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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	667.79	655.59	577.89	450.92	445.73	466.36
Interest Income on Investments	107.49	110.51	123.68	121.65	74.77	52.79
Total Interest Income	775.28	766.1	701.57	572.57	520.5	519.15
Interest Paid on Deposits	203.59	199.47	100.13	10.12	11.77	25.02
Interest Paid on Borrowings	21.85	24.92	25.44	9.27	11.84	12.83
Total Interest Expense	225.44	224.39	125.57	19.39	23.61	37.85
Net Interest Income	549.84	541.72	576.01	553.18	496.89	481.3
Net Interest Income Growth (YoY)	-1.05%	-5.95%	4.13%	11.33%	3.24%	2.64%
Mortgage Banking Activities	12.98	12.21	11.82	10.83	33.95	51.08
Gain (Loss) on Sale of Assets	-	-	-	7.8	-	-
Gain (Loss) on Sale of Investments	-0.29	-5.19	-19.24	-3.25	0.48	1.01
Other Non-Interest Income	18.6	16.5	10.2	15.41	22.49	12.14
Total Non-Interest Income	74.41	66.89	44.41	75.26	96.42	98.62
Non-Interest Income Growth (YoY)	59.25%	50.62%	-40.99%	-21.95%	-2.23%	20.35%
Revenues Before Loan Losses	624.25	608.6	620.41	628.43	593.31	579.92
Provision for Loan Losses	10.2	7.58	10.79	10.36	-33.39	67.88
Revenue	614.05	601.02	609.63	618.07	626.7	512.04
Revenue Growth (YoY)	3.98%	-1.41%	-1.37%	-1.38%	22.39%	-5.33%
Salaries and Employee Benefits	243.01	240.52	235.39	233.4	235.09	236.23
Occupancy Expenses	33.63	33.99	33.12	34.18	33.53	34.1
Federal Deposit Insurance	11.39	11.4	10.53	6.65	5.58	6.52
Amortization of Goodwill & Intangibles	2.36	2.63	3.76	5.28	6.57	7.73
Selling, General & Administrative	67.7	66.98	67	70.66	81.25	71.33
Other Non-Interest Expense	36.62	35.72	31.94	21.15	3.12	8.31
Total Non-Interest Expense	395.16	391.54	381.2	371.21	365.12	364.03
EBT Excluding Unusual Items	218.89	209.49	228.42	246.86	261.58	148.02
Other Unusual Items	-	-	-	-0.79	-2.72	-3.5
Pretax Income	218.89	209.49	227.09	240.78	246.59	142.45
Income Tax Expense	42.42	40.59	43.46	45.4	45.55	26.53
Net Income	176.47	168.9	183.62	195.38	201.05	115.93
Net Income to Common	176.47	168.9	183.62	195.38	201.05	115.93
Net Income Growth	6.55%	-8.02%	-6.02%	-2.82%	73.42%	-20.75%
Basic Shares Outstanding	34	34	34	34	35	35
Diluted Shares Outstanding	35	35	34	34	35	36
Shares Change (YoY)	0.66%	0.52%	-0.03%	-1.31%	-1.72%	1.60%
EPS (Basic)	5.12	4.90	5.35	5.70	5.81	3.29
EPS (Diluted)	5.09	4.88	5.33	5.67	5.76	3.26
EPS Growth	5.82%	-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	19.38%	19.38%	19.14%	18.86%	18.47%	18.62%

Updated Feb 26, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q