Glacier Bank: how it compares with its peers
Against 78 U.S. banks with half to twice its assets, Glacier Bank's strongest measure in Q2 2026 is net interest margin (3.89% vs. a 3.62% peer median). Its weakest relative measure is assets per employee ($7.7M vs. $12.3M).
| Measure | Glacier Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.20% | 1.24% | Middle third Ahead of 44% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.89% | 3.62% | Top third Ahead of 72% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 58.96% | 55.07% | Bottom third Ahead of 26% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $7.7M | $12.3M | Bottom third Ahead of 7% of peers |
| Loans to deposits Net loans and leases over total deposits. | 85.07% | 86.36% | Context |
What it means for lending operations
Its efficiency ratio of 58.96% is above the 55.07% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- Eastern Bank Boston, MA · $31.13B
- TD Bank USA, National Association Wilmington, DE · $32.13B
- BNY Mellon, National Association Pittsburgh, PA · $30.62B
- Fulton Bank, National Association Lancaster, PA · $32.56B
- Texas Capital Bank Dallas, TX · $33.62B
- United Bank Fairfax, VA · $33.64B
Questions about Glacier Bank
How big is Glacier Bank?
Glacier Bank, established in 1955, is headquartered in Kalispell, MT. It reported $31.58B in total assets in its Q2 2026 FDIC call report and operates 261 offices.
What is Glacier Bank's return on assets?
1.20% annualized in Q2 2026, against a 1.24% median for 78 U.S. banks with half to twice its assets, ahead of 44% of them.
What is Glacier Bank's efficiency ratio?
58.96% in Q2 2026: it spent about 59 cents in noninterest expense for each dollar of revenue. The peer median is 55.07%, and lower is better.
Is Glacier Bank growing its loans?
Net loans grew 15.2% over the year to Q2 2026, while deposits grew 14.0%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are U.S. banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Montana bank ranked.