NasdaqGS:GBCI

Stock Analysis Report

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.

Snowflake

Fundamentals

Flawless balance sheet with proven 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


Market Performance


7 Day Return

1.0%

NasdaqGS:GBCI

1.4%

US Banks

-0.02%

US Market


1 Year Return

-7.5%

NasdaqGS:GBCI

-5.6%

US Banks

1.6%

US Market

GBCI underperformed the Banks industry which returned -4.5% over the past year.

GBCI underperformed the Market in United States of America which returned 1.9% over the past year.


Share holder returns

GBCIIndustryMarket
7 Day1.0%1.4%-0.02%
30 Day1.1%8.6%2.7%
90 Day3.2%5.7%1.4%
1 Year-4.5%-7.5%-2.9%-5.6%3.8%1.6%
3 Year56.8%42.2%55.3%44.6%45.2%35.8%
5 Year85.3%55.1%63.9%46.1%61.8%44.1%

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 based on future cash flows and its price relative to the stock market?

2%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Glacier Bancorp's share price is below the future cash flow value, but not at a moderate discount (< 20%).

Glacier Bancorp's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Glacier Bancorp is overvalued based on earnings compared to the US Banks industry average.

Glacier Bancorp is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Glacier Bancorp is poor value based on expected growth next year.


Price Based on Value of Assets

Glacier Bancorp is overvalued based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is Glacier Bancorp expected to perform in the next 1 to 3 years based on estimates from 6 analysts?

7.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Glacier Bancorp's revenue is expected to grow by 8.3% yearly, however this is not considered high growth (20% yearly).

Glacier Bancorp's earnings are expected to grow by 7.6% yearly, however this is not considered high growth (20% yearly).

Glacier Bancorp's revenue growth is expected to exceed the United States of America market average.

Glacier Bancorp's earnings growth is positive but not above the United States of America market average.

Glacier Bancorp's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Glacier Bancorp will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Glacier Bancorp performed over the past 5 years?

10.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Glacier Bancorp's year on year earnings growth rate has been positive over the past 5 years.

Glacier Bancorp's 1-year earnings growth exceeds its 5-year average (49.2% vs 10.6%)

Glacier Bancorp's earnings growth has exceeded the US Banks industry average in the past year (49.2% vs 31.7%).


Return on Equity

Glacier Bancorp has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Glacier Bancorp used its assets more efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Glacier Bancorp improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


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

Information is not available.

Information is not available.


Financial Institutions Analysis

Glacier Bancorp has an acceptable proportion of non-loan assets held.

Glacier Bancorp has a sufficient allowance for bad loans.

Glacier Bancorp's liabilities are made up of primarily low risk sources of funding.

Glacier Bancorp's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).

Loans at Glacier Bancorp are broadly funded by customer deposits.

Glacier Bancorp has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

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

3.04%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Glacier Bancorp's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).

Glacier Bancorp's dividend is below the markets top 25% of dividend payers in United States of America (3.69%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2.2x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Glacier Bancorp's salary, the management and board of directors tenure and is there insider trading?

12.1yrs

Average management tenure


CEO

Randy Chesler (60yo)

2.7yrs

Tenure

US$1,859,189

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

Randy's remuneration is lower than average for companies of similar size in United States of America.

Randy's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

12.1yrs

Average Tenure

60yo

Average Age

The average tenure for the Glacier Bancorp management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

8.1yrs

Average Tenure

68yo

Average Age

The tenure for the Glacier Bancorp board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellUS$1,024,14606 Jun 19
David Boyles
EntityIndividual
Role
Member of the Board of Directors
Director
Shares25,399
Max PriceUS$40.36

Ownership Breakdown


Management Team

  • Marcia Johnson (60yo)

    Senior VP & Chief Operating Officer

    • Tenure: 0yrs
  • Ron Copher (61yo)

    Executive VP

    • Tenure: 12.5yrs
    • Compensation: US$875.81k
  • Randy Chesler (60yo)

    President

    • Tenure: 2.7yrs
    • Compensation: US$1.86m
  • Don Chery (56yo)

    Executive VP & Chief Administrative Officer

    • Tenure: 12.1yrs
    • Compensation: US$726.30k
  • Paul Peterson (69yo)

    Senior VP & Corporate Real Estate Manager

    • Tenure: 0yrs
  • Barry Johnston

    Senior VP & Chief Credit Officer

    • Tenure: 0yrs
  • Ryan Screnar

    Senior VP & Compliance Director

    • Tenure: 0yrs
  • Mark MacMillan

    Senior VP & Chief Information Officer

    • Tenure: 0yrs
  • Angela Dose

    Senior VP & Principal Accounting Officer

    • Tenure: 0yrs
  • David Langston

    Senior VP & Human Resources Director

    • Tenure: 0yrs

Board Members

  • Randy Chesler (60yo)

    President

    • Tenure: 2.7yrs
    • Compensation: US$1.86m
  • Dave Boyles (68yo)

    Director

    • Tenure: 1.2yrs
    • Compensation: US$32.10k
  • John Murdoch (76yo)

    Director

    • Tenure: 14yrs
    • Compensation: US$83.65k
  • Jim English (74yo)

    Independent Director

    • Tenure: 15.6yrs
    • Compensation: US$96.20k
  • Craig Langel (68yo)

    Director

    • Tenure: 13.8yrs
    • Compensation: US$76.02k
  • Douglas McBride (66yo)

    Director

    • Tenure: 13yrs
    • Compensation: US$104.03k
  • Dallas Herron (74yo)

    Chairman of the Board

    • Tenure: 6.4yrs
    • Compensation: US$99.82k
  • Sherry Cladouhos (63yo)

    Director

    • Tenure: 8.9yrs
    • Compensation: US$83.21k
  • Annie Goodwin (60yo)

    Director

    • Tenure: 7.3yrs
    • Compensation: US$76.02k
  • George Sutton (71yo)

    Director

    • Tenure: 2yrs
    • Compensation: US$75.27k

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$3.563b
  • Shares outstanding: 86.64m
  • Website: https://www.glacierbancorp.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 Analysis2019/09/18 23:35
End of Day Share Price2019/09/18 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.