KALISPELL, Mont. (AP) — KALISPELL, Mont. (AP) — Glacier Bancorp Inc. (GBCI) on Thursday reported third-quarter profit of $67.9 million.
The bank, based in Kalispell, Montana, said it had earnings of 57 cents per share. Earnings, adjusted for costs related to mergers and acquisitions, were 62 cents per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 61 cents per share.
The bank holding company posted revenue of $360.4 million in the period. Its revenue net of interest expense was $260.7 million, also topping Street forecasts.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GBCI at https://www.zacks.com/ap/GBCI