---
schema_version: "secwatch.filing_event.v1"
accession: "0000946673-26-000196"
form_type: "8-K"
ticker: "BANR"
cik: "0000946673"
company_name: "BANNER CORP"
filed_at: "2026-10-21T20:35:57+00:00"
generated_at: "2026-10-21T20:37:07.122784+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Banner Q3 EPS falls to $1.36 from $1.54 YoY; net income $47.7M after Pacific Financial deal close

## Summary
- Net income $47.7M, or $1.36 per diluted share, vs $48.9M/$1.43 in Q2 2026 and $53.5M/$1.54 in Q3 2025; results included $5.2M of M&A costs.
- Revenue $177.3M, up 4% YoY from $170.7M; net interest income $161.9M vs $150.0M a year ago; tax-equivalent NIM 4.14% vs 3.98%.
- Completed Pacific Financial (Bank of the Pacific) acquisition Sept 1, 2026; assets $18.08B, net loans $12.82B (+11% YoY), deposits $15.39B.
- Loan originations $1.28B, up 61% YoY; provision for credit losses $2.8M; non-performing assets 0.35% of assets vs 0.27% a year ago.
- Declared quarterly dividend of $0.52 per share, payable Nov 13, 2026, record Nov 5; repurchased 200,000 shares in Q3 at average $71.03.

## SEC filing metadata
- accession: 0000946673-26-000196
- form_type: 8-K
- ticker: BANR
- cik: 0000946673
- company_name: BANNER CORP
- filed_at: 2026-10-21T20:35:57+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/946673/000094667326000196/0000946673-26-000196-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/946673/000094667326000196/banr-20261021.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000946673-26-000196
- JSON: https://secwatch.observer/filing/0000946673-26-000196.json
- Plain text: https://secwatch.observer/filing/0000946673-26-000196.txt

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