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

Banner Reports Q3 Net Income of $47.7 Million, Down From $53.5 Million a Year Ago

Mixed Impact 3 of 5 earnings

Banner Corporation reported third-quarter 2026 net income of $47.7 million, or $1.36 per diluted share, down from $48.9 million, or $1.43 per share, in the prior quarter and $53.5 million, or $1.54 per share, a year earlier. Revenue rose 4% year over year to $177.3 million, helped by the September 1, 2026 acquisition of Pacific Financial Corporation, while merger costs and higher non-interest expense weighed on profit. The company also declared a regular quarterly dividend of $0.52 per share.

Key points

  • Q3 2026 net income $47.7 million, $1.36 per diluted share, versus $1.54 per share in Q3 2025
  • Revenue $177.3 million, up 4% from $170.7 million in Q3 2025
  • Merger-related expenses $5.2 million in Q3 2026 following the Pacific Financial acquisition completed September 1, 2026
  • Quarterly cash dividend of $0.52 per share payable November 13, 2026, to holders of record on November 5, 2026

The filing

CompanyBanner (BANR)
Form8-K, current report
Filed with the SECOct 21, 2026, 4:35 PM ET
Accession number0000946673-26-000196

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 7, 2026, 11:17 PM ET, from this filing only.

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.