Banner Corporation (BANR) Misses Q2 EPS by 1c
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Banner Corporation Earns $13.2 Million, or $0.64 Per Diluted Share, in Second Quarter 2015; Highlighted by a Strong Revenue Increase and Double Digit Year-over-Year Loan and Deposit Growth
July 20, 2015 4:00 PM EDTWALLA WALLA, Wash., July 20, 2015 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR), the parent company of Banner Bank and Islanders Bank, today reported net income in the second quarter of 2015 of $13.2 million, or $0.64 per diluted share, compared to $12.1 million, or $0.61 per diluted share, in the preceding quarter and $17.0 million, or $0.88 per diluted share, in the second quarter a year ago. The current quarter results were impacted by $3.9 million of acquisition-related expenses which, net of taxes, reduced net income by $0.13 per diluted share, and the preceding quarter results were impacted by $1.6 million of acquisition-related... More
Banner Corporation Earns $13.2 Million, or $0.64 Per Diluted Share, in Second Quarter 2015; Highlighted by a Strong Revenue Increase and Double Digit Year-over-Year Loan and Deposit Growth
July 20, 2015 4:00 PM EDTWALLA WALLA, Wash., July 20, 2015 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR), the parent company of Banner Bank and Islanders Bank, today reported net income in the second quarter of 2015 of $13.2 million, or $0.64 per diluted share, compared to $12.1 million, or $0.61 per diluted share, in the preceding quarter and $17.0 million, or $0.88 per diluted share, in the second quarter a year ago. The current quarter results were impacted by $3.9 million of acquisition-related expenses which, net of taxes, reduced net income by $0.13 per diluted share, and the preceding quarter results were impacted by $1.6 million of acquisition-related... More
