Glacier Bancorp (GBCI) Reports In-Line Q1 EPS
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Glacier Bancorp, Inc. Announces Results for the Quarter Ended March 31, 2022
April 21, 2022 4:30 PM EDT1st Quarter 2022 Highlights:
The loan portfolio, excluding the Payroll Protection Program (PPP) loans, organically grew $407 million, or 12 percent annualized, in the current quarter.Net income of $67.8 million for the current quarter, an increase of $17.1 million, or 34 percent, from the prior quarter net income of $50.7 million.Non-interest expense of $130 million, decreased $3.7 million, or 3 percent, over the prior quarter non-interest expense of $134 million. Excluding the $6.2 million of acquisition-related expenses, non-interest expense was $124 million during the current... More