Banner Corp. (BANR) Tops Q1 EPS by 5c
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Banner Corporation First Quarter Net Income Increases to $23.8 Million, or $0.72 per Diluted Share; Total Assets Surpass $10 Billion
April 24, 2017 4:00 PM EDTWALLA WALLA, Wash., April 24, 2017 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR), the parent company of Banner Bank and Islanders Bank, today reported continued strong revenue generation contributed to solid first quarter 2017 operating results. Net income in the first quarter of 2017 increased 4% to $23.8 million, or $0.72 per diluted share, compared to $22.8 million, or $0.69 per diluted share, in the preceding quarter and increased 34% compared to $17.8 million, or $0.52 per diluted share, in the first quarter a year ago. The current quarter results did not include any acquisition-related expenses. The results for the preceding quarter included $788,000 of... More
