perform in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.52 on revenues of $224.05 million, and for the current fiscal year, it is $2.41 on revenues of $970.6 million [7] - The estimate revisions trend for Glacier Bancorp is mixed, which may change following the recent earnings report [6] Industry Context - The Banks - West industry, to which Glacier Bancorp belongs, is currently ranked in the top 32% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8]