secwatch.observer — SEC 8-K summary
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Issuer:     BANNER CORP (BANR)
CIK:        0000946673
Form:       8-K
Filed at:   2026-08-03T21:21:53+00:00
Accession:  0000946673-26-000169
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Banner Corp authorizes repurchase of up to 1.7M shares (~5% of outstanding)
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- Board authorized repurchase of up to 1.7 million shares, approximately 5% of issued and outstanding common stock.
- CEO Mark Grescovich stated the stock represents an attractive value proposition and repurchases build long-term shareholder value.
- Repurchases will be made in open market purchases depending on market conditions and other corporate considerations.
- Banner Corporation is a $16.59 billion bank holding company operating in four Western states.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/946673/000094667326000169/0000946673-26-000169-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/946673/000094667326000169/banr-20260803.htm
  HTML page:      https://secwatch.observer/filing/0000946673-26-000169

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