Glacier Bancorp, Inc. (GBCI) stock analysis

P/E below its 5-year median

Glacier Bancorp's P/E of 19.7 is below its own 5-year median of 20.2.

P/E above the industry

Glacier Bancorp's P/E of 19.7 is above the Commercial Banks median of 12.1.

P/S above the industry

Glacier Bancorp's price-to-sales of 57.39 is above the Commercial Banks median of 3.60.

P/B above the industry

Glacier Bancorp's price-to-book of 1.45 is above the Commercial Banks median of 1.28.

Trading above fair value

The share price of $48.11 is above our fair value estimate of $43.26.

Margin of safety under 20%

The price is 11.2% above fair value, so there is no margin of safety.

Revenue growing under 10% a year

Revenue grew 6.9% a year over the last three fiscal years, short of the 10% we look for.

EPS growing under 10% a year

Diluted EPS grew -10.1% a year over the last three fiscal years.

Earnings growth accelerating

Net income grew 41.6% over the last twelve months, against a 5-year average of -2.1% a year.

Growing faster than the industry

Revenue grew 14.3% over the last twelve months; the Commercial Banks median is 11.3%.

Company guidance

No outlook found in earnings releases from the last twelve months.

Gross margin trend

Banks and insurers do not report gross profit.

Return on equity under 15%

Return on equity was 7.9% over the last twelve months and averaged 8.1% over five years; we look for 15% on both.

Return on assets over 1%

Return on assets was 1.0%; for a bank or insurer, 1% or more is considered good.

Return on equity below the industry

Glacier Bancorp's return on equity of 7.9% is below the Commercial Banks median of 11.6%.

Earnings shrank over 5 years

Net income shrank 2.1% a year on average over the last five fiscal years.

Net margin below its 5-year average

Net margin was 286% over the last twelve months, against a 5-year average of 299%.

Net margin above the industry

Glacier Bancorp's net margin of 286% is above the Commercial Banks median of 30.3%.

Well capitalized

Equity is 13.6% of total assets; 8% or more is a comfortable cushion.

Loans funded by deposits

Needs loans and deposits.

Adequate loan-loss reserve

The allowance for credit losses is 1.2% of loans; we look for at least 1%.

High cost base

Non-interest expense takes 62.9% of revenue; under 60% is efficient for a bank.

Deposits growing

Needs deposits a year ago.

Borrowings

Needs debt and equity figures.

Pays a dividend

Glacier Bancorp paid dividends worth 2.8% of the share price over the last twelve months.

Yield below Treasuries

The 2.8% yield is below the 4.7% on a 1-year Treasury.

Yield below the top quarter

The top quarter of US dividend payers yield 3.8% or more; Glacier Bancorp yields 2.8%.

Dividend not cut

The dividend per share has not fallen by more than 10% in any of the last 10 fiscal years.

Covered by earnings

Dividends take 54.0% of net income.

Covered by free cash flow

Dividends take 41.3% of free cash flow.