secwatch.observer — SEC 8-K summary
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Issuer:     GLACIER BANCORP, INC. (GBCI)
CIK:        0000868671
Form:       8-K
Filed at:   2024-01-25T23:59:59+00:00
Accession:  0000868671-24-000002
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Glacier Bancorp Q4 net income $54.3M, down 32% YoY; EPS $0.49 vs $0.72
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- Q4 net income $54.3M ($0.49 diluted EPS) vs $79.7M ($0.72) a year ago; full-year 2023 net income $223M ($2.01 EPS).
- Net interest margin compressed to 2.56% from 3.30% a year ago on higher funding costs.
- Announced acquisition of Wheatland Bank (Community Financial Group) expected to close Jan 31, 2024; total assets $728M.
- Q4 non-interest expense included $6.0M FDIC special assessment; total expense $132.2M.
- Tangible book value per share rose to $18.06 from $16.40 a year ago; loan growth 6% for 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/868671/000086867124000002/0000868671-24-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/868671/000086867124000002/gbci-20240125.htm
  HTML page:      https://secwatch.observer/filing/0000868671-24-000002

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer