Banner Corporation Completes Acquisition of Pacific Financial Corporation

WALLA WALLA, Wash.--(BUSINESS WIRE)--Banner Corporation (NASDAQ: BANR) (“Banner”), the parent company of Banner Bank, has completed the previously announced acquisition of Pacific Financial Corporation (“Pacific Financial”) and its wholly owned subsidiary, Bank of the Pacific, effective September 1, 2026.“We are pleased to announce the completion of the merger, which expands our presence and density in attractive Western Washington and Western Oregon markets,” said Mark Grescovich, Banner Presid.

Business Wire • Sep 1, 2026

Why Banner (BANR) is a Great Dividend Stock Right Now

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Banner (BANR) have what it takes?

Zacks Investment Research • Aug 17, 2026

Banner Corporation and Pacific Financial Corporation Set Closing Date for Merger

WALLA WALLA, Wash. & ABERDEEN, Wash.--(BUSINESS WIRE)--Banner Corporation (“Banner”) (NASDAQ: BANR), the holding company for Banner Bank, and Pacific Financial Corporation (“Pacific Financial”) (OTCQX: PFLC), the holding company for Bank of the Pacific, today jointly announced important updates relating to the previously announced merger of Pacific Financial into Banner pursuant to that certain Agreement and Plan of Merger, dated as of April 30, 2026. Banner has received a letter from the Feder.

Business Wire • Aug 17, 2026

Banner Corporation: Accretive Acquistion

Banner Corporation (BANR) is rated BUY, driven by Washington's strong population growth and the accretive Bank of Pacific acquisition expected to boost earnings in 2027. BANR trades at a 12% discount to the financial sector median on price to tangible book value, offering limited downside and a 2.8% yield. Loan growth, especially in commercial and industrial segments, and robust CET1 ratio (12.7%) underpin BANR's defensive investment profile.

Seeking Alpha • Aug 14, 2026

Banner Corporation Announces Stock Repurchase Program

WALLA WALLA, Wash.--(BUSINESS WIRE)--Banner Corporation (NASDAQ: BANR) (“Company”), the parent company of Banner Bank, today announced that its Board of Directors has authorized the repurchase of up to 1.7 million shares of the Company's common stock, which is approximately 5% of its issued and outstanding common stock. “We believe our stock represents an attractive value proposition, and that repurchasing shares is a sound way to build long-term value for our shareholders,” said Mark J. Gresco.

Business Wire • Aug 3, 2026

Why Banner (BANR) is a Top Dividend Stock for Your Portfolio

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Banner (BANR) have what it takes?

Zacks Investment Research • Jul 31, 2026

Banner Q2 Earnings Call Highlights

Banner NASDAQ: BANR reported higher year-over-year earnings and revenue from core operations in the second quarter of 2026, while management said loan demand remained broad-based and credit metrics were largely stable despite an increase in non-performing assets tied to one condo construction project.

MarketBeat • Jul 23, 2026

Banner Corporation (BANR) Q2 2026 Earnings Call Transcript

Banner Corporation (BANR) Q2 2026 Earnings Call Transcript

Seeking Alpha • Jul 23, 2026

Banner Corporation Reports Net Income of $48.9 Million, or $1.43 Per Diluted Share, for Second Quarter 2026; Declares Quarterly Cash Dividend of $0.52 Per Share

WALLA WALLA, Wash.--(BUSINESS WIRE)--Banner Corporation (NASDAQ: BANR) (“Banner”), the parent company of Banner Bank, today reported net income of $48.9 million, or $1.43 per diluted share, for the second quarter of 2026, compared to $54.7 million, or $1.60 per diluted share, for the preceding quarter, and $45.5 million, or $1.31 per diluted share, for the second quarter of 2025. Net interest income was $153.7 million for the second quarter of 2026, compared to $150.2 million in the preceding q.

Business Wire • Jul 22, 2026

Banner (BANR) Lags Q2 Earnings and Revenue Estimates

Banner (BANR) came out with quarterly earnings of $1.44 per share, missing the Zacks Consensus Estimate of $1.47 per share. This compares to earnings of $1.35 per share a year ago.

Zacks Investment Research • Jul 22, 2026