Docoh
Loading...

GBCI Glacier Bancorp

Glacier Bancorp, Inc. is a bank holding company, which engages in the provision of commercial banking services. It operates through the following segments: Residential Real Estate, Commercial, and Consumer and Other Loans. It offers retail banking, business banking, real estate, commercial, agriculture and consumer loans and mortgage origination services. The company was founded in 1990 and is headquartered in Kalispell, MT.

Company profile

Ticker
GBCI
Exchange
CEO
Randall Chesler
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
GLACIER BANCORP INC
SEC CIK
IRS number
810519541

GBCI stock data

(
)

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

3 May 21
24 Jun 21
31 Dec 21
Quarter (USD)
Mar 21 Dec 20 Sep 20 Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Dec 20 Dec 19 Dec 18 Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
15 Feb 21 Craig A Langel Common Stock Grant Aquire A No No 51.39 973 50K 64,083
15 Feb 21 David C Boyles Common Stock Grant Aquire A No No 51.39 973 50K 31,508
15 Feb 21 Cladouhos Sherry Leigh Common Stock Grant Aquire A No No 51.39 973 50K 19,737
15 Feb 21 Kristen Lee Heck Common Stock Grant Aquire A No No 51.39 973 50K 3,386
15 Feb 21 Chery Don J. Common Stock Payment of exercise Dispose F No No 0 1,244 0 38,846
15 Feb 21 Chery Don J. Common Stock Grant Aquire A No No 51.39 5,423 278.69K 40,090

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

70.9% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 297 274 +8.4%
Opened positions 42 33 +27.3%
Closed positions 19 33 -42.4%
Increased positions 83 80 +3.8%
Reduced positions 111 98 +13.3%
13F shares
Current Prev Q Change
Total value 3.88B 3.11B +24.8%
Total shares 67.75M 67.55M +0.3%
Total puts 200 3.4K -94.1%
Total calls 55.8K 66.4K -16.0%
Total put/call ratio 0.0 0.1 -93.0%
Largest owners
Shares Value Change
BLK Blackrock 12.13M $692.17M +5.2%
Vanguard 9.17M $523.5M +3.1%
STT State Street 3.8M $217.11M +9.3%
ATAC Neuberger Berman 3.74M $213.31M +21.8%
GS Goldman Sachs 2.07M $118.36M -8.5%
Dimensional Fund Advisors 1.94M $110.72M -3.6%
TROW T. Rowe Price 1.9M $108.3M -1.7%
SAMG Silvercrest Asset Management 1.87M $106.67M -20.5%
Geode Capital Management 1.62M $92.47M +8.6%
GW&K Investment Management 1.53M $87.35M +4.8%
Largest transactions
Shares Bought/sold Change
Norges Bank 0 -1.16M EXIT
Schroder Investment Management 788.16K +788.16K NEW
ATAC Neuberger Berman 3.74M +669.91K +21.8%
BLK Blackrock 12.13M +596.23K +5.2%
SAMG Silvercrest Asset Management 1.87M -481.27K -20.5%
SLFPF Standard Life Aberdeen 657.37K -376.55K -36.4%
STT State Street 3.8M +324.06K +9.3%
Eaton Vance Management 685.51K -314.8K -31.5%
Vanguard 9.17M +272.99K +3.1%
Cooke & Bieler 1.09M -211.34K -16.2%

Financial report summary

?
Risks
  • Economic conditions in the market areas the Bank serves may adversely impact its earnings and could increase the credit risk associated with its loan portfolio and the value of its investment portfolio.
  • Competition in the Bank’s market areas may limit future success.
  • We may not be able to continue to grow organically or through acquisitions.
  • Growth through future acquisitions could, in some circumstances, adversely affect profitability or other performance measures.
  • If goodwill recorded in connection with acquisitions becomes impaired, it could have an adverse impact on earnings and capital.
  • There can be no assurance we will be able to continue paying dividends on our common stock at recent levels.
  • The allowance for credit losses may not be adequate to cover actual loan losses, which could adversely affect earnings.
  • The Bank’s loan portfolio mix increases the exposure to credit risks tied to deteriorating conditions.
  • The Bank has a high concentration of loans secured by real estate, so any future deterioration in the real estate markets could require material increases in the ACL and adversely affect our financial condition and results of operations.
  • Non-performing assets could increase, which could adversely affect our results of operations and financial condition.
  • A decline in the fair value of the Bank’s investment portfolio could adversely affect earnings and capital.
  • The Bank is subject to environmental liability risk associated with our lending activities.
  • We face competition from technologies used to support and enable banking and financial services.
  • Our business is heavily dependent on the services of members of the senior management team.
  • Our business is subject to the risks of earthquakes, floods, fires, and other natural catastrophes.
  • Our future performance will depend on our ability to respond timely to technological change.
  • A failure in or breach of the Bank’s operational or security systems, or those of the Bank’s third party service providers, including as a result of cyber attacks, could disrupt business, result in the disclosure or misuse of confidential or proprietary information, damage our reputation, increase costs and cause losses.
  • We could suffer operational, reputational and financial harm if we fail to properly anticipate and manage risk.
  • We have various anti-takeover measures that could impede a takeover.
  • We are subject to heightened regulatory requirements related to our having exceeded $10 billion in assets.
  • Changes in accounting standards could materially impact our financial statements.
  • The FDIC has adopted a final rule to increase the federal Deposit Insurance Fund, including additional future premium increases and special assessments.
  • We operate in a highly regulated environment and changes or increases in, or supervisory enforcement of, banking or other laws and regulations or governmental fiscal or monetary policies could adversely affect us.
Management Discussion
  • The Company’s oversight of strategy was salient following the onset of the COVID-19 pandemic. The Company worked diligently to assess the impact of the pandemic on all facets of the Company, examining financial impacts, the ability to meet customer needs, the effect of regulatory actions to combat the pandemic on our operations, measures taken to protect the health and safety of our employees and customers and our business continuity strategy. The Company remained engaged on each of these initiatives throughout the year by receiving regular updates from management and providing input and oversight. Through continuous monitoring, the Company was able to take actions to ensure that disruptions to customers were minimal while preventing any furloughs, layoffs, or reductions in compensation for our employees.
Content analysis
?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Bad
New words: bargain, Biden, buyer, climate, consummation, conveying, depositor, discovered, disposed, Fed, furniture, hand, HTM, isolated, jointly, liable, occasional, opted, outlined, physical, possession, proceed, provision, relationship, release, released, Round, routine, runoff, seller, signaled, sizeable, speculative, standing, surrender, temporarily, unused
Removed: addressing, adjusting, amendment, approximately, beginning, bilateral, Bullhead, Care, center, certainty, charge, cleaning, closing, combining, command, comparative, comparing, consisting, contacted, conversion, Cottonwood, country, cover, daily, deductible, developed, disruption, distancing, domestic, duration, Durbin, economy, education, eliminating, elimination, evolve, exceed, exhausted, February, flexible, footprint, forma, GDP, governmental, Havasu, health, Heritage, historic, identifiable, implementation, increasing, institution, July, June, Kingman, Lake, launched, leading, legislation, located, master, merged, netting, notable, Occupancy, package, Paycheck, Phoenix, positioned, practice, preliminary, Prescott, preventative, pro, quickly, rapidly, recent, recently, recognize, replace, replaced, replenish, retrospective, safety, salary, scale, selected, September, serve, shareholder, simplify, social, solution, spending, Step, swap, travel, trillion, uncollectible, unnecessary, validation, Valley, vendor, world