Glacier Bancorp, Inc.

GBCI Financial Banks Regional

Glacier Bancorp, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.4 billion, up 13.3% from fiscal 2024. In the quarter to June 2026, revenue grew 19.1%, EPS grew 66.7%, free cash flow grew 42.0% and total debt fell 83.6%, each against the same quarter a year earlier. Dividend growth for three consecutive years, revenue growth for ten; insiders bought in the last twelve months.

43.88 0.12 +0.27%
Market cap
$5.7B
P/E
18.0×
Fwd P/E
15.3×
Dividend yield
3.05%
F-score
8/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Insider Decisions trades per month

Total buys 0.45
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy 4 — — 1 — — — — — 1 — —
Sell — — — — — — — — — — — —
Insider Ownership 0.44%

Capital & Financial Ratios $m

Market Cap 5,700.00
Revenue 1,580.30
Net Income 311.69
Free Cash Flow 414.29
Net Debt (815.23)
Current Ratio 0.84
Debt/Equity 0.06
P/E ratio 17.98
Fwd P/E 15.30
P/S ratio 3.61
P/B ratio 1.32
Past 5Y EPS Growth (6.67%) (below 0%: weak)
This Y EPS Growth 52.93% (at or above 15%: strong)
Next Y EPS Growth 17.25% (at or above 15%: strong)
Next Y revenue growth (9.20%) (below 0%: weak)
Next 5Y EPS Growth 25.57% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 35.64%
10-year low 10-year high
P/S against its own 10 years 8.96%
10-year low 10-year high
P/B against its own 10 years 8.44%
10-year low 10-year high

Dividends

Payout Ratio 0.55
Annual Dividend Rate 1.34
Annual Dividend Yield 3.05%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 1.33
0.33
0.33
0.35
2025 1.32
0.33
0.33
0.33
0.33
2024 1.32
0.33
0.33
0.33
0.33
2023 1.32
0.33
0.33
0.33
0.33
2022 1.32
0.10
0.33
0.33
0.33
0.33
2021 1.27
0.15
0.31
0.32
0.32
0.32
2020 1.18
0.20
0.29
0.29
0.30
0.30
2019 1.11
0.30
0.26
0.27
0.29
0.29
2018 1.01
0.23
0.26
0.26
0.26
2017 0.84
0.30
0.21
0.21
0.21
0.30
0.21
2016 0.80
0.30
0.20
0.20
0.20
0.20
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 1,354 848 1,235 1,057
Receivables — — — —
Inventory — — — —
Other — — — —
17,470 18,037 22,067 22,326
2023 2024 2025 Q'26
Payables 19,929 20,547 24,591 24,654
ST’ Debt — — — —
Other — — — —
21,542 22,358 26,708 26,636

Compound Annual Growth %

10y 5y 3y
Sales 13.13% 12.43% 14.78%
Cash Flow 7.79% 14.58% (7.34%)
Earnings 7.49% (2.15%) (7.62%)
Book Value 14.62% 12.80% 14.01%

Revenue $m

Mar Jun Sep Dec Year
’26 400 406 — — —
’25 323 341 360 413 1,437
’24 309 306 324 329 1,268
’23 260 276 295 304 1,136
’22 224 228 245 254 950
’21 202 195 202 227 826
’20 176 197 211 216 800
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 88 121 — — —
’25 52 86 112 123 374
’24 (57) 63 150 102 258
’23 98 121 130 151 501
’22 78 138 134 120 471
’21 148 142 127 155 572
’20 26 111 (23) 76 190
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 76 116 — — —
’25 49 82 105 117 353
’24 (61) 49 141 95 224
’23 90 109 114 138 451
’22 74 129 130 114 447
’21 146 145 122 149 563
’20 25 107 (27) 72 178
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 0.63 0.75 — — —
’25 0.48 0.45 0.57 0.49 1.99
’24 0.29 0.39 0.45 0.54 1.68
’23 0.55 0.50 0.47 0.49 2.01
’22 0.61 0.69 0.72 0.72 2.74
’21 0.85 0.81 0.79 0.46 2.86
’20 0.46 0.66 0.81 0.86 2.81
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.5
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 21.90 31.38 35.77 37.58 26.66 44.55 44.43 26.77 34.35 36.76

Analyst estimates 2026–2028

Powerpack
High 37.87 41.23 47.67 46.51 47.05 67.35 60.69 50.03 60.67 52.81
People
People Employees 2,291 2,354 2,723 3,046 3,032 3,559 3,552 3,358 3,595 4,188
Revenue/emp, $m 0.20 0.21 0.22 0.22 0.26 0.23 0.27 0.34 0.35 0.34
Income, $m
Income, $m Revenue 451 487 588 677 800 826 950 1,136 1,268 1,437
Gross margin, % 93.44 93.87 93.96 93.68 96.59 97.75 95.66 71.30 65.68 71.70
EBT 161 181 222 259 328 349 370 268 226 290
EBT margin, % 35.62 37.15 37.80 38.29 41.01 42.31 38.96 23.56 17.84 20.20
Net income 121 116 182 211 266 285 303 223 190 239
Depreciation 47 37 41 51 1 75 86 68 73 79
Per share, $
Per share, $ Revenue 5.92 6.28 7.03 7.67 8.43 8.32 8.58 10.24 11.21 12.00
Earnings 1.59 1.50 2.18 2.39 2.81 2.87 2.74 2.01 1.68 2.00
Cash flow 2.53 3.29 3.36 2.57 2.00 5.76 4.25 4.52 2.28 3.13
Capex (0.11) (0.13) (0.22) (0.19) (0.12) (0.09) (0.21) (0.44) (0.30) (0.18)
Free cash flow 2.42 3.15 3.13 2.38 1.87 5.67 4.04 4.07 1.98 2.95
Book value 14.64 15.46 18.13 22.22 24.31 32.00 25.67 27.24 28.49 35.19
Shares, m 76 78 84 88 95 99 111 111 113 120
Valuation, ×
Valuation, × P/E 22.87 26.00 18.17 19.32 16.43 19.48 17.92 20.84 30.07 22.14
P/S 6.14 6.21 5.64 6.00 5.46 6.82 5.72 4.09 4.48 3.67
P/B 2.48 2.52 2.19 2.07 1.89 1.77 1.91 1.54 1.76 1.25
EV/Sales 6.65 6.80 6.29 5.81 4.88 6.50 7.41 5.50 5.39 3.28
EV/FCF 16.25 13.54 14.11 18.72 21.96 9.54 15.75 13.83 30.47 13.37
Cash, $m
Cash, $m Operating cash flow 193 255 281 227 190 572 471 501 258 374
Capex (8) (10) (19) (16) (12) (9) (23) (49) (34) (22)
Free cash flow 185 245 262 210 178 563 447 451 224 353
Balance, $m
Balance, $m Working capital (2,023) (1,214) (1,447) (1,506) (3,966) (8,526) (5,994) (4,072) (4,322) (4,641)
Total debt 382 488 589 207 173 177 2,010 2,955 1,995 679
Net debt 230 288 385 (124) (460) (261) 1,608 1,600 1,147 (556)
Shareholders’ equity 1,117 1,199 1,516 1,961 2,307 3,178 2,843 3,020 3,224 4,214
Returns, %
Returns, % ROA 1.31 1.21 1.67 1.63 1.66 1.28 1.15 0.82 0.68 0.80
ROIC 7.60 7.69 7.41 8.82 11.10 7.49 5.20 3.62 3.24 4.96
ROE 11.04 10.05 13.40 12.11 12.48 10.38 10.07 7.60 6.09 6.43
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Glacier Bancorp, Inc. vs peers in Banks Regional (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
UBSI United Bankshares, Inc. $6.4B 12.7× 12.1× +0.89% (above 0%: growing) +11.76% (above 0%: growing) +14.62% (above 0%: growing) 70.90% 0.00% Compare
IFS Intercorp Financial Services Inc. $6.3B 15.9× — (loss-making) +18.27% (above 0%: growing) +106.49% (above 0%: growing) +720.11% (above 0%: growing) 75.55% 0.00% Compare
FNB F.N.B. Corporation $6.1B 10.3× 10.2× +0.15% (above 0%: growing) +16.67% (above 0%: growing) +183.53% (above 0%: growing) 68.59% 0.00% Compare
HWC Hancock Whitney Corporation $5.9B 14.2× 13.1× +4.02% (above 0%: growing) +18.18% (above 0%: growing) +23.30% (above 0%: growing) 77.00% 0.00% Compare
HOMB Home BancShares, Inc. $5.8B 12.0× 11.0× +1.68% (above 0%: growing) +2.81% (above 0%: growing) +20.30% (above 0%: growing) 75.64% 0.00% Compare
GBCI Glacier Bancorp, Inc. $5.7B 18.0× 15.3× +19.14% (above 0%: growing) +66.67% (above 0%: growing) +42.03% (above 0%: growing) 78.15% 0.00%
AUB Atlantic Union Bankshares Corporation $5.5B 11.4× 10.0× −2.50% (below 0%: shrinking) +825.00% (above 0%: growing) −92.37% (below 0%: shrinking) 71.98% 0.00% Compare
ASB Associated Banc-Corp $5.5B 10.1× 9.8× +14.89% (above 0%: growing) −3.03% (below 0%: shrinking) +48.78% (above 0%: growing) 64.01% 0.00% Compare
ABCB Ameris Bancorp $5.4B 14.4× 12.7× +5.42% (above 0%: growing) −51.88% (below 0%: shrinking) +31.88% (above 0%: growing) 74.25% 0.00% Compare
Median of peers $5.8B 12.3× 11.0× +2.85% +14.22% +27.59% 73.12% 0.00%

All 323 Banks Regional stocks →

Glacier Bancorp, Inc. (GBCI) key facts

  • Strength: Glacier Bancorp, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.4 billion, up 13.3% from fiscal 2024.
  • Strength: Net income was $239.0 million, or $2.00 per share (basic), a net margin of 16.6%.
  • Glacier Bancorp, Inc. (GBCI) is a Banks Regional company in the Financial sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, GBCI traded at $43.88, a market capitalization of $5.7 billion.
  • At that price the stock trades at 18.0× trailing-twelve-month earnings and 3.6× sales; its P/E is higher than 36% of its own readings over the past ten years.
  • Glacier Bancorp, Inc. pays an annual dividend of $1.34 per share, a yield of 3.05%, with a payout ratio of 54.9%.
  • Return on equity was 6.43% and debt-to-equity 0.06.
  • Its Piotroski F-score is 8 out of 9 for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Glacier Bancorp, Inc. (GBCI) Latest News

27 Apr

stockrow.com/GBCI · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com