---
schema_version: "secwatch.filing_event.v1"
accession: "0000946673-23-000034"
form_type: "8-K"
ticker: "BANR"
cik: "0000946673"
company_name: "BANNER CORP"
filed_at: "2023-10-18T23:59:59+00:00"
generated_at: "2026-06-09T22:19:42.875301+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Banner Corp Q3 net income $45.9M ($1.33 EPS), down 7% YoY; declares $0.48 dividend

## Summary
- Net income of $45.9M ($1.33 diluted EPS) vs $49.1M ($1.43) in Q3 2022; up 16% from prior quarter.
- Net interest income $141.8M, down 1% QoQ and 3% YoY; net interest margin (tax eq.) 3.93%.
- Provision for credit losses $2.0M vs $6.8M in prior quarter and $6.1M in Q3 2022.
- Core deposits 89% of total $13.17B deposits; uninsured deposits (excl. collateralized) 28%.
- Quarterly cash dividend of $0.48 per share declared, payable Nov 13, 2023 to holders of record Nov 3.

## SEC filing metadata
- accession: 0000946673-23-000034
- form_type: 8-K
- ticker: BANR
- cik: 0000946673
- company_name: BANNER CORP
- filed_at: 2023-10-18T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/946673/000094667323000034/0000946673-23-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/946673/000094667323000034/banr-20231018.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000946673-23-000034
- JSON: https://secwatch.observer/filing/0000946673-23-000034.json
- Plain text: https://secwatch.observer/filing/0000946673-23-000034.txt

## Key facts
- Earnings Releases
  BANNER CORP reported the third quarter of 2023 results: net income $45.9 million, EPS $1.33 per diluted share.
  - Period: the third quarter of 2023
  - Net income: $45.9 million
  - EPS: $1.33 per diluted share
  - Result: reported results
  source text: Banner Corporation Reports Net Income of $45.9 Million, or $1.33 Per Diluted Share, for Third Quarter 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/946673/000094667323000034/0000946673-23-000034-index.htm
- Earnings Releases
  BANNER CORP reported the nine months ended September 30, 2023 results: net income $141.0 million, EPS $4.09 per diluted share.
  - Period: the nine months ended September 30, 2023
  - Net income: $141.0 million
  - EPS: $4.09 per diluted share
  - Result: reported results
  source text: Net income was $141.0 million, or $4.09 per diluted share, for both the nine months ended September 30, 2023 and 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/946673/000094667323000034/0000946673-23-000034-index.htm
- Earnings Releases
  BANNER CORP reported financial results for the quarter ended September 30, 2023.
  - Period: the quarter ended September 30, 2023
  - Result: reported results
  source text: On October 18, 2023, Banner Corporation issued its earnings release for the quarter ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/946673/000094667323000034/0000946673-23-000034-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.