earnings
confidence high
sentiment positive
materiality 0.75
Banner Q1 net income $54.7M ($1.60 EPS), up 21% YoY; raises dividend 4% to $0.52/share
BANNER CORP
2026-Q1 EPS reported
$1.60
- Net income $54.7M ($1.60 diluted EPS) vs $45.1M ($1.30) in Q1 2025; revenue $169.3M, up 6% YoY.
- Net interest margin expanded to 4.11% from 3.92% a year ago; net interest income $150.2M.
- Board declared quarterly dividend $0.52/share (+4% from $0.50), payable May 15 to holders of record May 5.
- Repurchased 250,000 shares in Q1 at avg $64.56/share; tangible book value per share $47.00 (+11% YoY).
- Non-performing assets low at 0.32% of total assets; credit quality solid with allowance at 1.37% of loans.