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Banner Q4 Non-GAAP Net Income Falls, Revenue Rises; Shares Climb After Hours
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Banner Q4 Non-GAAP Net Income Falls, Revenue Rises; Shares Climb After Hours
Jan 22, 2025 1:37 PM

04:12 PM EST, 01/22/2025 (MT Newswires) -- Banner (BANR) reported Q4 non-GAAP net income late Wednesday of $1.33 per diluted share, down from $1.34 a year earlier.

Analysts polled by FactSet expected $1.21.

Revenue in the quarter ended Dec. 31, expressed as the sum of net interest income and total noninterest income, rose to $160.6 million from $152.5 million a year earlier.

Analysts expected $156.1 million.

The company maintain its quarterly dividend of $0.48 a share, payable Feb. 14 to investors of record Feb. 4.

Banner shares rose 5.5% in recent after-hours activity.

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