|Bid||25.22 x 800|
|Ask||45.00 x 800|
|Day's Range||35.56 - 36.97|
|52 Week Range||26.66 - 46.54|
|Beta (5Y Monthly)||1.03|
|PE Ratio (TTM)||15.88|
|Earnings Date||Oct 15, 2020 - Oct 19, 2020|
|Forward Dividend & Yield||1.16 (3.23%)|
|Ex-Dividend Date||Jul 06, 2020|
|1y Target Est||37.50|
With me here in Kalispell this morning is Ron Copher, our Chief Financial Officer; Don Chery, our Chief Administrative Officer; Angela Dose, our Chief Accounting Officer; Byron Pollan, our Treasurer; and Tom Dolan, our Chief Credit Administrator. Yesterday, we released our second quarter 2020 earnings.
Glacier Bancorp (GBCI) delivered earnings and revenue surprises of 26.92% and 8.15%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
Shares of Glacier Bancorp (NASDAQ:GBCI) were unchanged in after-market trading after the company reported Q2 results.Quarterly Results Earnings per share rose 8.20% over the past year to $0.66, which beat the estimate of $0.52.Revenue of $148,219,000 higher by 23.21% from the same period last year, which beat the estimate of $147,500,000.Outlook Earnings guidance hasn't been issued by the company for now.View more earnings on GBCIGlacier Bancorp hasn't issued any revenue guidance for the time being.Recent Stock Performance Company's 52-week high was at $46.54Company's 52-week low was at $26.66Price action over last quarter: Up 10.09%Company Description Glacier Bancorp Inc is a regional bank holding company providing commercial banking services to scores of communities through its wholly owned bank subsidiary, Glacier Bank. The bank operates a multitude of banking offices in Montana, Idaho, Colorado, Utah, Washington, and Wyoming. The bank's wide range of products and services include deposit, loans, and mortgage origination services, among others. The bank primarily serves individuals, small- to medium-sized businesses, community organizations, and public entities. Glacier's strategy emphasizes both internal growth and growth through selective acquisitions. A majority of the bank's loan portfolio is in commercial real estate, while a majority of its net revenue is net interest income.See more from Benzinga * Earnings Scheduled For July 23, 2020 * Stocks That Hit 52-Week Highs On Monday(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.