---
schema_version: "secwatch.filing_event.v1"
accession: "0000946673-24-000003"
form_type: "8-K"
ticker: "BANR"
cik: "0000946673"
company_name: "BANNER CORP"
filed_at: "2024-01-18T23:59:59+00:00"
generated_at: "2026-06-06T22:22:27.756923+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Banner Q4 net income $42.6M ($1.24 EPS), down 22% YoY; declares $0.48 dividend

## Summary
- Net income $42.6M vs $54.4M Q4 2022; diluted EPS $1.24 vs $1.58.
- Net interest income $138.4M, down from $159.1M a year ago; NIM 3.83% vs 4.23%.
- Loans grew 2% QoQ to $10.66B; deposits fell to $13.03B from $13.17B.
- Non-performing assets $30.1M (0.19% of assets), up from $23.4M (0.15%) a year ago.
- Quarterly cash dividend of $0.48/share payable Feb 16, 2024, record Feb 7.

## SEC filing metadata
- accession: 0000946673-24-000003
- form_type: 8-K
- ticker: BANR
- cik: 0000946673
- company_name: BANNER CORP
- filed_at: 2024-01-18T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/946673/000094667324000003/0000946673-24-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/946673/000094667324000003/banr-20240118.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000946673-24-000003
- JSON: https://secwatch.observer/filing/0000946673-24-000003.json
- Plain text: https://secwatch.observer/filing/0000946673-24-000003.txt

## Key facts
- Earnings Releases
  BANNER CORP reported the full year of 2023 results: net income $183.6 million, EPS $5.33 per diluted share.
  - Period: the full year of 2023
  - Net income: $183.6 million
  - EPS: $5.33 per diluted share
  - Result: reported results
  source text: Earns $183.6 Million in Net Income, or $5.33 Per Diluted Share, for the Full Year of 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/946673/000094667324000003/0000946673-24-000003-index.htm
- Earnings Releases
  BANNER CORP reported the fourth quarter of 2023 results: net income $42.6 million, EPS $1.24 per diluted share.
  - Period: the fourth quarter of 2023
  - Net income: $42.6 million
  - EPS: $1.24 per diluted share
  - Result: reported results
  source text: Banner Corporation Reports Net Income of $42.6 Million, or $1.24 Per Diluted Share, for Fourth Quarter 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/946673/000094667324000003/0000946673-24-000003-index.htm

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