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Glacier Bancorp (GBCI) Lags Q2 Earnings and Revenue Estimates
Glacier BancorpGlacier Bancorp(US:GBCI) ZACKSยท2025-07-24 22:46

Core Viewpoint - Glacier Bancorp reported quarterly earnings of $0.45 per share, missing the Zacks Consensus Estimate of $0.47 per share, but showing an increase from $0.39 per share a year ago, indicating a mixed performance in earnings [1][2] Financial Performance - The company posted revenues of $240.56 million for the quarter ended June 2025, which was 1.21% below the Zacks Consensus Estimate, compared to $198.68 million in the same quarter last year [2] - Over the last four quarters, Glacier Bancorp has surpassed consensus EPS estimates two times and topped consensus revenue estimates two times [2] Stock Performance - Glacier Bancorp shares have declined approximately 8.6% since the beginning of the year, contrasting with the S&P 500's gain of 8.1% [3] - The current Zacks Rank for Glacier Bancorp is 3 (Hold), suggesting that the shares are 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 $0.60 on revenues of $260.85 million, and for the current fiscal year, it is $2.20 on revenues of $1.03 billion [7] - The trend of estimate revisions for Glacier Bancorp was mixed ahead of the earnings release, which could change following the recent report [6] Industry Context - The Banks - West industry, to which Glacier Bancorp belongs, is currently in the top 29% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact investor decisions [5]