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Dec 31, 2020
Glacier Q4 2020 Earnings Report
Reported record net income and increased diluted earnings per share.
Key Takeaways
Glacier Bancorp reported a record net income of $81.9 million for Q4 2020, a 43% increase compared to the prior year's fourth quarter. Diluted earnings per share also increased by 39% to $0.86. The company saw a significant increase in gain on sale of loans and a decrease in COVID-19 related loan modifications.
Net income increased by 43% compared to the prior year fourth quarter.
Diluted earnings per share increased by 39% from the prior year fourth quarter.
Gain on sale of loans increased by 159% compared to the prior year fourth quarter.
COVID-19 related bank loan modifications decreased significantly from prior quarters.
Glacier
Glacier
Forward Guidance
Glacier Bancorp is optimistic about the future and the opportunity for continued profitable growth.