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Glacier Bancorp (Glacier Bancorp) Cyclically Adjusted FCF per Share : $3.55 (As of Mar. 2024)


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What is Glacier Bancorp Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Glacier Bancorp's adjusted free cash flow per share for the three months ended in Mar. 2024 was $-0.542. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $3.55 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Glacier Bancorp's average Cyclically Adjusted FCF Growth Rate was -1.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 8.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 6.20% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 6.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Glacier Bancorp was 20.00% per year. The lowest was 0.70% per year. And the median was 8.10% per year.

As of today (2024-05-26), Glacier Bancorp's current stock price is $37.72. Glacier Bancorp's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $3.55. Glacier Bancorp's Cyclically Adjusted Price-to-FCF of today is 10.63.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Glacier Bancorp was 23.17. The lowest was 7.64. And the median was 13.58.


Glacier Bancorp Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Glacier Bancorp's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Glacier Bancorp Cyclically Adjusted FCF per Share Chart

Glacier Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.94 2.87 3.37 3.68 3.63

Glacier Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.60 3.67 3.62 3.63 3.55

Competitive Comparison of Glacier Bancorp's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Glacier Bancorp's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Glacier Bancorp's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Glacier Bancorp's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Glacier Bancorp's Cyclically Adjusted Price-to-FCF falls into.



Glacier Bancorp Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Glacier Bancorp's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.542/131.7762*131.7762
=-0.542

Current CPI (Mar. 2024) = 131.7762.

Glacier Bancorp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.241 100.560 0.316
201409 0.552 100.428 0.724
201412 0.759 99.070 1.010
201503 0.455 99.621 0.602
201506 0.467 100.684 0.611
201509 0.717 100.392 0.941
201512 0.458 99.792 0.605
201603 0.702 100.470 0.921
201606 0.016 101.688 0.021
201609 0.876 101.861 1.133
201612 0.824 101.863 1.066
201703 1.187 102.862 1.521
201706 0.523 103.349 0.667
201709 0.503 104.136 0.637
201712 0.945 104.011 1.197
201803 0.524 105.290 0.656
201806 0.539 106.317 0.668
201809 0.775 106.507 0.959
201812 1.283 105.998 1.595
201903 0.502 107.251 0.617
201906 0.365 108.070 0.445
201909 0.292 108.329 0.355
201912 1.192 108.420 1.449
202003 0.266 108.902 0.322
202006 1.126 108.767 1.364
202009 -0.280 109.815 -0.336
202012 0.756 109.897 0.907
202103 1.530 111.754 1.804
202106 1.489 114.631 1.712
202109 1.331 115.734 1.515
202112 1.396 117.630 1.564
202203 0.672 121.301 0.730
202206 1.169 125.017 1.232
202209 1.172 125.227 1.233
202212 1.024 125.222 1.078
202303 0.812 127.348 0.840
202306 0.985 128.729 1.008
202309 1.026 129.860 1.041
202312 1.248 129.419 1.271
202403 -0.542 131.776 -0.542

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Glacier Bancorp  (NYSE:GBCI) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Glacier Bancorp's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=37.72/3.55
=10.63

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Glacier Bancorp was 23.17. The lowest was 7.64. And the median was 13.58.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Glacier Bancorp Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Glacier Bancorp's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Glacier Bancorp (Glacier Bancorp) Business Description

Industry
Traded in Other Exchanges
Address
49 Commons Loop, Kalispell, MT, USA, 59901-2679
Glacier Bancorp Inc is a regional bank holding company providing commercial banking services to scores of communities through its wholly-owned bank subsidiary, Glacier Bank. The bank operates a multitude of banking offices in Montana, Idaho, Colorado, Utah, Washington, and Wyoming. The bank's wide range of products and services include deposit, loans, and mortgage origination services, among others. The bank primarily serves individuals, small- to medium-sized businesses, community organizations, and public entities. Glacier's strategy emphasizes both internal growth and growth through selective acquisitions. A majority of the bank's loan portfolio is in commercial real estate, while a majority of its net revenue is net interest income.
Executives
Don J. Chery officer: EXECUTIVE VICE PRESIDENT/CAO 49 COMMONS LOOP, KALISPELL MT 59901
Randall M Chesler officer: Glacier Bank President 49 COMMONS LOOP, KALISPELL MT 59901
Craig A Langel director 3819 STEPHENS AVENUE, MISSOULA MT 59801
Ron J Copher officer: EXECUTIVE VICE PRESIDENT/CFO
Jesus Thomas Espinoza director 49 COMMONS LOOP, KALISPELL MT 59901
David C Boyles director 49 COMMONS LOOP, KALISPELL MT 59901
Kristen Lee Heck director 49 COMMONS LOOP, KALISPELL MT 59901
Michael Burke Hormaechea director 49 COMMONS LOOP, KALISPELL MT 59901
Cashell Robert A. Jr director 1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV 89135
Sherry Leigh Cladouhos director 49 COMMONS LOOP, KALISPELL MT 59901
John W Murdoch director 217 RIDGE TRAIL, BOZEMAN MT 59715
James M English director P.O. BOX 2875, HAYDEN ID 83835
Michael J Blodnick director, officer: PRESIDENT/CEO
George R Sutton director 49 COMMONS LOOP, KALISPELL MT 59901
Douglas J Mcbride director 49 COMMONS LOOP, KALISPELL MT 59901

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