Glacier Bancorp reports Thursday: what to expect from GBCI stock

what happened

Regional bank Glacier Bancorp will report quarterly earnings Thursday after the market closes. According to StockStory, the company's revenue last quarter reached $319.8 million, up 31.6% year on year, but came in below analyst expectations. Net interest income was a notable miss, while earnings per share matched estimates.

This time the market expects revenue to grow 26.3% year on year, compared with 21.1% a year earlier. Analysts have broadly reconfirmed their estimates over the past 30 days. Still, the company has missed revenue forecasts several times over the last two years.

Some peers have already reported. QCR Holdings saw revenue fall 11.7% and missed estimates by 8.9%, while Washington Trust Bancorp posted revenue up 15%, beating forecasts by 4.1%, and its shares rose 4.2%. Glacier's stock was flat over the past month, while regional bank shares as a group fell 3% on average.

why it matters

Results from a large regional bank serve as a read on the whole sector, since net interest income and lending margins shape how investors value the group. The contrasting outcomes at QCR and Washington Trust show how uneven the industry's results have been, so traders will watch net interest income closely.

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