secwatch.observer — SEC 8-K summary
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Issuer:     BANNER CORP (BANR)
CIK:        0000946673
Form:       8-K
Filed at:   2024-10-16T23:59:59+00:00
Accession:  0000946673-24-000029
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Banner Corp Q3 2024 net income $45.2M ($1.30 EPS); quarterly dividend $0.48
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- Net income of $45.2M ($1.30 diluted EPS) vs $39.8M ($1.15) prior quarter and $45.9M ($1.33) year ago.
- Net interest income $135.7M, up from $132.5M prior quarter but down from $141.8M year ago.
- Provision for credit losses decreased to $1.7M from $2.4M prior quarter.
- Loans receivable $11.07B (+6% YoY); non-performing assets at 0.28% of assets (up from 0.17% a year ago).
- Declared quarterly dividend of $0.48/share, payable Nov 15, 2024 to holders of record Nov 5.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/946673/000094667324000029/0000946673-24-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/946673/000094667324000029/banr-20241016.htm
  HTML page:      https://secwatch.observer/filing/0000946673-24-000029

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer