Glacier Bancorp (GBCI) Tops Q2 EPS by 1c
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Glacier Bancorp, Inc. Announces Results for the Quarter and Period Ended June 30, 2022
July 21, 2022 4:30 PM EDT2nd Quarter 2022 Highlights:
Net income was $76.4 million for the current quarter, an increase of $8.6 million, or 13 percent, from the prior quarter net income of $67.8 million.The loan portfolio, excluding the Payroll Protection Program (PPP) loans, grew $714 million, or 21 percent annualized, in the current quarter.Net interest margin as a percentage of earning assets, on a tax-equivalent basis, for the current quarter was 3.23 percent compared to 3.20 percent in the prior quarter. The core net... More