BANNER CORP (BANR) Form 10-Q — Aug 4, 2026
Banner Corporation reported second quarter 2026 net income of $48.9 million, or $1.43 per diluted share, up from $45.5 million, or $1.31, a year earlier, bringing first-half 2026 net income to $103.6 million ($3.03 diluted EPS) versus $90.6 million ($2.61) in the first half of 2025. The balance sheet expanded to $16.59 billion in total assets at June 30, 2026, with loans receivable up $272.7 million year-to-date to $11.99 billion and total deposits of $13.79 billion; net interest income rose to $153.7 million in the quarter with the tax-equivalent net interest margin at 4.13%.
Key figures
- Eps
- 1.43
- Revenue
- 171962000
- Net Income
- 48886000
- Total Assets
- 16593547000
- Cash Position
- 435452000
- Shares Outstanding
- 33984909
- Total Deposits
- 13789593000
- Net Income Yo YQ2
- +7.5% vs Q2 2025 ($45.5 million)
- Book Value Per Share
- 58.83
- Six Month Net Income
- 103602000
- Dividend Per Share Q2
- 0.52
- Loan To Deposit Ratio
- 87%
- Six Month Diluted Eps
- 3.03
- Merger Exchange Ratio
- 0.2633 Banner shares per Pacific Financial common share
- Net Interest Income Q2
- 153740000
- Non Performing Assets
- $60.5 million (0.36% of total assets, up from 0.32% at March 31, 2026)
- Total Loans Receivable
- 11994410000
- Return On Average Assets
- 1.20%
- Return On Average Equity
- 9.91%
- Share Repurchase Q1 2026
- 250,000 shares at average $64.56 per share
- Allowance For Credit Losses
- $161.8 million (1.35% of total loans receivable)
- Tangible Book Value Per Share
- 47.82
- Provision For Credit Losses Q2
- 3818000
- Net Interest Margin Tax Equivalent
- 4.13%
Price after filing
Close on the filing date to close N calendar days later (from $71.81). Historical, not a forecast.
AI analysis
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