Core Insights - Glacier Bancorp (GBCI) is expected to report quarterly earnings of $0.48 per share, a 65.5% increase year-over-year, with revenues projected at $225.35 million, reflecting a 14.7% increase [1] Earnings Projections - The consensus EPS estimate has remained unchanged over the past 30 days, indicating analysts' reassessment of their initial projections [1][2] - Revisions to earnings projections are crucial for predicting investor behavior and stock price performance [2] Key Metrics Forecast - Analysts predict an 'Efficiency Ratio' of 67.1%, down from 74.4% in the same quarter last year [4] - 'Non-accrual loans' are expected to reach $24.16 million, up from $20.74 million year-over-year [4] - 'Total non-performing assets' are forecasted at $32.01 million, compared to $25.43 million a year ago [4] Financial Performance Indicators - 'Average Balances - Total earning assets' are projected at $25.91 billion, down from $26.44 billion in the same quarter last year [5] - 'Total Non-Interest Income' is expected to be $32.47 million, an increase from $29.99 million year-over-year [5] - 'Net Interest Income' is forecasted at $192.36 million, up from $166.48 million in the same quarter last year [6] - 'Net interest income (tax-equivalent)' is projected at $194.79 million, compared to $170.47 million a year ago [7] Stock Performance - Over the past month, shares of Glacier Bancorp have declined by 14%, while the Zacks S&P 500 composite has decreased by 8.9% [7] - GBCI currently holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [7]
Wall Street's Insights Into Key Metrics Ahead of Glacier Bancorp (GBCI) Q1 Earnings