Glacier Bancorp Declares $0.33 Quarterly Dividend, 164th Consecutive Payment
Glacier Bancorp, Inc. (NYSE: GBCI), a Montana-based bank holding company, declared a quarterly cash dividend of $0.33 per share on March 25, 2026. The payment marks the company's 164th consecutive quarterly dividend.
Glacier Bancorp, Inc. (NYSE: GBCI), a Montana-based bank holding company, declared a quarterly cash dividend of $0.33 per share on March 25, 2026. The dividend is payable April 16, 2026 to shareholders of record as of April 7, 2026. Read more dividend announcements.
The payment represents the company's 164th consecutive quarterly dividend. Glacier has increased its dividend 49 times in total since initiating regular distributions.
The $0.33 per share payment matches the prior quarter's dividend, maintaining the same rate for the current period.
| Dividend Details | Date/Amount |
|---|---|
| Amount | $0.33 per share |
| Record Date | April 7, 2026 |
| Payment Date | April 16, 2026 |
| Declaration Date | March 25, 2026 |
| Frequency | Quarterly |
First Quarter Performance
Glacier reported net income of $82.1 million for the quarter ended March 31, 2026, up from $63.8 million in the prior quarter and $54.6 million in the year-ago period. Diluted earnings per share were $0.63, compared to $0.49 in the prior quarter and $0.48 in the first quarter of 2025.
The company's net interest margin expanded to 3.80 percent in the first quarter, up 22 basis points from the prior quarter's 3.58 percent and up 76 basis points from 3.04 percent a year earlier. The loan yield of 6.16 percent increased 7 basis points from the prior quarter and 39 basis points year-over-year.
Total cost of funding declined to 1.40 percent in the current quarter, down 12 basis points from 1.52 percent in the prior quarter and down 28 basis points from 1.68 percent a year ago.
Acquisition Update
Glacier completed the core system conversion of Guaranty Bancshares, Inc., the holding company for Guaranty Bank & Trust, N.A. The company acquired Guaranty on October 1, 2025 in a transaction valued at $3.357 billion in total assets.
Return on average assets reached 1.05 percent in the first quarter, compared to 0.78 percent in the prior quarter and 0.80 percent in the year-ago period. Return on average equity improved to 7.82 percent from 6.05 percent sequentially and 6.77 percent year-over-year.
Glacier operated 282 locations and 337 ATMs as of March 31, 2026, with 4,139 full-time equivalent employees. The loan-to-deposit ratio stood at 85.18 percent.