Regional Bank Insider Buys 2,250 Shares, Valued at More Than $105,000
Langel's open-market purchase at $47.04 per share brings his total beneficial ownership to 98,801 shares, representing 0.0759% of the company.
Overview
Craig A. Langel, Chairman of the Board of Glacier Bancorp, Inc. (NYSE:GBCI), purchased 2,250 shares of common stock on Aug. 28, 2026, according to a recent SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average purchase price ($47.04); post-transaction value based on Aug. 28, 2026 market close ($46.88).
Details
Glacier Bancorp is a significant regional banking institution with a market capitalization of $6.1 billion and TTM revenue of $1.5 billion, demonstrating substantial scale in the community banking sector. The company's strategic focus on commercial banking services, mortgage origination, and deposit products enables it to capture market share in regional markets while maintaining competitive profitability with TTM net income of $311.7 million. As a regional bank holding company, Glacier Bancorp leverages its community-oriented approach and diversified service offerings to compete effectively against larger national institutions while serving the specific financial needs of its regional customer base.
Source
Originally published at www.fool.com.