Banner Q1 FY26 net income rises 21.2% to $54.7 million

• Banner posted first-quarter fiscal 2026 net income of $54.7 million, up 6.8%, with diluted EPS of $1.60.
• Revenue totaled $169.3 million, rising 1%.
• Net interest margin widened to 4.11% from 4.03% in the prior quarter, driven by continued reductions in funding costs.
• Credit costs swung to a $796,000 recapture of provision for credit losses, while non-performing assets edged up to $51.7 million.
• Board raised quarterly cash dividend 4% to $0.52 per share, payable May 15, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Banner Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20260422026633) on April 22, 2026, and is solely responsible for the information contained therein.