Glacier Q3 2020 Earnings Report
Key Takeaways
Glacier Bancorp reported net income of $77.8 million for the current quarter, an increase of 51 percent from the prior year third quarter. Diluted earnings per share for the current quarter was $0.81 per share, an increase of 42 percent from the prior year third quarter.
Net income of $77.8 million for the current quarter, an increase of $26.2 million, or 51 percent, over the prior year third quarter.
Current quarter diluted earnings per share of $0.81, an increase of 42 percent from the prior year third quarter.
Core deposits increased $868 million, or 7 percent, during the current quarter, with non-interest bearing deposit growth of $436 million, or 9 percent.
Gain on sale of loans of $35.5 million, increased $9.7 million, or 37 percent, over the prior quarter and increased $25.1 million, or 243 percent, compared to the prior year third quarter.
Glacier
Glacier
Forward Guidance
Glacier Bancorp did not provide specific forward guidance in its earnings report.