vs

Side-by-side financial comparison of GLACIER BANCORP, INC. (GBCI) and Texas Pacific Land Corporation (TPL). Click either name above to swap in a different company.

GLACIER BANCORP, INC. is the larger business by last-quarter revenue ($306.8M vs $211.6M, roughly 1.4× Texas Pacific Land Corporation). Texas Pacific Land Corporation runs the higher net margin — 58.3% vs 26.8%, a 31.5% gap on every dollar of revenue. Over the past eight quarters, GLACIER BANCORP, INC.'s revenue compounded faster (24.3% CAGR vs 10.2%).

Glacier Bancorp, Inc. is a regional multi-bank holding company headquartered in Kalispell, Montana, United States. It is a successor corporation to the Delaware corporation originally incorporated in 1990. The company provides personal and commercial banking services from 221 locations in Montana, Idaho, Utah, Washington, Wyoming, Colorado, Arizona, and, Nevada.

The Texas Pacific Land Corporation is a publicly traded real estate operating company with its administrative office in Dallas, Texas. Owning over 880,000 acres (3,600 km2) in 20 West Texas counties, TPL is among the largest private landowners in the state of Texas. It was previously organized as a publicly traded trust taxed as a corporation, and operated under the name Texas Pacific Land Trust.

GBCI vs TPL — Head-to-Head

Bigger by revenue
GBCI
GBCI
1.4× larger
GBCI
$306.8M
$211.6M
TPL
Higher net margin
TPL
TPL
31.5% more per $
TPL
58.3%
26.8%
GBCI
Faster 2-yr revenue CAGR
GBCI
GBCI
Annualised
GBCI
24.3%
10.2%
TPL

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
GBCI
GBCI
TPL
TPL
Revenue
$306.8M
$211.6M
Net Profit
$82.1M
$123.3M
Gross Margin
Operating Margin
70.5%
Net Margin
26.8%
58.3%
Revenue YoY
13.9%
Net Profit YoY
4.2%
EPS (diluted)
$0.63
$-8.59

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GBCI
GBCI
TPL
TPL
Q1 26
$306.8M
Q4 25
$306.5M
$211.6M
Q3 25
$260.7M
$203.1M
Q2 25
$240.6M
$187.5M
Q1 25
$222.6M
$196.0M
Q4 24
$223.0M
$185.8M
Q3 24
$214.9M
$173.6M
Q2 24
$198.7M
$172.3M
Net Profit
GBCI
GBCI
TPL
TPL
Q1 26
$82.1M
Q4 25
$63.8M
$123.3M
Q3 25
$67.9M
$121.2M
Q2 25
$52.8M
$116.1M
Q1 25
$54.6M
$120.7M
Q4 24
$61.8M
$118.4M
Q3 24
$51.1M
$106.6M
Q2 24
$44.7M
$114.6M
Operating Margin
GBCI
GBCI
TPL
TPL
Q1 26
Q4 25
24.9%
70.5%
Q3 25
32.7%
73.4%
Q2 25
27.1%
76.6%
Q1 25
28.5%
76.6%
Q4 24
33.0%
76.7%
Q3 24
28.9%
73.4%
Q2 24
27.3%
77.3%
Net Margin
GBCI
GBCI
TPL
TPL
Q1 26
26.8%
Q4 25
20.8%
58.3%
Q3 25
26.0%
59.7%
Q2 25
21.9%
61.9%
Q1 25
24.5%
61.6%
Q4 24
27.7%
63.7%
Q3 24
23.8%
61.4%
Q2 24
22.5%
66.5%
EPS (diluted)
GBCI
GBCI
TPL
TPL
Q1 26
$0.63
Q4 25
$0.49
$-8.59
Q3 25
$0.57
$5.27
Q2 25
$0.45
$5.05
Q1 25
$0.48
$5.24
Q4 24
$0.55
$5.14
Q3 24
$0.45
$4.63
Q2 24
$0.39
$4.98

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GBCI
GBCI
TPL
TPL
Cash + ST InvestmentsLiquidity on hand
$1.4B
$144.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$4.2B
$1.5B
Total Assets
$31.7B
$1.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GBCI
GBCI
TPL
TPL
Q1 26
$1.4B
Q4 25
$144.8M
Q3 25
$531.8M
Q2 25
$543.9M
Q1 25
$460.4M
Q4 24
$369.8M
Q3 24
$533.9M
Q2 24
$894.7M
Stockholders' Equity
GBCI
GBCI
TPL
TPL
Q1 26
$4.2B
Q4 25
$4.2B
$1.5B
Q3 25
$3.6B
$1.4B
Q2 25
$3.5B
$1.3B
Q1 25
$3.3B
$1.2B
Q4 24
$3.2B
$1.1B
Q3 24
$3.2B
$1.1B
Q2 24
$3.1B
$1.2B
Total Assets
GBCI
GBCI
TPL
TPL
Q1 26
$31.7B
Q4 25
$32.0B
$1.6B
Q3 25
$29.0B
$1.5B
Q2 25
$29.0B
$1.4B
Q1 25
$27.9B
$1.4B
Q4 24
$27.9B
$1.2B
Q3 24
$28.2B
$1.2B
Q2 24
$27.8B
$1.3B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GBCI
GBCI
TPL
TPL
Operating Cash FlowLast quarter
$113.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.92×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GBCI
GBCI
TPL
TPL
Q1 26
Q4 25
$374.4M
$113.7M
Q3 25
$112.4M
$154.6M
Q2 25
$86.0M
$120.9M
Q1 25
$52.4M
$156.7M
Q4 24
$258.0M
$126.6M
Q3 24
$150.1M
$118.6M
Q2 24
$62.7M
$98.3M
Free Cash Flow
GBCI
GBCI
TPL
TPL
Q1 26
Q4 25
$347.6M
Q3 25
$104.8M
Q2 25
$79.5M
Q1 25
$46.8M
Q4 24
$209.8M
Q3 24
$137.7M
Q2 24
$44.1M
FCF Margin
GBCI
GBCI
TPL
TPL
Q1 26
Q4 25
113.4%
Q3 25
40.2%
Q2 25
33.1%
Q1 25
21.0%
Q4 24
94.1%
Q3 24
64.1%
Q2 24
22.2%
Capex Intensity
GBCI
GBCI
TPL
TPL
Q1 26
Q4 25
8.8%
Q3 25
2.9%
Q2 25
2.7%
Q1 25
2.5%
Q4 24
21.6%
Q3 24
5.8%
Q2 24
9.3%
Cash Conversion
GBCI
GBCI
TPL
TPL
Q1 26
Q4 25
5.87×
0.92×
Q3 25
1.66×
1.28×
Q2 25
1.63×
1.04×
Q1 25
0.96×
1.30×
Q4 24
4.18×
1.07×
Q3 24
2.94×
1.11×
Q2 24
1.40×
0.86×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GBCI
GBCI

Net Interest Income$268.7M88%
Noninterest Income$38.1M12%

TPL
TPL

Water Serviceand Operations Segment$98.2M46%
Water Sales And Royalties$60.7M29%
Produced Water Royalties$33.5M16%
Easementand Sundry$20.6M10%

Related Comparisons