GBCI Stock Summary and Trading Ideas (Glacier Bancorp | NYSE:GBCI)

Glacier Bancorp Inc is a regional bank holding company providing commercial banking services to scores of communities through its wholly-owned bank subsidiary, Glacier Bank. The bank operates a multitude of banking offices in Montana, Idaho, Colorado, Utah, Washington, and Wyoming. The bank's various products and services include deposit, loans, and mortgage origination services, among others. The bank predominantly serves individuals, small- to medium-sized businesses, community organizations, and public entities. Glacier emphasizes both internal growth and growth through selective acquisitions. A majority of the bank's loan portfolio is in commercial real estate, while a majority of its net revenue is net interest income.

Glacier Bancorp trades on the NYSE stock market under the symbol GBCI.

As of January 3, 2025, GBCI stock price climbed to $50.35 with 342,559 million shares trading.

GBCI has a beta of 0.85, meaning it tends to be less sensitive to market movements. GBCI has a correlation of 0.09 to the broad based SPY ETF.

GBCI has a market cap of $5.71 billion. This is considered a Mid Cap stock.

Last quarter Glacier Bancorp reported $180 million in Revenue and $.45 earnings per share. This fell short of revenue expectation by $-7 million and exceeded earnings estimates by $.03.

In the last 3 years, GBCI traded as high as $60.69 and as low as $26.77.

The top ETF exchange traded funds that GBCI belongs to (by Net Assets): VTI, IJH, VB, IWM, VBR.

GBCI has outperformed the market in the last year with a return of +29.9%, while the SPY ETF gained +27.8%. In the last 3 month period, GBCI beat the market returning +14.2%, while SPY returned +4.6%. However, in the most recent 2 weeks GBCI has underperformed the stock market by returning -0.2%, while SPY returned +0.1%.

GBCI support price is $48.65 and resistance is $50.67 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GBCI shares will trade within this expected range on the day.