---
schema_version: "secwatch.filing_event.v1"
accession: "0000946673-25-000049"
form_type: "8-K"
ticker: "BANR"
cik: "0000946673"
company_name: "BANNER CORP"
filed_at: "2025-07-24T23:59:59+00:00"
generated_at: "2026-05-18T03:02:52.013808+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Banner board authorizes repurchase of up to 5% of common stock (1.73M shares)

## Summary
- Repurchase of up to 1,729,199 shares, ~5% of issued and outstanding common stock.
- CEO cites 'compelling investment opportunity' and long-term shareholder value creation.
- Shares may be bought in open market; timing depends on market conditions and corporate considerations.
- Banner Corporation is a $16.44 billion bank holding company operating Banner Bank in four Western states.
- Program effective July 24, 2025; no expiration date stated.

## SEC filing metadata
- accession: 0000946673-25-000049
- form_type: 8-K
- ticker: BANR
- cik: 0000946673
- company_name: BANNER CORP
- filed_at: 2025-07-24T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/946673/000094667325000049/0000946673-25-000049-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/946673/000094667325000049/banr-20250724.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000946673-25-000049
- JSON: https://secwatch.observer/filing/0000946673-25-000049.json
- Plain text: https://secwatch.observer/filing/0000946673-25-000049.txt

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