Glacier Bancorp Inc (NYSE:GBCI)
$ 37.72 -0.03 (-0.08%) Market Cap: 4.28 Bil Enterprise Value: 5.85 Bil PE Ratio: 21.55 PB Ratio: 1.37 GF Score: 71/100

Glacier Bancorp Inc to Acquire Community Financial Group Inc M&A Call Transcript

Aug 09, 2023 / 03:00PM GMT
Release Date Price: $33.51 (-0.59%)
Operator

Good day, and thank you for standing by. Welcome to the Glacier Bancorp Investor Conference Call. (Operator Instructions) Please be advised that today's conference is being recorded. And I would now like to hand the conference over to your speaker today, Mr. Randy Chesler, President and CEO of Glacier Bancorp. Sir, please go ahead.

Randall M. Chesler
Glacier Bancorp, Inc. - President, CEO & Director

All right. Thank you, Chris, and good morning to everybody. Thank you for joining us. I'm here in beautiful Spokane, Washington and very excited to talk to you today about our latest acquisition. Last night, after the close of business, we announced our agreement to acquire Community Financial Group, the holding company for Wheatland Bank, a community bank based right here in Spokane with a presence across Eastern Washington.

And joining me on the phone from Kalispell is Ron Copher, our Chief Financial Officer; and Tom Dolan, our Chief Credit Administrator. Wheatland, a nearly 5 decade old institution has great relationships with its customers as a

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