AI brief of an SEC Form 8-K · Banner (BANR)

Banner Q1 2025 net income $45.1 million, $1.30 per diluted share, up from $1.09 a year ago

Positive Impact 3 of 5 earnings Written later

Banner Corporation reported first-quarter 2025 net income of $45.1 million, or $1.30 per diluted share, up from $37.6 million, or $1.09 per diluted share, a year earlier but down from $46.4 million, or $1.34, in the fourth quarter of 2024. Revenue was $160.2 million, up 11% from a year earlier and slightly below the prior quarter's $160.6 million. The company also declared a regular quarterly cash dividend of $0.48 per share.

Key points

  • Net income $45.1 million vs. $46.4 million in Q4 2024 and $37.6 million in Q1 2024
  • Net interest margin 3.92%, up from 3.82% in Q4 2024 and 3.74% a year earlier
  • Provision for credit losses $3.1 million, compared with $520,000 in Q1 2024
  • Quarterly dividend of $0.48 per share, payable May 9, 2025, to holders of record on April 29, 2025

The filing

CompanyBanner (BANR)
Form8-K, current report
Filed with the SECApr 16, 2025, 4:35 PM ET
Accession number0000946673-25-000026

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 16, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.