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NEW YORK--(BUSINESS WIRE)--
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 all long-term ratings is Stable.
To access rating and relevant documents, click here.
KBRA is a full-service credit rating agency registered in the U.S., the EU, and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.
banner bank is proud to provide you with the most comprehensive financial services in the pacific northwest, with products and service tailored to your needs. for over 125 years, and at over 100 locations across oregon, washington, and idaho, we deliver a high level of individual services as a community bank while also offering competitive products some might expect to only find at a nationwide financial institution. member fdic. visit us for more information about how we can find the best banking solution for your business.
