Investors in Glacier Bancorp, Inc. (NYSE:GBCI) had a good week, as its shares rose 3.1% to close at US$40.81 following the release of its first-quarter results. Glacier Bancorp reported US$223m in revenue, roughly in line with analyst forecasts, although statutory earnings per share (EPS) of US$0.48 beat expectations, being 2.1% higher than what the analysts expected. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.
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Taking into account the latest results, the consensus forecast from Glacier Bancorp's six analysts is for revenues of US$996.3m in 2025. This reflects a major 20% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to swell 17% to US$2.20. In the lead-up to this report, the analysts had been modelling revenues of US$1.00b and earnings per share (EPS) of US$2.18 in 2025. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.
Check out our latest analysis for Glacier Bancorp
It will come as no surprise then, to learn that the consensus price target is largely unchanged at US$51.50. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. The most optimistic Glacier Bancorp analyst has a price target of US$55.00 per share, while the most pessimistic values it at US$45.00. Still, with such a tight range of estimates, it suggeststhe analysts have a pretty good idea of what they think the company is worth.
Of course, another way to look at these forecasts is to place them into context against the industry itself. It's clear from the latest estimates that Glacier Bancorp's rate of growth is expected to accelerate meaningfully, with the forecast 28% annualised revenue growth to the end of 2025 noticeably faster than its historical growth of 3.2% p.a. over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 7.1% per year. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect Glacier Bancorp to grow faster than the wider industry.
The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.
With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have estimates - from multiple Glacier Bancorp analysts - going out to 2026, and you can see them free on our platform here.
You still need to take note of risks, for example - Glacier Bancorp has 1 warning sign we think you should be aware of.
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