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Dec 31, 2019

Glacier Q4 2019 Earnings Report

Reported a net income increase of 16 percent and diluted earnings per share increase of 5 percent compared to the prior year fourth quarter.

Key Takeaways

Glacier Bancorp, Inc. reported a strong fourth quarter with net income of $57.4 million, a 16% increase from the prior year. Diluted earnings per share rose by 5% to $0.62. The company also experienced improvements in credit quality and organic growth.

Net income increased by 16 percent to $57.4 million compared to the prior year fourth quarter.

Diluted earnings per share increased by 5 percent to $0.62 compared to the prior year fourth quarter.

Net interest margin increased 15 basis points over the prior year fourth quarter to 4.45%.

Non-performing assets decreased 32 percent from the prior quarter to $37.4 million.

Total Revenue
$136M
Previous year: $116M
+17.8%
EPS
$0.62
Previous year: $0.59
+5.1%
Net Interest Margin
4.45%
Efficiency Ratio
54.9%
Loan to Deposit Ratio
88.92%
Gross Profit
$163M
Previous year: $143M
+14.2%
Cash and Equivalents
$331M
Previous year: $204M
+62.4%
Total Assets
$13.7B
Previous year: $12.1B
+12.9%

Glacier

Glacier

Glacier Revenue by Segment

Forward Guidance

Glacier Bancorp is set to have another strong year in 2020.

Revenue & Expenses

Visualization of income flow from segment revenue to net income