GLACIER BANCORP INC (GBCI) Stock Fundamental Analysis
NYSE:GBCI - New York Stock Exchange, Inc. - US37637Q1058 - Common Stock - Currency: USD
We assign a fundamental rating of 3 out of 10 to GBCI. GBCI was compared to 397 industry peers in the Banks industry. GBCI has a bad profitability rating. Also its financial health evaluation is rather negative. GBCI is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
GBCI had positive earnings in the past year.
GBCI had a positive operating cash flow in the past year.
In the past 5 years GBCI has always been profitable.
GBCI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
GBCI has a Return On Assets (0.76%) which is in line with its industry peers.
The Return On Equity of GBCI (6.45%) is worse than 66.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.76% | ||
| ROE | 6.45% | ||
| ROIC | N/A |
ROA(3y)0.87%
ROA(5y)1.03%
ROE(3y)7.98%
ROE(5y)8.89%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
GBCI's Profit Margin of 24.68% is in line compared to the rest of the industry. GBCI outperforms 56.17% of its industry peers.
GBCI's Profit Margin has declined in the last couple of years.
GBCI does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 24.68% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-13.51%
PM growth 5Y-7.22%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
GBCI does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, GBCI has more shares outstanding
The number of shares outstanding for GBCI has been increased compared to 5 years ago.
Compared to 1 year ago, GBCI has an improved debt to assets ratio.
2.2 Solvency
GBCI has a debt to FCF ratio of 6.50. This is a slightly negative value and a sign of low solvency as GBCI would need 6.50 years to pay back of all of its debts.
With a Debt to FCF ratio value of 6.50, GBCI is not doing good in the industry: 74.06% of the companies in the same industry are doing better.
GBCI has a Debt/Equity ratio of 0.63. This is a neutral value indicating GBCI is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.63, GBCI is not doing good in the industry: 79.85% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.63 | ||
| Debt/FCF | 6.5 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC10.38%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
GBCI shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 6.29%.
GBCI shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -7.00% yearly.
GBCI shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.46%.
The Revenue has been growing slightly by 5.61% on average over the past years.
EPS 1Y (TTM)6.29%
EPS 3Y-16.9%
EPS 5Y-7%
EPS Q2Q%65.52%
Revenue 1Y (TTM)8.46%
Revenue growth 3Y1.05%
Revenue growth 5Y5.61%
Sales Q2Q%14.12%
3.2 Future
The Earnings Per Share is expected to grow by 33.55% on average over the next years. This is a very strong growth
GBCI is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 15.09% yearly.
EPS Next Y34.89%
EPS Next 2Y33.55%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year15.89%
Revenue Next 2Y15.09%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 24.83, the valuation of GBCI can be described as rather expensive.
Based on the Price/Earnings ratio, GBCI is valued expensively inside the industry as 83.88% of the companies are valued cheaper.
GBCI's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.30.
A Price/Forward Earnings ratio of 15.51 indicates a correct valuation of GBCI.
Based on the Price/Forward Earnings ratio, GBCI is valued a bit more expensive than the industry average as 74.31% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.76, GBCI is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.83 | ||
| Fwd PE | 15.51 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of GBCI indicates a slightly more expensive valuation: GBCI is more expensive than 68.51% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.22 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
GBCI's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as GBCI's earnings are expected to grow with 33.55% in the coming years.
PEG (NY)0.71
PEG (5Y)N/A
EPS Next 2Y33.55%
EPS Next 3YN/A
5. Dividend
5.1 Amount
GBCI has a Yearly Dividend Yield of 2.83%.
Compared to an average industry Dividend Yield of 3.31, GBCI has a dividend in line with its industry peers.
GBCI's Dividend Yield is a higher than the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.83% |
5.2 History
The dividend of GBCI decreases each year by -1.00%.
GBCI has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of GBCI decreased recently.
Dividend Growth(5Y)-1%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
GBCI pays out 70.77% of its income as dividend. This is not a sustainable payout ratio.
DP70.77%
EPS Next 2Y33.55%
EPS Next 3YN/A
46.19
-0.47 (-1.01%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners81.19%
Inst Owner Change0%
Ins Owners0.45%
Ins Owner Change4.89%
Market Cap5.48B
Analysts81.67
Price Target49.3 (6.73%)
Short Float %2.85%
Short Ratio4.84
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.83% |
Yearly Dividend1.34
Dividend Growth(5Y)-1%
DP70.77%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1%
Min EPS beat(2)-0.47%
Max EPS beat(2)2.47%
EPS beat(4)3
Avg EPS beat(4)2.84%
Min EPS beat(4)-0.47%
Max EPS beat(4)5.76%
EPS beat(8)5
Avg EPS beat(8)3.09%
EPS beat(12)5
Avg EPS beat(12)0.42%
EPS beat(16)8
Avg EPS beat(16)1.64%
Revenue beat(2)0
Avg Revenue beat(2)-5.47%
Min Revenue beat(2)-7.71%
Max Revenue beat(2)-3.23%
Revenue beat(4)1
Avg Revenue beat(4)-3.16%
Min Revenue beat(4)-7.71%
Max Revenue beat(4)1.68%
Revenue beat(8)2
Avg Revenue beat(8)-2.06%
Revenue beat(12)6
Avg Revenue beat(12)1.2%
Revenue beat(16)10
Avg Revenue beat(16)4.71%
PT rev (1m)0%
PT rev (3m)-15.45%
EPS NQ rev (1m)-13.13%
EPS NQ rev (3m)-9.29%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.48%
Revenue NQ rev (1m)3.48%
Revenue NQ rev (3m)-0.31%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-7.03%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.83 | ||
| Fwd PE | 15.51 | ||
| P/S | 6.37 | ||
| P/FCF | 17.22 | ||
| P/OCF | 14.89 | ||
| P/B | 1.66 | ||
| P/tB | 2.5 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.86
EY4.03%
EPS(NY)2.98
Fwd EY6.45%
FCF(TTM)2.68
FCFY5.81%
OCF(TTM)3.1
OCFY6.71%
SpS7.26
BVpS27.76
TBVpS18.48
PEG (NY)0.71
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.76% | ||
| ROE | 6.45% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 24.68% | ||
| GM | N/A | ||
| FCFM | 36.96% |
ROA(3y)0.87%
ROA(5y)1.03%
ROE(3y)7.98%
ROE(5y)8.89%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-13.51%
PM growth 5Y-7.22%
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.63 | ||
| Debt/FCF | 6.5 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 116.62% | ||
| Cap/Sales | 5.78% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 149.73% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score8
WACC10.38%
ROIC/WACCN/A
Cap/Depr(3y)104.04%
Cap/Depr(5y)75.88%
Cap/Sales(3y)4.81%
Cap/Sales(5y)3.42%
Profit Quality(3y)153.47%
Profit Quality(5y)144.94%
High Growth Momentum
Growth
EPS 1Y (TTM)6.29%
EPS 3Y-16.9%
EPS 5Y-7%
EPS Q2Q%65.52%
EPS Next Y34.89%
EPS Next 2Y33.55%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)8.46%
Revenue growth 3Y1.05%
Revenue growth 5Y5.61%
Sales Q2Q%14.12%
Revenue Next Year15.89%
Revenue Next 2Y15.09%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-31.41%
FCF growth 3Y-28.03%
FCF growth 5Y-0.04%
OCF growth 1Y-25.14%
OCF growth 3Y-23.31%
OCF growth 5Y2.63%