Share Buyback Program Initiated by Glacier Bancorp (NYSE:GBCI)

Posted by Stanley Muller on Oct 29th, 2026

Glacier Bancorp (NYSE:GBCI – Get Free Report) declared that its Board of Directors has initiated a share repurchase program on Thursday, October 29th, RTT News reports. The company plans to repurchase $200 million in outstanding shares. This repurchase authorization permits the company to buy up to 3.2% of its stock through open market purchases. Share repurchase programs are typically a sign that the company’s board believes its stock is undervalued.

Wall Street Analyst Weigh In

GBCI has been the topic of several research reports. Weiss Ratings upgraded Glacier Bancorp from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, August 5th. Piper Sandler raised their price objective on shares of Glacier Bancorp from $60.00 to $63.00 and gave the company an “overweight” rating in a report on Monday. Finally, DA Davidson reissued a “buy” rating and set a $58.00 target price on shares of Glacier Bancorp in a report on Monday, July 27th. Four investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $57.00.

Check Out Our Latest Research Report on GBCI

Glacier Bancorp Trading Up 1.3%

Shares of Glacier Bancorp stock traded up $0.64 during midday trading on Thursday, reaching $48.75. The company had a trading volume of 1,208,497 shares, compared to its average volume of 1,245,404. The stock has a fifty day moving average price of $45.30 and a 200 day moving average price of $47.68. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.85 and a quick ratio of 0.84. The firm has a market cap of $6.35 billion, a PE ratio of 17.43 and a beta of 0.77. Glacier Bancorp has a fifty-two week low of $39.90 and a fifty-two week high of $54.58.

Glacier Bancorp (NYSE:GBCI – Get Free Report) last released its quarterly earnings results on Thursday, October 22nd. The company reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.02. The firm had revenue of $333.42 million during the quarter. Glacier Bancorp had a net margin of 21.24% and a return on equity of 8.38%. During the same quarter in the previous year, the business posted $0.57 EPS. On average, equities analysts anticipate that Glacier Bancorp will post 3.11 earnings per share for the current year.

Glacier Bancorp Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Tuesday, October 6th were given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 2.9%. This is a boost from Glacier Bancorp’s previous quarterly dividend of $0.33. The ex-dividend date was Tuesday, October 6th. Glacier Bancorp’s dividend payout ratio is currently 52.43%.

Insiders Place Their Bets

In other news, Chairman Craig Langel bought 2,250 shares of the stock in a transaction that occurred on Friday, August 28th. The stock was acquired at an average price of $47.04 per share, with a total value of $105,840.00. Following the completion of the purchase, the chairman directly owned 98,684 shares of the company’s stock, valued at approximately $4,642,095.36. This represents a 2.33% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at this link. 0.48% of the stock is owned by corporate insiders.

Glacier Bancorp Company Profile

(Get Free Report)

Glacier Bancorp, Inc is a regional bank holding company headquartered in Kalispell, Montana. Through its banking subsidiaries, including Glacier Bank, the company provides financial services to individuals, families, businesses and community organizations across the Mountain West and Inland Northwest.

The company’s products and services include checking and savings accounts, certificates of deposit, consumer and residential mortgages, commercial and real estate lending, agricultural loans, cash-management services and online and mobile banking.