Glacier Bancorp (GBCI) Stock Forecast & Price Target

Glacier Bancorp is positioned for robust growth, with its markets projected to expand at twice the national average over the next five years, potentially facilitating above-peer growth rates. The bank is expected to achieve significant margin improvements, with net interest margins anticipated to rise to approximately 4.00% by the end of 2026, bolstered by ongoing back-book repricing and the maturation of term FHLB funding. Additionally, Glacier Bancorp's earnings per share (EPS) are forecasted to grow substantially, with an expected growth of 76% from 2024 to 2026, further establishing its profitability and competitive standing in the regional banking sector.

Glacier Bancorp Inc. has seen a decline in its earnings projections for 2026, with estimates reduced by 9% to $2.86, contributing to the stock's poor performance alongside a significant underperformance compared to the KRX index, trailing by 11% since the release of its 3Q25 results. The bank’s net interest margin (NIM) has experienced a notable decline, falling to 2.56% in 4Q23, which is substantially lower than pre-pandemic levels above 4%, creating concerns about revenue generation amid increased caution about NIM assumptions. Additionally, although the bank previously recorded strong growth and premium multiples, its shares have lagged behind the market, declining by 3.3% year-to-date, and showing signs of pushing towards decade-low valuation levels.