Glacier Bancorp (GBCI) Misses Q4 EPS by 1c

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

January 28, 2016 4:30 PM EST

HIGHLIGHTS: 

Net income of $29.5 million for the current quarter was basically unchanged from the prior quarters $29.6 million net income and was an increase of 5 percent from the prior year fourth quarter net income of $28.1 million.Current quarter diluted earnings per share of $0.39 compared to the prior quarter diluted earnings per share of $0.39 and the prior year fourth quarter diluted earnings per share of $0.37, an increase of 5 percent.Organic loan growth was $346 million, or 8 percent, for the current year.Net interest margin as a percentage of earning assets, on a tax-equivalent basis,... More