Alert: New Earnings Report (10/24/24)-Glacier Bancorp Inc (NYSE: GBCI).

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Glacier Bancorp Inc (NYSE: GBCI) has reported earnings for its third fiscal quarter (ending September 30) of $0.45 versus $0.47 for the same period a year ago — a decline of -4%. For the latest four quarters through September 30, E.P.S. were $1.63 versus $2.24 for the same period a year ago — a decline of -27%.

Recent Price Action

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Glacier Bancorp Inc (NYSE: GBCI) stock increased 1.3% on 10/24/24. The shares closed at $47.73. Moreover, above average trading volume at 125% of normal accompanied the advance. The stock has declined -2.6% during the last week but has been strong relative to the market over the last nine months.

Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, GBCI is expected to continue to be a modest Value Builder.

Glacier Bancorp has a current Value Trend Rating of A (Highest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. Glacier Bancorp has a slightly positive Appreciation Score of 65 and a very high Power Rating of 88, and the Highest Value Trend Rating results.

Rating Review

In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

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