Every material Form 8-K Banner filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Banner Corporation reported third-quarter 2025 net income of $53.5 million, or $1.54 per diluted share, up from $45.5 million, or $1.31, in the prior quarter and $45.2 million, or $1.30, a year earlier. The company also raised its quarterly cash dividend 4% to $0.50 per share, which matters to shareholders as a higher payout.
Q3 2025 net income $53.5 million, or $1.54 per diluted share, versus $45.5 million, or $1.31, in Q2 2025 and $45.2 million, or $1.30, in Q3 2024
Revenue rose 11% to $170.7 million from $153.7 million a year earlier; net interest margin was 3.98%, up from 3.72%
Quarterly dividend increased 4% to $0.50 per share, payable November 14, 2025, to holders of record on November 4, 2025
Banner repurchased 250,000 shares in Q3 2025 at an average price of $63.11 per share; conference call set for October 16, 2025
Banner Corporation's board elected Millicent Tracey as a director effective September 1, 2025, and she was also named to the Banner Bank board. The board increased its size from 11 to 12 directors, and the filing describes her as independent under NASDAQ standards with more than 20 years of financial services experience.
Tracey was elected August 29, 2025, effective September 1, 2025, and joins the Corporate Governance/Nominating and Risk Committees
Annual cash retainer of $55,000 plus RSUs with a grant date fair value of $65,000, prorated through May 20, 2026
Board expanded from 11 to 12 directors effective September 1, 2025
Banner Corporation's Board of Directors granted its Chief Operating Officer and Chief Risk Officer James M. Costa a restricted stock unit award valued at $300,000, effective August 1, 2025, after performance criteria tied to his May 2024 promotion were met in May 2025. The award vests in three equal annual installments, so it gives Mr. Costa a longer-term stake in the company.
Board approved the $300,000 restricted stock unit award on July 22, 2025, effective August 1, 2025
Mr. Costa was promoted to Chief Operating Officer of Banner Bank in May 2024 and also holds the Chief Risk Officer role
Award vests one-third each on the first three anniversaries of the grant date
Banner Corporation reported second-quarter 2025 net income of $45.5 million, or $1.31 per diluted share, up from $39.8 million, or $1.15 per share, a year earlier. Revenue rose 8% to $162.2 million, and the board declared a $0.48 per share quarterly dividend payable August 15, 2025. Higher loan yields supported the results, partly offset by higher funding costs and a $4.8 million provision for credit losses.
Net income of $45.5 million, or $1.31 per diluted share, versus $39.8 million, or $1.15, in Q2 2024
Revenue of $162.2 million, up 8% from $149.7 million a year earlier
Net interest margin of 3.92%, compared with 3.70% in Q2 2024
Quarterly dividend of $0.48 per share, payable August 15, 2025 to holders of record on August 5, 2025
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.
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
Banner Corporation reported fourth-quarter 2024 net income of $46.4 million, or $1.34 per diluted share, up from $45.2 million, or $1.30, in the prior quarter and $42.6 million, or $1.24, a year earlier. For the full year 2024, net income fell to $168.9 million, or $4.88 per diluted share, from $183.6 million, or $5.33, in 2023. The Board also declared a regular quarterly dividend of $0.48 per share, payable February 14, 2025.
Q4 2024 revenue was $160.6 million, up from $153.7 million in Q3 2024 and $152.5 million in Q4 2023.
Q4 2024 net interest income was $140.5 million, compared with $135.7 million in Q3 2024.
Full-year 2024 net income was $168.9 million, or $4.88 per diluted share, versus $183.6 million, or $5.33, in 2023.
Quarterly cash dividend of $0.48 per share is payable February 14, 2025, to holders of record on February 4, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Banner filing is on SEC EDGAR ↗. 8-K briefs of other companies →