-+ 0.00%
-+ 0.00%
-+ 0.00%

Banner to buy Pacific Financial in all-stock deal valued at $177 million

PUBT·04/30/2026 22:20:53
Listen to the news
Banner to buy Pacific Financial in all-stock deal valued at $177 million
  • Banner agreed to acquire Pacific Financial in an all-stock deal valued at about $177 million.
  • Pacific Financial shareholders will receive 0.2633 shares of Banner common stock per share, implying $17.44 per share based on Banner’s April 29 close of $66.25.
  • Combined company is expected to have about $18 billion in assets.
  • Transaction is expected to close in Q3 2026.
  • Banner expects deal to be immediately accretive to 2027 earnings per share, excluding one-time transaction expenses.


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: 20260430779570) on April 30, 2026, and is solely responsible for the information contained therein.