Glacier Net Income vs Income Tax Expense Analysis

GBCI Stock  USD 38.39  0.70  1.86%   
Glacier Bancorp financial indicator trend analysis is much more than just examining Glacier Bancorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Glacier Bancorp is a good investment. Please check the relationship between Glacier Bancorp Net Income and its Income Tax Expense accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Glacier Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more detail on how to invest in Glacier Stock please use our How to Invest in Glacier Bancorp guide.

Net Income vs Income Tax Expense

Net Income vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Glacier Bancorp Net Income account and Income Tax Expense. At this time, the significance of the direction appears to have strong relationship.
The correlation between Glacier Bancorp's Net Income and Income Tax Expense is 0.79. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Glacier Bancorp, assuming nothing else is changed. The correlation between historical values of Glacier Bancorp's Net Income and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Glacier Bancorp are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Net Income i.e., Glacier Bancorp's Net Income and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Glacier Bancorp financial statement analysis. It represents the amount of money remaining after all of Glacier Bancorp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Income Tax Expense

Most indicators from Glacier Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Glacier Bancorp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Glacier Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more detail on how to invest in Glacier Stock please use our How to Invest in Glacier Bancorp guide.As of now, Glacier Bancorp's Selling General Administrative is increasing as compared to previous years. The Glacier Bancorp's current Tax Provision is estimated to increase to about 58.1 M, while Sales General And Administrative To Revenue is projected to decrease to 0.24.
 2021 2022 2023 2024 (projected)
Operating Income349.4M437.4M307.5M322.8M
Other Operating Expenses457.9M14.3M866.5M909.9M

Glacier Bancorp fundamental ratios Correlations

0.90.60.490.520.90.950.510.890.530.710.720.520.270.430.960.470.890.90.880.260.72-0.010.840.860.85
0.90.670.60.640.990.970.570.990.640.80.860.64-0.080.460.970.51.01.00.990.110.87-0.20.720.720.93
0.60.670.940.940.580.630.980.690.940.860.920.940.11-0.250.680.930.640.680.72-0.470.91-0.040.310.240.48
0.490.60.940.980.530.560.890.620.980.890.910.98-0.02-0.350.60.960.570.60.64-0.530.850.030.210.130.46
0.520.640.940.980.580.60.880.681.00.930.941.0-0.03-0.280.650.950.610.640.68-0.510.89-0.020.230.140.52
0.90.990.580.530.580.980.470.970.580.770.810.57-0.110.520.970.430.990.990.980.170.81-0.20.750.750.95
0.950.970.630.560.60.980.530.970.610.790.810.60.00.450.980.480.980.970.970.130.82-0.160.780.780.93
0.510.570.980.890.880.470.530.60.880.750.840.880.18-0.330.570.90.540.580.63-0.50.840.00.240.170.34
0.890.990.690.620.680.970.970.60.680.830.860.68-0.050.380.970.520.980.990.980.060.9-0.140.70.690.92
0.530.640.940.981.00.580.610.880.680.930.941.0-0.02-0.280.650.950.610.650.68-0.50.89-0.010.240.160.52
0.710.80.860.890.930.770.790.750.830.930.950.93-0.080.00.830.830.770.810.82-0.330.92-0.130.430.380.76
0.720.860.920.910.940.810.810.840.860.940.950.94-0.070.040.840.850.830.860.88-0.290.96-0.130.460.40.74
0.520.640.940.981.00.570.60.880.681.00.930.94-0.03-0.280.650.950.60.640.68-0.510.88-0.020.220.140.51
0.27-0.080.11-0.02-0.03-0.110.00.18-0.05-0.02-0.08-0.07-0.03-0.160.070.13-0.1-0.08-0.080.36-0.110.60.360.35-0.16
0.430.46-0.25-0.35-0.280.520.45-0.330.38-0.280.00.04-0.28-0.160.42-0.370.480.450.40.680.02-0.390.550.620.58
0.960.970.680.60.650.970.980.570.970.650.830.840.650.070.420.540.960.970.960.140.84-0.10.770.770.93
0.470.50.930.960.950.430.480.90.520.950.830.850.950.13-0.370.540.460.510.54-0.50.760.060.190.110.36
0.891.00.640.570.610.990.980.540.980.610.770.830.6-0.10.480.960.460.990.990.120.85-0.220.730.730.93
0.91.00.680.60.640.990.970.580.990.650.810.860.64-0.080.450.970.510.990.990.10.88-0.190.720.710.93
0.880.990.720.640.680.980.970.630.980.680.820.880.68-0.080.40.960.540.990.990.040.9-0.210.70.690.9
0.260.11-0.47-0.53-0.510.170.13-0.50.06-0.5-0.33-0.29-0.510.360.680.14-0.50.120.10.04-0.340.370.430.520.22
0.720.870.910.850.890.810.820.840.90.890.920.960.88-0.110.020.840.760.850.880.9-0.34-0.180.450.390.73
-0.01-0.2-0.040.03-0.02-0.2-0.160.0-0.14-0.01-0.13-0.13-0.020.6-0.39-0.10.06-0.22-0.19-0.210.37-0.18-0.06-0.05-0.22
0.840.720.310.210.230.750.780.240.70.240.430.460.220.360.550.770.190.730.720.70.430.45-0.060.990.71
0.860.720.240.130.140.750.780.170.690.160.380.40.140.350.620.770.110.730.710.690.520.39-0.050.990.72
0.850.930.480.460.520.950.930.340.920.520.760.740.51-0.160.580.930.360.930.930.90.220.73-0.220.710.72
Click cells to compare fundamentals

Glacier Bancorp Account Relationship Matchups

Glacier Bancorp fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding88.4M94.9M99.4M110.8M110.9M116.4M
Total Assets13.7B18.5B25.9B26.6B27.8B29.2B
Short Long Term Debt Total207.3M173.0M176.7M2.0B4.5B4.7B
Other Current Liab(4.7M)(3.3M)(2.4M)(4.3M)17.0B17.9B
Total Current Liabilities4.7M3.3M2.4M4.3M21.2B22.3B
Total Stockholder Equity2.0B2.3B3.2B2.8B3.0B3.2B
Property Plant And Equipment Net310.3M325.3M372.6M398.1M421.8M442.9M
Net Debt(123.6M)(460.1M)(261.0M)1.6B3.1B3.3B
Retained Earnings541.1M667.9M810.3M967.0M1.0B1.1B
Accounts Payable4.7M3.3M2.4M4.3M125.9M132.2M
Cash331.0M633.1M437.7M402.0M1.4B1.4B
Non Current Assets Total3.6B6.4B11.8B10.5B26.4B27.7B
Non Currrent Assets Other(2.0M)(82.1M)(27.7M)(193.2M)23.6B24.7B
Other Assets7.1B6.0B4.5B10.3B11.9B7.1B
Cash And Short Term Investments2.9B6.0B9.6B5.7B1.4B1.6B
Net Receivables56.0M75.5M76.7M83.5M94.5M99.3M
Liabilities And Stockholders Equity13.7B18.5B25.9B26.6B27.8B29.2B
Non Current Liabilities Total207.3M196.9M176.7M4.3M3.5B3.7B
Other Stockholder Equity1.4B1.5B2.3B2.3B2.4B2.5B
Total Liab11.7B16.2B22.8B23.8B24.8B26.0B
Property Plant And Equipment Gross310.3M325.3M546.2M583.0M623.0M654.1M
Total Current Assets3.0B6.0B9.7B5.8B1.5B1.4B
Short Term Debt603.9M1.0B1.0B2.8B4.2B4.4B
Accumulated Other Comprehensive Income40.2M143.1M27.4M(468.8M)(374.1M)(355.4M)
Other Current Assets392.2M710.4M514.4M485.6M1.5B2.3B
Common Stock Total Equity923K954K1.1M1.1M1.3M664.4K
Common Stock923K954K1.1M1.1M1.1M686.6K
Other Liab121.1M218.7M225.9M178.4M205.2M215.4M
Long Term Debt168.7M173.0M176.7M2.0B3.0B3.1B
Good Will289.6M456.4M514.0M985.4M1.1B1.2B
Short Term Investments2.6B5.3B9.2B5.3B4.8B2.5B
Inventory(392.2M)(710.4M)(514.4M)(485.6M)(17.5B)(16.6B)
Intangible Assets63.3M55.5M52.3M41.6M31.9M34.7M
Property Plant Equipment310.3M325.3M372.6M398.1M457.8M480.7M
Net Tangible Assets1.4B1.7B2.1B1.8B2.1B1.3B
Retained Earnings Total Equity541.1M667.9M810.3M967.0M1.1B1.2B
Long Term Debt Total168.7M173.0M176.7M210.1M241.6M165.6M
Capital Surpluse1.4B1.5B2.3B2.3B2.7B2.8B
Long Term Investments12.3B5.7B10.4B9.1B8.3B7.3B
Non Current Liabilities Other773.4M1.2B1.2B3.0B3.4B3.6B

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When determining whether Glacier Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Glacier Bancorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Glacier Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Glacier Bancorp Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Glacier Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more detail on how to invest in Glacier Stock please use our How to Invest in Glacier Bancorp guide.
Note that the Glacier Bancorp information on this page should be used as a complementary analysis to other Glacier Bancorp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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When running Glacier Bancorp's price analysis, check to measure Glacier Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Glacier Bancorp is operating at the current time. Most of Glacier Bancorp's value examination focuses on studying past and present price action to predict the probability of Glacier Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Glacier Bancorp's price. Additionally, you may evaluate how the addition of Glacier Bancorp to your portfolios can decrease your overall portfolio volatility.
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Is Glacier Bancorp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Glacier Bancorp. If investors know Glacier will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Glacier Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.47)
Dividend Share
1.32
Earnings Share
2.01
Revenue Per Share
6.893
Quarterly Revenue Growth
(0.09)
The market value of Glacier Bancorp is measured differently than its book value, which is the value of Glacier that is recorded on the company's balance sheet. Investors also form their own opinion of Glacier Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Glacier Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Glacier Bancorp's market value can be influenced by many factors that don't directly affect Glacier Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Glacier Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Glacier Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Glacier Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.