NASDAQ$BANR
Banner Corporation · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Banner reported net income for second quarter 2022, reflecting successful execution of their super community bank strategy and ongoing implementation of Banner Forward.
Banner Corporation reported a net income of $48.0 million, or $1.39 per diluted share, for the second quarter of 2022. Revenues increased by 13% to $156.2 million compared to the preceding quarter. Net interest income increased to $129.0 million.
- Revenues increased 13% to $156.2 million, compared to $138.1 million in the preceding quarter, and increased 4% when compared to $149.9 million in the second quarter a year ago.
- Net interest income increased to $129.0 million in the second quarter of 2022, compared to $118.7 million in the preceding quarter and $127.6 million in the second quarter a year ago.
- Net interest margin on a tax equivalent basis was 3.44%, compared to 3.18% in the preceding quarter and 3.52% in the second quarter a year ago.
- Non-performing assets were $19.1 million, or 0.12% of total assets, at June 30, 2022, compared to $19.1 million, or 0.11% of total assets in the preceding quarter, and decreased from $31.5 million, or 0.19% of total assets, at June 30, 2021.
Headline financials
Revenue & EPS history
Banner · Revenue · Quarterly
$129M
Revenue by segment
Banner · $3.98M total across 1 segment · Q2 2022
- Mortgage banking$3.98M—100.0%
Forward guidance
Banner Forward is expected to enhance revenue growth and reduce operating expenses, with full implementation expected by next year.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2022
+0.1%
Avg return
Earnings day
+0.2%
Avg return
5 days after
+2.2%
Avg return
30 days after
55%
36 / 66 earnings
Positive
+11.5%
Q1 2020
Best reaction
-18.2%
Q2 2011
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.4% | +5.9% | +1.6% | |
| Q4 2025 | +0.2% | -7.1% | -2.6% | |
| Q3 2025 | -0.3% | +0.7% | -1.7% | |
| Q2 2025 | -2.7% | -2.1% | +0.9% | |
| Q1 2025 | +1.4% | +2.7% | +8.6% | |
| Q4 2024 | +0.1% | +1.2% | -4.1% | |
| Q3 2024 | +4.4% | -0.6% | +13.0% | |
| Q2 2024 | +0.0% | +1.1% | -3.1% | |
| Q1 2024 | +1.8% | +5.2% | +9.5% | |
| Q4 2023 | -0.6% | -0.9% | -7.9% | |
| Q3 2023 | -0.9% | -6.6% | +4.7% | |
| Q2 2023 | -5.8% | -7.1% | -8.5% | |
| Q1 2023 | -0.8% | -4.6% | -12.3% | |
| Q4 2022 | +5.1% | +3.3% | +4.8% | |
| Q3 2022 | -0.4% | +0.4% | +3.1% | |
| Q2 2022 | +0.5% | +1.0% | +8.4% | |
| Q1 2022 | +0.1% | -1.4% | -5.1% | |
| Q4 2021 | -4.6% | -1.9% | -4.2% | |
| Q3 2021 | +4.8% | +6.3% | +7.7% | |
| Q2 2021 | +1.6% | +3.1% | +9.2% | |
| Q1 2021 | +2.6% | +7.5% | +11.4% | |
| Q4 2020 | +0.5% | -5.0% | -0.3% | |
| Q3 2020 | +5.4% | +6.0% | +16.9% | |
| Q2 2020 | +2.1% | -2.8% | -5.7% | |
| Q1 2020 | +11.5% | +12.1% | +19.9% | |
| Q4 2019 | -1.8% | -3.3% | -1.4% | |
| Q3 2019 | -1.0% | +1.5% | -3.7% | |
| Q2 2019 | +6.6% | +7.3% | -2.2% | |
| Q1 2019 | -6.6% | -2.9% | -4.3% | |
| Q4 2018 | -0.3% | -3.3% | +13.7% | |
| Q3 2018 | +6.3% | +6.8% | +7.9% | |
| Q2 2018 | +2.3% | +1.3% | +5.5% | |
| Q1 2018 | +3.8% | +3.7% | +6.7% | |
| Q4 2017 | -3.4% | -5.1% | -2.9% | |
| Q3 2017 | -6.6% | -9.0% | -9.5% | |
| Q2 2017 | +1.4% | +0.4% | -2.2% | |
| Q1 2017 | +3.5% | +0.7% | -0.9% | |
| Q4 2016 | +0.4% | -2.2% | +2.3% | |
| Q3 2016 | -0.6% | +0.3% | +16.0% | |
| Q2 2016 | -0.2% | -3.2% | +0.4% | |
| Q1 2016 | -0.8% | — | — | |
| Q4 2015 | -0.2% | — | — | |
| Q3 2015 | -0.1% | — | — | |
| Q2 2015 | +1.3% | — | — | |
| Q1 2015 | -0.7% | — | — | |
| Q4 2014 | +4.9% | — | — | |
| Q3 2014 | +3.3% | — | — | |
| Q2 2014 | +4.8% | — | — | |
| Q1 2014 | +2.1% | — | — | |
| Q4 2013 | -1.5% | — | — | |
| Q3 2013 | +1.8% | — | — | |
| Q2 2013 | -0.9% | — | — | |
| Q1 2013 | +1.7% | — | — | |
| Q1 2010 | +1.1% | — | — | |
| Q4 2012 | -5.0% | — | — | |
| Q3 2012 | -0.7% | — | — | |
| Q2 2012 | -0.9% | — | — | |
| Q1 2011 | +1.5% | — | — | |
| Q1 2012 | +1.5% | — | — | |
| Q4 2011 | +3.6% | — | — | |
| Q4 2009 | +3.6% | — | — | |
| Q4 2010 | +3.6% | — | — | |
| Q3 2010 | -6.3% | — | — | |
| Q3 2011 | -6.3% | — | — | |
| Q2 2010 | -18.2% | — | — | |
| Q2 2011 | -18.2% | — | — |
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