Banner Q2 FY26 net income drops 10.66% to $48.9 million; revenue rises 1.59% to $172 million

Reuters2026/07/22 20:01

By:Reuters

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Banner posts Q2 2026 net income of $48.9 million, down 10.66% from the prior quarter; diluted EPS slips to $1.43.
Revenue rises to $172 million from the prior quarter; net interest income edges up to $153.7 million.
Net interest margin widens 0.02 percentage points to 4.13% from the prior quarter; provision for credit losses swings to $3.8 million.
Net loans receivable increases 2% to $11.83 billion; loan originations jump to $1.26 billion from the prior quarter.
Board declares a quarterly cash dividend of $0.52 per share; deal to buy Pacific Financial in an all-stock transaction is expected to close in Q3 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Banner Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 202607221600BIZWIRE_USPR_____20260722_BW116335) on July 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Banner Q2 FY26 net income drops 10.66% to $48.9 million; revenue rises 1.59% to $172 million

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