Glacier Bancorp Revenues 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 Revenues and its Gross Profit accounts. Please also check Risk vs Return Analysis.

Revenues vs Gross Profit

Accounts Relationship

Revenues vs Gross Profit

Significance: Totally Related

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

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Revenues

Revenues refers to the total amount of money received by Glacier Bancorp for goods sold or services provided during a certain time period. It also includes all of Glacier Bancorp sales as well as any other increase in Glacier Bancorp equity.Revenues are reported on Glacier Bancorp income statement and calculated before any expenses are subtracted. Amount of Revenue recognized from goods sold; services rendered; insurance premiums; or other activities that constitute an earning process. Interest income for financial institutions is reported net of interest expense and provision for credit losses.

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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