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Banner Reports Q4 2024 Growth and Dividend Announcement

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Banner Reports Q4 2024 Growth and Dividend Announcement

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Banner ( (BANR) ) has provided an announcement.

On January 22, 2025, Banner Corporation reported a net income of $46.4 million for the fourth quarter of 2024, showing an increase from the previous quarter and the same quarter a year prior. The company announced a quarterly cash dividend of $0.48 per share, payable on February 14, 2025. Banner’s financial performance benefited from loan growth and lower funding costs, although this was partially offset by a declining interest rate environment. The company maintained strong credit metrics and a robust capital base, with core deposits representing a significant portion of total deposits, highlighting a resilient position in a competitive market.

More about Banner

Banner Corporation is a financial services company operating in the banking industry, primarily through its subsidiary Banner Bank. The company offers a range of banking products and services and operates 135 branch offices across key metropolitan areas in the western United States.

YTD Price Performance: 7.04%

Average Trading Volume: 221,245

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $2.44B

For a thorough assessment of BANR stock, go to TipRanks’ Stock Analysis page.

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