Glacier Bancorp (GBCI) Misses Q1 EPS by 1c

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Glacier Bancorp, Inc. Announces Results for the Quarter Ended March 31, 2016

April 21, 2016 4:15 PM EDT

HIGHLIGHTS:

Net income of $28.7 million for the current quarter, an increase of 4 percent over the prior year first quarter net income of $27.7 million.Current quarter diluted earnings per share of $0.38, an increase of 3 percent from the prior year first quarter diluted earnings per share of $0.37.Loan growth of $119 million, or 9 percent annualized for the current quarter.Net interest margin of 4.01 percent as a percentage of earning assets, on a tax equivalent basis, for the current quarter.Dividend declared of $0.20 per share, an increase of $0.01 per share, or 5 percent, over... More