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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.
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