Glacier Bancorp Q1 Profit Up - Quick Facts

(RTTNews) - Glacier Bancorp, Inc. (GBCI) Monday reported first-quarter profit of $26.7 million or $0.36 per share, up from $20.8 million or $0.29 per share in the same period last year.

On average, eight analysts polled by Thomson Reuters expected the company to earn $0.37 per share for the quarter. Analysts' estimates typically exclude special items.

Net-interest income increased to $67.45 million from $50.50 million last year. Net-interest margin was 4.02 percent, compared to 3.14 percent last year. Non-interest income totaled $19.39 million, down from $22.95 million last year.

Efficiency ratio for the quarter was 53 percent, compared to 55 percent last year.