EarningsQ2 2026 Earnings Report
DE:GLC Q2 2026 EPS Results
Actual EPS€0.67
Consensus EPS€0.67
Beat/MissMet expectations
One Year Ago EPS€0.40
DE:GLC Q2 2026 Revenue Results
Actual Revenue€361.84M
Expected Revenue€286.97M
Beat/MissBeat by +€74.87M
YoY Revenue Growth+19.12%
Earnings Announcement Details
QuarterQ2 2026
Date07/23/2026
TimeAfter Close
Conference CallThursday, July 23, 2026
DE:GLC Upcoming Earnings
Glacier Bancorp's next earnings date is estimated for October 15, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
DE:GLC Q2 2026 Earnings Call
0:00 / 0:00
Q2 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong operating and financial momentum driven by loan growth, margin expansion, improved funding costs, solid PPNR expansion, and disciplined expense control. Credit metrics remain sound and management is actively redeploying capital into loans and securities. Noted challenges were largely manageable and included a modest uptick in nonperforming assets, temporary margin headwinds from timing items, a slight sequential dip in average earning assets due to prior deleveraging, ongoing rational but present deposit competition, and continued monitoring of the agriculture sector. Management retained conservative H2 expense guidance and is keeping capital return options open while monitoring macro and M&A activity.Company Guidance
Strong Quarterly and Year-over-Year Earnings
Net income of $97.9 million in Q2 2026, up 19% sequentially and up 85% year-over-year; diluted EPS of $0.75, up 19% sequentially and up 67% year-over-year.
Robust Net Interest Income and Margin Expansion
Net interest income of $276 million in Q2, up 3% sequentially and up 33% year-over-year; tax-equivalent net interest margin of 3.9%, up 10 basis points sequentially and up 69 basis points year-over-year (Q2).
Material PPNR Growth
Pretax pre-provision net revenue (PPNR) of $130.8 million in Q2, up 23% sequentially and up 53% year-over-year.
Strong First Half Performance
First half 2026 net income $180 million (up 68% YoY), diluted EPS $1.38 (up 48% YoY), net interest income $545 million (up 37% YoY), and H1 tax-equivalent NIM 3.85% (up 73 bps YoY).
Loan and Deposit Growth
Period-end loans $21.4 billion, increasing $330 million (6% annualized sequentially) and up $2.831 billion (15%) from prior year first half; total average deposits $24.5 billion (up $112 million or 2% annualized sequentially) and period-end deposits $24.7 billion (largely stable).
Improved Funding Costs and Deposit Composition
Total cost of funding declined to 1.33% (down 7 bps sequentially and down 30 bps YoY); core deposit cost including noninterest-bearing deposits was 1.18% (down 2 bps sequentially); noninterest-bearing deposits remained 30% of total deposits.
Efficiency and Expense Control
Operating efficiency ratio improved to 56.21% from 63.05% sequentially due in part to a meaningful decline in acquisition-related expenses; management expects controlled expenses though some discretionary spend could return in H2.
Prudent Credit Metrics and Capital Actions
Credit quality characterized as excellent with declining early-stage delinquencies; allowance for credit losses at 1.22% of total loans; board declared quarterly dividend of $0.33 (165th consecutive quarterly dividend) and continued flexibility on capital deployment.
Resuming Securities Purchases
Purchased approximately $250 million of bonds in the quarter and signaled continued reinvestment into the securities portfolio while expecting earning assets to grow in H2.
DE:GLC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed