Banner

Banner Corp. operates as a holding company for Banner Bank. It offers deposit services, business, commercial real estate, construction, residential, agricultural and consumer loans. It also provides commercial banking services and financial products to individuals, businesses and public sector entities. The company was founded in 1995 and is headquartered in Walla Walla, WA.

Earnings data Q1 2021

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Earnings data Q1 2022

Earnings data Q2 2022

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Banner reports strong Q4 earnings, eyes growth amid market challenges

Banner Corporation delivered a strong performance in Q4 2022, with increased net income and revenue from core operations, driven by a strong core deposit base and effective expense control.
The company's strategic initiatives, including margin dynamics and prudent risk management, position it well for future growth despite challenges from credit losses provision and market competition.
Opportunities for further margin expansion, leveraging regional economic drivers, and exploring multifamily activities provide avenues for growth and resilience in the market.
Banner's commitment to ESG initiatives, core dividend increase, and limited exposure in the office portfolio showcase its dedication to sustainable growth and stability.

Banner Corporation excels in Q1 2023, eyes growth amid challenges

Banner Corporation delivered a strong Q1 2023 performance with improved financial metrics and strategic execution. Despite anticipated challenges in deposit flows and margin compression, the company's focus on prudent risk management and client relationships positions it well for growth opportunities.

Banner Corporation reports robust Q2 earnings and strategic growth initiatives

Banner Corporation delivered strong financial performance in Q2 2023, with notable growth in core earnings and revenue.
The company's focus on loan origination opportunities, core deposit growth, and market disruption strategies positions it for future success.
While facing challenges in managing expenses and loan balances, Banner is leveraging its strengths in industry recognition, stable deposit costs, and strategic capital planning.
By capitalizing on opportunities in specialty business lines, market expansion, and potential client shifts, Banner aims to drive growth and enhance shareholder value.

Banner Corporation posts solid Q3 earnings amidst strategic shifts

Banner Corporation delivered strong financial performance in Q3 2023, with robust core earnings and revenue from operations.
While facing challenges in certain loan segments and market conditions, the company maintains a conservative risk profile and strategic focus on growth areas.
Opportunities for margin growth, portfolio expansion, and talent acquisition present avenues for future success and profitability.
Overall, Banner's performance, recognition, and strategic initiatives position it well for continued growth and value creation for shareholders.

Banner Corporation reports strong Q4 earnings, eyes loan growth

Banner Corporation's Q4 2023 performance was robust, driven by core earnings growth and increased equity per share. While facing margin compression and slight delinquency upticks, the company remains focused on expanding loan production and enhancing fee income. Strategic investments in SBA operations present opportunities for future growth.

Banner (BANR) reports solid Q1 earnings amidst economic uncertainties

Banner Corporation's Q1 2024 earnings call highlighted strong financial performance, solid credit metrics, and strategic focus on core operations. The company is navigating challenges from lower interest income and economic uncertainties while exploring opportunities for capital deployment and growth.

Banner Corporation excels in Q2 earnings amidst strategic challenges

Banner Corporation delivered a robust Q2 performance with solid earnings and a well-managed loan portfolio.
While challenges like deposit trends and margin stabilization exist, opportunities in M&A and operational efficiency are within reach.
Management's strategic focus on financial stability and growth positions Banner well for future success in a dynamic market environment.

Banner reports robust Q3 earnings amidst credit quality challenges

Banner Corporation delivered solid financial performance in Q3 2024, with notable growth in core earnings, revenue, and dividends, reflecting operational strength.
While facing challenges in credit quality metrics, the company's strong liquidity, capital position, and market recognition provide a foundation for future growth.
Opportunities lie in leveraging the company's financial stability, customer trust, and strategic positioning to drive further expansion and value creation.

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Banner Corp. operates as a holding company. Through its subsidiary, it provides commercial banking services and financial products. The company was founded in 1995 and is headquartered in Walla Walla, WA.

Get a deeper insight into the potential performance of Banner (BANR) for the quarter ended March 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

What Analyst Projections for Key Metrics Reveal About Banner (BANR) Q1 Earnings

WALLA WALLA, Wash.--(BUSINESS WIRE)--Banner Corporation (NASDAQ:BANR) (“Banner”), the parent company of Banner Bank, today announced that it will report its first quarter results after the market closes on Wednesday, April 17, 2024. Management will host a conference call on Thursday, April 18, 2024, at 8:00 a.m. PT (11:00 a.m. ET) to discuss the results. The call will also be broadcast live via the internet. Interested investors may listen to the call live at www.bannerbank.com. Investment prof.

Banner Corporation Announces First Quarter 2024 Conference Call and Webcast

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Banner Corporation (BANR) Q4 2023 Earnings Call Transcript

While the top- and bottom-line numbers for Banner (BANR) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Banner (BANR) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

Banner (BANR) came out with quarterly earnings of $1.34 per share, beating the Zacks Consensus Estimate of $1.31 per share. This compares to earnings of $1.68 per share a year ago.

Banner (BANR) Surpasses Q4 Earnings Estimates

WALLA WALLA, Wash.--(BUSINESS WIRE)--Banner Corporation (NASDAQ: BANR) (“Banner”), the parent company of Banner Bank, today reported net income of $42.6 million, or $1.24 per diluted share, for the fourth quarter of 2023, a 7% decrease compared to $45.9 million, or $1.33 per diluted share, for the preceding quarter and a 22% decrease compared to $54.4 million, or $1.58 per diluted share, for the fourth quarter of 2022. Net interest income was $138.4 million in the fourth quarter of 2023, compar.

Banner Corporation Reports Net Income of $42.6 Million, or $1.24 Per Diluted Share, for 4th Quarter 2023; Earns $183.6 Million in Net Income, or $5.33 Per Diluted Share, for the Full Year of 2023; Declares Quarterly Cash Dividend of $0.48 Per Share

Evaluate the expected performance of Banner (BANR) for the quarter ended December 2023, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Banner (BANR) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

WALLA WALLA, Wash., Dec. 29, 2023 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR) (“Banner”), the parent company of Banner Bank, today announced that it will report its fourth quarter results after the market closes on Thursday, January 18, 2024. Management will host a conference call on Friday, January 19, 2024, at 8:00 a.m. PT (11:00 a.m. ET) to discuss the results. The call will also be broadcast live via the internet.

Banner Corporation Announces Fourth Quarter 2023 Conference Call and Webcast

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Banner Corporation (BANR) Q3 2023 Earnings Call Transcript

While the top- and bottom-line numbers for Banner (BANR) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Banner (BANR) Reports Q3 Earnings: What Key Metrics Have to Say

Banner (BANR) came out with quarterly earnings of $1.43 per share, beating the Zacks Consensus Estimate of $1.37 per share. This compares to earnings of $1.42 per share a year ago.

Banner (BANR) Q3 Earnings Top Estimates

WALLA WALLA, Wash., Oct. 18, 2023 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR) (“Banner”), the parent company of Banner Bank, today reported net income of $45.9 million, or $1.33 per diluted share, for the third quarter of 2023, a 16% increase compared to $39.6 million, or $1.15 per diluted share, for the preceding quarter and a 7% decrease compared to $49.1 million, or $1.43 per diluted share, for the third quarter of 2022.  Net interest income was $141.8 million in the third quarter of 2023, compared to $142.5 million in the preceding quarter and $146.4 million in the third quarter a year ago.  The decrease in net interest income compared to the preceding and prior year quarters reflects an increase in funding costs, partially offset by an increase in yields on earning assets.  Banner's third quarter 2023 results include a $2.0 million provision for credit losses, compared to a $6.8 million provision for credit losses in the preceding quarter and a $6.1 million provision for credit losses in the third quarter of 2022.  Net income was $141.0 million, or $4.09 per diluted share, for both the nine months ended September 30, 2023 and 2022.  Banner's results for the first nine months of 2023 include an $8.3 million provision for credit losses, compared to a $3.7 million provision for credit losses the same period in 2022.

Banner Corporation Reports Net Income of $45.9 Million, or $1.33 Per Diluted Share, for Third Quarter 2023; Declares Quarterly Cash Dividend of $0.48 Per Share

WALLA WALLA, Wash., Sept. 29, 2023 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR) (“Banner”), the parent company of Banner Bank, today announced that it will report its third quarter results after the market closes on Wednesday, October 18, 2023. Management will host a conference call on Thursday, October 19, 2023, at 8:00 a.m. PT (11:00 a.m. ET) to discuss the results. The call will also be broadcast live via the internet.

Banner Corporation Announces Third Quarter 2023 Conference Call and Webcast

Banner Corp is a potential investment opportunity after the banking collapse, with signs of resilience and a cheap valuation. The company operates branch offices and loan production offices primarily on the West Coast, offering traditional banking services and active involvement in the mortgage business. Despite some weakness in deposits, Banner Corp has seen growth in loans, investment securities, and book value per share, with positive financial performance overall.

Banner Corp.: A Cheap Bank That's Not Without Its Shortcomings

NEW YORK--(BUSINESS WIRE)-- #KBRA--On June 21, 2023, KBRA affirmed the senior unsecured debt rating of BBB+, the subordinated debt rating of BBB, and the short-term debt rating of K2 for Walla Walla, Washington-based Banner Corporation (NASDAQ: BANR or “the company”). In addition, KBRA affirmed the deposit and senior unsecured debt ratings of A-, the subordinated debt rating of BBB+, and the short-term deposit and debt ratings of K2 for the company's principal subsidiary, Banner Bank. The Outlook for a.

KBRA Releases Surveillance Report for Banner Corporation

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WALLA WALLA, Wash., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Today, Banner Bank released its 2022 ESG Report. The report identifies ongoing practices and recent accomplishments in the areas of environmental risk and impact management, social responsibility (including diversity, equity and inclusion), and governance, including:

Banner Bank Releases 2022 Environmental, Social and Governance Report

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Banner Corporation (NASDAQ:BANR ) Q2 2023 Earnings Conference Call July 20, 2023 11:00 AM ET Company Participants Mark Grescovich – President and Chief Executive Officer Rich Arnold – Head of Investor Relations Jill Rice – Executive Vice President and Chief Credit Officer Peter Conner – Chief Financial Officer Rob Butterfield – Executive Vice President and Chief Financial Officer-Banner Bank Conference Call Participants Kelly Motta – KBW David Feaster – Raymond James Andrew Terrell – Stephens Tim Coffey – Janney Montgomery Scott Andrew Liesch – Piper Sandler Operator Hello everyone and welcome to Banner Corporation Second Quarter 2023 Conference Call and Webcast. My name is Daisy and I will be coordinating your call today.

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