Glacier Bancorp (NASDAQ:GBCI – Get Free Report) issued its quarterly earnings data on Thursday. The bank reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.37 by $0.02, Briefing.com reports. The firm had revenue of $306.04 million during the quarter, compared to the consensus estimate of $204.43 million. Glacier Bancorp had a return on equity of 6.13% and a net margin of 15.15%. During the same period in the prior year, the business earned $0.50 EPS.
Glacier Bancorp Trading Down 0.6 %
Shares of GBCI stock opened at $43.03 on Friday. The stock has a 50-day simple moving average of $37.62 and a 200 day simple moving average of $38.06. Glacier Bancorp has a fifty-two week low of $26.83 and a fifty-two week high of $44.75. The stock has a market capitalization of $4.88 billion, a P/E ratio of 26.24 and a beta of 0.81. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.76.
Glacier Bancorp Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, July 18th. Investors of record on Tuesday, July 9th were paid a dividend of $0.33 per share. The ex-dividend date of this dividend was Tuesday, July 9th. This represents a $1.32 annualized dividend and a yield of 3.07%. Glacier Bancorp’s dividend payout ratio is currently 75.43%.
Analyst Ratings Changes
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About Glacier Bancorp
Glacier Bancorp, Inc operates as the bank holding company for Glacier Bank that provides commercial banking services to individuals, small to medium-sized businesses, community organizations, and public entities in the United States. The company offers retail banking, business banking, and mortgage origination and loan servicing services.
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