KALISPELL, Mont. (AP) — KALISPELL, Mont. (AP) — Glacier Bancorp Inc. (GBCI) on Thursday reported first-quarter earnings of $32.6 million.
The bank, based in Kalispell, Montana, said it had earnings of 29 cents per share.
The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 33 cents per share.
The bank holding company posted revenue of $309.4 million in the period. Its revenue net of interest expense was $196.5 million, also falling short of Street forecasts. Three analysts surveyed by Zacks expected $200.6 million.
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