GLACIER BANCORP, INC. (GBCI) financial statements: income statement, balance sheet and cash flow

GLACIER BANCORP, INC.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), GLACIER BANCORP, INC. reported net income of $239.0M (+25.7% year on year).

Income statement

GLACIER BANCORP, INC. income statement, fiscal years
Line itemDec 31, 2025 · FYDec 31, 2024 · FYDec 31, 2023 · FYDec 31, 2022 · FY
Investment securities$187.1M$195.1M$201.9M$169.0M
Residential real estate loans$111.1M$89.6M$71.3M$57.2M
Commercial loans$900.0M$766.0M$669.7M$549.0M
Consumer and other loans$97.5M$89.2M$74.7M$54.4M
Total interest income$1.3B$1.1B$1.0B$829.6M
Deposits$274.2M$272.7M$162.4M$14.5M
Securities sold under agreements to repurchase$57.2M$55.7M$36.4M$3.2M
Federal Home Loan Bank advances$62.3M$72.6M$26.9M$17.3M
FRB Bank Term Funding$0$27.1M$93.4M—
Other borrowed funds$1.9M$1.3M$1.1M$1.3M
Subordinated debentures$11.2M$5.7M$5.8M$4.9M
Total interest expense$406.8M$435.2M$326.0M$41.3M
Net Interest Income$889.0M$704.6M$691.7M$788.4M
Provision for credit losses$71.4M$28.3M$14.8M$20.0M
Net interest income after provision for credit losses$817.6M$676.3M$676.9M$768.4M
Service charges and other fees$85.1M$78.9M$75.2M$72.1M
Miscellaneous loan fees and charges$20.4M$18.7M$16.9M$15.3M
Gain on sale of loans$18.2M$16.9M$12.2M$20.0M
Gain on sale of securities$0$30.0K$1.5M—
Other income$17.7M$14.0M$12.3M$12.6M
Total non-interest income$141.4M$128.4M$118.1M$120.7M
Compensation and employee benefits$393.3M$336.9M$309.0M$319.3M
Occupancy and equipment$55.6M$47.1M$43.6M$43.3M
Advertising and promotions$17.8M$16.1M$15.4M$14.3M
Data processing$42.7M$36.9M$33.8M$30.8M
Other real estate owned and foreclosed assets$292.0K$217.0K$119.0K$77.0K
Regulatory assessments and insurance$22.7M$24.2M$28.7M$12.9M
Amortization of core deposit and other intangibles$15.9M$12.8M$9.7M$10.7M
Other expenses$120.5M$104.3M$87.0M$87.5M
Total non-interest expense$668.8M$578.5M$527.4M$518.9M
Income Before Income Taxes$290.2M$226.3M$267.6M$370.3M
Federal and state income tax expense$51.2M$36.2M$44.7M$67.1M
Net Income$239.0M$190.1M$222.9M$303.2M
Basic earnings per share (in dollars per share)$2.00$1.68$2.01$2.74
Diluted earnings per share (in dollars per share)$1.99$1.68$2.01$2.74
Dividends declared per share (in dollars per share)$1.32$1.32$1.32$1.32
Average outstanding shares - basic (in shares)119.8M113.2M110.9M110.8M
Average outstanding shares - diluted (in shares)119.9M113.2M110.9M110.8M
GLACIER BANCORP, INC. income statement, quarters
Line itemJun 30, 2026 · Q2Mar 31, 2026 · Q1Sep 30, 2025 · Q3Jun 30, 2025 · Q2
Investment securities$42.9M$45.1M$45.3M$44.1M
Residential real estate loans$30.1M$33.7M$26.3M$25.4M
Commercial loans$266.1M$258.6M$228.4M$214.8M
Consumer and other loans$26.1M$24.9M$25.0M$23.8M
Total interest income$365.2M$362.3M$325.0M$308.1M
Deposits$72.0M$72.3M$67.3M$65.6M
Securities sold under agreements to repurchase$13.2M$13.6M$14.7M$14.1M
Federal Home Loan Bank advances$0$4.2M$14.3M$17.8M
Other borrowed funds$455.0K$443.0K$385.0K$400.0K
Subordinated debentures$3.1M$3.1M$2.9M$2.6M
Total interest expense$88.8M$93.7M$99.6M$100.5M
Net Interest Income$276.4M$268.7M$225.4M$207.6M
Provision for credit losses$6.4M$6.1M$7.7M$20.3M
Net interest income after provision for credit losses$270.1M$262.6M$217.7M$187.3M
Deposit service charges and other fees$16.4M$15.3M$21.5M$20.4M
Payment services$12.0M$11.4M——
Miscellaneous loan fees and charges$2.6M$2.3M$5.1M$5.1M
Gain on sale of loans$5.0M$5.1M$5.0M$4.3M
Gain (loss) on sale of securities$0$0$0$0
Other income$5.2M$4.1M$3.7M$3.2M
Total non-interest income$41.1M$38.1M$35.4M$32.9M
Compensation and employee benefits$116.3M$115.8M$96.5M$94.4M
Occupancy and equipment$15.7M$15.7M$13.2M$12.6M
Advertising and promotions$5.1M$5.3M$4.6M$4.4M
Data processing$12.4M$13.3M$10.6M$9.9M
Other real estate owned and foreclosed assets$83.0K$206.0K$63.0K$26.0K
Regulatory assessments and insurance$5.5M$6.4M$5.8M$5.8M
Intangibles amortization$4.8M$4.8M$3.8M$3.6M
Other expenses$26.9M$39.1M$33.1M$24.4M
Total non-interest expense$186.7M$200.5M$167.8M$155.1M
Income Before Income Taxes$124.5M$100.2M$85.3M$65.2M
Federal and state income tax expense$26.6M$18.0M$17.4M$12.4M
Net Income$97.9M$82.1M$67.9M$52.8M
Basic earnings per share (in dollars per share)$0.75$0.63$0.57$0.45
Diluted earnings per share (in dollars per share)$0.75$0.63$0.57$0.45
Dividends declared per share (in dollars per share)$0.33$0.33$0.33$0.33
Average outstanding shares - basic (in shares)130.2M130.1M118.6M116.9M
Average outstanding shares - diluted (in shares)130.3M130.2M118.6M116.9M

Balance sheet

GLACIER BANCORP, INC. balance sheet, fiscal years
Line itemDec 31, 2025 · FYDec 31, 2024 · FYDec 31, 2023 · FYDec 31, 2022 · FY
Cash on hand and in banks$321.5M$268.7M$246.5M$300.2M
Interest bearing cash deposits$913.7M$579.7M$1.1B$101.8M
Cash and cash equivalents$1.2B$848.4M$1.4B$402.0M
Debt securities, available-for-sale$4.0B$4.2B$4.8B$5.3B
Debt securities, held-to-maturity$3.1B$3.3B$3.5B$3.7B
Total debt securities$7.1B$7.5B$8.3B$9.0B
Loans held for sale, at fair value$39.2M$33.1M$15.7M$12.3M
Loans receivable$20.9B$17.3B$16.2B$15.2B
Allowance for credit losses($255.3M)($206.0M)($192.8M)($182.3M)
Loans receivable, net$20.7B$17.1B$16.0B$15.1B
Premises and equipment, net$486.2M$468.2M$421.8M$398.1M
Right-of-use assets, net$75.6M———
Other real estate owned and foreclosed assets$411.0K$1.2M$1.5M$32.0K
Accrued interest receivable$120.1M$99.3M$94.5M$83.5M
Deferred tax asset, net$101.3M$139.0M$159.1M$193.2M
Intangibles, net$105.3M$51.2M$31.9M$41.6M
Goodwill$1.4B$1.1B$985.4M$985.4M
Federal Home Loan Bank stock, at cost$42.8M$99.7M$12.8M—
Bank-owned life insurance$235.1M$189.8M$171.1M$169.1M
Other assets$368.4M$326.0M$201.1M$181.2M
Total assets$32.0B$27.9B$27.7B$26.6B
Non-interest bearing deposits$7.3B$6.1B$6.0B$7.7B
Interest bearing deposits$17.3B$14.4B$13.9B$12.9B
Securities sold under agreements to repurchase$2.1B$1.8B$1.5B$945.9M
Federal Home Loan Bank advances$440.0M$1.8B$0$1.8B
Other borrowed funds$51.5M$83.3M$81.7M$77.3M
Finance lease liabilities$28.8M———
Subordinated debentures$187.5M$133.1M$132.9M$132.8M
Accrued interest payable$32.8M$33.6M$125.9M$4.3M
Operating lease liabilities$52.9M———
Other liabilities$295.6M$304.6M$225.8M$225.2M
Total liabilities$27.8B$24.7B$24.7B$23.8B
Commitments and Contingent Liabilities$0$0$0$0
Preferred shares, $0.01 par value per share, 1,000,000 shares authorized, none issued or outstanding$0.00$0.00$0.00$0.00
Common stock, $0.01 par value per share, 234,000,000 shares authorized$1300000.00$1134000.00$1109000.00$1108000.00
Paid-in capital$3.2B$2.4B$2.4B$2.3B
Retained earnings - substantially restricted$1.2B$1.1B$1.0B$967.0M
Accumulated other comprehensive loss($167.1M)($309.3M)($374.1M)($468.8M)
Total stockholders’ equity$4.2B$3.2B$3.0B$2.8B
Total liabilities and stockholders’ equity$32.0B$27.9B$27.7B$26.6B
Number of common stock shares issued (in shares)130.0M113.4M110.9M—
Number of common stock shares outstanding (in shares)130.0M113.4M110.9M110.8M
GLACIER BANCORP, INC. balance sheet, quarters
Line itemJun 30, 2026Mar 31, 2026Sep 30, 2025Jun 30, 2025
Cash on hand and in banks$353.7M$350.8M$312.5M$375.4M
Interest bearing cash deposits$702.9M$1.0B$541.7M$540.1M
Cash and cash equivalents$1.1B$1.4B$854.2M$915.5M
Debt securities, available-for-sale$3.5B$3.6B$3.9B$4.0B
Debt securities, held-to-maturity$3.0B$3.1B$3.2B$3.2B
Total debt securities$6.5B$6.6B$7.1B$7.2B
Loans held for sale, at fair value$45.1M$41.7M$42.7M$47.7M
Loans receivable$21.4B$21.0B$18.8B$18.5B
Allowance for credit losses($260.0M)($255.8M)($229.1M)($226.8M)
Loans receivable, net$21.1B$20.8B$18.6B$18.3B
Premises and equipment, net$493.5M$492.0M$427.3M$426.8M
Right-of-use assets, net$76.4M$76.3M$54.5M$56.5M
Other real estate owned and foreclosed assets$1.5M$1.6M$1.4M$1.9M
Accrued interest receivable$120.3M$122.8M$120.3M$108.3M
Deferred tax asset, net$102.9M$103.9M$99.7M$114.5M
Intangibles, net$95.7M$100.5M$61.1M$64.9M
Goodwill$1.4B$1.4B$1.1B$1.1B
Federal Home Loan Bank stock, at cost$21.2M$21.5M$61.4M$77.0M
Bank-owned life insurance$236.0M$236.5M$192.0M$191.6M
Other assets$380.2M$351.6M$345.7M$341.7M
Total assets$31.6B$31.7B$29.0B$29.0B
Non-interest bearing deposits$7.4B$7.4B$6.7B$6.6B
Interest bearing deposits$17.2B$17.3B$15.2B$15.0B
Securities sold under agreements to repurchase$2.0B$2.1B$2.0B$2.0B
Federal Home Loan Bank advances$0$0$895.0M$1.3B
Other borrowed funds$52.9M$51.6M$59.8M$62.4M
Finance lease liabilities$31.6M$31.2M$18.4M$19.4M
Subordinated debentures$188.6M$188.0M$157.4M$157.1M
Accrued interest payable$29.5M$30.5M$27.7M$28.0M
Operating lease liabilities$51.3M$51.5M$41.4M$42.3M
Other liabilities$325.4M$305.3M$332.4M$303.8M
Total liabilities$27.3B$27.5B$25.4B$25.5B
Commitments and Contingent Liabilities$0$0$0$0
Preferred shares, $0.01 par value per share, 1,000,000 shares authorized, none issued or outstanding$0.00$0.00$0.00$0.00
Common stock, $0.01 par value per share, 234,000,000 shares authorized at June 30, 2026 and December 31, 2025, respectively$1302000.00$1301000.00$1186000.00$1186000.00
Paid-in capital$3.2B$3.2B$2.7B$2.7B
Retained earnings$1.3B$1.2B$1.1B$1.1B
Accumulated other comprehensive loss($171.3M)($176.0M)($192.9M)($238.7M)
Total stockholders’ equity$4.3B$4.2B$3.6B$3.5B
Total liabilities and stockholders’ equity$31.6B$31.7B$29.0B$29.0B
Number of common stock shares issued (in shares)130.2M130.1M118.6M118.6M
Number of common stock shares outstanding (in shares)130.2M130.1M118.6M118.6M

Cash flow statement

GLACIER BANCORP, INC. cash flow statement, fiscal years
Line itemDec 31, 2025 · FYDec 31, 2024 · FYDec 31, 2023 · FYDec 31, 2022 · FY
Net income$239.0M$190.1M$222.9M$303.2M
Provision for credit losses$71.4M$28.3M$14.8M$20.0M
Net amortization of debt securities$9.9M$13.2M$15.5M$29.6M
Net amortization of purchase accounting adjustments and deferred loan fees and costs($8.0M)($6.0M)($5.3M)$2.8M
Origination of loans held for sale($780.0M)($665.2M)($435.6M)($743.2M)
Proceeds from loans held for sale$792.0M$738.1M$549.8M$844.9M
Gain on sale of loans($18.2M)($16.9M)($12.2M)($20.0M)
Gain on sale of securities$0($30.0K)($1.5M)($620.0K)
Bank-owned life insurance income, net($5.0M)($4.5M)($3.8M)($3.6M)
Stock-based compensation, net of tax benefits$6.3M$5.7M$5.9M$5.4M
Depreciation and amortization$33.0M$28.9M$27.4M$25.8M
Loss (gain) on dispositions of premises and equipment$224.0K($5.1M)——
Loss (gain) on sale and write-downs of other real estate owned, net$157.0K($1.1M)($321.0K)($121.0K)
Deferred tax (benefit) expense($4.1M)$2.6M$507.0K$2.2M
Amortization of core deposit and other intangibles$15.9M$12.8M$9.7M$10.7M
Amortization of investments in variable interest entities$28.0M$24.1M$20.5M$16.6M
Net (increase) decrease in accrued interest receivable($3.7M)$877.0K($11.0M)($6.9M)
Net (increase) decrease in other assets($10.2M)$8.9M($9.8M)($25.8M)
Net (decrease) increase in accrued interest payable($6.8M)($93.7M)$121.6M$1.9M
Net decrease in operating lease liabilities($5.8M)———
Net increase (decrease) in other liabilities$20.0M($3.0M)($8.3M)$7.8M
Net cash provided by operating activities$374.4M$258.0M$500.7M$470.7M
Sales of debt securities, available-for-sale$318.1M$237.5M$30.0M$326.3M
Maturities, prepayments and calls of available-for-sale debt securities$2.0B$609.1M$621.9M$1.1B
Purchases of available-for-sale debt securities($1.1B)($50.1M)$0($471.6M)
Maturities, prepayments and calls of held-to-maturity debt securities$198.5M$204.6M$209.9M$211.7M
Purchases of held-to-maturity debt securities($13.7M)$0$0($523.1M)
Termination of interest rate swaps$0($19.8M)——
Net change in loans($494.8M)———
Proceeds from sale of premises and equipment$5.3M$14.4M——
Net additions to premises and equipment($26.8M)($48.3M)($49.3M)($23.2M)
Proceeds from sale of other real estate owned$3.0M$2.3M$391.0K$1.0M
Proceeds from redemption of equity securities$67.9M$149.9M$630.6M$366.5M
Purchases of equity securities($1.7M)($233.3M)($559.6M)($438.4M)
Proceeds from bank-owned life insurance$3.4M$417.0K$1.8M$2.2M
Investments in variable interest entities($50.5M)($49.6M)($25.7M)($41.0M)
Net cash received from acquisitions$205.0M$107.7M$0$0
Net cash provided by (used in) investing activities$1.1B$493.1M($207.5M)($1.4B)
Net increase (decrease) in deposits$259.2M($394.6M)($676.7M)($729.7M)
Net increase in securities sold under agreements to repurchase$285.7M$286.3M$540.9M($74.9M)
Net decrease in short-term Federal Home Loan Bank advances($48.0M)($58.5M)($1.8B)$1.8B
Proceeds from short-term Federal Reserve Bank Term Funding$0$0$2.7B—
Repayments of short-term Federal Reserve Bank Term Funding$0($2.7B)——
Proceeds from long-term Federal Home Loan Bank advances$0$1.8B—$0
Repayments of long-term Federal Home Loan Bank advances($1.4B)——$0
GLACIER BANCORP, INC. cash flow statement, quarters
Line itemJun 30, 2026 · YTDMar 31, 2026 · Q1Sep 30, 2025 · YTDJun 30, 2025 · YTD
Net income$180.0M$82.1M$175.2M$107.3M
Provision for credit losses$12.4M$6.1M$35.7M$28.1M
Net amortization of debt securities$3.9M$2.0M$8.3M$5.8M
Net amortization of purchase accounting adjustments and deferred loan fees and costs($7.2M)($5.7M)($3.6M)($2.2M)
Origination of loans held for sale($421.8M)($194.7M)($541.8M)($350.0M)
Proceeds from loans held for sale$425.9M$197.3M$545.8M$343.9M
Gain on sale of loans($10.1M)($5.1M)($13.6M)($8.6M)
Bank-owned life insurance income, net($3.8M)($2.3M)($3.5M)($2.3M)
Stock-based compensation, net of tax benefits$6.9M$4.5M$5.0M$3.8M
Depreciation and amortization$18.9M$9.1M$23.2M$15.3M
Gain on dispositions of premises and equipment($2.2M)$445.0K($1.7M)($2.6M)
(Gain) loss on sale and write-downs of other real estate owned, net($70.0K)($17.0K)$62.0K$32.0K
Amortization of core deposit and other intangibles$9.6M$4.8M$10.7M$6.9M
Amortization of investments in variable interest entities$17.0M$9.7M$21.5M$15.0M
Net increase in accrued interest receivable($162.0K)($2.7M)($14.6M)($2.6M)
Net increase in other assets($3.1M)$2.4M($4.7M)($8.1M)
Net decrease in accrued interest payable($3.2M)($2.3M)($7.8M)($7.5M)
Net decrease in operating lease liabilities($4.7M)($1.9M)($3.2M)($2.1M)
Net decrease in other liabilities($9.8M)($15.9M)$19.9M($1.6M)
Net cash provided by operating activities$208.6M$87.9M$250.9M$138.5M
Sales of debt securities, available-for-sale$0—$120.2M$120.2M
Maturities, prepayments and calls of available-for-sale debt securities$2.8B$1.4B$527.9M$359.6M
Purchases of available-for-sale debt securities($2.2B)($999.9M)($28.2M)($28.2M)
Maturities, prepayments and calls of held-to-maturity debt securities$105.6M$51.6M$152.7M$102.4M
Purchases of held-to-maturity debt securities$0$0($13.7M)($13.7M)
Net increase in loans($438.4M)($104.0M)($458.6M)($198.4M)
Proceeds from sale of premises and equipment$6.2M$1.5M$5.1M$4.5M
Net additions to premises and equipment($22.6M)($13.5M)($19.8M)($12.2M)
Proceeds from sale of other real estate owned$930.0K$192.0K$1.6M$649.0K
Proceeds from redemption of equity securities$22.2M$21.6M$46.8M$30.5M
Purchases of equity securities($711.0K)($365.0K)($5.4M)($4.7M)
Proceeds from bank-owned life insurance$3.1M$987.0K$1.4M$590.0K
Investments in variable interest entities($23.9M)($11.8M)($36.2M)($25.8M)
Net cash received from acquisitions$0—$26.1M$26.1M
Net cash provided by investing activities$164.7M$352.1M$320.0M$361.5M
Net increase in deposits$62.8M$150.7M$245.9M$3.4M
Net (decrease) increase in securities sold under agreements to repurchase($131.6M)$1.5M$226.8M$198.8M
Net decrease in short-term Federal Home Loan Bank advances$0—($13.0M)($13.0M)
Repayments of long-term Federal Home Loan Bank advances($440.0M)($440.0M)($940.0M)($580.0M)
Net increase in other borrowed funds$1.4M$90.0K($2.3M)$304.0K
Principal payments on finance lease liabilities($2.5M)($1.1M)($3.0M)($2.0M)
Cash dividends paid($43.3M)($337.0K)($77.0M)($37.8M)
Tax withholding payments for stock-based compensation($2.3M)($2.2M)($2.5M)($2.5M)
Proceeds from stock option exercises$3.5M$1.4M——
Net cash used in financing activities($551.9M)($290.0M)($565.0M)($432.9M)

GLACIER BANCORP, INC. score and earnings-call analysis · All covered companies

Figures as reported in SEC filings. General information, not investment advice.