Glacier Bancorp reported second-quarter revenue of $317.53 million, missing the Zacks Consensus Estimate of $324.2 million by 2.06 percent, while earnings per share of $0.76 matched analyst expectations. Revenue rose 32 percent from the year-ago quarter, and EPS improved from $0.45 a year earlier. Key metrics showed the efficiency ratio at 56.7 percent, better than the 58 percent estimate, and net interest margin at 3.9 percent, in line with projections. Non-accrual loans of $74.44 million and total non-performing assets of $91.85 million both exceeded analyst estimates, while total non-interest income of $41.1 million came in above the $39.07 million consensus.
Glacier Bancorp IncRevenue missed estimates and non-performing assets exceeded expectations, despite EPS matching consensus.