Glacier Bancorp (GBCI) Misses Q3 EPS by 1c

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Glacier Bancorp, Inc. Announces Results for the Quarter and Period Ended September 30, 2022

October 20, 2022 4:30 PM EDT

3rd Quarter 2022 Highlights:

Net income was $79.3 million for the current quarter, an increase of $2.9 million, or 5 percent, from the prior quarter net income of $76.4 million. Net income for the current quarter increased $3.7 million, or 5 percent, over the prior year third quarter net income of $75.6 million as a result of organic and acquisition growth.The loan portfolio, excluding the Paycheck Protection Program (PPP) loans, grew $457 million, or 13 percent annualized, in the current quarter.Core deposits increased $96.0 million,... More