Banner Corporation (NASDAQ: BANR) is the parent company of Banner Bank, a Washington‑chartered commercial bank serving Western U.S. markets. This news page aggregates company‑issued updates and related coverage so updates cover Banner’s financial performance, governance decisions and strategic banking activities over time.
News items for Banner Corporation commonly include quarterly and annual earnings releases, where the company discusses net income, net interest income, loan and deposit trends, credit loss provisions and efficiency metrics. These releases often highlight management’s commentary on its super community bank strategy, credit quality, capital position and core deposit base.
Investors and analysts can also find announcements about conference calls and webcasts where Banner reviews results and investor presentations, as well as disclosures on dividend declarations and stock repurchase authorizations approved by the Board of Directors. Governance‑related news, such as amendments to the Code of Ethics and Business Conduct or the appointment of new directors, is typically reported through press releases and corresponding Form 8‑K filings.
Additional coverage may include updates on credit ratings from agencies such as KBRA, corporate responsibility reporting, and leadership changes in key roles like the Chief Risk Officer. Together, these items provide insight into how Banner manages its commercial banking operations, risk frameworks and stakeholder commitments.
For users tracking BANR, The record includes a single location to review Banner Corporation’s official communications and related developments. Regularly reviewing these news items can help readers understand the company’s evolving financial condition, governance actions and strategic priorities within the commercial banking sector.
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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.
Banner Corporation (BANR) reported Q1 2022 net income of $44.0 million ($1.27 per diluted share), a 12% decline from the previous quarter. Notable figures include $138.1 million in revenue and a 5% decrease in net interest income to $118.7 million. The Board declared a $0.44 quarterly cash dividend, payable May 13, 2022. Core deposits increased 9% year-over-year, demonstrating resilience amid operational changes. However, mortgage banking revenues fell by 61% compared to last year.