Investment Thesis
Glacier Bancorp exhibits severe operational distress despite its large asset base of $31.7B. Critical concerns include an interest coverage ratio of 0.9x (unable to cover interest from operations), ROE of only 1.9% (extremely weak for a financial institution), and a 92.2% YoY revenue decline that signals fundamental business deterioration.
Strengths
- Large asset base of $31.7B provides scale and market presence
- Positive free cash flow generation of $74.3M indicates some operational cash generation
- Zero long-term debt (Debt/Equity 0.00x) reduces leverage risk in capital structure
Risks
- Interest coverage ratio of 0.9x - company cannot cover interest obligations from operating income, unsustainable position
- Return on Equity of 1.9% is critically low for a bank and indicates severely depressed profitability
- Revenue collapsed 92.2% year-over-year suggesting major business deterioration or portfolio contraction
- Return on Assets of 0.3% shows poor operational efficiency and asset utilization
- Data anomalies (negative revenue with positive operating income) suggest potential reporting or integration issues
Key Metrics to Watch
- Interest coverage ratio - must improve above 1.5x minimum for sustainability
- Net interest margin and net interest income trend
- Return on equity trajectory - needs to reach 8%+ range for adequacy
- Loan loss provision ratios and non-performing asset levels
Financial Metrics
Revenue
26.6M
Net Income
82.1M
EPS (Diluted)
$0.63
Free Cash Flow
74.4M
Total Assets
31.7B
Cash
1.4B
Profitability Ratios
Gross Margin
N/A
Operating Margin
376.1%
Net Margin
308.4%
ROE
1.9%
ROA
0.3%
FCF Margin
279.2%
Balance Sheet & Liquidity
Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
0.00x
Debt/Assets
86.6%
Interest Coverage
0.89x
Long-term Debt
N/A
Disclaimer: This analysis is generated by AI based on publicly available SEC EDGAR filings.
It does not include stock price data and should not be considered financial advice.
All fundamental data is sourced from SEC public domain filings.
Always conduct your own research before making investment decisions.
Data Source: SEC EDGAR |
Analysis Date: 2026-05-06T11:47:51.546132 |
Data as of: 2026-03-31 |
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