Glacier Bancorp’s (GBCI) Hold (C) Rating Reiterated at Weiss Ratings

Glacier Bancorp (NYSE:GBCI)‘s stock had its “hold (c)” rating restated by investment analysts at Weiss Ratings in a report issued on Wednesday,Weiss Ratings reports.

Separately, Wall Street Zen raised shares of Glacier Bancorp from a “strong sell” rating to a “hold” rating in a research report on Saturday, July 26th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Glacier Bancorp has an average rating of “Buy”.

Glacier Bancorp Trading Up 1.3%

Shares of GBCI opened at $48.01 on Wednesday. Glacier Bancorp has a twelve month low of $36.76 and a twelve month high of $60.67. The stock has a market cap of $5.69 billion, a price-to-earnings ratio of 25.01 and a beta of 0.79. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.42. The business has a fifty day moving average price of $47.52.

Glacier Bancorp (NYSE:GBCI) last posted its quarterly earnings results on Thursday, July 24th. The company reported $0.45 EPS for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.02). The firm had revenue of $240.56 million during the quarter, compared to analyst estimates of $243.50 million. Glacier Bancorp had a return on equity of 6.63% and a net margin of 16.72%.

Glacier Bancorp Company Profile

Glacier Bancorp, Inc operates as the bank holding company for Glacier Bank that provides commercial banking services to individuals, small to medium-sized businesses, community organizations, and public entities in the United States. It offers non-interest bearing deposit and interest bearing deposit accounts, such as negotiable order of withdrawal and demand deposit accounts, savings accounts, money market deposit accounts, fixed rate certificates of deposit, negotiated-rate jumbo certificates, and individual retirement accounts.