Glacier Bancorp(US:GBCI) Globenewswireยท2025-10-16 20:05Core Insights - The company reported a net income of $67.9 million for Q3 2025, marking a 29% increase from the previous quarter and a 33% increase from the same quarter last year [1][4] - Diluted earnings per share for the current quarter was $0.57, up 27% from both the prior quarter and the same quarter last year [1][4] - The company completed the acquisition of Guaranty Bancshares, expanding its presence into Texas [2][4] Financial Performance - Year-to-date net income for the first nine months of 2025 was $175 million, a 36% increase from $128 million in the same period last year [1][4] - Net interest income for Q3 2025 was $225 million, an increase of 9% from the prior quarter and 25% from the same quarter last year [1][24] - Total deposits reached $21.871 billion at the end of Q3 2025, reflecting a 4% annualized increase from the prior quarter [1][17] Loan and Deposit Growth - The loan portfolio increased to $18.791 billion, a 6% annualized increase from the prior quarter [1][9] - Non-interest bearing deposits rose to $6.674 billion, a 5% annualized increase from the prior quarter [1][17] - The company experienced an organic loan portfolio growth of $535 million, or 3%, excluding the impact of acquisitions [9] Credit Quality - The allowance for credit losses was $229.1 million, representing 1.22% of total loans outstanding [10][13] - Non-performing assets increased to $54.3 million, or 0.19% of subsidiary assets, up from 0.17% in the prior quarter [11][12] - Early stage delinquencies decreased to 0.21% of loans, down from 0.29% in the prior quarter [12] Dividends and Shareholder Returns - The company declared a quarterly dividend of $0.33 per share, marking the 162nd consecutive dividend declaration [21] - Tangible stockholders' equity increased to $2.426 billion, a 3% increase from the prior quarter [19][20]