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Glacier Bancorp: 3Q Earnings Snapshot

KALISPELL, Mont. (AP) _ Glacier Bancorp Inc. (GBCI) on Thursday reported third-quarter earnings of $49.3 million.

The Kalispell, Montana-based bank said it had earnings of 58 cents per share. Earnings, adjusted for costs related to mergers and acquisitions, were 59 cents per share.

The results met Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 59 cents per share.

The bank holding company posted revenue of $155.3 million in the period. Its revenue net of interest expense was $146.2 million, beating Street forecasts. Four analysts surveyed by Zacks expected $144 million.

Glacier Bancorp shares have increased 4.5 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $41.17, a climb of 11 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GBCI at https://www.zacks.com/ap/GBCI