---
schema_version: "secwatch.filing_event.v1"
accession: "0000868671-23-000110"
form_type: "8-K"
ticker: "GBCI"
cik: "0000868671"
company_name: "GLACIER BANCORP, INC."
filed_at: "2023-07-20T23:59:59+00:00"
generated_at: "2026-06-13T06:01:38.677880+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Glacier Bancorp Q2 net income falls 28% YoY to $55.0M; NIM narrows to 2.74%

## Summary
- Net income $55.0M ($0.50 diluted EPS), down 28% from $76.4M ($0.69) in Q2 2022.
- Net interest margin (tax-equivalent) compressed to 2.74% from 3.23% a year ago; interest expense surged 1,116%.
- Loan portfolio grew 11% annualized to $15.955B; commercial real estate led with $229M increase.
- Non-performing assets remained low at 0.12% of subsidiary assets; ACL at 1.19% of loans.
- Dividend declared $0.33 per share, unchanged; tangible book value rose to $17.18 per share.

## SEC filing metadata
- accession: 0000868671-23-000110
- form_type: 8-K
- ticker: GBCI
- cik: 0000868671
- company_name: GLACIER BANCORP, INC.
- filed_at: 2023-07-20T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/868671/000086867123000110/0000868671-23-000110-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/868671/000086867123000110/gbci-20230720.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000868671-23-000110
- JSON: https://secwatch.observer/filing/0000868671-23-000110.json
- Plain text: https://secwatch.observer/filing/0000868671-23-000110.txt

## Key facts
- Earnings Releases
  GLACIER BANCORP, INC. reported the six months ended June 30, 2023 results: net income $116 million, EPS $1.05 per share.
  - Period: the six months ended June 30, 2023
  - Net income: $116 million
  - EPS: $1.05 per share
  - Result: reported results
  source text: Net income for the six months ended June 30, 2023 was $116 million, a decrease of $28.0 million, or 19 percent, from the $144 million for the first six months in the prior year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/868671/000086867123000110/0000868671-23-000110-index.htm
- Earnings Releases
  GLACIER BANCORP, INC. reported the quarter ended June 30, 2023 results: net income $55.0 million, EPS $0.50 per share.
  - Period: the quarter ended June 30, 2023
  - Net income: $55.0 million
  - EPS: $0.50 per share
  - Result: reported results
  source text: On July 20, 2023, Glacier Bancorp, Inc. ("Company") issued a press release announcing its financial results for the quarter ended June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/868671/000086867123000110/0000868671-23-000110-index.htm

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