What is Glacier Bancorp, Inc. worth?
With the base-case assumptions below, a discounted cash flow model on Glacier Bancorp, Inc.'s reported free cash flow gives $97.86 per share. The share price was $48.89 on November 10, 2026, 50% below that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 8.0% | 10.0% | $64.52 | +32% |
| Base | 13.0% | 9.0% | $97.86 | +100% |
| Bull | 18.0% | 8.0% | $160.00 | +227% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $122.85 | $130.61 | $140.09 | $151.94 | $167.18 |
| 8.0% | $104.10 | $109.13 | $115.08 | $122.22 | $130.94 |
| 9.0% | $90.45 | $93.89 | $97.86 | $102.49 | $107.96 |
| 10.0% | $80.09 | $82.54 | $85.31 | $88.48 | $92.13 |
| 11.0% | $71.98 | $73.77 | $75.77 | $78.03 | $80.58 |
Where the presets come from
Base: years 1 to 5 grow at Glacier Bancorp, Inc.'s revenue growth rate over the last 5 fiscal years (13.1% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions