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Mar 31, 2021
Glacier Q1 2021 Earnings Report
Reported net income of $80.8 million and diluted earnings per share of $0.85.
Key Takeaways
Glacier Bancorp, Inc. reported a strong start to 2021 with net income of $80.8 million, an increase of 86% compared to the prior year's first quarter. Diluted earnings per share also increased by 85% to $0.85.
Net income increased by 86% year-over-year to $80.8 million.
Diluted earnings per share rose by 85% year-over-year to $0.85.
Gain on sale of loans increased by 82% year-over-year to $21.6 million.
Core deposits increased by 35% annualized during the quarter and 40% year-over-year.