Glacier Bancorp, Inc. reported financial results for the quarter ended September 30, 2026, announcing record net income of $104.6 million. This figure represents an increase of $6.7 million, or 7 percent, from the prior quarter and an increase of $36.7 million, or 54 percent, from the prior year third quarter. Diluted earnings per share for the quarter were $0.80, up 7 percent from the previous quarter and 40 percent from the same period in the prior year.
The company reported net interest income of $290 million for the current quarter, a 5 percent increase from the prior quarter and a 29 percent increase from the prior year. The net interest margin on a tax-equivalent basis was 4.01 percent, an increase of 11 basis points from the prior quarter and 62 basis points from the prior year. Total assets stood at $32.29 billion as of September 30, 2026.
Asset growth was noted across the balance sheet. The loan portfolio increased to $21.62 billion, a 5 percent annualized increase from the prior quarter and a 15 percent increase from the prior year. Total deposits increased to $25.27 billion, a 10 percent annualized increase from the prior quarter. The company declared a quarterly dividend of $0.35 per share, marking the 166th consecutive quarterly dividend and the 50th time the dividend has been increased.
For the first nine months of 2026, net income totaled $285 million, a 63 percent increase from the prior year. The company also noted the completion of the core system conversion for Guaranty Bancshares, Inc., the bank holding company for Guaranty Bank & Trust, N.A., which was acquired on October 1, 2025. Credit quality metrics showed total non-performing assets at $90.6 million, representing 0.28 percent of subsidiary assets.
