Banner Corp. (BANR) Tops Q4 EPS by 26c

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Go back to Banner Corp. (BANR) Tops Q4 EPS by 26c

Banner Corporation Reports Net Income of $49.9 Million, or $1.44 Per Diluted Share, for Fourth Quarter 2021; Earns Record $201.0 Million in Net Income, or $5.76 Per Diluted Share, for 2021; Declares I

January 20, 2022 4:00 PM EST

WALLA WALLA, Wash., Jan. 20, 2022 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR) (Banner), the parent company of Banner Bank, today reported net income of $49.9 million, or $1.44 per diluted share, for the fourth quarter of 2021, virtually unchanged from $49.9 million, or $1.44 per diluted share, for the third quarter of 2021 and compared to $39.0 million, or $1.10 per diluted share, for the fourth quarter of 2020. Banners fourth quarter 2021 results include $5.2 million in recapture of provision for credit losses, compared to $8.6 million in recapture of provision for credit losses in the preceding quarter and $602,000 in provision for... More