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Banner Q1 Adjusted Earnings, Revenue Drop
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Banner Q1 Adjusted Earnings, Revenue Drop
Apr 17, 2024 1:23 PM

04:13 PM EDT, 04/17/2024 (MT Newswires) -- Banner (BANR) reported Q1 adjusted earning Wednesday of $1.22 per diluted share, down from $1.79 a year earlier.

Analysts polled by Capital IQ expected $1.13.

Revenue for the quarter ended March 31, expressed as the sum of net interest income and total noninterest income, was $144.6 million, down from $162.6 million a year earlier.

Analysts surveyed by Capital IQ expected $151 million.

The company maintained its quarterly dividend at $0.48 per share, payable on May 10 to shareholders of record on April 30.

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