GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Glacier Bancorp Inc (NYSE:GBCI) » Definitions » Net Interest Margin (Bank Only) %

GBCI (Glacier Bancorp) Net Interest Margin (Bank Only) % : 2.91% (As of Sep. 2024)


View and export this data going back to 1992. Start your Free Trial

What is Glacier Bancorp Net Interest Margin (Bank Only) %?

Net Interest Margin (Bank Only) % is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

GuruFocus calculates Net Interest Margin (Bank Only) % as Net Interest Income (for Banks) divided by its average earning assets. Glacier Bancorp's annualized Net Interest Income (for Banks) for the quarter that ended in Sep. 2024 was $720.9 Mil. Glacier Bancorp's average earning assets for the quarter that ended in Sep. 2024 was $24,809.1 Mil. Therefore, Glacier Bancorp's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Sep. 2024 was 2.91%.


Glacier Bancorp Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Glacier Bancorp's Net Interest Margin (Bank Only) % 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.

* Premium members only.

Glacier Bancorp Net Interest Margin (Bank Only) % Chart

Glacier Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.31 4.15 3.28 3.29 2.85

Glacier Bancorp Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Interest Margin (Bank Only) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.74 2.74 2.71 2.69 2.91

Competitive Comparison of Glacier Bancorp's Net Interest Margin (Bank Only) %

For the Banks - Regional subindustry, Glacier Bancorp's Net Interest Margin (Bank Only) %, along with its competitors' market caps and Net Interest Margin (Bank Only) % 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 Net Interest Margin (Bank Only) % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Glacier Bancorp's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where Glacier Bancorp's Net Interest Margin (Bank Only) % falls into.



Glacier Bancorp Net Interest Margin (Bank Only) % Calculation

Net Interest Margin (Bank Only) % (NIM) is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

Glacier Bancorp's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Dec. 2023 is calculated as

Net Interest Margin (Bank Only) %(A: Dec. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Dec. 2022 ) + Earning Assets (A: Dec. 2023 ))/ count )
=691.682/( (24181.217 + 24321.901)/ 2 )
=691.682/24251.559
=2.85 %

where

Earning Assets(A: Dec. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 15076.843 + 9104.374
=24181.217

Earning Assets(A: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 16021.016 + 8300.885
=24321.901

Glacier Bancorp's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Sep. 2024 is calculated as

Net Interest Margin (Bank Only) %(Q: Sep. 2024 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Jun. 2024 ) + Earning Assets (Q: Sep. 2024 ))/ count )
=720.924/( (24712.535 + 24905.704)/ 2 )
=720.924/24809.1195
=2.91 %

where

Earning Assets(Q: Jun. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 16690.781 + 8021.754
=24712.535

Earning Assets(Q: Sep. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 17022.143 + 7883.561
=24905.704

* 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.

Note: Interest Expense is the negative value.

In the calculation of annual Net Interest Margin (Bank Only) %, the Net Interest Income (for Banks) of the last fiscal year and the average earning assets over the fiscal year are used. In calculating the quarterly data, the Net Interest Income (for Banks) data used here is four times the quarterly (Sep. 2024) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Glacier Bancorp  (NYSE:GBCI) Net Interest Margin (Bank Only) % Explanation

The negative value of Net Interest Margin (Bank Only) % mean the firm pays more interest for its debt than the interest revenue generated from its investment.


Glacier Bancorp Net Interest Margin (Bank Only) % Related Terms

Thank you for viewing the detailed overview of Glacier Bancorp's Net Interest Margin (Bank Only) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Glacier Bancorp Business Description

Industry
Traded in Other Exchanges
Address
49 Commons Loop, Kalispell, MT, USA, 59901-2679
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 various products and services include deposit, loans, and mortgage origination services, among others. The bank predominantly serves individuals, small- to medium-sized businesses, community organizations, and public entities. Glacier 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.
Executives
Annie M. Goodwin director 49 COMMONS LOOP, KALISPELL MT 59901
Don J. Chery officer: EXECUTIVE VICE PRESIDENT/CAO 49 COMMONS LOOP, KALISPELL MT 59901
Randall M Chesler officer: Glacier Bank President 49 COMMONS LOOP, KALISPELL MT 59901
Craig A Langel director 3819 STEPHENS AVENUE, MISSOULA MT 59801
Ron J Copher officer: EXECUTIVE VICE PRESIDENT/CFO
Jesus Thomas Espinoza director 49 COMMONS LOOP, KALISPELL MT 59901
David C Boyles director 49 COMMONS LOOP, KALISPELL MT 59901
Kristen Lee Heck director 49 COMMONS LOOP, KALISPELL MT 59901
Michael Burke Hormaechea director 49 COMMONS LOOP, KALISPELL MT 59901
Cashell Robert A. Jr director 1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV 89135
Sherry Leigh Cladouhos director 49 COMMONS LOOP, KALISPELL MT 59901
John W Murdoch director 217 RIDGE TRAIL, BOZEMAN MT 59715
James M English director P.O. BOX 2875, HAYDEN ID 83835
Michael J Blodnick director, officer: PRESIDENT/CEO
George R Sutton director 49 COMMONS LOOP, KALISPELL MT 59901