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.
Net income was $45.1 million, supported by improved interest margins and strong loan performance.
Revenue held steady at $160.2 million, slightly down from the previous quarter but up year-over-year.
Total deposits grew to $13.59 billion with 89% categorized as core deposits.
Net loans receivable reached $11.28 billion, reflecting solid commercial and construction lending activity.
Banner expects continued strength from core deposits and loan growth, though economic uncertainty and credit risk remain under watch.
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