Glacier Bancorp Reports 33% Increase in Net Income

By Philip Seaworth • Friday, October 17 10:39 • Permanent Link

Glacier Bancorp, Inc. has reported strong financial results for the third quarter of 2025. The company's net income for the current quarter was $67.9 million, representing a significant increase of $15.1 million, or 29 percent, from the previous quarter and a $16.8 million, or 33 percent, increase from the prior year third quarter net income of $51.1 million.

Diluted earnings per share for the current quarter also saw a notable increase, reaching $0.57 per share, up by $0.12 per share, or 27 percent, from the previous quarter and the prior year third quarter diluted earnings per share of $0.45 per share.

Net interest income for the quarter increased to $225 million, marking a $17.8 million, or 9 percent, increase from the prior quarter net interest income of $208 million and a $45.1 million, or 25 percent, increase from the prior year third quarter net interest income of $180 million.

The loan portfolio of $18.791 billion at September 30, 2025, saw an increase of $258 million, or 6 percent annualized, from the prior quarter. Total deposits also experienced growth, reaching $21.871 billion at September 30, 2025, reflecting a $242 million, or 4 percent annualized, increase from the prior quarter.

Non-interest bearing deposits increased by $80.7 million, or 5 percent annualized, from the prior quarter, while the net interest margin as a percentage of earning assets also showed improvement, increasing by 18 basis points from the prior quarter and 56 basis points from the prior year third quarter.

The company declared a quarterly dividend of $0.33 per share and has declared 162 consecutive quarterly dividends, increasing the dividend 49 times.

Additionally, Glacier Bancorp, Inc. completed the acquisition of Guaranty Bancshares, Inc., expanding its presence in the southwest and marking its first entrance into the state of Texas. Guaranty had total assets of $3.111 billion as of September 30, 2025.

For the first nine months of 2025, the company reported a net income of $175 million, reflecting a 36 percent increase from the prior year first nine months net income of $128 million. Diluted earnings per share for the first nine months of 2025 was $1.51 per share, up by 34 percent from the prior year first nine months diluted earnings per share of $1.13 per share.

Following these announcements, the company's shares moved -6.18%, and are now trading at a price of $45.05. If you want to know more, read the company's complete 8-K report here.

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