Glacier Bancorp reported record second-quarter 2026 results with net income of $97.9 million and diluted earnings per share of $0.75. Net interest income rose to $276.4 million and the tax-equivalent net interest margin expanded to 3.90% for the quarter. The company completed integration work on the Guaranty conversion and declared a quarterly dividend of $0.33 per share.

Financial Highlights

  • Net income: $97.9 million for the quarter ended June 30, 2026 (up from $82.1 million in prior quarter; $52.8 million year-ago).
  • Diluted earnings per share: $0.75 for Q2 2026 (prior quarter $0.63; prior year Q2 $0.45).
  • Operating diluted EPS (non-GAAP): $0.76 for Q2 2026 (prior quarter $0.70; prior year Q2 $0.57).
  • Net interest income: $276.4 million for Q2 2026 (up $7.8M from prior quarter; up $68.8M year-over-year).
  • Net interest margin (tax-equivalent): 3.90% in Q2 2026 (up 10 bps from prior quarter; up 69 bps year-over-year).

Business Highlights

  • Loan portfolio totaled $21.364 billion at June 30, 2026, increasing $330 million from prior quarter and $2.831 billion (15%) from prior year Q2; organic loan growth excluding Guaranty acquisition was $728 million year-over-year.
  • Total deposits were $24.654 billion at quarter end; first half average deposits for the quarter were $24.539 billion, up modestly quarter-over-quarter and up 14% year-over-year.
  • Completed core system conversion for Guaranty Bank & Trust following the October 1, 2025 acquisition; integration activity included related employment compensation and acquisition-related expenses.
  • Asset mix shifted toward higher-yielding loans; debt securities decreased to $6.487 billion (21% of assets) as the company selectively purchased securities from excess liquidity.
  • Credit metrics: allowance for credit losses on loans remained 1.22% of loans; non-performing assets were $91.8 million at June 30, 2026 with net charge-offs of $5.9 million for the quarter.

Original SEC Filing:

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