Glacier Bancorp (GBCI) Reports In-Line Q1 EPS

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Go back to Glacier Bancorp (GBCI) Reports In-Line Q1 EPS

Glacier Bancorp, Inc. Announces Results for the Quarter Ended March 31, 2015

April 23, 2015 4:30 PM EDT

HIGHLIGHTS:

Net income of $27.7 million for the current quarter, an increase of 4 percent from the prior year first quarter net income of $26.7 million.   Current quarter diluted earnings per share of $0.37, an increase of 3 percent from the prior year first quarter diluted earnings per share of $0.36.   Net interest margin as a percentage of earning assets, on a tax-equivalent basis, for the current quarter was 4.03 percent, an increase of 11 basis points from the prior quarter net interest margin of 3.92 percent.   Excluding the acquisition, the loan portfolio increased $115 million, or 10 percent annualized, during the current quarter.  ... More