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Bank underprovisioned. NPAs up 47% and 30-89 days delinquents up 21% while reserve up only 16 bps. GBCI has a lot of lot and land loans that are not marked appropriately. Valuation is expensive. Buy closer to $12 per share.
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| Subject | Author | Rating | Time of Post (ET) | ||
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Weak quarter - looks like credit is deteriorating faste...
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jssssb | Not rated | 24-Apr-09 08:22 am | ||
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nice try shorty. how is your ael short doing? l...
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mikej99936 | Rate it | 24-Apr-09 01:46 pm | ||
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I agree! Glacier appears to have a lot of exposure...
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exmpc | Rate it | 8-Jul-09 06:17 pm | ||
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Have you been there? It looked as busy as ev...
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fortunatest... | Rate it | 9-Jul-09 05:45 pm | ||
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I took a tour of Big Fork In June and ju...
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exmpc | Rate it | 9-Jul-09 07:43 pm | ||
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do you think all those million doll...
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mikej99936 | Rate it | 9-Jul-09 09:37 pm | ||
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Traffic on the 4th.
Hwy 82, 93, 35...
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fortunatest... | Rate it | 4-Aug-09 01:06 am | ||
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They issued stock last year to...
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jandctl | Rate it | 1-Sep-09 11:06 am | ||
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Bought the bank in WY wit...
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pikuspapa | Rate it | 22-Sep-09 03:18 pm | ||
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Unless you guys are working for GBCI, where a...
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gwilliamson... | (2 Ratings) | 10-Jul-09 04:59 pm | ||
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I recently shorted Glacier. As such, my ...
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exmpc | Rate it | 10-Jul-09 11:02 pm | ||
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The foward p/e is 18. You don't hav...
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cooldr.mone... | Rate it | 11-Jul-09 01:48 am | ||
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Did you cover yet?
If not, what ...
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huang_soro | Rate it | 30-Jul-09 10:47 am |
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