secwatch.observer — SEC 8-K summary
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Issuer:     GLACIER BANCORP, INC. (GBCI)
CIK:        0000868671
Form:       8-K
Filed at:   2023-04-20T23:59:59+00:00
Accession:  0000868671-23-000074
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/868671/000086867123000074/0000868671-23-000074-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/868671/000086867123000074/gbci-20230420.htm
  HTML page:      https://secwatch.observer/filing/0000868671-23-000074

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