DA Davidson has reaffirmed its Buy rating on Glacier Bancorp, trading under the ticker NYSE:GBCI, setting a price target of $55.00. This projection suggests a potential upside of approximately 12% from the current trading price of $49.14. This stance aligns closely with the prevailing analyst consensus, as evidenced by InvestingPro data indicating a broad positive recommendation and price targets ranging between $49 and $58.
The firm highlighted Glacier Bancorp’s impressive performance in the fourth quarter of 2025, noting a significant earnings per share (EPS) beat relative to market expectations. Over the past twelve months, the bank has demonstrated consistent profitability, with diluted EPS reaching $2.05.
Key drivers underpinning this optimistic rating include a noticeable expansion in the net interest margin and growing momentum in fee income streams. Additionally, improvements in the quality of legacy credit positions bolster the bank's financial standing. DA Davidson also emphasized the successful completion of Glacier Bancorp’s acquisition of Guaranty, which they anticipate may act as a catalyst for further merger and acquisition activity within the regional market.
Although Glacier Bancorp recorded modest organic growth during this period, DA Davidson underscored the critical role of growth driven by acquisitions as integral to the company’s business model. The bank’s dividend track record adds to its appeal, having paid dividends for 41 consecutive years and currently offering a yield of 2.65%, signaling financial discipline and shareholder value focus.
Additional financial disclosures revealed that Glacier Bancorp’s fourth-quarter earnings and revenue closely aligned with analyst forecasts. The bank reported a net income of $63.8 million, or $0.49 per diluted share, while quarterly revenue amounted to $306.51 million, slightly surpassing the consensus estimate of $304.82 million. These figures reflect the ongoing integration of recent acquisitions and efforts to grow the bank’s footprint, particularly in the Southwestern United States.
Analysts observing these results note the consistency of earnings relative to expectations and the revenue outperformance as indicators of positive operational momentum. These developments spotlight Glacier Bancorp’s strategic approach to expansion and overall financial health, reinforcing DA Davidson’s confidence in the bank’s outlook.