Glacier Bancorp (GBCI) risk factors, FY2024 10-K

Other

1. 01Economic conditions in the market areas the Bank serves may adversely impact its earnings and could increase the credit risk associated with its loan portfolio and the value of its investment portfolio
2. 02Competition in the Bank’s market areas may limit future success
3. 03We may not be able to continue to grow internally or through acquisitions
4. 04Growth through future acquisitions could, in some circumstances, adversely affect profitability or other performance measures
5. 05If goodwill recorded in connection with acquisitions becomes impaired, it could have an adverse impact on earnings and capital
6. 06There can be no assurance we will be able to continue paying dividends on our common stock at recent levels
7. 07The allowance for credit losses may not be adequate to cover actual loan losses, which could adversely affect earnings
8. 08The Bank’s loan portfolio mix increases the exposure to credit risks tied to deteriorating conditions
9. 09The Bank has a high concentration of loans secured by real estate, so a deterioration in the real estate markets could require material increases in the ACL and adversely affect our business, financial condition, and results of operations
10. 10Non-performing assets could increase, which could adversely affect our business, financial condition, and results of operations
11. 11A decline in the fair value of the Bank’s investment portfolio could adversely affect earnings and capital
12. 12The Bank is subject to environmental liability risk associated with our lending activities
13. 13We face competition from technologies used to support and enable banking and financial services
14. 14Fluctuating interest rates can adversely affect profitability and shareholders’ equity
15. 15Our business is subject to the risks of earthquakes, floods, fires, and other catastrophic events
16. 16Our future performance will depend on our ability to respond timely to technological change
17. 17The Company’s business may be materially affected by the emergence of disruptive new technologies or approaches enabled by the rapid pace of innovation unfolding in the artificial intelligence space
18. 18We have various anti-takeover measures that could impede a takeover
19. 19We operate in a highly regulated environment and changes or increases in, or supervisory enforcement of, banking or other laws and regulations or governmental fiscal or monetary policies could adversely affect us
20. 20Increasing regulatory focus on privacy and security issues and expanding laws and regulatory requirements could impact our business models and expose us to increased liability
21. 21Non-compliance with the Patriot Act, BSA, or other laws and regulations could result in fines or sanctions and limit our ability to get regulatory approval of acquisitions
22. 22National and international economic and geopolitical conditions could adversely affect our future results of operations or market price of our stock
23. 23Significant changes or developments in U.S. laws or policies, and the reactions of the national and global economy to such changes, may have a material adverse effect on our business
24. 24Our business is heavily dependent on the services of members of the senior management team
25. 25We could suffer operational, reputational and financial harm if we fail to properly anticipate and manage risk
26. 26Changes in accounting standards could materially impact our financial statements
27. 27Climate change may materially adversely affect the Company's business, financial condition, and results of operations