earnings
confidence high
sentiment neutral
materiality 0.60
Glacier Bancorp Q3 EPS $0.45, up 15% QoQ; NIM expands to 2.83%
GLACIER BANCORP, INC.
2024-Q3 EPS reported
$1.13
revenue$69,973,000
- Diluted EPS $0.45, net income $51.1M (+14% QoQ, -3% YoY).
- Net interest margin 2.83% (+15 bps QoQ) on loan yield of 5.69%.
- Core deposits grew $613M (+3%) to $20.7B; non-interest bearing up $314M (+5%).
- Acquired Rocky Mountain Bank MT branches (July 2024): $403M assets, $272M loans.
- Non-performing assets $28.1M (0.10% of assets), up from $18.0M in Q2; ACL stable at 1.19%.