Banner Q3 Adjusted Earnings, Revenue Fall; Dividend Maintained

MT Newswires Live
17 Oct 2024

Banner (BANR) reported Q3 adjusted earnings late Wednesday of $1.30 per diluted share, down from $1.43 a year earlier.

Analysts polled by Capital IQ expected $1.17.

Revenue for the quarter ended Sept. 30, expressed as the sum of net interest income and total noninterest income, was $153.7 million, down from $154.4 million a year earlier.

Four analysts surveyed by Capital IQ expected $153.9 million.

The company maintained the quarterly dividend at $0.48 per share, payable on Nov. 15 to shareholders of record as of Nov. 5.

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