Glacier Bancorp gets regulatory OK for 6 MT branch acquisition with $463M deposits

GLACIER BANCORP, INC.

Regulatory approval received to acquire six Montana branch locations from HTLF Bank (NASDAQ: HTLF).
Branches had approximately $463 million in deposits and $296 million in loans as of March 31, 2024.
Transaction expected to close in July 2024, subject to customary closing conditions.
Projected ~$0.03 EPS accretive in 2024 (1.6%) and ~$0.07 EPS accretive in 2025 (3.1%).
Branches to join existing Glacier Bank divisions in Montana upon closing.

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