What's priced into Glacier Bancorp, Inc.?
What do you have to believe to make money in Glacier Bancorp, Inc. at $46.40? The stock trades at 18.8x trailing earnings and the Street expects about 21% growth a year. The question is where do we go from here?
Growth down the side, exit multiple across the top, your five-year annualized return in each cell.
5-year annualized return · growth vs exit multiple
| EPS growth ↓ · Exit multiple → | 9.4x −50% | 14.1x −25% | 18.8x today | 23.5x +25% | 20.6x 5y median |
|---|---|---|---|---|---|
| −10% (decline) | −22% | −15% | −10% | −6% | −9% |
| 0% (no growth) | −13% | −6% | +0% | +5% | +2% |
| 10% (half) | −4% | +4% | +10% | +15% | +12% |
| 21% (Street consensus) | +5% | +14% | +21% | +26% | +23% |
| 26% (beat) | +10% | +19% | +26% | +32% | +28% |
| 31% (big beat) | +14% | +24% | +31% | +37% | +34% |
“Glacier Bancorp printed record net income on July 23 and the stock has fallen 17% from its July high since, which is the market declining to treat the June quarter as a run rate.”
From our GBCI write-up.
Read the GBCI write-up →Method. Trailing diluted EPS of $2.47 (price $46.40 ÷ 18.8x trailing P/E; data from Financial Modeling Prep, September 3, 2026). Exit multiples are anchored to the stock itself: 50% and 25% below today's multiple, today's, 25% above, and its own five-fiscal-year median of 20.6x. Growth rows are anchored to the Street’s forward consensus: a decline at half the center rate, zero, half, the center, 25% above, and 50% above. Cell shading scales with the return, green positive, red negative. Each cell: EPS compounds at the row's rate for five years, the stock is valued at the column's multiple in year five, and the result is the annualized return against today's price. Dividends and buybacks excluded. An illustrative surface, not a forecast and not a call.