Glacier Bancorp (GBCI) Misses Q2 EPS by 2c

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Glacier Bancorp, Inc. Announces Results for the Quarter Ended June 30, 2015

July 23, 2015 4:30 PM EDT

HIGHLIGHTS:

Net income of $29.3 million for the current quarter, an increase of 6 percent from the prior quarter $27.7 million net income and an increase of 2 percent from the prior year second quarter net income of $28.7 million.   Current quarter diluted earnings per share of $0.39, an increase of 5 percent from the prior quarter $0.37 diluted earnings per share and an increase of 3 percent from the prior year second quarter diluted earnings per share of $0.38.   The loan portfolio increased $120 million, or 10 percent annualized, during the current quarter.   Non-interest bearing deposits of $1.731 billion, increased $55.6 million, or 13 percent annualized, during the current... More