In 2025 Glacier Bancorp completed its largest acquisition year in company history, closing the purchase of Bank of Idaho in April and Guaranty Bank & Trust in October. These transactions extended the bank’s footprint into Idaho’s fastest-growing markets and established a presence in Texas, adding $1.2 billion in loans and $900 million in deposits. The Bank of Idaho platform conversion was executed in September, and the Guaranty Bank & Trust conversion is scheduled for February, positioning Glacier for immediate cross-sell opportunities and cost synergies estimated at $15 million annually.

For the quarter ended December 31, Glacier Bancorp reported earnings of $0.49 per share, below the consensus estimate of $0.59 and down from $0.54 a year ago. Net interest income was pressured by the higher cost of funds and competitive loan pricing in new markets, while noninterest income benefited modestly from the acquired businesses. The efficiency ratio widened to 60.5% from 58.2% in Q4 2024, reflecting integration expenses of $5.3 million related to the two acquisitions.

Management highlighted that credit quality remains strong, with net charge-offs of 0.20% of average loans, consistent with historical levels. Loan growth in the newly acquired regions is tracking ahead of plan, with a 6% increase in commercial real estate balances since conversion. For 2026, Glacier Bancorp projects adjusted EPS growth of 8%–12% driven by full-year synergies, continued loan expansion in Idaho and Texas, and disciplined expense control, while maintaining a CET1 ratio above 10.5% to support further strategic investments.