---
schema_version: "secwatch.filing_event.v1"
accession: "0000868671-24-000058"
form_type: "8-K"
ticker: "GBCI"
cik: "0000868671"
company_name: "GLACIER BANCORP, INC."
filed_at: "2024-04-18T23:59:59+00:00"
generated_at: "2026-06-03T21:21:54.664536+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Glacier Bancorp Q1 net income $32.6M, down 47% YoY; EPS $0.29

## Summary
- Net income $32.6M ($0.29 diluted EPS) vs $61.2M ($0.55) in year-ago quarter; decrease driven by higher funding costs and Wheatland acquisition expenses.
- Net interest margin (tax-equivalent) improved to 2.59% from 2.56% QoQ, first increase since Q3 2022; core NIM 2.55%.
- Loans grew 3% to $16.73B; deposits up 3% to $20.43B; repaid $2.74B BTFP borrowings using FHLB advances and cash.
- Completed Wheatland Bank acquisition (assets $778M) on Jan 31,2024; announced agreement to buy 6 Montana branches from HTLF, expected close Q3 2024.
- Non-interest expense $151.8M included $10.7M acquisition costs and $1.5M FDIC special assessment; efficiency ratio rose to 74.4%.

## SEC filing metadata
- accession: 0000868671-24-000058
- form_type: 8-K
- ticker: GBCI
- cik: 0000868671
- company_name: GLACIER BANCORP, INC.
- filed_at: 2024-04-18T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/868671/000086867124000058/0000868671-24-000058-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/868671/000086867124000058/gbci-20240418.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000868671-24-000058
- JSON: https://secwatch.observer/filing/0000868671-24-000058.json
- Plain text: https://secwatch.observer/filing/0000868671-24-000058.txt

## Key facts
- Earnings Releases
  GLACIER BANCORP, INC. reported for the quarter ended March 31, 2024 results: net income $32.6 million, EPS $0.29 per share.
  - Period: for the quarter ended March 31, 2024
  - Net income: $32.6 million
  - EPS: $0.29 per share
  - Result: reported results
  source text: On April 18, 2024, Glacier Bancorp, Inc. ("Company") issued a press release announcing its financial results for the quarter ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/868671/000086867124000058/0000868671-24-000058-index.htm

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