Glacier Bancorp (GBCI)

NYSEFinancialsBanks - RegionalSnapshot 2026-10-23

$47.81+3.96%

Close 2026-10-23 · 1-day change

Investment OutlookAs of Oct 24, 2026

What could strengthen or challenge Glacier Bancorp’s outlook?

The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.

Higher potential upsideImproving expectations

Next-FY EPS estimate change · 30 days

-0.6%

+10% or more+5%0%−5%−10% or less

3.59 → 3.57 EPS · FY ending Dec 31, 2027 · 5 analysts

Higher risk of downsideWeakening expectations

One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.

How this is measured

Change in the same fiscal period’s mean EPS estimate from Sep 24, 2026 to Oct 24, 2026: (new ÷ prior − 1). Contributor count changed from 5 to 5; this is not the number of analysts revising. Source: FMP consensus snapshots. The ±10% axis is a display range.

Measure / period	Management expectations	Analyst expectations
Quarter ending 2026-12-30
Revenue	—	339.75M
EPS	—	0.855
Quarter ending 2027-03-31
Revenue	—	337.31M
EPS	—	0.83
Annual ending 2026-12-31
Revenue	—	1.3B
EPS	—	3.048
Annual ending 2027-12-31
Revenue	—	1.41B
EPS	—	3.568

Management figures unavailable.

What the Thesis Depends On

4 published thesis conditions, with dated milestones shown separately.

Key Factor	Why It Matters	Current Status	Break Condition	Latest Evidence
Maintain consistent dividend payout	A supporting condition in Glacier Bancorp's published investment case. The stated target is quarterly dividend >= $0.33 per share next 4 quarters.	Intact	dividend per share falls below $0.33 next 4 quarters	Dividend per share: $0.33 per share FY2026-Q2; GAAP. Published target: quarterly dividend >= $0.33 per share next 4 quarters. Target period is not explicitly aligned with this observation. Source published Aug 4, 20260.33 USD/share · source valueSource reportLast status assessment Oct 24, 2026 Measurement source consolidated · GAAP FY2026-Q2 · Period ending Jun 30, 2026 Source: company_financial_results. Reference: be3ed81d-19ac-4186-a664-7058acf0a4f9. Source status: eligible. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.
Net income growth to support earnings power	Glacier Bancorp grows net income steadily, with a 29% rise to $82.1 million in Q1 2026.	Under Pressure	net income growth falls below 10% YoY next 4 quarters	Net income: $97.862M FY2026-Q2; GAAP. Published target: >=29% YoY net income growth next 4 quarters. Target and observation units differ. Source published Aug 4, 202697,862,000 USD · source valueSource reportLast status assessment Oct 24, 2026 Measurement source consolidated · GAAP FY2026-Q2 · Period ending Jun 30, 2026 Source: company_financial_results. Reference: be3ed81d-19ac-4186-a664-7058acf0a4f9. Source status: eligible. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.
Operating income improvement	Operating income improved to $100.2 million, showing strong execution.	Under Pressure	operating income falls below $90 million next quarter	Operating income: $83.373M FY2026-Q2; GAAP. Published target: operating income >= $100 million next quarter. Target period is not explicitly aligned with this observation. Source published Aug 4, 202683,373,000 USD · source valueSource reportLast status assessment Oct 24, 2026 Measurement source consolidated · GAAP FY2026-Q2 · Period ending Jun 30, 2026 Source: stock_quarterly_financials_fmp. Reference: 2026-Q2. Source status: unverified. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.
Sustain revenue growth	A primary condition in Glacier Bancorp's published investment case. The stated target is >=7% YoY revenue growth next 4 quarters.	Intact	revenue growth falls below 7% YoY next 4 quarters	Revenue growth: 18.53% FY2026-Q2; GAAP. Published target: >=7% YoY revenue growth next 4 quarters. Target period is not explicitly aligned with this observation. Source published Aug 4, 202618.533664 percent · calculatedSource reportLast status assessment Oct 24, 2026 Measurement source consolidated · GAAP FY2026-Q2 · Period ending Jun 30, 2026 Source: company_financial_results. Reference: be3ed81d-19ac-4186-a664-7058acf0a4f9. Source status: eligible. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.

Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.

Incoming Evidence

Compare these dated observations with the operating requirements above

Expectations trend

Same fiscal period

FY2027 · fiscal year ending 2027-12-31 · fmp

FY2027 EPS$3.57

$3.65 → $3.57 · observed estimates

FY2027 revenue: comparable history unavailable.

Exact estimates & source dates

One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.

FY2027 estimate observations · fmp
Snapshot	EPS	Revenue	EPS / revenue analysts
2026-07-24	$3.65	Unavailable	6 / 4
2026-07-25	$3.65	Unavailable	6 / 4
2026-07-26	$3.65	Unavailable	6 / 4
2026-07-27	$3.63	Unavailable	5 / 3
2026-07-28	$3.63	Unavailable	6 / 4
2026-07-29	$3.63	Unavailable	5 / 3
2026-07-30	$3.60	Unavailable	6 / 4
2026-07-31	$3.60	Unavailable	6 / 4
2026-08-01	$3.60	Unavailable	5 / 3
2026-08-02	$3.60	Unavailable	5 / 3
2026-08-03	$3.60	Unavailable	6 / 4
2026-08-04	$3.60	Unavailable	6 / 4
2026-08-05	$3.60	Unavailable	5 / 3
2026-08-06	$3.60	Unavailable	6 / 4
2026-08-07	$3.60	Unavailable	5 / 3
2026-08-08	$3.60	Unavailable	6 / 4
2026-08-09	$3.60	Unavailable	6 / 4
2026-08-10	$3.60	Unavailable	6 / 4
2026-08-12	$3.60	Unavailable	6 / 4
2026-08-13	$3.60	Unavailable	6 / 4
2026-08-14	$3.60	Unavailable	5 / 3
2026-08-15	$3.60	Unavailable	5 / 3
2026-08-16	$3.60	Unavailable	5 / 3
2026-08-17	$3.60	Unavailable	5 / 3
2026-08-18	$3.60	Unavailable	5 / 3
2026-08-19	$3.60	Unavailable	5 / 3
2026-08-20	$3.60	Unavailable	5 / 3
2026-08-21	$3.60	Unavailable	5 / 3
2026-08-22	$3.60	Unavailable	5 / 3
2026-08-23	$3.60	Unavailable	5 / 3
2026-08-24	$3.60	Unavailable	5 / 3
2026-08-25	$3.60	Unavailable	5 / 3
2026-08-26	$3.60	Unavailable	5 / 3
2026-08-27	$3.60	Unavailable	5 / 3
2026-08-28	$3.60	Unavailable	5 / 3
2026-08-29	$3.60	Unavailable	5 / 3
2026-08-30	$3.60	Unavailable	5 / 3
2026-08-31	$3.60	Unavailable	5 / 3
2026-09-01	$3.60	Unavailable	5 / 3
2026-09-02	$3.60	Unavailable	5 / 3
2026-09-03	$3.60	Unavailable	5 / 3
2026-09-04	$3.60	Unavailable	5 / 3
2026-09-05	$3.60	Unavailable	5 / 3
2026-09-06	$3.60	Unavailable	5 / 3
2026-09-07	$3.60	Unavailable	5 / 3
2026-09-08	$3.60	Unavailable	5 / 3
2026-09-09	$3.60	Unavailable	5 / 3
2026-09-10	$3.60	Unavailable	5 / 3
2026-09-11	$3.60	Unavailable	5 / 3
2026-09-12	$3.60	Unavailable	5 / 3
2026-09-13	$3.60	Unavailable	5 / 3
2026-09-14	$3.60	Unavailable	5 / 3
2026-09-15	$3.60	Unavailable	5 / 3
2026-09-16	$3.60	Unavailable	5 / 3
2026-09-17	$3.60	Unavailable	5 / 3
2026-09-18	$3.60	Unavailable	5 / 3
2026-09-19	$3.60	Unavailable	5 / 3
2026-09-20	$3.60	Unavailable	5 / 3
2026-09-21	$3.60	Unavailable	5 / 3
2026-09-22	$3.60	Unavailable	5 / 3
2026-09-23	$3.59	Unavailable	5 / 3
2026-09-24	$3.59	Unavailable	5 / 3
2026-09-25	$3.59	Unavailable	5 / 3
2026-09-26	$3.59	Unavailable	5 / 3
2026-09-27	$3.59	Unavailable	5 / 3
2026-09-28	$3.59	Unavailable	5 / 3
2026-09-29	$3.59	Unavailable	5 / 3
2026-09-30	$3.59	Unavailable	5 / 3
2026-10-01	$3.59	Unavailable	5 / 3
2026-10-02	$3.59	Unavailable	5 / 3
2026-10-03	$3.60	Unavailable	5 / 3
2026-10-04	$3.60	Unavailable	5 / 3
2026-10-05	$3.60	Unavailable	5 / 3
2026-10-06	$3.60	Unavailable	5 / 3
2026-10-07	$3.60	Unavailable	5 / 3
2026-10-08	$3.60	Unavailable	5 / 3
2026-10-09	$3.57	Unavailable	5 / 3
2026-10-10	$3.57	Unavailable	5 / 3
2026-10-11	$3.57	Unavailable	5 / 3
2026-10-12	$3.57	Unavailable	5 / 3
2026-10-13	$3.57	Unavailable	5 / 3
2026-10-14	$3.57	Unavailable	5 / 3
2026-10-15	$3.57	Unavailable	5 / 3
2026-10-16	$3.57	Unavailable	5 / 3
2026-10-17	$3.57	Unavailable	5 / 3
2026-10-18	$3.57	Unavailable	5 / 3
2026-10-19	$3.57	Unavailable	5 / 3
2026-10-20	$3.57	Unavailable	5 / 3
2026-10-21	$3.57	Unavailable	5 / 3
2026-10-22	$3.57	Unavailable	5 / 3
2026-10-23	$3.57	Unavailable	5 / 3
2026-10-24	$3.57	Unavailable	5 / 3

Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.

Compare required revenue and earnings

Analyst view

Monthly observations

Buy / Strong BuyHoldSell / Strong Sell

Exact monthly counts

Monthly rating snapshots · fmp. Missing snapshots are not zero.
Date	Buy*	Hold
2026-05-01	5	1
2026-06-01	5	1
2026-07-01	5	1
2026-08-01	5	1
2026-09-01	5	1
2026-10-01	5	1

*Buy includes Strong Buy; Sell includes Strong Sell. Monthly counts describe the analyst mix, not the firms behind each recent action.

Latest: 5 Buy / Strong Buy · 1 Hold · 0 Sell / Strong Sell

0 upgrades0 downgrades0 maintains

Recent actions · Sep 25–Oct 24 · 0 recorded

Price-target changes

30 days

Individual price-target observations are unavailable.

0 raises · 0 cuts · 0 unchanged · 0 without a comparable prior

How this is measured

Sep 25, 2026–Oct 24, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.

Outlook in Brief

The evidence, the remaining questions, and what comes next

What's improving

No recovery evidence is reported in the available driver assessments.

Still unresolved / key risks

Maintain consistent dividend payoutDividend per share: $0.33 per share
Net income growth to support earnings powerPublished status: Under Pressure
Operating income improvementPublished status: Under Pressure
Sustain revenue growthRevenue growth: 18.53%

Next proof point

Next earnings date unavailable

Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.

Review earnings

Bottom line

4 of 4 published conditions remain under pressure or need verification. The next results need to address those conditions.

The dated weekly assessment and its assumptions are available in Read detailed Outlook.

Historical risk context

Observed price history; separate from operating scenarios

Price sensitivity

0.9%Typical daily move · historical

Downside history

-21.6%Maximum drawdown · trailing year

Read detailed Outlook Company context, assumptions & risks

Glacier Bancorp outlook in detail

The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.

Updated Oct 24, 2026

What kind of bet this is

This is a regional banking business with a multi-year thesis tied to disciplined growth and higher profitability. The thesis is intact, but the latest signal has shifted from mildly favorable to mixed after an earnings miss.

What's priced into Glacier Bancorp

GBCI is valued at a premium to peers, and the valuation evidence shows a meaningful expectations gap. That makes the valuation look expensive, although the priced-in fragility assessment is low rather than showing a broad combination of weak execution and market stress.

What the fundamentals likely do

Near-term results are uncertain: the company missed its most recent quarter, and momentum weakened, while the stated miss risk remains low. Over the multi-year view, margin expansion and higher net income support progress on profitability; loans also grew between the reported June and September quarter-ends, and the Guaranty core system conversion was completed.

What Glacier Bancorp hinges on

The next call matters: a guidance cut would be a meaningful negative, while continued margin growth and disciplined loan growth would support the thesis. Sector conditions are another swing factor: the evidence flags rate cuts as a headwind for financials and strength among sector bellwethers as a possible support; the cited litigation filing is an additional risk, but its details are not provided.