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Glacier Bancorp (GBCI) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 4, 2026

Glacier Bancorp (GBCI) reported revenue of $318M for the second quarter 2026 (Q2 2026), +32% from a year earlier and +4% from the quarter before. Operating margin was 39.2%, net earnings $97.9M (30.8% of revenue).

Revenue$318M
Year over year+32%
Quarter over quarter+4%
Operating margin39.2%
Net earnings$97.9M

Glacier Bancorp, Q2 2026: revenue $318M (+32% year over year), operating margin 39.2%, net earnings $97.9M, operating cash flow $121M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$318M+4%+32%
Operating profit$124M+24%+91%
Net earnings$97.9M+19%+85%
Operating cash flow$121M+37%+40%
Free cash flow$112M+50%+40%

What changed

Revenue was $317.5M in Q2 2026, up 32% year over year and up 4% from the previous quarter.

Operating profit was $124.5M, a 39.2% margin (up 12.1 points year over year). Of the extra revenue versus Q2 2025, 77% reached operating profit, above the 27% margin then. Total costs grew 10% against revenue growth of 32%. The fastest-growing cost line was Noninterest expense (+20%). Net earnings were $97.9M, up 85% year over year. The effective tax rate was 21.4%.

Operating cash flow was $120.8M (up 40% year over year), 123% of net earnings. Non-cash charges added back $2.5M of share-based compensation. Working capital and other items added $20.4M. Capital expenditures of $9.1M left free cash flow of $111.7M.

Questions

What was Glacier Bancorp's revenue in the second quarter 2026?

Glacier Bancorp (GBCI) reported revenue of $318M for the second quarter 2026 (Q2 2026), +32% from a year earlier and +4% from the quarter before.

Was Glacier Bancorp profitable in the second quarter 2026?

Operating profit was $124M (39.2% of revenue) and net earnings $97.9M.

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Source: Glacier Bancorp 10-Q on SEC EDGAR.