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Sep 30, 2020
Banner Q3 2020 Earnings Report
Net income of $36.5 million, or $1.03 per diluted share, was reported for the third quarter 2020.
Key Takeaways
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.
Net income was $36.5 million, or $1.03 per diluted share.
Revenues increased to $149.2 million.
Mortgage banking revenues increased 150% compared to the third quarter a year ago.
Committed $1.5 million to support minority-owned small businesses.
Revenue by Segment
Revenue by Geographic Location
Historical Earnings Impact
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Avg. Return Before/After Earnings
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