---
schema_version: "secwatch.filing_event.v1"
accession: "0000946673-24-000012"
form_type: "8-K"
ticker: "BANR"
cik: "0000946673"
company_name: "BANNER CORP"
filed_at: "2024-04-17T23:59:59+00:00"
generated_at: "2026-06-03T22:00:57.336907+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000946673-24-000012
- form_type: 8-K
- ticker: BANR
- cik: 0000946673
- company_name: BANNER CORP
- filed_at: 2024-04-17T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/946673/000094667324000012/0000946673-24-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/946673/000094667324000012/banr-20240417.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000946673-24-000012
- JSON: https://secwatch.observer/filing/0000946673-24-000012.json
- Plain text: https://secwatch.observer/filing/0000946673-24-000012.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/946673/000094667324000012/0000946673-24-000012-index.htm

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