NasdaqGS:GBCI

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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


Snowflake Analysis

Flawless balance sheet established dividend payer.


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's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-9.4%

GBCI

-3.8%

US Banks

-3.1%

US Market


1 Year Return

-24.0%

GBCI

-28.4%

US Banks

12.7%

US Market

Return vs Industry: GBCI exceeded the US Banks industry which returned -28.4% over the past year.

Return vs Market: GBCI underperformed the US Market which returned 12.7% over the past year.


Shareholder returns

GBCIIndustryMarket
7 Day-9.4%-3.8%-3.1%
30 Day-13.8%-2.9%-2.9%
90 Day-11.5%-2.3%8.2%
1 Year-21.3%-24.0%-25.8%-28.4%15.3%12.7%
3 Year-9.7%-17.1%-18.3%-25.0%37.8%28.5%
5 Year39.2%16.9%19.0%4.3%90.9%69.4%

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

Valuation

Is Glacier Bancorp undervalued compared to its fair value and its price relative to the market?

24.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: GBCI ($30.84) is trading below our estimate of fair value ($40.74)

Significantly Below Fair Value: GBCI is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: GBCI is poor value based on its PE Ratio (13.3x) compared to the US Banks industry average (9.5x).

PE vs Market: GBCI is good value based on its PE Ratio (13.3x) compared to the US market (17.8x).


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 (1.3x) compared to the US Banks industry average (0.8x).


Next Steps

Future Growth

How is Glacier Bancorp forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

-11.2%

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 (-11.2% per year).

Earnings vs Market: GBCI's earnings are forecast to decline over the next 3 years (-11.2% per year).

High Growth Earnings: GBCI's earnings are forecast to decline over the next 3 years.

Revenue vs Market: GBCI's revenue is expected to decline over the next 3 years (-2.1% per year).

High Growth Revenue: GBCI's revenue is forecast to decline over the next 3 years (-2.1% 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 (8.7%).


Next Steps

Past Performance

How has Glacier Bancorp performed over the past 5 years?

15.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GBCI has high quality earnings.

Growing Profit Margin: GBCI's current net profit margins (32.7%) are lower than last year (34.6%).


Past Earnings Growth Analysis

Earnings Trend: GBCI's earnings have grown by 15.2% per year over the past 5 years.

Accelerating Growth: GBCI's earnings growth over the past year (7.6%) is below its 5-year average (15.2% per year).

Earnings vs Industry: GBCI earnings growth over the past year (7.6%) exceeded the Banks industry -3%.


Return on Equity

High ROE: GBCI's Return on Equity (9.8%) 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 (7.7x) is low.

Allowance for Bad Loans: GBCI has a sufficient allowance for bad loans (394%).

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 (67%).

Low Risk Deposits: GBCI's Loans to Deposits ratio (84%) is appropriate.

Level of Bad Loans: GBCI has an appropriate level of bad loans (0.4%).


Next Steps

Dividend

What is Glacier Bancorp current dividend yield, its reliability and sustainability?

4.41%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: GBCI's dividend (4.41%) is higher than the bottom 25% of dividend payers in the US market (1.71%).

High Dividend: GBCI's dividend (4.41%) is low compared to the top 25% of dividend payers in the US market (4.88%).


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 (49.9%), 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 (60.4% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

13.1yrs

Average management tenure


CEO

Randy Chesler (61 yo)

3.67yrs

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 ($USD2.01M) is below average for companies of similar size in the US market ($USD5.71M).

Compensation vs Earnings: Randy's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Randall Chesler
President3.67yrsUS$2.01m0.033%
$ 984.8k
Ronald Copher
Executive VP13.5yrsUS$931.13k0.069%
$ 2.0m
Donald Chery
Executive VP & Chief Administrative Officer13.08yrsUS$756.24k0.028%
$ 830.6k
Marcia Johnson
Senior VP & Chief Operating Officerno datano datano data
Angela Dose
Senior VP & Principal Accounting Officerno datano datano data
Mark MacMillan
Senior VP & Chief Information Officerno datano datano data
Ryan Screnar
Senior VP & Compliance Directorno datano datano data
David Langston
Senior VP & Human Resources Directorno datano datano data
Paul Peterson
Senior VP & Corporate Real Estate Managerno datano datano data
Barry Johnston
Senior VP & Chief Credit Officerno datano datano data
T. Frickle
Senior VP & Enterprise Risk Managerno datano datano data
Casey Ries
Senior VP & Internal Audit Directorno datano datano data

13.1yrs

Average Tenure

61yo

Average Age

Experienced Management: GBCI's management team is seasoned and experienced (13.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Randall Chesler
President3.67yrsUS$2.01m0.033%
$ 984.8k
David Boyles
Independent Director2.17yrsUS$114.16k0.032%
$ 941.6k
John Murdoch
Independent Director15yrsUS$99.47k0.016%
$ 477.0k
James English
Independent Director16.58yrsUS$106.48k0.035%
$ 1.0m
Craig Langel
Independent Chairman of the Boardno dataUS$86.04k0.066%
$ 1.9m
Douglas McBride
Independent Director14yrsUS$125.04k0.013%
$ 374.3k
Sherry Cladouhos
Independent Director9.92yrsUS$99.43k0.021%
$ 608.2k
Annie Goodwin
Independent Director8.25yrsUS$86.04k0.014%
$ 410.5k
George Sutton
Independent Director3yrsUS$79.04k0.0033%
$ 97.4k

9.1yrs

Average Tenure

69yo

Average Age

Experienced Board: GBCI's board of directors are considered experienced (9.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: GBCI insiders have sold more shares than they have bought 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 10.1%.


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$2.942b
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GBCINasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDMar 1984
GLCDB (Deutsche Boerse AG)YesCommon StockDEEURMar 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/23 06:15
End of Day Share Price2020/09/22 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.