secwatch.observer — SEC 8-K summary
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Issuer:     GLACIER BANCORP, INC. (GBCI)
CIK:        0000868671
Form:       8-K
Filed at:   2024-07-18T23:59:59+00:00
Accession:  0000868671-24-000070
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Glacier Bancorp Q2 net income $44.7M; EPS $0.39; NIM expands 9bp to 2.68%
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- Net income $44.7M, up 37% QoQ ($32.6M) but down 19% YoY ($55.0M); diluted EPS $0.39.
- Net interest margin 2.68%, +9bp QoQ; loan yield 5.58% (+12bp QoQ); core deposit cost 1.36%.
- Loan portfolio $16.85B, +$119M (3% annualized) during Q2; core deposits $20.1B, -$325M QoQ.
- Non-performing assets $18.0M, down 29% QoQ; ACL 1.19% of loans; net charge-offs $2.9M.
- Completed Wheatland acquisition ($778M assets) in Jan 2024; paid off $2.74B BTFP in Q1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/868671/000086867124000070/0000868671-24-000070-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/868671/000086867124000070/gbci-20240718.htm
  HTML page:      https://secwatch.observer/filing/0000868671-24-000070

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