Banner Corp. (BANR) Tops Q3 EPS by 22c
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Banner Corporation Reports Third Quarter Net Income of $37.8 Million, or $1.17 Per Diluted Share; Results Highlighted by Strong Loan and Core Deposit Growth, Net Interest Margin Expansion and Improved
October 24, 2018 4:00 PM EDTWALLA WALLA, Wash., Oct. 24, 2018 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR), the parent company of Banner Bank and Islanders Bank, today reported that continued margin expansion, coupled with strong loan and core deposit growth, along with improved operating efficiency contributed to solid third quarter financial results. Net income in the third quarter of 2018 increased 16% to $37.8 million, or $1.17 per diluted share, compared to $32.4 million, or $1.00 per diluted share, in the preceding quarter and increased 51% when compared to $25.1 million, or $0.76 per diluted share, in the third quarter a year ago when federal income tax... More
