Banner Corporation (NASDAQ: BANR), (“Banner” or the “Company”), the parent company of Banner Bank, today announced that shareholders approved all proposals and re-elected all director nominees at its 2024 Annual Meeting of Shareholders held virtually on May 22, 2024.
Key Points:
Banner Corporation (NASDAQ: BANR), (“Banner” or the “Company”), the parent company of Banner Bank, today announced that shareholders approved all proposals and re-elected all director nominees at its 2024 Annual Meeting of Shareholders held virtually on May 22, 2024.
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Wednesday, April 17, 2024
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File Net interest income was $133.0 million in the first quarter of 2024, compared to $138.4 million in the preceding quarter and $153.3 million in the first quarter a year ago.
Key Points:
- Net interest income was $133.0 million in the first quarter of 2024, compared to $138.4 million in the preceding quarter and $153.3 million in the first quarter a year ago.
- Banner announced that its Board of Directors declared a regular quarterly cash dividend of $0.48 per share.
- Net interest income was $133.0 million in the first quarter of 2024, compared to $138.4 million in the preceding quarter and $153.3 million in the first quarter a year ago.
- Return on average assets was 0.97%, compared to 1.09% in the preceding quarter and 1.44% in the first quarter a year ago.
Banner Corporation (NASDAQ:BANR) (“Banner”), the parent company of Banner Bank, today announced that it will report its first quarter results after the market closes on Wednesday, April 17, 2024.
Key Points:
- Banner Corporation (NASDAQ:BANR) (“Banner”), the parent company of Banner Bank, today announced that it will report its first quarter results after the market closes on Wednesday, April 17, 2024.
- Management will host a conference call on Thursday, April 18, 2024, at 8:00 a.m. PT (11:00 a.m.
- ET) to discuss the results.
- Investment professionals are invited to dial (833) 470-1428 using access code 062587 to participate in the call.
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Thursday, January 18, 2024
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Video game Net interest income was $138.4 million in the fourth quarter of 2023, compared to $141.8 million in the preceding quarter and $159.1 million in the fourth quarter a year ago.
Key Points:
- Net interest income was $138.4 million in the fourth quarter of 2023, compared to $141.8 million in the preceding quarter and $159.1 million in the fourth quarter a year ago.
- Revenues were $152.5 million for the fourth quarter of 2023, compared to $154.4 million in the preceding quarter, and $172.1 million in the fourth quarter a year ago.
- Net interest income was $138.4 million in the fourth quarter of 2023, compared to $141.8 million in the preceding quarter and $159.1 million in the fourth quarter a year ago.
- Net interest income was $138.4 million in the fourth quarter of 2023, compared to $141.8 million in the preceding quarter and $159.1 million in the fourth quarter a year ago.
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Friday, December 29, 2023
WALLA WALLA, Wash., Dec. 29, 2023 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR) (“Banner”), the parent company of Banner Bank, today announced that it will report its fourth quarter results after the market closes on Thursday, January 18, 2024.
Key Points:
- WALLA WALLA, Wash., Dec. 29, 2023 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR) (“Banner”), the parent company of Banner Bank, today announced that it will report its fourth quarter results after the market closes on Thursday, January 18, 2024.
- Management will host a conference call on Friday, January 19, 2024, at 8:00 a.m. PT (11:00 a.m.
- Investment professionals are invited to dial (833) 470-1428 using access code 238589 to participate in the call.
- A replay will be available for one week at (866) 813-9403 using access code 197139 or at www.bannerbank.com .
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Wednesday, October 18, 2023
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Banner Net interest income was $141.8 million in the third quarter of 2023, compared to $142.5 million in the preceding quarter and $146.4 million in the third quarter a year ago.
Key Points:
- Net interest income was $141.8 million in the third quarter of 2023, compared to $142.5 million in the preceding quarter and $146.4 million in the third quarter a year ago.
- Net income was $141.0 million, or $4.09 per diluted share, for both the nine months ended September 30, 2023 and 2022.
- Banner announced that its Board of Directors declared a regular quarterly cash dividend of $0.48 per share.
- Return on average assets was 1.17%, compared to 1.02% in the preceding quarter and 1.18% in the third quarter a year ago.
Retrieved on:
Friday, September 29, 2023
WALLA WALLA, Wash., Sept. 29, 2023 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR) (“Banner”), the parent company of Banner Bank, today announced that it will report its third quarter results after the market closes on Wednesday, October 18, 2023.
Key Points:
- WALLA WALLA, Wash., Sept. 29, 2023 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR) (“Banner”), the parent company of Banner Bank, today announced that it will report its third quarter results after the market closes on Wednesday, October 18, 2023.
- Management will host a conference call on Thursday, October 19, 2023, at 8:00 a.m. PT (11:00 a.m.
- Investment professionals are invited to dial (833) 470-1428 using access code 535380 to participate in the call.
- A replay will be available for one week at (866) 813-9403 using access code 970585 or at www.bannerbank.com .
Retrieved on:
Wednesday, August 2, 2023
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Management WALLA WALLA, Wash., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Today, Banner Bank released its 2022 ESG Report .
Key Points:
- WALLA WALLA, Wash., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Today, Banner Bank released its 2022 ESG Report .
- Operating our business in a way that aligns with the highest ethical standards and effective governance practices.
- These and additional details from our Task Force on Climate-related Financial Disclosures (TCFD) Report, can be found in our full TCFD Report, which is linked within the ESG Report.
- “The activities outlined in this report are examples of how we continue to honor our longtime guiding principle to ‘Do the Right Thing’ for our communities, colleagues, clients and shareholders,” said Mark Grescovich, President and CEO of Banner Corporation and Banner Bank.
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Life insurance Net interest income was $142.5 million in the second quarter of 2023, compared to $153.3 million in the preceding quarter and $129.0 million in the second quarter a year ago.
Key Points:
- Net interest income was $142.5 million in the second quarter of 2023, compared to $153.3 million in the preceding quarter and $129.0 million in the second quarter a year ago.
- At June 30, 2023, Banner Corporation had $15.58 billion in assets, $10.33 billion in net loans and $13.10 billion in deposits.
- Return on average assets was 1.02%, compared to 1.44% in the preceding quarter and 1.16% in the second quarter a year ago.
- Net interest income was $142.5 million in the second quarter of 2023, compared to $153.3 million in the preceding quarter and $129.0 million in the second quarter a year ago.
WALLA WALLA, Wash., July 18, 2023 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR) (“Banner”), the parent company of Banner Bank, today announced that Kroll Bond Rating Agency, LLC (KBRA) affirmed the senior unsecured debt rating of BBB+, the subordinated debt rating of BBB, and the short-term debt rating of K2 for Banner Corporation.
Key Points:
- WALLA WALLA, Wash., July 18, 2023 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR) (“Banner”), the parent company of Banner Bank, today announced that Kroll Bond Rating Agency, LLC (KBRA) affirmed the senior unsecured debt rating of BBB+, the subordinated debt rating of BBB, and the short-term debt rating of K2 for Banner Corporation.
- In addition, KBRA affirmed the deposit and senior unsecured debt ratings of A-, the subordinated debt rating of BBB+, and the short-term deposit and debt ratings of K2 for the company's principal subsidiary, Banner Bank.
- The agency also noted they determined the outlook for all of Banner’s long-term ratings is Stable.
- “We are pleased to receive an affirmation of our investment grade rating from KBRA,” said Mark Grescovich, President and CEO.