Keefe Bruyette raises target for Glacier Bancorp stock to USD 56.00

Published on 10/27/2026 at 22:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Net income hit USD 104.6 million in third-quarter 2026. Glacier Bancorp stock was USD 49.06 on October 27, 2026, up 0.12 percent on NYSE.

Keefe Bruyette target rises

Keefe Bruyette raised its Glacier Bancorp target from USD 55.00 to USD 56.00 on October 26, 2026.
Third-quarter net income reached USD 104.6 million on October 22, 2026, up 7.00 percent from the prior quarter.
Glacier Bancorp stock was last at USD 49.06 on October 27, 2026 at 4:00 p.m. EDT, up 0.12 percent versus USD 49.00.
The company reported a 4.01 percent third-quarter net interest margin and a USD 6.4 billion market capitalization.

GBCI, US37637Q1058, Illustration mit AI erstellt.

Glacier Bancorp, Inc. (ISIN US37637Q1058) drew a higher valuation from Keefe Bruyette on October 26, 2026, when analyst Kelly Motta raised the price target from USD 55.00 to USD 56.00 while keeping an Outperform rating, Markets Insider reported. At the NYSE, the stock last traded at USD 49.06 on October 27, 2026 at 4:00 p.m. EDT, up 0.12 percent from USD 49.00.

Earnings support the target

Glacier Bancorp reported third-quarter net income of USD 104.6 million on October 22, 2026, up 7.00 percent from USD 97.9 million in the second quarter and 54.00 percent from USD 67.9 million a year earlier. The company also posted diluted earnings per share of USD 0.80, compared with USD 0.75 in the prior quarter, according to GlobeNewswire.

Margins and credit metrics matter

The third-quarter net interest margin was 4.01 percent, up from 3.90 percent in the second quarter and 3.39 percent in the third quarter of 2025. Net interest income rose to USD 289.9 million from USD 276.4 million sequentially, while total deposits reached USD 25.3 billion at September 30, 2026.

The same release reported a 56.08 percent efficiency ratio and USD 90.6 million of non-performing assets at September 30, 2026. The quarterly dividend was USD 0.35 per share, up 6.00 percent from the prior quarter.

Comparison with peers

Glacier Bancorp: up 0.12 percent, P/E 18.37, market capitalization USD 6.4 billion.

Zions Bancorporation (NYSE, USD): down 0.38 percent, P/E 8.05, market capitalization USD 9.6 billion.

Community Bank System (NYSE, USD): up 0.08 percent, P/E 14.47, market capitalization USD 3.3 billion.

Target leaves room for debate

Keefe Bruyette's USD 56.00 target stands 14.15 percent above the latest NYSE price of USD 49.06. The gap reflects the market's valuation of improving margins and earnings against the bank's credit-quality figures, including non-performing assets of USD 90.6 million at September 30, 2026.

Glacier Bancorp was last at USD 49.06 on October 27, 2026 at 4:00 p.m. EDT on the NYSE, up 0.12 percent versus the prior close of USD 49.00.