Company data sheet · Glacier Bancorp
Glacier Bancorp: profitable every year.
- Industry
- State Commercial Banks
- Ticker
- GBCI (NYSE)
- Sources
- SEC filings (1996–2026), Stratrix's verified Decision Cases, market data and official economic statistics
- Data as of
- November 15, 2026
- Profitable every year. Glacier Bancorp made money in each of its last ten fiscal years, from $0.1 billion (2017) to $0.3 billion (2022).
Financial results
| Fiscal year | Revenue | Net income | |
|---|---|---|---|
| 2021 | $0.1 billion | $0.3 billion | |
| 2022 | $0.1 billion | $0.3 billion | |
| 2023 | $0.1 billion | $0.2 billion | |
| 2024 | $0.1 billion | $0.2 billion | |
| 2025 | $0.1 billion | $0.2 billion |
As reported in its annual filings. Losses in red.
Has Glacier Bancorp had layoffs?
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | 3,358 persons | December 31, 2023 |
| 10-K for 2024 | 3,595 | December 31, 2024 |
| 10-K for 2025 | 4,188 | December 31, 2025 |
Job cuts, severance and restructuring
Mergers and acquisition expenses for the Wheatland and RMB branch acquisitions were reported; the filing says these costs include third-party costs and employee severance expenses.
“The Company incurred $ 7,722,000 and $ 1,889,000 of expenses in connection with the Wheatland and RMB branch acquisitions during the year ended December 31, 2024, respectively.” 10-K for 2024
Glacier Bancorp has filed no restructuring notice (Form 8-K, Item 2.05) since 2016. Companies file one only for a cut they judge material, so many announced layoffs never appear as one. This page shows what the company reported to the SEC, not news reports or state layoff notices.
What has Glacier Bancorp acquired?
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Community Financial Group, Inc. and its subsidiary, Wheatland Bank“Effective January 31, 2024, the Company completed its acquisition of Community Financial Group, Inc. and its subsidiary, Wheatland Bank.” 10-K for 2023 | agreed acquisition | January 31, 2024 | — |
Altabancorp and its wholly-owned subsidiary, Altabank (collectively, "Alta")“On October 1, 2021, the Company completed the acquisition of Altabancorp, the bank holding company for Altabank, a community bank based in American Fork, Utah (collectively, “Alta”).” 10-K for 2023 | acquisition | October 1, 2021 | — |
State Bank Corp. and its wholly-owned subsidiary, State Bank of Arizona (collectively, "SBAZ")“We have completed the following acquisitions during the last five fiscal years: (Dollars in thousands) Date Total Assets Gross Loans Total Deposits Altabancorp and its wholly-owned subsidiary, Altabank (collectively, "Alta") October 1, 2021 $ 4,131,662 1,902,321 3,273,819 State Bank Corp. and its wholly-owned subsidiary, State Bank of Arizona (collectively, "SBAZ") February 29, 2020 745,420 451,702 603,289 Heritage Bancorp and its wholly-owned subsidiary, Heritage Bank of Nevada (collectively, "Heritage") July 31, 2019 977,944 615,279 722,220 FNB Bancorp and its wholly-owned subsidiary, The First National Bank of Layton (collectively, "FNB") April 30, 2019 379,155 245,485 274,646” 10-K for 2023 | acquisition | February 29, 2020 | — |
Heritage Bancorp and its wholly-owned subsidiary, Heritage Bank of Nevada (collectively, "Heritage")“We have completed the following acquisitions during the last five fiscal years: (Dollars in thousands) Date Total Assets Gross Loans Total Deposits Altabancorp and its wholly-owned subsidiary, Altabank (collectively, "Alta") October 1, 2021 $ 4,131,662 1,902,321 3,273,819 State Bank Corp. and its wholly-owned subsidiary, State Bank of Arizona (collectively, "SBAZ") February 29, 2020 745,420 451,702 603,289 Heritage Bancorp and its wholly-owned subsidiary, Heritage Bank of Nevada (collectively, "Heritage") July 31, 2019 977,944 615,279 722,220 FNB Bancorp and its wholly-owned subsidiary, The First National Bank of Layton (collectively, "FNB") April 30, 2019 379,155 245,485 274,646” 10-K for 2023 | acquisition | July 31, 2019 | — |
FNB Bancorp and its wholly-owned subsidiary, The First National Bank of Layton (collectively, "FNB")“We have completed the following acquisitions during the last five fiscal years: (Dollars in thousands) Date Total Assets Gross Loans Total Deposits Altabancorp and its wholly-owned subsidiary, Altabank (collectively, "Alta") October 1, 2021 $ 4,131,662 1,902,321 3,273,819 State Bank Corp. and its wholly-owned subsidiary, State Bank of Arizona (collectively, "SBAZ") February 29, 2020 745,420 451,702 603,289 Heritage Bancorp and its wholly-owned subsidiary, Heritage Bank of Nevada (collectively, "Heritage") July 31, 2019 977,944 615,279 722,220 FNB Bancorp and its wholly-owned subsidiary, The First National Bank of Layton (collectively, "FNB") April 30, 2019 379,155 245,485 274,646” 10-K for 2023 | acquisition | April 30, 2019 | — |
Rocky Mountain Bank branches ("RMB")“Rocky Mountain Bank branches (“RMB”) July 19, 2024 $ 403,052 271,569 396,690 Community Financial Group, Inc. and its wholly-owned subsidiary, Wheatland Bank (collectively, “Wheatland”) January 31, 2024 777,705 452,740 616,955 Altabancorp and its wholly-owned subsidiary, Altabank (collectively, "Alta") October 1, 2021 4,131,662 1,902,321 3,273,819 State Bank Corp. and its wholly-owned subsidiary, State Bank of Arizona February 29, 2020 745,420 451,702 603,289 On January 13, 2025, the Company announced the signing of a definitive agreement to acquire Bank of Idaho Holding Co., the parent company of Bank of Idaho.” 10-K for 2024 | acquisition | July 19, 2024 | — |
Guaranty Bancshares, Inc.“As described in relation to Management’s Report on Internal Control Over Financial Reporting , the scope of management’s assessment of internal control over financial reporting as of December 31, 2025, has excluded Guaranty Bancshares, Inc. and its wholly-owned subsidiary, Guaranty Bank & Trust, N.A. (Guaranty) acquired on October 1, 2025.” 10-K for 2025 | acquisition | October 1, 2025 | — |
Bank of Idaho Holding Co.“In 2025, the Company also acquired Bank of Idaho Holding Co., the bank holding company for Bank of Idaho with total assets of $1.364 billion.” 10-K for 2025 | acquisition | 2025 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2016-12-31 | −$6.7 million | $6.4 million |
| 2017-12-31 | $4.1 million | $30.8 million |
| 2018-12-31 | −$101.3 million | $111.8 million |
| 2019-12-31 | −$79.3 million | $166.8 million |
| 2020-12-31 | −$43.7 million | $57.6 million |
| 2021-12-31 | −$1.62 billion | $471.4 million |
| 2022-12-31 | $0 | $0 |
| 2023-12-31 | $0 | $0 |
| 2024-12-31 | — | $65.9 million |
| 2025-12-31 | — | $327 million |
Deal filings since 2016
Layoffs, acquisitions, competitors and subsidiaries are read from Glacier Bancorp’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023), as of 2026-02-25.
The full data sheet · Data Plan
Everything behind these findings, ready for your board deck.
- Market reaction to disclosed decisions: 17 decision filings since 2016, each linked to the SEC, with the share return against its sector and the US market the next day and the next year (15 with market data).
- Peer comparison: against 505 companies of its size in its sector.
- Financial results: ten years of revenue, operating and net income, and every annual report, linked.
- Methods and sources, so each number can be checked and cited.
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