Banner Q1 net income $37.6M ($1.09 EPS) down 32% YoY; declares $0.48 dividend

BANNER CORP

2024-Q1 EPS reported $1.09

Net income of $37.6M ($1.09 diluted EPS) vs $55.6M ($1.61) a year ago, down 32%.
Net interest income $133.0M; NIM (tax-equivalent) 3.74% vs 4.30% a year ago.
Total deposits $13.16B; core deposits 89% of total; uninsured deposits ~31%.
Non-performing assets stable at $29.9M (0.19% of assets); allowance 1.39% of loans.
Board declared $0.48 per share quarterly dividend, payable May 10 to record Apr 30.

item 2.02 item 7.01 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

BANNER CORP reported the first quarter of 2024 results: revenue $144.6 million, net income $37.6 million, EPS $1.09 per diluted share.

Period: the first quarter of 2024
Revenue: $144.6 million
Net income: $37.6 million
EPS: $1.09 per diluted share
Result: reported results

Exact text from the filing

of the top 20 largest western Metropolitan Statistical Areas by population. BANR - First Quarter 2024 Results April 17, 2024 Page 2 First Quarter 2024 Highlights • Revenues were $144.6 million for the first quarter of 2024, compared to $152.5 million in the preceding quarter and $162.6 million in the first quarter a year ago. • Adjusted revenue* (the total of net

View on SEC.gov

1341 earnings releases filed in the last 30 days. Browse all earnings releases →

BANNER CORP filing history →

Source: SEC EDGAR

accession 0000946673-24-000012

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.