Glacier Bancorp, Inc. (GBCI)

Glacier Bancorp Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	914.32	815.73	660.61	558.98	527.45	460.67
Interest Income on Investments	201.99	201.93	169.04	122.1	99.62	85.5
Total Interest Income	1,116	1,018	829.64	681.07	627.06	546.18
Interest Paid on Deposits	269.14	162.43	14.53	12.14	17.62	23.28
Interest Paid on Borrowings	167.53	163.55	26.74	6.42	9.7	19.49
Total Interest Expense	436.67	325.97	41.26	18.56	27.32	42.77
Net Interest Income	679.65	691.68	788.38	662.52	599.75	503.4
Net Interest Income Growth (YoY)	-6.81%	-12.27%	19.00%	10.47%	19.14%	16.13%
Gain (Loss) on Sale of Assets	2.99	-0.16	3.05	0.95	-0.17	-0.69
Gain (Loss) on Sale of Investments	-5.54	-5.82	-6.61	-6.96	-3.75	10.07
Other Non-Interest Income	110.86	104.37	100.08	82.4	72.28	82.3
Total Non-Interest Income	123.47	110.59	116.55	139.45	167.81	125.75
Non-Interest Income Growth (YoY)	11.70%	-5.12%	-16.42%	-16.90%	33.45%	9.15%
Revenues Before Loan Losses	803.12	802.27	904.93	801.96	767.56	629.15
Provision for Loan Losses	22.79	14.8	19.96	23.08	39.77	0.06
Revenue	780.33	787.47	884.97	778.89	727.79	629.09
Revenue Growth (YoY)	-5.06%	-11.02%	13.62%	7.02%	15.69%	16.78%
Salaries and Employee Benefits	318.83	301.15	312.55	265.3	248.56	213.54
Occupancy Expenses	38.71	35.75	35.62	39.39	37.67	34.5
Federal Deposit Insurance	30.74	28.71	12.9	8.25	4.66	3.77
Amortization of Goodwill & Intangibles	11.57	9.73	10.66	10.27	10.37	8.49
Selling, General & Administrative	73.22	70.54	65.44	46.01	40.47	41.68
Other Non-Interest Expense	82.2	72.57	67.49	50.16	49.29	58.33
Total Non-Interest Expense	555.53	518.57	504.73	419.62	391.94	361.4
EBT Excluding Unusual Items	224.81	268.91	380.24	359.27	335.85	267.7
Pretax Income	214.92	267.61	370.28	349.44	328.04	259.19
Income Tax Expense	32.22	44.68	67.08	64.68	61.64	48.65
Net Income	182.71	222.93	303.2	284.76	266.4	210.54
Net Income to Common	182.71	222.93	303.2	284.76	266.4	210.54
Net Income Growth	-26.41%	-26.48%	6.48%	6.89%	26.53%	15.76%
Basic Shares Outstanding	113	111	111	99	95	88
Diluted Shares Outstanding	113	111	111	99	95	88
Shares Change (YoY)	1.53%	0.06%	11.50%	4.70%	7.41%	5.63%
EPS (Basic)	1.62	2.01	2.74	2.87	2.81	2.39
EPS (Diluted)	1.62	2.01	2.74	2.86	2.81	2.38
EPS Growth	-27.75%	-26.58%	-4.28%	1.86%	17.97%	9.68%
Dividend Per Share	1.320	1.320	1.320	1.270	1.180	1.110
Dividend Growth	0%	0%	3.94%	7.63%	6.31%	9.90%
Effective Tax Rate	14.99%	16.70%	18.12%	18.51%	18.79%	18.77%

Source: S&P Capital IQ. Banks template. Financial Sources.