Glacier Bancorp Inc

Glacier Bancorp's valuation picture is divided as it approaches its Q2 2026 earnings report, with an Excess Returns model suggesting the stock is undervalued by about 20.1% while earnings-based multiples indicate it is expensive. The Excess Returns framework, using a book value of $33.13 per share and stable EPS of $3.51 per share, yields an intrinsic value of $62.95 per share, implying a discount from the current price. However, the stock trades at a P/E of about 21.0x, well above the banking industry average of roughly 12.0x and a tailored fair P/E of around 18.0x, signaling overvaluation. Broader valuation checks give Glacier Bancorp a low value score, with the stock screening as attractive on only two of six measures. The upcoming earnings release, expected to show higher EPS and revenue, will be critical in determining whether the company can sustain returns that justify the richer multiple.

Glacier Bancorp reported quarterly earnings of $0.76 per share, matching the Zacks Consensus Estimate and up from $0.45 a year ago. Revenues for the quarter ended June 2026 came in at $317.53 million, missing the consensus estimate by 2.06% but rising from $240.56 million in the prior-year period. The company has surpassed consensus EPS estimates twice over the last four quarters. Shares have gained about 16.2% year-to-date, outperforming the S&P 500's 9.6% advance. The current consensus EPS estimate stands at $0.83 for the coming quarter and $3.16 for the fiscal year.