Glacier Bancorp Inc (FRA:GLC)
€ 55.5 3 (5.71%) Market Cap: 6.08 Bil Enterprise Value: 7.05 Bil PE Ratio: 35.28 PB Ratio: 2.00 GF Score: 68/100

Glacier Bancorp Inc Acquisition of Heritage Bancorp Conference Call Transcript

Apr 04, 2019 / 03:00PM GMT
Release Date Price: €36.46 (-0.11%)
Operator

Good day, ladies and gentlemen, and welcome to the Glacier Bancorp Investor Conference Call. (Operator Instructions) As a reminder, this call is being recorded.

I would now like to introduce your host for today's conference, Mr. Randy Chesler, President and CEO of Glacier Bancorp. Please go ahead, sir.

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

Great. Well, thank you, Sarah. Hi. Good morning to everyone, and thank you for joining us. I'm here in Reno, Nevada, very excited to tell you about our most recent transaction. Joining me on the phone from Kalispell is Ron Copher, our Chief Financial Officer; Don Chery, our Chief Administrative Officer; and Barry Johnston, our Chief Credit Administrator.

So last night, after the close of business, we announced our agreement to partner with Heritage Bancorp, the holding company for Heritage Bank of Nevada, a community bank based right here in Reno. They've got $830 million in assets, and Heritage is the largest bank headquartered in Northern Nevada and the largest

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