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Glacier Bancorp Q4 Profit Rises

Glacier Bancorp Inc. (GBCI) Thursday reported fourth-quarter net earnings of $14.3 million or $0.20 per share, compared to $9.6 million or $0.13 per share last year.

On average, 10 analysts polled by Thomson Reuters expected earnings of $0.20 per share for the quarter. Analysts' estimates typically exclude one-time items.

Total net interest income for the quarter was $58.5 million compared to $56.7 million last year. Total non-interest income for the quarter was $22.0 million compared to $30.0 million last year.

Analysts estimated revenues of $53.59 million for the quarter.

Net interest margin was lower at 3.74 percent compared to 3.91 percent a year ago.

by RTTNews Staff Writer

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