Glacier Bancorp, Inc. ( NYSE: GBCI) Q4 2024 Incomes Teleconference January 24, 2025 11:00 AM ET
Business Individuals
Randy Chesler – President and Ceo
Byron Pollan – Treasurer
Tom Dolan – Chief Credit Administrator
Ron Copher – Chief Financial Officer
Teleconference Individuals
Jeff Rulis – D.A. Davidson
Matthew Clark – Piper Sandler
David Feaster – Raymond James
Andrew Terell – Stephens
Kelly Motta – KBW
Operator
Great day, and thank you for waiting. Invite to the Glacier Bancorp 4th Quarter Incomes Teleconference. At this time, all individuals remain in a listen-only mode. After the speaker’s discussion, there will be a question-and-answer session. [Operator Instructions] Please be encouraged that today’s conference is being tape-recorded.
I would now like to hand the conference over to your speaker today, Randy Chesler, President and CEO. Please proceed.
Randy Chesler
Great early morning, and thank you for joining us today. With me here in Kalispell is Ron Copher, our Chief Financial Officer; Byron Pollan, our Treasurer; and Tom Dolan, our Chief Credit Administrator. I want to mention that the conversation today undergoes the exact same positive factors to consider described beginning on page 14 of our news release, and we motivate you to examine this area.
In General, the Glacier group provided an extremely strong 4th quarter and complete year efficiency. The favorable pattern of margin growth driven by increasing interest earnings and lower deposit expenses continued in the 4th quarter. Credit efficiency stays excellent, and our company believe we are extremely well placed for a strong 2025.
Watered down incomes per share for the existing quarter was $0.54 per share, a boost of 20% from the previous quarter watered down incomes per share of $0.45 and a boost of 10% from the previous year 4th quarter watered down incomes per share. Earnings was $61.8 million for the existing quarter, a boost
Source: Seeking Alpha.