When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
GBCI - Glacier Bancorp: Credit Risks At The Forefront
Glacier Bancorp Inc.
Earnings of Glacier Bancorp, Inc. (GBCI) increased to $0.66 per share in the second quarter from $0.46 per share in the first quarter of 2020. The earnings increase was attributable to lower provision expense and higher net interest income on the back of the Paycheck Protection Program, PPP. Earnings will likely continue to increase in the year ahead due to the accelerated booking of fees under PPP. Moreover, the provision expense will likely continue to decline in the year ahead. Overall, I’m expecting earnings in the second half of the year to be 25% higher