Banner Earnings Reports

Banner Corporation posted solid Q3 2025 performance with net income of $53.5 million and revenue of $170.7 million, driven by strong net interest income, improved efficiency, and loan growth across key markets.

Banner Corporation delivered strong Q2 2025 results with stable margins, increased revenue, and robust capital levels despite higher funding costs.

Banner Corporation posted a net income of $45.1 million for Q1 2025, driven by a higher net interest margin, steady deposit levels, and continued loan portfolio growth. EPS reached $1.30, with adjusted EPS slightly lower at $1.29.

Banner Corporation reported a net income of $46.4 million, or $1.34 per diluted share, for the fourth quarter of 2024. Revenue was $160.6 million. At December 31, 2024, Banner had $16.20 billion in assets, $11.20 billion in net loans and $13.51 billion in deposits.

Banner Corporation reported a net income of $45.2 million, or $1.30 per diluted share, for the third quarter of 2024. The results reflect successful execution of their super community bank strategy, with strong credit metrics and a resilient core deposit base.

Banner Corporation reported a net income of $39.8 million, or $1.15 per diluted share, for the second quarter of 2024. The results reflect solid growth in loans and higher yields on interest-earning assets, offset by the impact of the high interest rate environment on funding costs.

Banner Corporation reported a net income of $37.6 million, or $1.09 per diluted share, for the first quarter of 2024. The results benefited from higher yields on interest-earning assets, although the high interest rate environment impacted net interest margin.

Banner Corporation reported net income of $42.6 million, or $1.24 per diluted share, for the fourth quarter of 2023. Revenues were $152.5 million for the fourth quarter of 2023. Net interest income was $138.4 million in the fourth quarter of 2023.

Banner Corporation reported a net income of $45.9 million, or $1.33 per diluted share, for the third quarter of 2023. Revenues increased by 2% to $154.4 million compared to the preceding quarter, while net interest income decreased slightly to $141.8 million. The company's performance benefited from loan growth and higher yields on interest-earning assets, though funding costs impacted net interest margin.

Banner Corporation reported a net income of $39.6 million, or $1.15 per diluted share, for the second quarter of 2023. This represents a decrease of 29% compared to the previous quarter and a decrease of 17% compared to the second quarter of 2022. The results were influenced by factors such as loan growth, higher yields on interest-earning assets, and the higher interest rate environment impacting net interest margin.

Banner Corporation reported a net income of $55.6 million, or $1.61 per diluted share, for the first quarter of 2023. This represents a 2% increase compared to the preceding quarter and a 26% increase compared to the first quarter of 2022.

Banner Corporation reported a net income of $54.4 million, or $1.58 per diluted share, for the fourth quarter of 2022, an 11% increase compared to the preceding quarter and a 9% increase compared to the fourth quarter of 2021. The results benefited from solid loan growth and higher yields on interest-earning assets that led to net interest margin expansion.

Banner Corporation reported a net income of $49.1 million, or $1.43 per diluted share, for the third quarter of 2022. This represents a 2% increase compared to the preceding quarter and a 2% decrease compared to the third quarter of 2021. The results reflect successful execution of their super community bank strategy and the ongoing implementation of Banner Forward.

Banner Corporation reported a net income of $48.0 million, or $1.39 per diluted share, for the second quarter of 2022. Revenues increased by 13% to $156.2 million compared to the preceding quarter. Net interest income increased to $129.0 million.

Banner Corporation reported a net income of $44.0 million, or $1.27 per diluted share, for the first quarter of 2022. Revenues decreased 3% to $138.1 million. The company's performance was affected by the on-going low interest rate environment and loan forgiveness under the Small Business Administration.

Banner Corporation reported a net income of $49.9 million, or $1.44 per diluted share, for Q4 2021. Revenues increased by 1% compared to Q4 2020, driven by core deposit growth and an acceleration of SBA PPP loan fee income due to loan forgiveness.

Banner Corporation reported a net income of $49.9 million, or $1.44 per diluted share, for the third quarter of 2021. Revenues increased by 4% compared to the previous quarter and the same quarter last year. The company also implemented a bank-wide initiative called Banner Forward to drive revenue growth and reduce operating expenses.

Banner Corporation reported a net income of $54.4 million, or $1.56 per diluted share, for the second quarter of 2021, a 16% increase compared to the preceding quarter and a 131% increase compared to the second quarter of 2020. The results include $10.3 million in recapture of provision for credit losses.

Banner Corporation reported a strong first quarter with net income of $46.9 million, or $1.33 per diluted share, representing a substantial increase compared to both the previous quarter and the same period last year. The results were positively influenced by an $8.0 million recapture of provision for credit losses and strong mortgage banking fee revenue.

Banner Corporation reported a net income of $39.0 million, or $1.10 per diluted share, for the fourth quarter of 2020. This represents a 7% increase compared to the preceding quarter and a 16% increase compared to the fourth quarter of 2019. The results reflect the continued execution of their super community bank strategy amidst the economic challenges of 2020.

Banner Corporation reported a net income of $36.5 million, or $1.03 per diluted share, for the third quarter 2020. Revenues increased to $149.2 million, and mortgage banking revenues increased 150% compared to the third quarter a year ago. The company committed $1.5 million to support minority-owned small businesses and provided SBA Paycheck Protection Program loans totaling nearly $1.15 billion.

Banner Corporation reported net income of $23.5 million, or $0.67 per diluted share, for the second quarter 2020. Revenues increased to $147.3 million. Net loans receivable increased to $10.13 billion and total deposits increased to $12.02 billion at June 30, 2020.

Banner Corporation reported net income of $16.9 million, or $0.47 per diluted share, for the first quarter of 2020. The results reflect the impact of the COVID-19 pandemic and include acquisition-related expenses and a substantial increase in credit loss provisions.

Banner Corporation reported a net income of $33.7 million, or $0.95 per diluted share, for Q4 2019. Revenues increased 2% to $139.8 million. The quarter included $4.4 million in acquisition-related expenses.