Glacier Bancorp, Inc.
Glacier Bancorp, Inc. (GBCI) Financial Performance & Income Statement Overview
Access detailed quarterly and annual financial reports for Glacier Bancorp, Inc. (GBCI), covering cash flow, earnings, and balance sheets.
Glacier Bancorp, Inc. (GBCI) Income Statement & Financial Overview
Explore comprehensive income reports for Glacier Bancorp, Inc. GBCI, broken down by year and quarter.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $316.83M | $322.23M | $318.40M | $301.10M |
| Cost of Revenue | $107.76M | $114.13M | $117.35M | $110.87M |
| Gross Profit | $209.07M | $208.10M | $201.05M | $190.23M |
| Gross Profit Ratio | $0.66 | $0.65 | $0.63 | $0.63 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $102.65M | $92.95M | $95.91M | $95.79M |
| Operating Expenses | $145.58M | $134.61M | $138.83M | $136.02M |
| Total Costs & Expenses | $253.34M | $248.74M | $256.18M | $246.89M |
| Interest Income | $289.93M | $297.04M | $289.58M | $273.83M |
| Interest Expense | $99.95M | $105.59M | $109.35M | $107.36M |
| Depreciation & Amortization | $10.76M | $10.96M | $10.59M | $10.26M |
| EBITDA | $74.25M | $84.46M | $72.81M | $64.47M |
| EBITDA Ratio | $0.23 | $0.26 | $0.23 | $0.21 |
| Operating Income | $63.49M | $73.49M | $62.22M | $54.21M |
| Operating Income Ratio | $0.20 | $0.23 | $0.20 | $0.18 |
| Other Income/Expenses (Net) | $0.00 | $0.00 | $0.00 | $0.00 |
| Income Before Tax | $63.49M | $73.49M | $62.22M | $54.21M |
| Income Before Tax Ratio | $0.20 | $0.23 | $0.20 | $0.18 |
| Income Tax Expense | $8.92M | $11.74M | $11.17M | $9.50M |
| Net Income | $54.57M | $61.75M | $51.05M | $44.71M |
| Net Income Ratio | $0.17 | $0.19 | $0.16 | $0.15 |
| EPS | $0.48 | $0.54 | $0.45 | $0.39 |
| Diluted EPS | $0.48 | $0.54 | $0.45 | $0.39 |
| Weighted Avg Shares Outstanding | $113.45M | $113.39M | $113.39M | $113.39M |
| Weighted Avg Shares Outstanding (Diluted) | $113.55M | $113.47M | $113.47M | $113.41M |
Over the last four quarters, Glacier Bancorp, Inc. achieved steady financial progress, growing revenue from $301.10M in Q2 2024 to $316.83M in Q1 2025. Gross profit stayed firm with margins at 66% in Q1 2025 versus 63% in Q2 2024. Operating income totaled $63.49M in Q1 2025, maintaining a 20% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at $74.25M. Net income dropped to $54.57M, with EPS at $0.48. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.
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