Banner Corporation Reports Net Income of $23.5 Million, or $0.67 Per Diluted Share, in Second Quarter 2020; Declares Quarterly Cash Dividend of $0.41 Per Share; Provides Update to Pandemic Relief and

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Go back to Banner Corporation Reports Net Income of $23.5 Million, or $0.67 Per Diluted Share, in Second Quarter 2020; Declares Quarterly Cash Dividend of $0.41 Per Share; Provides Update to Pandemic Relief and

Banner Corp. (BANR) Tops Q2 EPS by 33c

July 22, 2020 4:02 PM EDT

Banner Corp. (NASDAQ: BANR) reported Q2 EPS of $0.67, $0.33 better than the analyst estimate of $0.34.

With strong loan and deposit growth, Banners core operating performance generated solid revenue growth with increases in both net interest income and non-interest income compared to both the preceding quarter and the same quarter last year. However; second quarter earnings were impacted by a number of items, including the anticipated impact of the COVID-19 pandemic on the... More