Glacier Bancorp (GBCI)

• Market cap: $5.8B
• 1 day: 1.95%
• 5 days: 8.45%
• 1 month: -3.40%
• 3 months: 4.17%
• 6 months: 16.08%
• Year to date: 3.08%
• 1 year: 30.09%
• 5 years: 13.23%
• 10 years: 110.40%
• Sector: Financials
• Industry: State Commercial Banks

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: 3,434

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

30% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 23

23% more capital invested

Capital invested by funds: $3.4B [Q2] → $4.18B (+$786M) [Q3]

1% more funds holding

Funds holding: 309 [Q2] → 312 (+3) [Q3]

0.5% more ownership

Funds ownership: 80.23% [Q2] → 80.73% (+0.5%) [Q3]

16% less repeat investments, than reductions

Existing positions increased: 99 | Existing positions reduced: 118

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $53 4% upside
• Avg. target: $57 11% upside
• High target: $62 21% upside

4 analyst ratings

• positive: 1 25%
• neutral: 3 75%
• negative: 0 0%

Piper Sandler Matthew Clark 83% 1-year accuracy 15 / 18 met price target	11% upside $57	Neutral Maintained	15 Jan 2025
Raymond James David Feaster 75% 1-year accuracy 15 / 20 met price target	7% upside $55	Outperform Reiterated	15 Jan 2025
Keefe, Bruyette & Woods Kelly Motta 58% 1-year accuracy 11 / 19 met price target	21% upside $62	Market Perform Maintained	4 Dec 2024
Truist Securities Brandon King 92% 1-year accuracy 49 / 53 met price target	4% upside $53	Hold Maintained	28 Oct 2024