Glacier Bancorp, Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2018
January 25, 2019 at 05:33 am
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Glacier Bancorp, Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2018. For the quarter, the company reported net interest income of $115,874,000 against $89,826,000 a year ago. Net income was $49,599,000 against $14,956,000 a year ago. Basic earnings per share were $0.59 against $0.19 reported a year ago.
For the full year, the company reported net interest income of $433,465,000 against $345,158,000 a year ago. Net income was $181,878,000 against $116,377,000 a year ago. Basic earnings per share were $2.18 against $1.50 reported a year ago. Diluted earnings per share were $2.17 against $1.50 reported a year ago.
Glacier Bancorp, Inc. is the parent company for Glacier Bank and its bank divisions. The Company provides a range of banking services to individuals and businesses from 221 locations in Montana, Idaho, Utah, Washington, Wyoming, Colorado, Arizona and Nevada through its wholly owned bank subsidiary, Glacier Bank (Bank). It offers a range of banking products and services, including retail banking, business banking, real estate, commercial, agriculture and consumer loans, and mortgage origination and loan servicing. It serves individuals, small to medium-sized businesses, community organizations and public entities. Its bank divisions include Glacier Bank (Kalispell, Montana), First Security Bank of Missoula (Missoula, Montana), Valley Bank of Helena (Helena, Montana), First Security Bank (Bozeman, Montana), Western Security Bank (Billings, Montana), First Bank of Montana (Lewistown, Montana), First Community Bank Utah (Layton, Utah), Mountain West Bank (Coeur dâAlene, Idaho) and others.