Banner Corporation (NASDAQ:BANR) Q1 2024 Earnings Call Transcript April 18, 2024 11:00 AM ET Company Participants Mark Grescovich - President and CEO Rich Arnold - Head of IR Jill Rice - CCO Rob Butterfield - CFO Conference Call Participants Andrew Liesch - Piper Sandler Andrew Terrell - Stephens, Inc. David Feaster - Raymond James Kelly Motta - KBW Timothy Coffey - Janney Montgomery Scott Operator Hello, all, and welcome to Banner Corporation's First Quarter 2024 Conference Call and Webcast. My name is Lyd ...

First Quarter 2024 Photo by Photo by Photo by Photo by Siti Alimah Yvonne McDonald Maria DeVecchio Salvador Saldana 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 ...

Banner (BANR) reported $144.55 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 11.1%. EPS of $1.22 for the same period compares to $1.79 a year ago.The reported revenue represents a surprise of -4.06% over the Zacks Consensus Estimate of $150.67 million. With the consensus EPS estimate being $1.17, the EPS surprise was +4.27%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ex ...

Exhibit 99.1 NEWS RELEASE CONTACT: MARK J. GRESCOVICH, PRESIDENT & CEO ROBERT G. BUTTERFIELD, CFO (509) 527-3636 Banner Corporation Reports Net Income of $37.6 Million, or $1.09 Per Diluted Share, for First Quarter 2024; Declares Quarterly Cash Dividend of $0.48 Per Share Walla Walla, WA - April 17, 2024 - Banner Corporation (NASDAQ GSM: BANR) ("Banner"), the parent company of Banner Bank, today reported net income of $37.6 million, or $1.09 per diluted share, for the first quarter of 2024, compared to $42. ...

Wall Street analysts expect Banner (BANR) to post quarterly earnings of $1.17 per share in its upcoming report, which indicates a year-over-year decline of 34.6%. Revenues are expected to be $150.67 million, down 7.3% from the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Prior to a company's earnings announcement, it is crucial to cons ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2023 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 0-26584 BANNER CORPORATION (Exact name of registrant as specified in its charter) Washington 91-1691604 (State or other jurisdic ...

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:Huntsman Corporation (HUN) is a chemical manufacturer. The Zacks Consensus Estimate for its current year earnings has been revised 7.6% downward over the last 60 days.The Charles Schwab Corporation (SCHW) is a financial service holding company. The Zacks Consensus Estimate for its current year earnings has been revised 8.9% downward over the last 60 days.Banner Corporation (BANR) is a bank holding company for Banner Bank. The Zacks Co ...

Banner Corporation (NASDAQ:BANR) Q4 2023 Earnings Conference Call January 19, 2024 11:00 AM ET Company Participants Mark Grescovich - President and Chief Executive Officer Rich Arnold - Head of Investor Relations Jill Rice - Chief Credit Officer Robert Butterfield - Chief Financial Officer Conference Call Participants Jeff Rulis - D.A. Davidson Andrew Liesch - Piper Sandler Andrew Terrell - Stephens Kelly Motta - KBW Timothy Coffey - Janney Montgomery Scott Operator Good morning, everyone, and welcome to th ...

Fourth Quarter 2023 Photo by Photo by Photo by Photo by Siti Alimah Yvonne McDonald Maria DeVecchio Salvador Saldana 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 que ...

WALLA WALLA, Wash.--(BUSINESS WIRE)--Banner Corporation (NASDAQ: BANR) (“Banner”), the parent company of Banner Bank, today reported net income of $42.6 million, or $1.24 per diluted share, for the fourth quarter of 2023, a 7% decrease compared to $45.9 million, or $1.33 per diluted share, for the preceding quarter and a 22% decrease compared to $54.4 million, or $1.58 per diluted share, for the fourth quarter of 2022. Net interest income was $138.4 million in the fourth quarter of 2023, compared to $141.8 ...