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 wide range of products and services include deposit, loans, and mortgage origination services, among others. The bank primarily serves individuals, small- to medium-sized businesses, community organizations, and public entities. Glacier's strategy 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 Q2 SEC filings by fund managers ($100M+ AUM)
251% more call options, than puts
Call options by funds: $2M | Put options by funds: $571K
1.06% more ownership
Funds ownership: 78.11% [Q1] → 79.17% (+1.06%) [Q2]
1% less repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 107
2% less funds holding
Funds holding: 316 [Q1] → 309 (-7) [Q2]
6% less capital invested
Capital invested by funds: $3.57B [Q1] → $3.35B (-$213M) [Q2]
21% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 34
33% less funds holding in top 10
Funds holding in top 10: 3 [Q1] → 2 (-1) [Q2]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Raymond James David Feaster 81% 1-year accuracy 21 / 26 met price target | 2%downside $48 | Outperform Maintained | 2 Oct 2024 |
Truist Securities Brandon King 96% 1-year accuracy 51 / 53 met price target | 2%upside $50 | Hold Maintained | 20 Sept 2024 |
Piper Sandler Matthew Clark 71% 1-year accuracy 10 / 14 met price target | 23%downside $38 | Neutral Maintained | 27 Aug 2024 |
Piper Sandler Matthew Clark 71% 1-year accuracy 10 / 14 met price target | 23%downside $38 | Neutral Maintained | 13 Aug 2024 |
Truist Securities Brandon King 96% 1-year accuracy 51 / 53 met price target | 6%downside $46 | Hold Maintained | 22 Jul 2024 |
Financial journalist opinion
Based on 3 articles about GBCI published over the past 30 days