BANNER CORP (BANR) FY2025 10-K Annual Report

Filed: Feb 25, 2026
Financials
State Commercial BanksSEC EDGAR

BANNER CORP (BANR) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 25, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

BANNER CORP FY2025 10-K Analysis

Business Overview

  • Core business: Regional banking and financial services via Banner Corporation
  • New 2025 Employee Stock Purchase Plan introduced, detailed in Registration Statement filed Nov 5, 2025
+3 more insights

Management Discussion & Analysis

  • Revenue $660.7M, up 8.5% YoY from $608.6M; net interest income $587.9M vs $541.7M; mortgage banking $13.2M vs $12.2M
  • Net interest margin 3.96% vs 3.75%; return on average assets 1.21% vs 1.07%; efficiency ratio 61.87% vs 64.33%
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Risk Factors

  • Regulatory risk: heightened Federal banking regulators’ scrutiny on commercial real estate exposures, including refinancing risk and collateral valuation
  • Geopolitical/macroeconomic risk: client base concentrated in Puget Sound and Eastern Washington, exposed to regional economic downturns and trade policy shifts impacting supply chains
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BANNER CORP FY2025 Key Financial Metrics
XBRL

Revenue

$805M

+5.1% YoY

Net Income

$195M

+15.7% YoY

Operating Margin

9.0%

+31bp YoY

Net Margin

24.3%

+223bp YoY

ROE

10.0%

+52bp YoY

Total Assets

$16.4B

+1.0% YoY

EPS (Diluted)

$5.64

+15.6% YoY

Operating Cash Flow

$257M

-12.2% YoY

Source: XBRL data from BANNER CORP FY2025 10-K filing on SEC EDGAR. All figures in USD.

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