Glacier Bancorp (GBCI) Tops Q3 EPS by 8c

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Glacier Bancorp, Inc. Announces Results For The Quarter And Period Ended September 30, 2021

October 21, 2021 4:30 PM EDT

3rd Quarter 2021 Highlights:

The loan portfolio, excluding the Payroll Protection Program (PPP) loans, increased $382 million, or 14 percent annualized, in the current quarter.Core deposits increased $742 million, or 18 percent annualized, during the current quarter.Net interest income (tax-equivalent), excluding the PPP loans, of $154 million, increased $4.6 million, or 3 percent, over the prior quarter net interest income of $150 million.Received $327 million in PPP loan forgiveness proceeds from the U.S. Small... More