Banner Corp. ( (BANR) ) has released its Q3 earnings. Here is a breakdown of the information Banner Corp. presented to its investors.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Banner Corporation, a bank holding company based in Walla Walla, Washington, operates Banner Bank with a network of branches across four Western states, offering a range of financial services including deposits, loans, and mortgage banking.
In its third-quarter earnings report for 2025, Banner Corporation announced a net income of $53.5 million, or $1.54 per diluted share, marking an increase from the previous quarter and the same quarter last year. The company also declared a 4% increase in its quarterly cash dividend to $0.50 per share, reflecting its strong financial performance.
Key financial highlights from the report include a 5% increase in revenue to $170.7 million and an 11% increase in net interest income to $150.0 million compared to the same quarter last year. The company maintained a robust net interest margin of 3.98%, benefiting from higher yields on interest-earning assets and reduced funding costs. Additionally, Banner’s core deposits represented 89% of total deposits, underscoring its stable funding base.
Banner’s management expressed confidence in its strategic investments, which have led to solid loan growth and strong credit quality. The company’s capital position remains strong, with a total capital to risk-weighted assets ratio of 14.66%, providing resilience and flexibility for future growth.
Looking ahead, Banner Corporation aims to continue leveraging its super community bank strategy to build client relationships and sustain growth, while navigating potential economic challenges with a well-capitalized and risk-managed approach.