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Banner Corp (BANR.OQ)

BANR.OQ on NASDAQ Stock Exchange Global Select Market

57.10USD
19 Jan 2018
Change (% chg)

$-0.07 (-0.12%)
Prev Close
$57.17
Open
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Day's Low
$56.86
Volume
105,132
Avg. Vol
78,883
52-wk High
$62.67
52-wk Low
$51.91

Latest Key Developments (Source: Significant Developments)

Banner Corp Announces Write Down Of Deferred Tax Asset And Balance Sheet Restructuring
Thursday, 4 Jan 2018 

Jan 4 (Reuters) - Banner Corp ::BANNER CORPORATION ANNOUNCES WRITE DOWN OF DEFERRED TAX ASSET AND BALANCE SHEET RESTRUCTURING; YEAR END ASSETS OF LESS THAN $10 BILLION.BANNER CORP - ‍AS A RESULT OF TAX CUTS AND JOB ACT ENACTED DECEMBER 22, 2017, IT WILL BE REQUIRED TO REVALUE ITS DEFERRED TAX ASSETS AND LIABILITIES​.BANNER - ‍BASED ON ITS PRELIMINARY ANALYSIS, BANNER EXPECTS TO RECORD A ONE-TIME NET TAX CHARGE CURRENTLY ESTIMATED TO BE BETWEEN $40 MILLION AND $43 MILLION​.BANNER CORP - ‍SOLD APPROXIMATELY $450 MILLION OF INVESTMENT SECURITIES IN AVAILABLE FOR SALE PORTFOLIO DURING Q4 OF 2017.BANNER - AS A RESULT OF REDUCED MARGINAL FEDERAL TAX RATE CO ANTICIPATES BLENDED EFFECTIVE FEDERAL & STATE TAX RATE WILL BE ABOUT 22% TO 23% IN 2018.  Full Article

Banner Corporation reports Q3 earnings per share $0.76
Thursday, 26 Oct 2017 

Oct 25 (Reuters) - Banner Corp :Banner corporation reports third quarter net income of $25.1 million, or $0.76 per diluted share; highlighted by strong loan and core deposit growth.Q3 earnings per share $0.76.Q3 revenue $120.8 million versus I/B/E/S view $101.4 million.Q3 earnings per share view $0.78 -- Thomson Reuters I/B/E/S.Banner Corp - ‍ Q3 net interest income, before provision for loan losses, was $100.2 million compared to $93.7 million in Q3 a year ago​.  Full Article

Banner Corp increased its regular quarterly cash dividend to $0.23 per share
Wednesday, 28 Sep 2016 

Banner Corp :Co increased its regular quarterly cash dividend to $0.23 per share.  Full Article

Banner Corp posts Q2 earnings per share $0.61
Wednesday, 27 Jul 2016 

Banner Corp : Banner Corporation earns $21.0 million, or $0.61 per diluted share, in the second quarter of 2016; second quarter highlighted by strong revenue growth . Q2 earnings per share $0.61 . Q2 revenue rose 3 percent to $114.4 million . Q2 earnings per share view $0.72 -- Thomson Reuters I/B/E/S . Qtrly net income increased to $21.0 million, compared to $17.8 million in preceding quarter .Q2 net interest income, before provision for loan losses, increased to $93.1 million, compared to $91.0 million in preceding quarter..  Full Article

Banner Corporation Increases Quarterly Cash Dividend 17% to $0.21 Per Share
Wednesday, 30 Mar 2016 

Banner Corporation:Board of Directors increased its regular quarterly cash dividend 17% to $0.21 per share.The dividend will be payable April 20, 2016, to common shareholders of record on April 11, 2016.  Full Article

BRIEF-Banner Corp Announces Write Down Of Deferred Tax Asset And Balance Sheet Restructuring

* BANNER CORPORATION ANNOUNCES WRITE DOWN OF DEFERRED TAX ASSET AND BALANCE SHEET RESTRUCTURING; YEAR END ASSETS OF LESS THAN $10 BILLION