Glacier Bancorp Net Income Common Stock vs Gross Profit Analysis

GBCI -- USA Stock  

USD 41.36  0.43  1.05%

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 Common Stock and its Gross Profit accounts. Please also check Risk vs Return Analysis.

Net Income Common Stock vs Gross Profit

Accounts Relationship

Net Income Common Stock vs Gross Profit

Significance: Strong Relationship

Net Income Common Stock diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Glacier Bancorp Net Income Common Stock account and Gross Profit

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Income Common Stock

The amount of net income (loss) for the period due to common shareholders. Typically differs from [NetInc] to the parent entity due to the deduction of [PrefDivIS].

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Glacier Bancorp minus its cost of goods sold. It is profit before Glacier Bancorp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. Aggregate revenue [Revenue] less cost of revenue [CoR] directly attributable to the revenue generation activity.
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