Glacier Bancorp (FRA:GLC) Gross-Profit-to-Asset % : 2.75% (As of Mar. 2024)

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What is Glacier Bancorp Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Glacier Bancorp's annualized Gross Profit for the quarter that ended in Mar. 2024 was €701.4 Mil. Glacier Bancorp's average Total Assets over the quarter that ended in Mar. 2024 was €25,518.2 Mil. Therefore, Glacier Bancorp's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 2.75%.

Glacier Bancorp Gross-Profit-to-Asset % Historical Data

The historical data trend for Glacier Bancorp's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Glacier Bancorp Gross-Profit-to-Asset % Chart

Glacier Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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4.79

4.56

3.68

3.50

2.86

Glacier Bancorp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															3.06	2.82	2.79	2.71	2.75

Competitive Comparison of Glacier Bancorp's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, Glacier Bancorp's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Glacier Bancorp's Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Glacier Bancorp's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Glacier Bancorp's Gross-Profit-to-Asset % falls into.

Glacier Bancorp Gross-Profit-to-Asset % Calculation

Glacier Bancorp's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	723.914	/	( (25143.794	+	25439.991)	/ 2 )
	=	723.914	/	25291.8925
	=	2.86 %

Glacier Bancorp's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	701.364	/	( (25439.991	+	25596.396)	/ 2 )
	=	701.364	/	25518.1935
	=	2.75 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Glacier Bancorp Gross-Profit-to-Asset % Related Terms

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Glacier Bancorp (FRA:GLC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Glacier Bancorp Inc (FRA:GLC) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

GBCI:USA

Address

49 Commons Loop, Kalispell, MT, USA, 59901-2679

Website

https://www.glacierbancorp.com

Glacier Bancorp Inc is a regional bank holding company providing commercial banking services to scores of communities through its wholly-owned bank subsidiary, Glacier Bank. The bank operates a multitude of banking offices in Montana, Idaho, Colorado, Utah, Washington, and Wyoming. The bank's wide range of products and services include deposit, loans, and mortgage origination services, among others. The bank primarily serves individuals, small- to medium-sized businesses, community organizations, and public entities. Glacier's strategy emphasizes both internal growth and growth through selective acquisitions. A majority of the bank's loan portfolio is in commercial real estate, while a majority of its net revenue is net interest income.

Glacier Bancorp (FRA:GLC) Headlines

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