Glacier Bancorp, Inc. (GBCI)

Glacier Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	794.97	889.15	784.26	732.85	634.12
Revenue Growth (YoY)	-10.59%	13.37%	7.01%	15.57%	16.92%
Gross Profit	794.97	889.15	784.26	732.85	634.12
Selling, General & Admin	401.81	407.71	345.46	322.05	285.26
Other Operating Expenses	125.55	111.16	89.37	82.76	89.66
Operating Expenses	527.36	518.87	434.82	404.81	374.93
Operating Income	267.61	370.28	349.44	328.04	259.19
Pretax Income	267.61	370.28	349.44	328.04	259.19
Income Tax	44.68	67.08	64.68	61.64	48.65
Net Income	222.93	303.2	284.76	266.4	210.54
Net Income Growth	-26.48%	6.48%	6.89%	26.53%	15.76%
Shares Outstanding (Basic)	111	111	99	95	88
Shares Outstanding (Diluted)	111	111	99	95	88
Shares Change	0.06%	11.50%	4.70%	7.41%	5.63%
EPS (Basic)	2.01	2.74	2.87	2.81	2.39
EPS (Diluted)	2.01	2.74	2.86	2.81	2.38
EPS Growth	-26.64%	-4.20%	1.78%	18.07%	9.68%
Free Cash Flow	451.43	447.42	562.61	177.83	210.25
Free Cash Flow Per Share	4.07	4.04	5.67	1.87	2.38
Dividend Per Share	1.320	1.420	1.420	1.380	1.410
Dividend Growth	-7.04%	0%	2.90%	-2.13%	39.60%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	33.66%	41.64%	44.56%	44.76%	40.87%
Profit Margin	28.04%	34.10%	36.31%	36.35%	33.20%
Free Cash Flow Margin	56.79%	50.32%	71.74%	24.27%	33.16%
Effective Tax Rate	16.70%	18.12%	18.51%	18.79%	18.77%
EBITDA	304.75	406.77	381.48	358.83	286.27
EBITDA Margin	38.34%	45.75%	48.64%	48.96%	45.14%
Depreciation & Amortization	37.14	36.49	32.04	30.79	27.08
EBIT	267.61	370.28	349.44	328.04	259.19
EBIT Margin	33.66%	41.64%	44.56%	44.76%	40.87%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).