23.01.2014 23:46:47

Glacier Bancorp Q4 Profit Meets Estimate

(RTTNews) - Glacier Bancorp Inc. (GBCI) Thursday reported fourth-quarter profit of $26.5 million or $0.36 per share, compared to $20.8 million or $0.29 per share in the same period last year.

On average, eight analysts polled by Thomson Reuters expected the company to earn $0.36 per share for the quarter. Analysts' estimates typically exclude special items.

Net-interest income increased to $67.0 million from $51.5 million last year, while total non-interest income totaled $23.0 million, down from $25.4 million last year.

On November 26, 2013, the Company's Board of Directors declared a cash dividend of $0.16 per share, payable December 19, 2013 to shareholders of record on December 10, 2013.

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