KALISPELL, Mont. (AP) — KALISPELL, Mont. (AP) — Glacier Bancorp Inc. (GBCI) on Thursday reported second-quarter net income of $55 million.
The bank, based in Kalispell, Montana, said it had earnings of 50 cents per share.
The results met Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 50 cents per share.
The bank holding company posted revenue of $276.4 million in the period. Its revenue net of interest expense was $201.1 million, missing Street forecasts. Three analysts surveyed by Zacks expected $208.4 million.
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, source Associated Press News