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.

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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.

Banner's (BANR) new share buyback program, along with regular dividend payouts, will continue to enhance shareholder value.

Banner (BANR) Rewards Investors With Buyback Plan, Stock Up

Banner (BANR) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Banner (BANR) Upgraded to Strong Buy: Here's Why

Banner (BANR) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Banner (BANR) Hits Fresh High: Is There Still Room to Run?

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Banner Corp's (BANR) CEO Mark Grescovich on Q3 2021 Results - Earnings Call Transcript

WALLA WALLA, Wash., Oct. 20, 2021 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR) (“Banner”), the parent company of Banner Bank, today reported net income of $49.9 million, or $1.44 per diluted share, for the third quarter of 2021, an 8% decrease compared to $54.4 million, or $1.56 per diluted share, for the second quarter of 2021 and a 36% increase compared to $36.5 million, or $1.03 per diluted share, for the third quarter of 2020. Banner's third quarter 2021 results include $8.6 million in recapture of provision for credit losses, compared to $10.3 million in recapture of provision for credit losses in the preceding quarter and $15.2 million in provision for credit losses in the third quarter of 2020. The third quarter 2020 provision for credit losses was primarily the result of the impact of the COVID-19 pandemic. In the first nine months of 2021, net income was $151.1 million, or $4.32 per diluted share, compared to net income of $77.0 million, or $2.17 per diluted share for the same period a year earlier. Banner's first nine months of 2021 results include $28.1 million in recapture of provision for credit losses, compared to $67.3 million in provision for credit losses in the first nine months of 2020.

Banner Corporation Reports Net Income of $49.9 Million, or $1.44 Per Diluted Share, for Third Quarter 2021; Announces Banner Forward; Declares Quarterly Cash Dividend of $0.41 Per Share

Banner(NASDAQ:BANR) is set to give its latest quarterly earnings report on Wednesday, 2021-10-20. Here's what investors need to know before the announcement.

Earnings Preview: Banner

WALLA WALLA, Wash., Sept. 30, 2021 (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 20, 2021. Management will host a conference call on Thursday, October 21, 2021, at 8:00 a.m. PDT (11:00 a.m. EDT) to discuss the results. The call will also be broadcast live via the internet.

Banner Corporation Announces Third Quarter 2021 Conference Call and Webcast

Banner Corporation (BANR) CEO Mark Grescovich on Q2 2021 Results - Earnings Call Transcript

Banner (BANR) delivered earnings and revenue surprises of 43.12% and 5.00%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Banner (BANR) Surpasses Q2 Earnings and Revenue Estimates

WALLA WALLA, Wash., July 21, 2021 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR) (“Banner”), the parent company of Banner Bank, today reported net income of $54.4 million, or $1.56 per diluted share, for the second quarter of 2021, a 16% increase compared to $46.9 million, or $1.33 per diluted share, for the preceding quarter and a 131% increase compared to $23.5 million, or $0.67 per diluted share, for the second quarter of 2020. Banner's second quarter 2021 results include $10.3 million in recapture of provision for credit losses, compared to $28.6 million in provision for credit losses in the second quarter of 2020. The second quarter 2020 provision for credit losses was primarily the result of the impact of the COVID-19 pandemic. In the first six months of 2021, net income was $101.2 million, or $2.88 per diluted share, compared to net income of $40.4 million, or $1.14 per diluted share for the same period a year earlier. Banner's first six months of 2021 results include $19.5 million in recapture of provision for credit losses, compared to $52.1 million in provision for credit losses in the first six months of 2020.

Banner Corporation Reports Increased Loan Demand, Strong Deposit Growth and Net Income of $54.4 Million, or $1.56 Per Diluted Share, for Second Quarter 2021; Declares Quarterly Cash Dividend of $0.41 Per Share

WALLA WALLA, Wash., June 30, 2021 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR) (“Banner”), the parent company of Banner Bank, today announced that it will report its second quarter results after the market closes on Wednesday, July 21, 2021. Management will host a conference call on Thursday, July 22, 2021, at 8:00 a.m. PDT (11:00 a.m. EDT) to discuss the results. The call will also be broadcast live via the internet.

Banner Corporation Announces Second Quarter 2021 Conference Call and Webcast

Banner Corporation (BANR) CEO Mark Grescovich on Q1 2021 Results - Earnings Call Transcript

Banner (BANR) delivered earnings and revenue surprises of 27.88% and -1.49%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Banner (BANR) Surpasses Q1 Earnings Estimates

Shares of Banner (NASDAQ:BANR) rose in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share were up 121.67% year over year to $1.33, which beat the estimate of $1.03.

Recap: Banner Q1 Earnings

WALLA WALLA, Wash., April 21, 2021 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR) (“Banner”), the parent company of Banner Bank, today reported net income of $46.9 million, or $1.33 per diluted share, for the first quarter of 2021, a 20% increase compared to $39.0 million, or $1.10 per diluted share, for the preceding quarter and a 178% increase compared to $16.9 million, or $0.47 per diluted share, for the first quarter of 2020. Banner's first quarter 2021 results include $8.0 million in recapture of provision for credit losses, compared to $21.7 million in provision for credit losses in the first quarter of 2020. The first quarter 2020 provision for credit losses was primarily the result of the impact of the COVID-19 pandemic. First quarter 2021 results also include $571,000 of merger and acquisition-related expenses, compared to $579,000 for the preceding quarter, and $1.1 million of merger and acquisition-related expenses for the first quarter of 2020.

Banner Corporation Reports Net Income of $46.9 Million, or $1.33 Per Diluted Share, for First Quarter 2021; Declares Quarterly Cash Dividend of $0.41 Per Share

Banner (BANR) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Is a Surprise Coming for Banner (BANR) This Earnings Season?

WALLA WALLA, Wash., April 05, 2021 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: 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 21, 2021. Management will host a conference call on Thursday, April 22, 2021, at 8:00 a.m. PDT (11:00 a.m. EDT) to discuss the results. The call will also be broadcast live via the internet.

Banner Corporation Announces First Quarter 2021 Conference Call and Webcast

Banner (BANR) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Why Banner (BANR) Stock Might be a Great Pick

Is Banner Corporation (BANR) a great pick from the value investor's perspective right now? Read on to know more.

Is Banner Corporation (BANR) a Profitable Stock Pick Now?

WALLA WALLA, Wash., Feb. 25, 2021 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR) (“Banner”), the parent company of Banner Bank, today announced that Ellen R.M. Boyer and John Pedersen have been appointed to the Board of Directors effective February 24, 2021. Boyer and Pedersen were also appointed to the Board of Directors of Banner Bank.

Ellen Boyer and John Pedersen Join Banner Corporation Board of Directors

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Banner Corporation (BANR) CEO Mark Grescovich on Q4 2020 Results - Earnings Call Transcript

Banner (BANR) delivered earnings and revenue surprises of 16.13% and -0.32%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Banner (BANR) Q4 Earnings Beat Estimates

Shares of Banner (NASDAQ:BANR) were flat in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share increased 0.93% year over year to $1.08, which beat the estimate of $0.92.

News for Banner Stock (BANR)