We scoured the nation to identify the best stock in every state. Glacier Bancorp (symbol GBCI) is the publicly traded company we picked in Montana. The company headquarters is located in Kalispell.
A word of caution: Since we selected a single stock from each state (plus one from D.C), and choices in some states are sparse, a few of our picks are best suited to investors comfortable with a higher degree of risk. This is not necessarily one of our 51 favorite stocks in the entire U.S., in other words.
Glacier Bancorp by the Numbers
- Headquarters: Kalispell
- Share price: $35.05
- Market value: $2.7 billion
- Price-earnings ratio: 19
(Prices and data are as of June 22, 2017)
From just $107.88 $24.99 for Kiplinger Personal Finance
Be a smarter, better informed investor.
Sign up for Kiplinger’s Free Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
Glacier is a regional bank holding company that provides commercial banking services at 146 locations in Arizona, Colorado, Idaho, Montana, Utah, Washington, and Wyoming. The company has grown through acquisition, with the management team snapping up small, regional banks that they believe have potential for growth. This “company of banks” model puts Glacier in a unique niche, says Tim Skiendzielewski of Aberdeen Asset Management, whose Small Cap Equity fund counts the stock among its top-ten holdings.
Glacier’s size and resources, he says, allow its subsidiaries to offer more sophisticated products than local, mom-and-pop banks, while being more involved on a community level than bigger “super-regionals.” Glacier’s conservative underwriting, well-managed expenses and good loan growth have led to superior return on average equity (ROAE) and return on average assets (ROAA) – both key measures of banks’ profitability – compared with its peers. Analysts who cover the stock see per-share earnings growth climbing 12% this year, followed by a 11% jump in 2018. The company has hiked its annual payout every year since 2012, and in January paid a 30-cent special dividend on top of its normal quarterly payout for the third straight year. The stock’s annualized regular payout of 84 cents per share gives it a yield of 2.4%.
-
Standard Deduction 2026 Amounts Are HereTax Breaks What is the standard deduction for your filing status in 2026?
-
New 2026 Income Tax Brackets Are Set: What to Know NowIncome Tax The IRS has adjusted federal income tax bracket ranges for the 2026 tax year to account for inflation. Here's what you need to know.
-
If You'd Put $1,000 Into Bank of America Stock 20 Years Ago, Here's What You'd Have TodayBank of America stock has been a massive buy-and-hold bust.
-
If You'd Put $1,000 Into Oracle Stock 20 Years Ago, Here's What You'd Have TodayORCL Oracle stock has been an outstanding buy-and-hold bet for decades.
-
If You'd Put $1,000 Into Sherwin-Williams Stock 20 Years Ago, Here's What You'd Have TodaySherwin-Williams stock has clobbered the broader market by a wide margin for a long time.
-
If You'd Put $1,000 Into UnitedHealth Group Stock 20 Years Ago, Here's What You'd Have TodayUNH stock was a massive market beater for ages — until it wasn't.
-
If You'd Put $1,000 Into Berkshire Hathaway Stock 20 Years Ago, Here's What You'd Have TodayBerkshire Hathaway is a long-time market beater, but the easy money in BRK.B has already been made.
-
If You'd Put $1,000 Into Procter & Gamble Stock 20 Years Ago, Here's What You'd Have TodayProcter & Gamble stock is a dependable dividend grower, but a disappointing long-term holding.
-
My Three-Day Rule for Investing: And If it Applies NowStock Market I've seen a lot in my career. Here's what I see now in the stock market.
-
Is It Time to Invest in Europe?Stock Market Europe is being shaken out of its lethargy, militarily and otherwise, by Donald Trump's changes in U.S. policy. Should investors start buying?
