BANNER CORP

Banner Corporation reported net income of $48.9 million, or $1.43 per diluted share, for the second quarter of 2026. This compares to $54.7 million in the preceding quarter and $45.5 million in the second quarter of 2025. Net interest income increased to $153.7 million. The Board of Directors declared a regular quarterly cash dividend of $0.52 per share, payable on August 14, 2026. The company also highlighted its previously announced agreement to acquire Pacific Financial Corporation, expected to close in Q3 2026.

Banner Corporation held its Annual Meeting of Shareholders on May 20, 2026. Shareholders elected twelve directors to serve a one-year term. Additionally, an advisory vote to approve executive compensation passed, and the appointment of Baker Tilly US, LLP as the independent registered public accounting firm for 2026 was ratified. A quorum was present with 26,898,124 shares represented.

Banner Corp reported strong financial results for the first quarter of 2026, with net income increasing by over 21% to $54.7 million and basic EPS rising to $1.61. Net interest income also saw a healthy increase of 6.44% year-over-year. The company benefited from a recapture of provision for credit losses and increased its quarterly dividend to $0.50 per share, while also engaging in share repurchases.

Banner Corp reported strong first-quarter 2026 results, with net income increasing to $54.7 million from $51.2 million in the previous quarter. The company saw HFI loan growth of $269 million year-over-year and core deposits increased by $165 million quarter-over-quarter. Net interest margin expanded by 8 basis points to 4.11%, and the company announced a 4% increase in its cash dividend to $0.52 per share, reflecting solid financial performance and a commitment to shareholder returns.