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Dec 31, 2023
Banner Q4 2023 Earnings Report
Net income reported a decrease of 22% compared to Q4 2022 and 7% decrease compared to the preceding quarter.
Key Takeaways
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.
Revenues were $152.5 million for the fourth quarter of 2023.
Net interest income was $138.4 million in the fourth quarter of 2023.
Mortgage banking operations revenue was $5.4 million for the fourth quarter of 2023.
Non-performing assets were $30.1 million, or 0.19% of total assets, at December 31, 2023.
Banner
Banner
Banner Revenue by Geographic Location
Forward Guidance
The document does not contain explicit forward guidance. Therefore, a summary and related bullet points cannot be provided.