Glacier Bancorp (GBCI) in Kalispell, Mont., is prepared to become a more aggressive acquirer after unveiling its first deal in four years.

The $7.7 billion-asset company has agreed to buy Wheatland Bankshares in Wyoming for roughly $38 million. It is Glacier's first deal since February 2009, and Chief Executive Mick Blodnick made it clear that investors should expect more deals.

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