Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

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.

Glacier Bancorp, Inc., a prominent regional banking firm with a market capitalization of $6.1 billion, reported that its Chairman of the Board, Craig A. Langel, acquired 2,250 shares of common stock on August 28, 2026, according to a recent SEC Form 4 filing. The transaction, valued at $105,000, was executed at an average purchase price of $47.04 per share, based on the SEC Form 4 data. Post-transaction, the value of the shares stood at $46.88 each, according to the market close on the same day.

Glacier Bancorp, a key player in the community banking sector, reported a trailing twelve-month (TTM) revenue of $1.5 billion and a TTM net income of $311.7 million. The company's strategic emphasis lies in commercial banking services, mortgage origination, and deposit products, which allows it to capture market share in regional markets while maintaining strong profitability.

As a regional bank holding company, Glacier Bancorp utilizes its community-focused approach and diversified service offerings to effectively compete against larger national institutions, catering to the unique financial requirements of its regional customer base.

Written by urgent.news from Motley Fool's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at fool.com →

More in Finance & Markets

More from Tuesday 1 September →