2024-01-26 15:18:06 ET
Glacier Bancorp, Inc. (GBCI)
Q4 2023 Earnings Conference Call
January 26, 2024, 11:00 AM ET
Company Participants
Randy Chesler - President and CEO
Byron Pollan - Treasurer
Ron Copher - CFO
Tom Dolan - Chief Credit Administrator
Conference Call Participants
Matthew Clark - Piper Sandler
David Feaster - Raymond James
Kelly Mota - KBW
Jeff Rulis - D.A. Davidson
Brandon King - Truist
Andrew Terrell - Stephens
Presentation
Operator
Good day, and thank you for standing by. Welcome to Glacier Bancorp's Fourth Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.
I would now like to hand the conference over to your speaker today, Mr. Randy Chesler, President and Chief Executive Officer of Glacier Bancorp. Mr. Chesler, please begin.
Randy Chesler
All right. Thank you very much. Sorry for the technical difficulties. I think, we're ready to go. So, good morning, and thank you for joining us today. With me here in Kalispell this morning is Ron Copher, our Chief Financial Officer; Angela Dose, our Chief Accounting Officer; Byron Pollan, our Treasurer; Tom Dolan, our Chief Credit Administrator and Don Chery, our Chief Administrative Officer.
I'd like to point out that the discussion today is subject to the same forward-looking considerations found on Page 14 of our press release, and we encourage you to take a careful review of this section. We released our fourth quarter and full year 2023 earnings after the close of the market yesterday, and the Glacier Bancorp team wrapped up a challenging year with a very strong quarter.
We achieved earnings per share of $0.49, which increased $0.02 per share from the prior quarter. Net income was $54.3 million for the current quarter, an increase of $1.9 million, or 4%, from the prior quarter. Interest income of $273 million in the current quarter increased 8.6 million, or 3%, over the prior quarter....
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Glacier Bancorp, Inc. (GBCI) Q4 2023 Earnings Call Transcript