---
schema_version: "secwatch.filing_event.v1"
accession: "0000868671-23-000074"
form_type: "8-K"
ticker: "GBCI"
cik: "0000868671"
company_name: "GLACIER BANCORP, INC."
filed_at: "2023-04-20T23:59:59+00:00"
generated_at: "2026-06-16T23:09:41.798517+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Glacier Bancorp Q1 net income $61.2M, down 10% YoY; EPS $0.55, NIM 3.08%

## Summary
- Net income of $61.2M, down 23% QoQ and 10% YoY; diluted EPS $0.55 vs $0.61 last year.
- Net interest margin (tax-equivalent) fell to 3.08% from 3.30% prior quarter; funding costs surged.
- Loan portfolio grew $272M (7% annualized); new loan production yield 6.96%.
- Deposits & repurchase agreements decreased $213M; cash position increased $1.1B.
- Non-performing assets at 0.12% of subsidiary assets; dividend held at $0.33 per share.

## SEC filing metadata
- accession: 0000868671-23-000074
- form_type: 8-K
- ticker: GBCI
- cik: 0000868671
- company_name: GLACIER BANCORP, INC.
- filed_at: 2023-04-20T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/868671/000086867123000074/0000868671-23-000074-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/868671/000086867123000074/gbci-20230420.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000868671-23-000074
- JSON: https://secwatch.observer/filing/0000868671-23-000074.json
- Plain text: https://secwatch.observer/filing/0000868671-23-000074.txt

## Key facts
- Earnings Releases
  GLACIER BANCORP, INC. reported the quarter ended March 31, 2023 results: net income $61.2 million, EPS $0.55 per share.
  - Period: the quarter ended March 31, 2023
  - Net income: $61.2 million
  - EPS: $0.55 per share
  - Result: reported results
  source text: On April 20, 2023, Glacier Bancorp, Inc. ("Company") issued a press release announcing its financial results for the quarter ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/868671/000086867123000074/0000868671-23-000074-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.