Analysts predict Glacier Bancorp will see earnings of $0.53 per share, up 8.2% year-over-year
On the revenue side, they’re looking at around $221.85 million, marking a 12.4% increase compared to the same quarter last year. That’s a nice little boost!
Interestingly, the earnings estimates have been tweaked a bit. Over the last month, analysts have upped their projections by about 0.6%. It’s always good to see those numbers moving in the right direction.
Before earnings drop, it’s smart to keep an eye on these revisions. They can really hint at how investors might react. Research shows there’s a strong link between these revisions and how a stock performs in the short term.
While most folks look at the consensus earnings and revenue estimates, digging deeper into specific metrics can give a clearer picture of how the company is doing.
For Glacier Bancorp, analysts are keeping tabs on a few key metrics. They expect the ‘Efficiency Ratio’ to hit 63.8%, down from 65.2% last year.
As for ‘Non-accrual loans,’ they’re predicting it’ll reach $21.12 million, slightly up from $20.82 million last year.
The ‘Total non-performing assets’ estimate stands at $28.18 million, compared to $25.63 million a year ago.
When it comes to ‘Average Balances – Total earning assets,’ they’re looking at $25.93 billion, down from $26.37 billion last year.
For ‘Total Non-Interest Income,’ the forecast is $34.64 million, up from $30.87 million last year.
And they expect ‘Net Interest Income’ to come in at $187.37 million, a nice jump from $166.46 million last year.
Lastly, the consensus for ‘Net interest income (tax-equivalent)’ is $191.90 million, compared to $170.07 million last year.
Over the past month, Glacier Bancorp shares have seen a 1.3% increase, while the S&P 500 dipped by 2.1%. With a Zacks Rank of #3 (Hold), it looks like GBCI will follow the market trend in the near future.
If you’re curious about more top stocks, Zacks has a list of their top picks for 2025. They’ve had some impressive gains over the years, so it might be worth checking out!
