Glacier Bancorp, Inc. (GBCI) to Issue Quarterly Dividend of $0.33 on April 16th

Glacier Bancorp, Inc. (NYSE:GBCI) announced a quarterly dividend on Wednesday, March 25th. Investors of record on Tuesday, April 7th will be paid a dividend of 0.33 per share on Thursday, April 16th. This represents a c) dividend on an annualized basis and a yield of 3.0%. The ex-dividend date is Tuesday, April 7th.

Glacier Bancorp has decreased its dividend by an average of 0.0%annually over the last three years. Glacier Bancorp has a dividend payout ratio of 45.2% meaning its dividend is sufficiently covered by earnings.

Glacier Bancorp Trading Down 0.4%

NYSE:GBCI opened at $44.45 on Friday. The company has a market cap of $5.78 billion, a P/E ratio of 22.34 and a beta of 0.75. Glacier Bancorp has a twelve month low of $36.76 and a twelve month high of $53.99. The business has a 50 day moving average price of $47.78 and a two-hundred day moving average price of $46.02. The company has a quick ratio of 0.82, a current ratio of 0.83 and a debt-to-equity ratio of 0.16.

Glacier Bancorp (NYSE:GBCI) last announced its quarterly earnings data on Thursday, January 22nd. The company reported $0.49 EPS for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.13). Glacier Bancorp had a return on equity of 6.68% and a net margin of 16.63%.During the same quarter in the prior year, the business posted $0.54 earnings per share.

About Glacier Bancorp

Glacier Bancorp, Inc is a bank holding company headquartered in Kalispell, Montana. Through its network of community banks, the company delivers commercial and retail banking services to individuals, small and medium-sized businesses, and agricultural clients. With a commitment to relationship-driven banking, Glacier Bancorp combines local market expertise with regional scale to offer customized financial solutions that address the unique needs of the communities it serves.

Established in 1955 as Glacier Bank, the company has expanded both organically and through targeted acquisitions to build a presence across the Mountain West and into the Upper Midwest and Southwest.