Glacier Bancorp, Inc. · NYSE:GBCI
Glacier Bancorp — Shareholder Meeting (April 2026)
18 slides from Glacier Bancorp's shareholder meeting presentation, April 2026
Slide 1: 2026 Annual Meeting
2026 Annual Meeting April 2026 Glacier National Park, Montana
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation contains forward-looking statements within the meaning of the Private Securities 7) Costs or difficulties related to the completion and integration of future or recently completed Litigation Reform Act of 1995. These forward-looking statements include, bu
Slide 3: Use and Reconciliation of Non-GAAP Financial Measures
Use and Reconciliation of Non-GAAP Financial Measures Certain financial measures and ratios the Company presents are supplemental measures that are not required by, or are not presented in accordance with, U.S. generally accepted accounting principles (“GAAP”). The Company refers to these financial
Slide 4: A Family of Market-Focused Community Banks
A Family of 18 Market-Focused Community Banks Geographically diversified footprint across Mountain West and Southwestern U.S. markets Backed by: $30B+ balance sheet Best-in-class technology Centralized risk, compliance, and data governance Streamlined under 1 banking charter and 1 technology platfor
Slide 5: 2025 Key Accomplishments
Net income of $239 million, up 26% from 2024 Surpassed $30 billion asset milestone, up 15% from 2024 Q4 2025 NIM of 3.58%, up 61 basis points from Q4 2024 NIM Loans increased $3.7 billion, up 21% from 2024 Deposits increased $4.0 billion, up 20% from 2024 2025 Key Accomplishments Pristine credit qua
Slide 6: Proven Profitability
Proven Profitability 4Q25 Operating diluted EPS of $0.69 vs $0.53 in 4Q24 Operating net income increased $53.6 million from 1Q24 Operating diluted EPS more than doubled from 1Q24 through 4Q25 through 4Q25, reflecting sustained earnings momentum $ per share Operating Diluted EPS (non-GAAP) 1 $0.69 $
Slide 7: Proven Track Record of Growing Assets
Proven Track Record of Growing Assets Asset Trends $ in millions $31,978 $32,000 4Q25 Total Assets of $30,000 $29,010 $29,016 $32.0 billion vs $27.9 $28,206 billion in 4Q24 $27,903 $27,859 $27,822 $27,805 $28,000 $26,000 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 7
Slide 8: Net Interest Income Growth and Margin Lift
Net Interest Income Growth and Margin Lift Net Interest Income (NII) and Margin (NIM) $ in millions $266 4Q25 NII of $266 million vs $191 million $225 $208 3.58% in 4Q24, representing $191 $190 3.39% an increase of ~39% $180 3.21% $166 $166 2.97% 3.04% 4Q25 NIM of 3.58% vs 2.83% 2.97% in 4Q24, 2.68%
Slide 9: Track Record of Strong Organic Loan Growth and Accretive Acquisitions
Track Record of Strong Organic Loan Growth and Accretive Acquisitions Total Loans ($ in billions) 25 Organic Acquired $20.7 20 $17.1 $16.0 $15.1 15 $11.3 $13.3 $8.2 $7.5 $11.1 $7.5 10 $9.5 $7.5 $8.2 $5.6 $6.5 $5.1 $5.6 $4.3 $5.0 5 $4.1 $4.0 $4.0 $4.4 $3.3 $8.9 $9.4 $3.6 $3.7 $3.4 $3.4 $3.0 $8.5 $3.2
Slide 10: Best in Class Core Deposits
Best in Class Core Deposits Interest-Bearing Deposit Costs Well Below Peer Average Attractive Value Proposition • Convenient, community-based branch network • Low-cost, competitively priced products and solutions 3.17% • High-quality, relationship-driven service model 2.73% 2.49% Granular and Stable
Slide 11: Superior Credit Quality
Superior Credit Quality Net Charge Offs as a % of Total Loans ACL as a % of Total Loans 0.27% 0.28% 0.26% 0.22% 1.27% 1.28% 1.27% 1.27% 0.11% 0.09% 1.23% 0.07% 0.07% 0.08% 1.22% 1.22% 1.22% 0.06% 0.02% 1.19% 1.22% 0.05% 2020 2021 2022 2023 2024 2025 4Q24 1Q25 2Q25 3Q25 4Q25 GBCI Peers GBCI Peers NPA
Slide 12: 2025 Acquisitions
2025 Acquisitions • Total assets of $1.4 billion • Total assets of $3.4 billion • Founded in 1985 and headquartered in • Bank founded in 1913 and Idaho Falls, Idaho headquartered in Mount Pleasant, Texas • 15 branches • 33 branches • Locations in East Texas, Dallas/Fort • Locations in Eastern Idaho,
Slide 13: Commitment to our Communities
Over 36,000 hours with over 1,500 different organizations Originated over $770 million in community development Commitment to loans our Communities Increased community development investments by $62 million Missoula, Montana 13
Slide 14: Balanced Capital Allocation Strategy
Balanced Capital Allocation Strategy Dividend History Core Focus Areas: $ per share $1.30 $1.20 $1.10 $1.00 Shareholder $0.90 Organic Returns via M&A Growth Dividends $0.80 $0.70 $0.60 $0.50 The Company has declared 163 consecutive quarterly dividends 14
Slide 15: Non-GAAP Financial Measures and Reconciliations
Non-GAAP Financial Measures and Reconciliations (Dollars in thousands) 4Q25 3Q25 2Q25 1Q25 4Q24 3Q24 2Q24 1Q24 Net Income $ 63,779 67,900 52,781 54,568 61,754 51,055 44,708 32,627 Operating adjustments Loan interest (recovery) reversal (693) (104) 190 14 (238) 18 (826) (585) (Gain) loss on securitie
Slide 16: Looking Ahead
Looking Ahead Grand Teton National Park, Wyoming 16
Slide 17: 2026 Outlook
2026 Outlook “As well positioned as any bank to thrive in ’26.” Jeff Rulis, DA Davidson “We believe the company remains an acquirer of choice in its nine- state footprint, where we expect it to remain active in M&A …” David Feaster, Jr, Raymond James “ Greater NIM visibility via asset repricing and
Slide 18: Glacier National Park, Montana
Glacier National Park, Montana 18