Glacier Bancorp, Inc.
Glacier Bancorp, Inc. (GBCI) Financial Performance & Income Statement Overview
Analyze Glacier Bancorp, Inc. (GBCI) financial statements (income, balance sheet, and cash flow) across both yearly and quarterly periods.
Glacier Bancorp, Inc. (GBCI) Income Statement & Financial Overview
Analyze Glacier Bancorp, Inc.’s GBCI earnings with segmented quarterly and yearly financial statement figures.
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 past four quarters, Glacier Bancorp, Inc. demonstrated steady revenue growth, increasing from $301.10M in Q2 2024 to $316.83M in Q1 2025. Operating income reached $63.49M in Q1 2025, maintaining a consistent 20% margin over recent quarters. Despite fluctuations in R&D and SG&A expenses, EBITDA remained robust at $74.25M, reflecting operational efficiency. Net income dropped to $54.57M, with EPS at $0.48. Disciplined expense management helped sustain profitability, highlighting solid overall financial performance.
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