Associated tags: United, Banner Bank, Banner, Bank, Life insurance
Locations: WALLA WALLA, WA, US, ARIZONA, IDAHO, CALIFORNIA, OREGON, UNITED STATES, NORTH AMERICA, WASHINGTON
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Multimedia The Banner Bank executive leadership team is pleased to announce Executive Vice President Jim Costa has been promoted to Chief Operating Officer in addition to his role as Chief Risk Officer.
Key Points:
- The Banner Bank executive leadership team is pleased to announce Executive Vice President Jim Costa has been promoted to Chief Operating Officer in addition to his role as Chief Risk Officer.
- Costa will continue leading the risk management function while drawing on his past operational experience in the COO role to ensure we maintain our operational excellence across key back-office functions.
- “With nearly 30 years of experience in large and mid-size regional banks, he is the ideal candidate for this expanded role.”
Prior to joining Banner, Costa served as Chief Risk Officer and Chief Credit Officer for Minnesota-based TCF Financial, a $48 billion asset regional bank which is now part of Huntington Bank.
- “I am excited for this opportunity to collaborate in new ways with fellow leaders across our organization to ensure we’re driving further success for the Bank,” said Jim Costa, Executive Vice President, Chief Risk Officer and Chief Operating Officer.
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.
Retrieved on:
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.
Newsweek has selected Banner Bank as one of America’s Most Trustworthy Companies 2024, ranking Banner 3rd among the 27 banks and credit unions that made the cut.
Key Points:
- Newsweek has selected Banner Bank as one of America’s Most Trustworthy Companies 2024, ranking Banner 3rd among the 27 banks and credit unions that made the cut.
- This prestigious list is compiled by Newsweek, in collaboration with market research partner Statista Inc., the world-leading statistics portal and industry ranking provider.
- From that, Newsweek and Statista teams selected the 700 most trustworthy companies across 23 industries.
- Last year, Newsweek selected Banner for the same recognition as well as one of the World’s Most Trustworthy Companies.
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.
PHOENIX, March 14, 2024 /PRNewswire/ -- Banner – University Family Care announced a new partnership with Foodsmart, the nation's largest food benefits management company. The partnership supports the shared mission to improve the health and quality of life of Banner – University Family Care members through nutritional education and improved access to healthy food at scale.
Key Points:
- Banner – University Family Care members will now receive unlimited access to virtual visits with a personal dietitian, medically tailored meals, SNAP enrollment, Foodsmart Bucks grocery funds, and the premium Foodsmart app for no out-of-pocket costs.
- PHOENIX, March 14, 2024 /PRNewswire/ -- Banner – University Family Care announced a new partnership with Foodsmart, the nation's largest food benefits management company.
- The partnership supports the shared mission to improve the health and quality of life of Banner – University Family Care members through nutritional education and improved access to healthy food at scale.
Retrieved on:
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.
Retrieved on:
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 .
Retrieved on:
Tuesday, November 21, 2023
In 2019, the company did a little over $100 million of revenue with ~$9 million of EBITDA.
Key Points:
- In 2019, the company did a little over $100 million of revenue with ~$9 million of EBITDA.
- For the Last Twelve Month (“LTM”) period Banner has more than tripled in size to nearly $350 million of revenue and EBITDA has expanded to ~$55 million.
- MiddleGround acquired Castle earlier this year and Fund I has warehoused the deal using recyclable capital while MiddleGround raised the CV.
- Dechert LLP served as a buy-side legal advisor and Greenberg Traurig LLP served as a sell-side legal advisor to MiddleGround Capital.
Retrieved on:
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.
