Welcome to our dedicated page for Banner news (Ticker: BANR), a resource for investors and traders seeking the latest updates and insights on Banner stock.
Banner Corporation (BANR) delivers community-focused banking services through Banner Bank, serving the Pacific Northwest with deposit accounts, commercial lending, and residential mortgage solutions for over 125 years. This news hub provides investors and stakeholders with essential updates about the company's financial operations and market activities.
Access official press releases covering quarterly earnings, leadership changes, regulatory filings, and strategic initiatives. Stay informed about Banner's community banking developments, loan portfolio performance, and participation in secondary mortgage markets through verified announcements.
Our curated collection features permanent records of material events including merger/acquisition details, dividend declarations, and operational expansions across Washington, Oregon, Idaho, California, and Utah. Bookmark this page for direct access to Banner Corp's financial disclosures without promotional commentary.
Banner Corporation (NASDAQ: BANR), a bank holding company based in Walla Walla, Washington, announced it will release its Q1 results on April 19, 2023. Following the report, management will host a conference call on April 20 at 8:00 a.m. PDT (11:00 a.m. EDT) to discuss the financial outcomes. The call will be accessible to investors online and via phone. Banner Corporation operates a commercial bank with assets of $15.83 billion, providing a range of financial services across four Western states.
Banner Corporation (NASDAQ: BANR) reported Q4 2022 net income of $54.4 million ($1.58/share), up 11% from Q3 2022 and 9% year-over-year. For the year, net income decreased 3% to $195.4 million ($5.67/share). Revenue rose 6% to $172.1 million, bolstered by a 9% increase in net interest income. The Board announced a 9% increase in the quarterly cash dividend to $0.48, payable on February 13, 2023. The company reported a provision for credit losses of $6.7 million in Q4 and an allowance of $141.5 million, or 1.39% of total loans. Non-performing assets rose to $23.4 million.
Banner Corporation (NASDAQ GSM: BANR) will report its fourth quarter results on January 19, 2023, after market close. A conference call to discuss these results is scheduled for January 20, 2023, at 8:00 a.m. PST (11:00 a.m. EST). Investors can join the call via the Banner Bank website or by dialing in. The company operates a $16.36 billion bank holding company, offering a variety of financial services across four Western states. Forward-looking statements are included in the release, cautioning investors about potential risks and uncertainties.
Banner Corporation (NASDAQ: BANR) announced the release of its inaugural Environmental, Social and Governance (ESG) Highlights Report, aiming to enhance transparency regarding its community impact and ESG initiatives. The report outlines the Bank's ongoing practices in environmental risk management, social responsibility, and governance. CEO Mark Grescovich emphasized the importance of this report for sharing detailed ESG efforts. Banner Corporation, with assets of $16.36 billion, operates a commercial bank across four Western states.
Banner Corporation (NASDAQ: BANR) reported a net income of $49.1 million or $1.43 per diluted share for Q3 2022, reflecting a 2% increase from Q2 but 2% decline year-over-year. The results included a $6.1 million provision for credit losses. Total assets slightly decreased to $16.36 billion with a 4% rise in loans compared to last year. The Board declared a cash dividend of $0.44 per share, payable on November 10, 2022. The 'Banner Forward' initiative is expected to enhance revenue growth, with expenses related to this strategy amounting to $411,000 in Q3.
Banner Corporation (NASDAQ: BANR), based in Walla Walla, Wash., will report its third quarter results on October 19, 2022, after market close. A conference call to discuss these results is scheduled for October 20, 2022, at 8:00 a.m. PDT. Investors can listen live at www.bannerbank.com or dial (844) 200-6205 with access code 664717 to participate. A replay will be available for one week at (866) 813-9403 with access code 067235. Banner Corporation operates a $16.39 billion bank holding company, offering a wide range of financial services in four Western states.
Banner Corporation (NASDAQ: BANR) reported a net income of $48.0 million for Q2 2022, a 9% increase from Q1, but down 12% from $54.4 million in Q2 2021. The results include a $4.5 million provision for credit losses and a $7.8 million gain from a branch sale. Banner declared a quarterly cash dividend of $0.44 per share, payable on August 12, 2022. Total assets decreased to $16.39 billion, while net loans rose to $9.33 billion. Revenue increased 13% to $156.2 million compared to the previous quarter.
Banner Corporation (NASDAQ GSM: BANR) announced it will report its second quarter results after market close on July 20, 2022. A conference call to discuss these results will take place on July 21, 2022, at 8:00 a.m. PDT. Investors can access the call live via Banner Bank's website or by dialing in. The company operates a commercial bank across four Western states, providing a range of banking services. It has a total asset base of $16.78 billion.
On May 18, 2022, Banner Corporation (NASDAQ: BANR) held its Annual Meeting of Shareholders, where all proposals were approved and all director nominees were re-elected. The company, with assets amounting to $16.78 billion, operates one commercial bank across four Western states, offering a comprehensive range of banking services. This virtual meeting signifies continued confidence in the company’s leadership and strategic direction.
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