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Stock impact report

Glacier Bancorp to acquire Bank of Idaho for $245.4m [Yahoo! Finance]

Glacier Bancorp, Inc. (GBCI) 
Last glacier bancorp, inc. earnings: 4/23 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: glacierbancorp.com
Company Research Source: Yahoo! Finance
The deal is slated for completion in the second quarter of this year, contingent on regulatory and shareholder approvals. As of 30 September 2024, Bank of Idaho reported total assets of $1.3bn, total loans of $1bn, and total deposits of $1.1bn. This move is set to expand Glacier's footprint, integrating Idaho Falls-headquartered Bank of Idaho branches with its three existing divisions. The acquisition will see seven Bank of Idaho branches in eastern Idaho, including Ashton, Idaho Falls, Idaho Falls Mortgage, Island Park, Pocatello, Pocatello Mortgage, and St. Anthony, join Citizens Community Bank. In the Treasure Valley region, branches in Boise, Nampa, and Twin Falls Mortgage will become part of Mountain West Bank. Additionally, five locations in Eastern Washington—Dayton, Kennewick, Pasco, Sunnyside, and Yakima—will join Wheatland Bank. Under the agreed terms, Bank of Idaho shareholders will receive 1.1 shares of Glacier stock for each share held, subject to certain adj Show less Read more
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