Glacier BancorpGBCI
About: Glacier Bancorp Inc is a regional bank holding company providing commercial banking services to scores of communities through its wholly-owned bank subsidiary, Glacier Bank. The bank operates a multitude of banking offices in Montana, Idaho, Colorado, Utah, Washington, and Wyoming. The bank's various products and services include deposit, loans, and mortgage origination services, among others. The bank predominantly serves individuals, small- to medium-sized businesses, community organizations, and public entities. Glacier emphasizes both internal growth and growth through selective acquisitions. A majority of the bank's loan portfolio is in commercial real estate, while a majority of its net revenue is net interest income.
Employees: 3,399
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
400% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 10 (+8) [Q3]
215% more call options, than puts
Call options by funds: $2.29M | Put options by funds: $726K
23% more capital invested
Capital invested by funds: $3.38B [Q2] → $4.16B (+$780M) [Q3]
4% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 28
0.45% more ownership
Funds ownership: 79.87% [Q2] → 80.32% (+0.45%) [Q3]
0% more funds holding
Funds holding: 309 [Q2] → 310 (+1) [Q3]
15% less repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 117
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Piper Sandler Matthew Clark 100% 1-year accuracy 11 / 11 met price target | 19%downside $45 | Neutral Maintained | 28 Oct 2024 |
Truist Securities Brandon King 98% 1-year accuracy 55 / 56 met price target | 5%downside $53 | Hold Maintained | 28 Oct 2024 |
Raymond James David Feaster 100% 1-year accuracy 22 / 22 met price target | 14%downside $48 | Outperform Maintained | 2 Oct 2024 |
Truist Securities Brandon King 98% 1-year accuracy 55 / 56 met price target | 10%downside $50 | Hold Maintained | 20 Sept 2024 |
Piper Sandler Matthew Clark 100% 1-year accuracy 11 / 11 met price target | 32%downside $38 | Neutral Maintained | 27 Aug 2024 |
Financial journalist opinion
Based on 7 articles about GBCI published over the past 30 days