Glacier Bancorp Gross Margin 2010-2024 | GBCI
- Glacier Bancorp average gross margin for 2023 was 81.57%, a 15.99% decline from 2022.
- Glacier Bancorp average gross margin for 2022 was 97.09%, a 0.34% decline from 2021.
- Glacier Bancorp average gross margin for 2021 was 97.42%, a 2.07% decline from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.