The Zacks Savings and Loan industry is expected to benefit from the Federal Reserve’s interest rate cuts. This is likely to support a decent rise in loan demand. Also, relatively lower rates will stabilize funding costs over time, supporting net interest income (NII) and net interest margin (NIM) expansion.The digitization of operations and a stable deposit base are anticipated to support industry players in the near term. Thus, some of the industry players like Banner Corporation (BANR) , HomeStreet, Inc. ...

For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Banner (BANR) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Finance sector should help us answer this question.Banner is one of 871 individual stocks in the Finance sector. Collectively, these c ...

PHOENIX and ORANGE, Calif., Nov. 25, 2024 (GLOBE NEWSWIRE) -- Alignment Health Plan, an award-winning Medicare Advantage (MA) plan from Alignment Health, today announced that members enrolled in its HMO plans in Maricopa County now have access to over 4,500 primary care providers, specialists and hospitals, including more than a dozen Banner Health hospitals, through its partnership with Arizona Priority Care, an affiliate of Heritage Provider Network. “As Alignment enters its fourth year in Arizona, we’re ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM ______________ to ______________ Commission File Number 000-26584 BANNER CORPORATION (Exact name of registrant as specified in its charter) Washington 91- ...

My last article on Banner Corporation (NASDAQ: BANR ) dates back to June 2023; my rating was a buy and since then, the stock has gained +49%, outperforming the S&P 500 by 16%. The very low cost of deposits combined with a gradual improvement inHi there, welcome to my profile. My name is Eugenio Catone, I live in Italy and I am 26 years old. In 2023 I graduated in Business Administration and I am completing my studies. My interest in financial markets started about 5 years ago when I accidentally came across ...

Banner Corporation (NASDAQ:BANR) Q3 2024 Earnings Conference Call October 17, 2024 11:00 AM ET Company Participants Mark Grescovich - President and Chief Executive Officer Rich Arnold - Head of Investor Relations Rob Butterfield - Chief Financial Officer Jill Rice - Chief Credit Officer Conference Call Participants Andrew Terrell - Stephens, Inc Jeff Rulis - D.A. Davidson David Feaster - Raymond James Andrew Liesch - Piper Sandler Kelly Motta - KBW Timothy Coffey - Janney Montgomery Scott Operator Good morn ...

Third Quarter 2024 Photo by Salvador Saldana Photo by Yvonne McDonald Photo by Maria DeVecchio Photo by Siti Alimah Disclosure Statement This presentation includes forward-looking statements. These statements include descriptions of management's plans, objectives or goals for future operations, products or services, forecast of financial or other performance measures and statements about Banner's general outlook for economic and other conditions. Additional forward-looking statements may be made in the ques ...

For the quarter ended September 2024, Banner (BANR) reported revenue of $153.74 million, down 0.4% over the same period last year. EPS came in at $1.30, compared to $1.43 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $152.95 million, representing a surprise of +0.52%. The company delivered an EPS surprise of +10.17%, with the consensus EPS estimate being $1.18.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Stre ...

Banner (BANR) came out with quarterly earnings of $1.30 per share, beating the Zacks Consensus Estimate of $1.18 per share. This compares to earnings of $1.43 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10.17%. A quarter ago, it was expected that this regional bank would post earnings of $1.14 per share when it actually produced earnings of $1.17, delivering a surprise of 2.63%.Over the last four quarters, the company has ...

Exhibit 99.1 NEWS RELEASE CONTACT: MARK J. GRESCOVICH, PRESIDENT & CEO ROBERT G. BUTTERFIELD, CFO (509) 527-3636 Banner Corporation Reports Net Income of $45.2 Million, or $1.30 Per Diluted Share, for Third Quarter 2024; Declares Quarterly Cash Dividend of $0.48 Per Share Walla Walla, WA - October 16, 2024 - Banner Corporation (NASDAQ GSM: BANR) ("Banner"), the parent company of Banner Bank, today reported net income of $45.2 million, or $1.30 per diluted share, for the third quarter of 2024, compared to $3 ...