Glacier Bancorp Confirms GBCI NYSE Listing in 8-K Filing

Ticker: GBCI · Form: 8-K · Filed: Feb 13, 2024 · CIK: 868671

Complexity: simple

Sentiment: neutral

Topics: administrative, exchange-listing, 8-K

TL;DR

**GBCI filed a routine 8-K confirming its NYSE listing; no major news.**

AI Summary

Glacier Bancorp, Inc. filed an 8-K on February 12, 2024, to update its trading symbol to GBCI on The New York Stock Exchange. This filing, categorized under 'Other Events,' primarily serves to confirm the company's current listing details and its status as a Montana-incorporated state commercial bank. For investors, this filing is a routine administrative update, confirming the stock's continued trading on a major exchange, which is important for liquidity and visibility.

Why It Matters

This filing confirms Glacier Bancorp's stock (GBCI) is actively traded on the NYSE, ensuring continued market access and liquidity for investors.

Risk Assessment

Risk Level: low — This 8-K is an administrative filing with no material financial or operational changes, posing minimal risk.

Analyst Insight

Investors should view this as a routine administrative update, confirming the company's listing details. No immediate action is required based on this filing alone, but it reinforces the stock's continued presence on a major exchange.

Key Numbers

Key Players & Entities

Forward-Looking Statements

FAQ

What is the purpose of this 8-K filing by Glacier Bancorp, Inc.?

This 8-K filing, dated February 12, 2024, is categorized under 'Other Events' and primarily serves to confirm the company's current trading symbol, GBCI, and its registration on The New York Stock Exchange, as well as other administrative details.

What is Glacier Bancorp, Inc.'s trading symbol and on which exchange is it listed?

Glacier Bancorp, Inc.'s trading symbol is GBCI, and its Common Stock, $0.01 par value, is registered on The New York Stock Exchange.

When was the earliest event reported in this 8-K filing?

The date of the earliest event reported in this 8-K filing is February 12, 2024.

What is the state of incorporation for Glacier Bancorp, Inc.?

Glacier Bancorp, Inc. is incorporated in Montana, as stated in the filing.

Is Glacier Bancorp, Inc. considered an emerging growth company according to this filing?

The filing indicates that Glacier Bancorp, Inc. is NOT checking the box for being an emerging growth company, meaning it does not meet that definition as per Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

Filing Stats: 933 words · 4 min read · ~3 pages · Grade level 13.8 · Accepted 2024-02-12 20:02:56

Key Financial Figures

Filing Documents

01 Other Events

Item 8.01 Other Events On February 12, 2024, Glacier Bancorp, Inc. ("GBCI")'s wholly owned subsidiary, Glacier Bank, entered into a Purchase and Assumption Agreement (the "Purchase Agreement") with HTLF Bank ("HTLF"), a wholly owned subsidiary of Heartland Financial USA, Inc., to acquire six Montana branch locations of HTLF (the "Branches") including the deposits, loans, owned real estate and fixed and other assets associated with the Branches. The six branches Glacier Bank will acquire are: 2615 King Ave. W, Billings, MT 2929 3rd Ave. N, Billings, MT 2901 W Main St., Bozeman, MT 115 E First Ave, Plentywood, MT 220 Main St., Stevensville, MT 101 E Legion St., Whitehall, MT Upon closing of the transaction, Glacier Bank intends that the Branches will join Glacier Bank divisions operating in Montana . Consummation of the transaction is subject to required regulatory approvals and other customary conditions of closing. It is currently anticipated that the closing of the transaction will take place in the third quarter of 2024. Glacier Bank was advised in the transaction by D.A. Davidson & Co. as financial advisor and Miller Nash LLP as legal counsel.

Forward-Looking Statements

Forward-Looking Statements This current report on Form 8-K and its Exhibits contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as "anticipate," "estimate," "expect," "will," and similar references to future periods. Such forward-looking statements include but are not limited to statements regarding the expected closing of the transaction and the potential benefits of the purchase and assumption transaction involving Glacier Bank and the Branches, including future financial and operating results, Glacier Bank's plans, objectives, expectations and intentions, and other statements that are not historical facts. These forward-looking statements are subject to risks and uncertainties, many of which are outside of our control, that may cause actual results or events to differ materially from those expected or projected, including but not limited to the following: risks that the transaction will not close when expected or at all because required regulatory or other approvals or conditions to closing are delayed or not received or satisfied on a timely basis or at all; risks that the benefits from the transaction may not be fully realized or may take longer to realize than expected, including as a result of changes in deposit levels at the Branches prior to closing, losses of customers or key employees following announcement of the transaction, general economic and market conditions, regulatory considerations, interest and exchange rates, monetary policy, laws and regulations and their enforcement, and the degree of competition in the geographic and business areas in which Glacier Bank and the Branches operate; uncertainties regarding the ability of Glacier Bank to promptly and effectively integrate the assets and deposit liabilities of the Branches; changes in business and operational strategies that may occur between signing and closing; uncertainties r

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: February 12, 2024 GLACIER BANCORP, INC. /s/ Randall M. Chesler By: Randall M. Chesler President and Chief Executive Officer

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