Banner Corporation (BANR)

Banner Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	681.97	655.59	577.89	450.92	445.73	466.36
Interest Income on Investments	104.43	110.51	123.68	121.65	74.77	52.79
Total Interest Income	786.4	766.1	701.57	572.57	520.5	519.15
Interest Paid on Deposits	204.06	199.47	100.13	10.12	11.77	25.02
Interest Paid on Borrowings	20.66	24.92	25.44	9.27	11.84	12.83
Total Interest Expense	224.71	224.39	125.57	19.39	23.61	37.85
Net Interest Income	561.69	541.72	576.01	553.18	496.89	481.3
Net Interest Income Growth (YoY)	2.94%	-5.95%	4.13%	11.33%	3.24%	2.64%
Mortgage Banking Activities	13.2	12.21	11.82	10.83	33.95	51.08
Gain (Loss) on Sale of Assets	-	-	-	7.8	-	-
Gain (Loss) on Sale of Investments	0.27	-5.19	-19.24	-3.25	0.48	1.01
Other Non-Interest Income	18.13	16.5	10.2	15.41	22.49	12.14
Total Non-Interest Income	74.96	66.89	44.41	75.26	96.42	98.62
Non-Interest Income Growth (YoY)	35.06%	50.62%	-40.99%	-21.95%	-2.23%	20.35%
Revenues Before Loan Losses	636.65	608.6	620.41	628.43	593.31	579.92
Provision for Loan Losses	12.63	7.58	10.79	10.36	-33.39	67.88
Revenue	624.02	601.02	609.63	618.07	626.7	512.04
Revenue Growth (YoY)	5.10%	-1.41%	-1.37%	-1.38%	22.39%	-5.33%
Salaries and Employee Benefits	244.41	240.52	235.39	233.4	235.09	236.23
Occupancy Expenses	33.76	33.99	33.12	34.18	33.53	34.1
Federal Deposit Insurance	11.33	11.4	10.53	6.65	5.58	6.52
Amortization of Goodwill & Intangibles	2.09	2.63	3.76	5.28	6.57	7.73
Selling, General & Administrative	69.88	66.98	67	70.66	81.25	71.33
Other Non-Interest Expense	36.37	35.72	31.94	21.15	3.12	8.31
Total Non-Interest Expense	398.38	391.54	381.2	371.21	365.12	364.03
EBT Excluding Unusual Items	225.65	209.49	228.42	246.86	261.58	148.02
Other Unusual Items	-	-	-	-0.79	-2.72	-3.5
Pretax Income	225.65	209.49	227.09	240.78	246.59	142.45
Income Tax Expense	43.47	40.59	43.46	45.4	45.55	26.53
Net Income	182.18	168.9	183.62	195.38	201.05	115.93
Net Income to Common	182.18	168.9	183.62	195.38	201.05	115.93
Net Income Growth	9.86%	-8.02%	-6.02%	-2.82%	73.42%	-20.75%
Basic Shares Outstanding	35	34	34	34	35	35
Diluted Shares Outstanding	35	35	34	34	35	36
Shares Change (YoY)	0.69%	0.52%	-0.03%	-1.31%	-1.72%	1.60%
EPS (Basic)	5.28	4.90	5.35	5.70	5.81	3.29
EPS (Diluted)	5.25	4.88	5.33	5.67	5.76	3.26
EPS Growth	9.13%	-8.44%	-6.00%	-1.56%	76.69%	-22.01%
Dividend Per Share	1.920	1.920	1.920	1.760	1.640	1.230
Dividend Growth	-	-	9.09%	7.32%	33.33%	-25.00%
Effective Tax Rate	19.27%	19.38%	19.14%	18.86%	18.47%	18.62%

Updated Jul 16, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q