BANNER CORP (BANR) Form 10-Q — Nov 3, 2026
Banner Corporation reported third quarter 2026 net income of $47.7 million, or $1.36 per diluted share, down from $48.9 million ($1.43) in the prior quarter and $53.5 million ($1.54) a year ago, partly due to $5.2 million in merger costs and a $2.1 million securities sale loss. The quarter was dominated by the September 1, 2026 completion of the Pacific Financial Corporation acquisition, which added $1.29 billion in assets, $756.9 million in net loans, and $1.14 billion in deposits for total consideration of $186.8 million, generating $61.2 million of goodwill.
Key figures
- Eps
- 1.36
- Revenue
- 177300000
- Net Income
- 47709000
- Total Assets
- 18083437000
- Cash Position
- 558105000
- Shares Outstanding
- 36442062
- Net income ytd
- 151311000
- Total deposits
- 15393000000
- Diluted eps ytd
- 4.39
- Goodwill recorded
- 61162000
- Diluted eps q3 2025
- 1.54
- Avg repurchase price
- 71.03
- Non performing assets
- 63000000
- Shares repurchased q3
- 200000
- Dividends per share q3
- 0.52
- Total loans receivable
- 12995000000
- Core deposit intangible
- 28600000
- Acquisition assets added
- 1292000000
- Return on average assets
- 1.11%
- Acquisition deposits added
- 1140000000
- Merger related expenses q3
- 5177000
- Acquisition total consideration
- 186846000
- Allowance for credit losses ratio
- 1.32%
- Net interest margin tax equivalent
- 4.14%
AI analysis
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