Earnings Call Summary | Glacier Bancorp(GBCI.US) Q1 2024 Earnings Conference
Earnings Call Summary | Glacier Bancorp(GBCI.US) Q1 2024 Earnings Conference
The following is a summary of the Glacier Bancorp, Inc. (GBCI) Q1 2024 Earnings Call Transcript:
以下是 Glacier Bancorp, Inc. (GBCI) 2024年第一季度業績電話會議記錄摘要:
Financial Performance:
財務業績:
Glacier Bancorp reported Q1 net interest margin as a percentage of earning assets on a tax equivalent basis of 2.59%, up from 2.56% the previous quarter.
Interest income for the quarter was $279 million, a 2% increase over the previous quarter and a 20% raise over Q1 of the previous year.
The company reported a loan portfolio increase by $534 million or 3% during the quarter to reach $16.7 billion.
Total deposits of $20.4 billion increased by 3% during the current quarter and 1% from the previous year's first quarter.
Q1 net income was $32.6 million, a decrease of 40% from the previous quarter's net income.
Glacier Bancorp報告稱,按等值稅計算,第一季度淨利率佔盈利資產的百分比爲2.59%,高於上一季度的2.56%。
該季度的利息收入爲2.79億美元,比上一季度增長2%,比去年第一季度增長20%。
該公司報告稱,本季度貸款組合增加了5.34億美元,增長了3%,達到167億美元。
204億美元的存款總額在本季度增長了3%,比去年第一季度增長了1%。
第一季度淨收入爲3,260萬美元,較上一季度的淨收入下降了40%。
Business Progress:
業務進展:
Glacier Bancorp completed the acquisition and core conversion of Community Financial Group, bringing in total assets of $778 million.
Glacier Bancorp has a purchase and assumption agreement with Heartland Bank to buy six Montana branches, expecting to close the transaction in July.
The company was recognized by J.D. Power and Forbes for retail banking satisfaction and as one of the top U.S. banks respectively.
Expected incoming deposits from the Heartland branch deal are around $463 million with loans at $296 million.
The company's efficiency ratio is expected to fall to around 69-70% or even to 74-75% without considering transaction costs.
Glacier Bancorp完成了對社區金融集團的收購和核心轉換,總資產爲7.78億美元。
Glacier Bancorp與Heartland Bank簽訂了收購和承擔協議,收購蒙大拿州的六家分行,預計將於7月完成交易。
該公司因零售銀行滿意度而獲得了 J.D. Power 和《福布斯》的認可,並分別被評爲美國頂級銀行之一。
Heartland分行交易的預計流入存款約爲4.63億美元,貸款爲2.96億美元。
如果不考慮交易成本,該公司的效率比預計將降至69-70%左右,甚至降至74-75%。
More details: Glacier Bancorp IR
更多詳情: 冰川 Bancorp IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:欲了解更多詳情,請訪問投資者關係網站。本文僅供投資者參考,不構成任何投資建議。
譯文內容由第三人軟體翻譯。