Banner Earnings Reports

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.