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Banner Corp. - BANR STOCK NEWS

Welcome to our dedicated page for Banner news (Ticker: BANR), a resource for investors and traders seeking the latest updates and insights on Banner stock.

Banner Corp (symbol: BANR) is a prominent bank holding company, wholly owning Banner Bank. With over 125 years of service and more than 100 locations across Washington, Oregon, California, Idaho, and Utah, Banner Bank is known for its comprehensive financial services tailored to meet diverse customer needs. As a community bank, Banner Bank offers a high level of individual service while providing competitive products often associated with nationwide financial institutions.

Banner Bank's core business involves traditional banking services such as accepting deposits and originating loans. It also actively participates in the secondary loan markets, particularly through mortgage banking operations, focusing on the origination and sale of one to four family residential loans.

Banner Corp remains committed to delivering exceptional banking solutions for both individuals and businesses. Recent achievements include steady growth in financial performance and an expanding client base. As of June 30, 2023, Banner Corp announced it would report its second-quarter results, followed by a management conference call scheduled for July 20, 2023, at 8:00 a.m. PDT (11:00 a.m. EDT) to discuss these results in detail.

Banner Corp prides itself on being a community-focused institution while maintaining a competitive edge in the financial market. With a strong financial foundation and consistent regulatory compliance, Banner Corp continues to drive valuable outcomes for its stakeholders. For more detailed and updated information, you can visit Banner Bank's official website or attend their upcoming financial results conference call.

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Banner Bank has been honored by Forbes as one of the 100 Best Banks in America for the eighth consecutive year. This recognition is based on ten financial metrics including net interest margin, return on average tangible common equity, and stock performance for the year 2023.

Banner Bank, a commercial bank operating in Washington, Oregon, California, and Idaho, is part of Banner , a $15.7 billion bank holding company. This marks Banner's fourth national recognition in 2024, adding to accolades from Newsweek and Forbes in cybersecurity and trustworthiness.

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Banner Bank has promoted Jim Costa, Executive Vice President and Chief Risk Officer, to Chief Operating Officer. This move aims to streamline the bank's operations, integrating technology, operations, and risk management to foster growth while maintaining a moderate risk profile. CEO Mark J. Grescovich highlighted Costa's nearly 30 years of experience in regional banks and his previous roles at TCF Financial. This change reflects Banner Bank's commitment to internal talent development and positioning for future success in a rapidly evolving industry. Banner Bank operates in Washington, Oregon, California, and Idaho, and is part of Banner (NASDAQ: BANR), a $15.7 billion bank holding company.

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Banner (NASDAQ: BANR), the parent company of Banner Bank, announced that shareholders approved all proposals and re-elected all director nominees at the 2024 Annual Meeting of Shareholders held virtually on May 22, 2024.

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Banner reported a net income of $37.6 million, or $1.09 per diluted share, for the first quarter of 2024. The company declared a quarterly cash dividend of $0.48 per share. Net interest income decreased compared to the prior year, impacted by funding costs. The company's operating performance reflects a focus on a moderate risk profile and strong relationship banking.
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Banner Bank has been named one of America's Most Trustworthy Companies 2024 by Newsweek, ranking 3rd out of 27 banks and credit unions. The selection was based on a survey of 97,000 U.S. residents evaluating customer trust, investor trust, and employee trust.
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Banner (NASDAQ:BANR) to report first quarter results on April 17, 2024, with a conference call scheduled for April 18, 2024.
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Banner Corporation (NASDAQ: BANR) reported a net income of $42.6 million for Q4 2023, a 7% decrease compared to the previous quarter and a 22% decrease compared to Q4 2022. Net interest income was $138.4 million, down from $141.8 million in the preceding quarter and $159.1 million a year ago. The company announced a $0.48 per share cash dividend payable on February 16, 2024, to common shareholders of record on February 7, 2024.
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National Philanthropic Trust (NPT) announces the appointment of Jeffrey Armbrister, Lindy Benton-Moreno, and Connie Collingsworth to its Board of Trustees. The company is now the third largest grantmaking organization in the world. Jeffrey Armbrister, Lindy Benton-Moreno, and Connie Collingsworth bring extensive experience in private market investing, technology, law, and philanthropy to the board. Jeffrey Armbrister is the CFO of Hamilton Lane (NASDAQ: HLNE), with 25+ years of investing experience. Lindy Benton-Moreno is a healthcare IT leader and Executive Board Chair of Vyne. Connie Collingsworth has vast experience in governance, risk management, and executive compensation, having served as COO of the Bill & Melinda Gates Foundation.
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Banner Corporation (NASDAQ GSM: BANR) will report its Q4 results on January 18, 2024, followed by a conference call on January 19, 2024. Interested investors can listen to the live call at www.bannerbank.com. Investment professionals can dial (833) 470-1428 to participate.
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Banner Bank has been selected by Newsweek as one of the World’s Most Trustworthy Companies of 2023. The selection was based on an independent survey with 269,000 evaluations focusing on Customer Trust, Investor Trust, and Employee Trust. Banner Bank is the highest-ranking traditional bank on the West Coast.
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FAQ

What is the current stock price of Banner (BANR)?

The current stock price of Banner (BANR) is $73.29 as of December 3, 2024.

What is the market cap of Banner (BANR)?

The market cap of Banner (BANR) is approximately 2.5B.

What services does Banner Bank offer?

Banner Bank offers a wide range of traditional banking services including accepting deposits, originating loans, and participating in mortgage banking operations.

Where are Banner Bank's locations?

Banner Bank has over 100 locations across Washington, Oregon, California, Idaho, and Utah.

What is Banner Corp's primary business?

Banner Corp's primary business involves operating Banner Bank, focusing on traditional banking services and mortgage banking.

How long has Banner Bank been in operation?

Banner Bank has been providing financial services for over 125 years.

Is Banner Bank a community bank?

Yes, Banner Bank is a community bank offering personalized services while also providing competitive products found at nationwide financial institutions.

Does Banner Bank participate in the secondary loan market?

Yes, Banner Bank engages in mortgage banking operations, particularly through the origination and sale of one to four family residential loans.

How can I find more information about Banner Corp's financial performance?

You can visit Banner Bank's official website or attend their scheduled financial results conference calls for detailed and updated information.

When is Banner Corp's next financial results conference call?

Banner Corp's next financial results conference call is scheduled for July 20, 2023, at 8:00 a.m. PDT (11:00 a.m. EDT).

Is Banner Bank a member of FDIC?

Yes, Banner Bank is a member of FDIC.

What states does Banner Bank operate in?

Banner Bank operates in Washington, Oregon, California, Idaho, and Utah.

Banner Corp.

Nasdaq:BANR

BANR Rankings

BANR Stock Data

2.55B
33.69M
1.64%
93.36%
2.11%
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