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Banner Corp (BANR.OQ)

BANR.OQ on NASDAQ Stock Exchange Global Select Market

53.35USD
17 May 2019
Change (% chg)

$0.00 (+0.00%)
Prev Close
$53.35
Open
$53.52
Day's High
$54.49
Day's Low
$53.26
Volume
117,212
Avg. Vol
86,421
52-wk High
$67.10
52-wk Low
$51.05

Latest Key Developments (Source: Significant Developments)

Banner Reports Q1 EPS Of $0.95
Wednesday, 24 Apr 2019 

April 24 (Reuters) - Banner Corp ::ORATION REPORTS NET INCOME OF $33.3 MILLION, OR $0.95 PER DILUTED SHARE, IN FIRST QUARTER 2019; REVENUE GROWS BY 11% FROM FIRST QUARTER OF 2018; COMPLETION OF SKAGIT BANK INTEGRATION COMPLEMENTED BY GOOD CORE DEPOSIT GROWTH.Q1 EARNINGS PER SHARE $0.95.Q1 REVENUE $134.2 MILLION VERSUS REFINITIV IBES ESTIMATE OF $118.3 MILLION.Q1 EARNINGS PER SHARE ESTIMATE $1.03 -- REFINITIV IBES DATA.  Full Article

Banner Corporation Increases Quarterly Cash Dividend By 8 Pct To $0.41 Per Share
Wednesday, 27 Mar 2019 

March 27 (Reuters) - Banner Corp ::BANNER CORPORATION INCREASES QUARTERLY CASH DIVIDEND BY 8% TO $0.41 PER SHARE, RENEWS STOCK REPURCHASE PROGRAM AND SCHEDULES 1Q19 CONFERENCE CALL AND WEBCAST.BANNER - RENEWED AUTHORIZATION TO REPURCHASE UP TO 5% OF ITS COMMON STOCK, OR 1.8 MILLION SHARES.  Full Article

Banner Corp Increases Qtrly Cash Dividend By 40 Pct To $0.35 Per Share
Wednesday, 28 Mar 2018 

March 28 (Reuters) - Banner Corp ::BANNER CORPORATION INCREASES QUARTERLY CASH DIVIDEND BY 40% TO $0.35 PER SHARE, SCHEDULES 1Q18 CONFERENCE CALL AND WEBCAST AND RENEWS STOCK REPURCHASE PROGRAM.BANNER CORP - ‍BOARD OF DIRECTORS HAS RENEWED ITS AUTHORIZATION TO REPURCHASE UP TO 5% OF ITS COMMON STOCK, OR 1.6 MILLION SHARES​.BANNER CORP - ‍UNDER PLAN, SHARES MAY BE REPURCHASED BY COMPANY IN OPEN MARKET PURCHASES​.  Full Article

Banner Corp Announces Write Down Of Deferred Tax Asset And Balance Sheet Restructuring
Thursday, 4 Jan 2018 

Jan 4 (Reuters) - Banner Corp ::BANNER CORPORATION ANNOUNCES WRITE DOWN OF DEFERRED TAX ASSET AND BALANCE SHEET RESTRUCTURING; YEAR END ASSETS OF LESS THAN $10 BILLION.BANNER CORP - ‍AS A RESULT OF TAX CUTS AND JOB ACT ENACTED DECEMBER 22, 2017, IT WILL BE REQUIRED TO REVALUE ITS DEFERRED TAX ASSETS AND LIABILITIES​.BANNER - ‍BASED ON ITS PRELIMINARY ANALYSIS, BANNER EXPECTS TO RECORD A ONE-TIME NET TAX CHARGE CURRENTLY ESTIMATED TO BE BETWEEN $40 MILLION AND $43 MILLION​.BANNER CORP - ‍SOLD APPROXIMATELY $450 MILLION OF INVESTMENT SECURITIES IN AVAILABLE FOR SALE PORTFOLIO DURING Q4 OF 2017.BANNER - AS A RESULT OF REDUCED MARGINAL FEDERAL TAX RATE CO ANTICIPATES BLENDED EFFECTIVE FEDERAL & STATE TAX RATE WILL BE ABOUT 22% TO 23% IN 2018.  Full Article

Banner Corporation reports Q3 earnings per share $0.76
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Banner Corp :Banner corporation reports third quarter net income of $25.1 million, or $0.76 per diluted share; highlighted by strong loan and core deposit growth.Q3 earnings per share $0.76.Q3 revenue $120.8 million versus I/B/E/S view $101.4 million.Q3 earnings per share view $0.78 -- Thomson Reuters I/B/E/S.Banner Corp - ‍ Q3 net interest income, before provision for loan losses, was $100.2 million compared to $93.7 million in Q3 a year ago​.  Full Article

People's Utah Bancorp expands franchise by acquiring 7 Utah branches from Banner Bank
Thursday, 27 Jul 2017 

July 27 (Reuters) - People's Utah Bancorp ::People's Utah Bancorp expands franchise by acquiring seven utah branches from banner bank.People's Utah Bancorp says expect transaction will be immediately accretive to earnings once completed.  Full Article

Banner Bank to sell Utah branches to People’S Intermountain Bank
Thursday, 27 Jul 2017 

July 27 (Reuters) - Banner Corp :Banner bank agrees to sell utah branches to people’s intermountain bank.Banner - ‍purchase and assumption agreement includes approximately $260 million in loans, $180 million in deposits​.Banner - ‍utah branches will continue operating as banner bank until transaction is completed​.Banner - ‍purchase and assumption agreement includes all of banner bank's seven utah branches​.Banner - at completion, branches will operate under name of bank of american fork, a division of people's intermountain bank.Banner corp - enters purchase and assumption agreement to sell its utah branches and related assets and liabilities to people's intermountain bank​.  Full Article

Banner Corporation Q2 earnings per share $0.77
Wednesday, 26 Jul 2017 

July 26 (Reuters) - Banner Corp :Banner Corporation second quarter net income increases to $25.5 million, or $0.77 per diluted share; fueled by strong net interest income, increased deposit fees and mortgage banking revenues.Q2 earnings per share $0.77.Q2 revenue rose 6 percent to $122.9 million.Q2 earnings per share view $0.72 -- Thomson Reuters I/B/E/S.Q2 net interest income, before provision for loan losses increased 7% compared to $93.1 million in q2 a year ago.Banner Corp qtrly ‍net interest margin was 4.33% for current quarter, compared to 4.25% in preceding quarter​.  Full Article

Banner Corp declares dividend
Wednesday, 28 Jun 2017 

June 28 (Reuters) - Banner Corp :Banner corp - declared a regular quarterly cash dividend of $0.25 per share and a special cash dividend in amount of $1.00 per share.  Full Article