NYSE:GBCIBanks
Is Glacier Bancorp (GBCI) Pricing In Too Much Optimism After Recent Share Price Strength?
If you are wondering whether Glacier Bancorp at around US$53 per share offers good value today, you are not alone. That is exactly what this article will unpack.
The stock has logged returns of 8.6% over the past week, 15.7% over the last 30 days, 19.2% year to date, and 8.5% over 1 year, which naturally raises questions about how much optimism is now reflected in the price.
Over the last few years, Glacier Bancorp has also recorded 24.8% returns over 3 years and 18.9% over 5 years. This...