Glacier Bancorp (GBCI) Reports Q4 Earnings: What Key Metrics Have to Say

Core Insights - Glacier Bancorp (GBCI) reported revenue of $222.99 million for Q4 2024, marking a 13% year-over-year increase, with EPS of $0.54 compared to $0.49 a year ago, exceeding Zacks Consensus Estimates for both revenue and EPS [1] Financial Performance - Revenue of $222.99 million exceeded the Zacks Consensus Estimate of $221.85 million, resulting in a surprise of +0.52% [1] - EPS of $0.54 surpassed the consensus estimate of $0.53, delivering a surprise of +1.89% [1] Key Metrics - Net interest margin (tax-equivalent) was reported at 3%, above the three-analyst average estimate of 2.9% [4] - Efficiency Ratio stood at 60.5%, better than the average estimate of 63.8% [4] - Total non-performing assets were $27.79 million, slightly below the estimated $28.18 million [4] - Average total earning assets were $26.20 billion, exceeding the average estimate of $25.93 billion [4] - Non-accrual loans amounted to $20.45 million, compared to the average estimate of $21.12 million [4] - Total Non-Interest Income was $31.55 million, below the estimated $34.64 million [4] - Net Interest Income reached $191.44 million, surpassing the estimate of $187.37 million [4] - Net interest income (tax-equivalent) was $195.45 million, exceeding the average estimate of $191.90 million [4] - Gain on sale of loans was $3.93 million, below the estimated $4.53 million [4] Stock Performance - Shares of Glacier Bancorp returned +1.4% over the past month, compared to the Zacks S&P 500 composite's +2.7% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market [3]