Glacier Bancorp declares $0.33 quarterly dividend

Published 24/06/2025, 21:38
Glacier Bancorp declares $0.33 quarterly dividend

KALISPELL, Mont. - Glacier Bancorp, Inc. (NYSE:GBCI), a $4.8 billion market cap regional bank, announced Tuesday that its Board of Directors has declared a quarterly dividend of $0.33 per share, representing a 3.17% yield and continuing the company’s long-standing dividend payment history.

The dividend will be payable on July 17, 2025, to shareholders of record as of July 8, 2025, according to a company press release.

This marks Glacier Bancorp’s 161st consecutive quarterly dividend payment. The company has increased its dividend 49 times throughout its history.

Glacier Bancorp serves as the parent company for Glacier Bank and its various bank divisions operating across multiple western states. These divisions include Altabank in Utah, Bank of the San Juans in Colorado, Citizens Community Bank in Idaho, and several others spanning Montana, Wyoming, Nevada, Arizona, and Washington.

The company is headquartered in Kalispell, Montana, and trades on the New York Stock Exchange under the ticker symbol GBCI.

In other recent news, Glacier Bancorp Inc. reported its first-quarter 2025 earnings, revealing a diluted earnings per share (EPS) of $0.48, slightly exceeding analysts’ expectations of $0.47. However, the company’s revenue did not meet forecasts, coming in at $222.6 million compared to the anticipated $227.2 million. Despite the earnings beat, the revenue shortfall contributed to a cautious market response. The company’s net interest margin improved significantly, surpassing 3% for the first time in two years, reaching 3.04%. Glacier Bancorp also announced the proposed acquisition of Bank of Idaho, which is expected to integrate by early September and add $9 to $10 million in quarterly expenses. Analysts from firms like D.A. Davidson and Piper Sandler inquired about the company’s margin trajectory and borrowing strategies, with management expressing optimism about continued margin expansion. The company maintains a stable dividend payout, having declared 160 consecutive quarterly payments. Glacier Bancorp’s CEO, Randy Chesler, expressed confidence in the company’s credit quality and strategic focus amidst economic uncertainties.

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