Glacier Bancorp
Market Cap
US$4.9b
Last Updated
2021/01/23 23:53 UTC
Data Sources
Company Financials +
Executive Summary
Glacier Bancorp, Inc. operates as the holding company for Glacier Bank that provides commercial banking services to individuals, small to medium-sized businesses, community organizations, and public entities in the United States. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 3.2% per year for the next 3 years
Snowflake Analysis
Flawless balance sheet with solid track record and pays a dividend.
Similar Companies
Share Price & News
How has Glacier Bancorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GBCI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: GBCI's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
2.2%
GBCI
-2.3%
US Banks
2.3%
US Market
1 Year Return
16.3%
GBCI
-6.6%
US Banks
23.8%
US Market
Return vs Industry: GBCI exceeded the US Banks industry which returned -6.6% over the past year.
Return vs Market: GBCI underperformed the US Market which returned 23.7% over the past year.
Shareholder returns
| GBCI | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.2% | -2.3% | 2.3% |
| 30 Day | 11.6% | 7.4% | 4.8% |
| 90 Day | 37.9% | 30.1% | 14.5% |
| 1 Year | 20.6%16.3% | -3.2%-6.6% | 26.6%23.8% |
| 3 Year | 42.0%28.6% | -2.3%-10.7% | 45.0%35.4% |
| 5 Year | 156.6%117.0% | 77.3%54.9% | 126.2%101.0% |
Long-Term Price Volatility Vs. Market
How volatile is Glacier Bancorp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
Are Institutions Heavily Invested In Glacier Bancorp, Inc.'s (NASDAQ:GBCI) Shares?3 weeks ago | Simply Wall St
Be Sure To Check Out Glacier Bancorp, Inc. (NASDAQ:GBCI) Before It Goes Ex-Dividend1 month ago | Simply Wall St
Why Glacier Bancorp, Inc. (NASDAQ:GBCI) Is A Top Dividend StockValuation
Is Glacier Bancorp undervalued compared to its fair value and its price relative to the market?
19.91x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: GBCI ($51.2) is trading above our estimate of fair value ($47.13)
Significantly Below Fair Value: GBCI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GBCI is poor value based on its PE Ratio (19.9x) compared to the US Banks industry average (12.2x).
PE vs Market: GBCI is good value based on its PE Ratio (19.9x) compared to the US market (21.3x).
Price to Earnings Growth Ratio
PEG Ratio: GBCI's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: GBCI is overvalued based on its PB Ratio (2.2x) compared to the US Banks industry average (1x).
Next Steps
Future Growth
How is Glacier Bancorp forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
-3.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GBCI's earnings are forecast to decline over the next 3 years (-3.2% per year).
Earnings vs Market: GBCI's earnings are forecast to decline over the next 3 years (-3.2% per year).
High Growth Earnings: GBCI's earnings are forecast to decline over the next 3 years.
Revenue vs Market: GBCI's revenue (0.4% per year) is forecast to grow slower than the US market (10.6% per year).
High Growth Revenue: GBCI's revenue (0.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GBCI's Return on Equity is forecast to be low in 3 years time (10.1%).
Next Steps
Past Performance
How has Glacier Bancorp performed over the past 5 years?
16.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GBCI has high quality earnings.
Growing Profit Margin: GBCI's current net profit margins (35%) are higher than last year (33.3%).
Past Earnings Growth Analysis
Earnings Trend: GBCI's earnings have grown by 16.4% per year over the past 5 years.
Accelerating Growth: GBCI's earnings growth over the past year (19.3%) exceeds its 5-year average (16.4% per year).
Earnings vs Industry: GBCI earnings growth over the past year (19.3%) exceeded the Banks industry -3.6%.
Return on Equity
High ROE: GBCI's Return on Equity (10.7%) is considered low.
Next Steps
Financial Health
How is Glacier Bancorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: GBCI's Assets to Equity ratio (7.9x) is low.
Allowance for Bad Loans: GBCI has a sufficient allowance for bad loans (419%).
Low Risk Liabilities: 91% of GBCI's liabilities are made up of primarily low risk sources of funding.
Loan Level: GBCI has an appropriate level of Loans to Assets ratio (64%).
Low Risk Deposits: GBCI's Loans to Deposits ratio (80%) is appropriate.
Level of Bad Loans: GBCI has an appropriate level of bad loans (0.3%).
Next Steps
Dividend
What is Glacier Bancorp current dividend yield, its reliability and sustainability?
2.64%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GBCI's dividend (2.64%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: GBCI's dividend (2.64%) is low compared to the top 25% of dividend payers in the US market (3.85%).
Stability and Growth of Payments
Stable Dividend: GBCI's dividends per share have been stable in the past 10 years.
Growing Dividend: GBCI's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (45.5%), GBCI's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: GBCI's dividends in 3 years are forecast to be covered by earnings (51.3% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
13.4yrs
Average management tenure
CEO
Randy Chesler (61 yo)
4yrs
Tenure
US$2,008,175
Compensation
Mr. Randall M. Chesler, also known as Randy, has been the President of Glacier Bank, Inc. since August 1, 2015. Mr. Chesler has been President and Chief Executive Officer of Glacier Bancorp, Inc. since Jan...
CEO Compensation Analysis
Compensation vs Market: Randy's total compensation ($USD2.01M) is below average for companies of similar size in the US market ($USD6.22M).
Compensation vs Earnings: Randy's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4yrs | US$2.01m | 0.033% $ 1.6m | |
| Executive VP | 13.83yrs | US$931.13k | 0.069% $ 3.4m | |
| Executive VP & Chief Administrative Officer | 13.42yrs | US$756.24k | 0.028% $ 1.4m | |
| Senior VP & Chief Operating Officer | no data | no data | no data | |
| Senior VP & Principal Accounting Officer | no data | no data | no data | |
| Senior VP & Chief Information Officer | no data | no data | no data | |
| Senior VP & Compliance Director | no data | no data | no data | |
| Senior VP & Human Resources Director | no data | no data | no data | |
| Senior VP & Corporate Real Estate Manager | no data | no data | no data | |
| Senior VP & Chief Credit Officer | no data | no data | no data | |
| Senior VP & Enterprise Risk Manager | no data | no data | no data | |
| Senior VP & Internal Audit Director | no data | no data | no data |
13.4yrs
Average Tenure
61yo
Average Age
Experienced Management: GBCI's management team is seasoned and experienced (13.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4yrs | US$2.01m | 0.033% $ 1.6m | |
| Independent Director | 2.5yrs | US$114.16k | 0.032% $ 1.6m | |
| Independent Director | 15.33yrs | US$99.47k | 0.016% $ 791.9k | |
| Independent Director | 16.92yrs | US$106.48k | 0.035% $ 1.7m | |
| Independent Chairman of the Board | no data | US$86.04k | 0.066% $ 3.2m | |
| Independent Director | 14.33yrs | US$125.04k | 0.013% $ 621.4k | |
| Independent Director | 10.25yrs | US$99.43k | 0.021% $ 1.0m | |
| Independent Director | no data | no data | 0.13% $ 6.5m | |
| Independent Director | 8.58yrs | US$86.04k | 0.014% $ 681.5k | |
| Independent Director | no data | no data | 0.0025% $ 123.1k | |
| Independent Director | 3.33yrs | US$79.04k | 0.0033% $ 161.7k |
9.4yrs
Average Tenure
68yo
Average Age
Experienced Board: GBCI's board of directors are considered experienced (9.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.5%.
Top Shareholders
Company Information
Glacier Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Glacier Bancorp, Inc.
- Ticker: GBCI
- Exchange: NasdaqGS
- Founded: 2004
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$4.885b
- Shares outstanding: 95.41m
- Website: https://www.glacierbank.com
Number of Employees
Location
- Glacier Bancorp, Inc.
- 49 Commons Loop
- Kalispell
- Montana
- 59901
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| GBCI | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Mar 1984 |
| GLC | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Mar 1984 |
Biography
Glacier Bancorp, Inc. operates as the holding company for Glacier Bank that provides commercial banking services to individuals, small to medium-sized businesses, community organizations, and public entiti...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/23 23:53 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.