Stock Data
$0.18 (0.26%)
Asset Type
Common Stock
Exchange
NASDAQ
Currency
USD
Country
USA
Sector
FINANCIAL SERVICES
Industry
BANKS - REGIONAL
Banner Corporation, based in Walla Walla, Washington since 1890, serves as a parent company for Banner Bank. This institution offers a wide range of financial products and services to individuals, businesses, and public entities across the United States. Customers can access various banking options such as checking and savings accounts, certificates of deposit, and retirement plans. Banner Bank specializes in commercial real estate and construction loans, residential mortgages, business and agricultural financing, and consumer loans including home equity and auto loans. Additionally, it embraces modern banking with services like online banking, mobile banking, and remote deposit.
First Interstate BancSystem is sending shareholders the biggest check today, $45.7 million at 47 cents a share, paid August 14. Regional banks dominate the rest of the list, with Banner paying 52 cents a share and 1st Source 45 cents.
Banner Corp missed earnings and revenue as a $924,000 software write-off and surging salary costs pushed operating expenses higher, though loan originations of $1.26 billion and the pending Pacific Financial acquisition offer investors a forward-looking cushion.
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