Glacier Bancorp to acquire Bank of Idaho Holding Co. for $245.4M in stock

GLACIER BANCORP, INC.

Total consideration $245.4M based on 1.100 GBCI shares per BOID share; value of $52.47/BOID share.
BOID had $1.3B assets, $1.0B loans, $1.1B deposits as of Sep 30, 2024.
Transaction expected to close Q2 2025, subject to regulatory and shareholder approvals.
Bank of Idaho branches to join three existing Glacier divisions in Idaho and Washington.
This is Glacier's 26th bank acquisition since 2000.

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