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Jun 30, 2024
Banner Q2 2024 Earnings Report
Reported net income of $39.8 million, or $1.15 per diluted share.
Key Takeaways
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.
Net income was $39.8 million, or $1.15 per diluted share.
Net interest income was $132.5 million.
Revenue was $149.7 million.
Net loans receivable increased 3% to $10.99 billion.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
No specific forward guidance was provided in the earnings report.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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