Glacier Bancorp, Inc. (NYSE: GBCI)

Glacier Bancorp, Inc. is a Montana corporation headquartered in Kalispell, Montana that provides a full range of banking services through its wholly owned bank subsidiary Glacier Bank. The company was incorporated in 2004 as a successor to a Delaware corporation formed in 1990. Glacier Bancorp, Inc. and its subsidiaries are referred to as the Company we us our in the filing. The company’s common stock trades on the New York Stock Exchange under the ticker symbol GBCI. Glacier Bank offers retail banking business banking real estate commercial agriculture and consumer loans mortgage origination and loan servicing to individuals small to medium size businesses community organizations and public entities. As of December 31 2025 the Bank operated 281 locations consisting of 236 branches and 45 loan or administration offices across nine states including Montana Idaho Utah Washington Wyoming Colorado Arizona Nevada and Texas. The market area served by the Bank features a diversified economic base that includes tourism construction mining energy manufacturing agriculture service industries and health care.

The company generates revenue primarily from interest earned on loans and investment securities. It also earns noninterest income from fees charged on deposit accounts mortgage origination loan servicing and other banking services. Additional revenue comes from gains on the sale of loans and other assets as well as from trust and wealth management activities. Service charges on checking and savings accounts ATM fees and merchant card processing also contribute to noninterest income. The Bank’s mortgage origination business generates fees from loan underwriting processing and closing while its loan servicing unit collects servicing fees on loans held for others.

The company operates through the following segments:

• The Bank operates through eighteen bank divisions and a corporate division providing retail banking business banking real estate commercial agriculture and consumer loans mortgage origination and loan servicing to customers in Montana Idaho Utah Washington Wyoming Colorado Arizona Nevada and Texas including divisions such as The Foothills Bank Bank of the San Juans Collegiate Peaks Bank Citizens Community Bank Mountain West Bank First Bank of Montana First Security Bank First Security Bank of Missoula Glacier Bank Valley Bank Western Security Bank Heritage Bank of Nevada Guaranty Bank & Trust Altabank First Community Bank Utah Wheatland Bank First Bank and First State Bank.

Glacier Bancorp, Inc. operates as a regional bank with a strong presence in the Mountain West and Southwest regions of the United States. The company faces competition from numerous commercial banks savings and loans credit unions and internet based lenders as well as non depository financial institutions in securities insurance and retail. Glacier Bancorp differentiates itself through a community banking model local decision making a broad product suite and a growth strategy that combines organic expansion with selective acquisitions. Its diversified footprint across nine states and significant market share in several states provide a stable deposit base and lending opportunities. The bank maintains solid capital ratios that exceed regulatory minimums supporting its ability to withstand economic stress and fund growth initiatives. Long standing relationships with local communities and a focus on relationship based lending enhance its competitive advantage and help retain customers during changing market conditions. The Bank’s acquisition strategy has expanded its footprint while preserving local brand identities and management teams that understand regional market dynamics.

The company serves individuals small to medium size businesses community organizations and public entities. Retail banking customers include individuals seeking checking savings mortgage and personal loan products as well as those using online and mobile banking channels. Business banking customers consist of small and medium size enterprises across sectors such as tourism agriculture energy manufacturing health care and professional services that require commercial loans lines of credit treasury services and deposit solutions. Community organizations and public entities rely on the Bank for operating accounts payroll services municipal financing and other public finance needs. Glacier Bancorp also supports community organizations through charitable contributions volunteer programs and local development initiatives.