BANNER CORPBANR

Market cap

$2.2B

P/E ratio

	Dec 31, 2011	Dec 31, 2012	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Loans receivable	-	174	167	178	237	360	374	413	471	466	446	451	578	656
Mortgage-backed securities	-	4	5	6	9	19	25	35	39	32	46	68	72	66
Securities and cash equivalents	-	9	7	7	8	13	13	15	16	21	29	54	51	44
Total interest income	-	-	-	-	-	-	-	-	-	-	-	-	-	766
Deposits	-	15	10	8	8	11	12	21	38	25	12	10	100	199
FHLB advances	-	0	0	0	0	1	2	6	12	5	3	0	11	9
Other borrowings	-	-	-	-	-	-	-	-	-	1	0	0	3	4
Subordinated debt	-	3	3	3	3	4	5	6	7	7	9	8	12	12
Total interest expense	-	-	-	-	-	-	-	-	-	-	-	-	-	224
Net interest income	-	168	167	180	242	375	393	431	469	481	497	553	576	542
Provision for Loan, Lease, and Other Losses	-	18	1	0	0	1	0	0	-	-	-	-	-	8
Interest Income (Expense), after Provision for Loan Loss, Total	-	155	167	180	242	369	385	422	459	417	530	543	565	534
Deposit fees and other service charges	-	-	-	-	-	-	-	48	47	34	39	44	42	43
Mortgage banking operations	-	-	-	-	-	-	-	-	-	52	34	11	12	12
Bank Owned Life Insurance Income	-	-	-	-	2	5	5	5	5	6	5	8	9	9
Other Income	-	5	3	3	3	6	9	7	9	6	13	7	5	8
Other operating income	-	44	41	44	64	85	86	81	82	98	91	70	68	73
Net loss on sale of securities	-	-	-	-	-	-	-	-1	0	1	0	-3	-19	-5
Net change in valuation of financial instruments carried at fair value	-	-	-	-	-	-	-	-	-	-	-	-	4	1
Gain on sale of branches, including related deposits	-	-	-	9	-	-	12	-	-	-	-	8	-	-
Total non-interest income	-	27	43	54	62	83	94	84	82	99	96	75	44	67
Labor and Related Expense	-	79	84	90	127	181	192	203	226	245	244	242	245	251
Less capitalized loan origination costs	-	-	11	12	14	19	17	18	29	35	34	24	16	17
Occupancy, Net	-	22	21	23	30	45	48	49	52	53	53	52	48	49
Information and computer data services	-	7	7	8	12	19	17	19	22	24	24	26	28	29
Payment and card processing services	-	9	10	11	16	22	23	15	17	16	21	21	21	23
Professional and legal expenses	-	4	4	4	5	8	18	18	10	12	22	14	10	8
Advertising and marketing	-	7	7	6	8	10	9	8	8	6	6	4	5	5
Deposit insurance	-	4	2	2	3	5	5	4	3	7	6	7	11	11
Taxes, Other	-	2	2	1	2	4	3	3	4	4	4	5	5	6
Real estate operations, net	-	-3	1	0	-0	-0	2	-1	-0	0	0	0	1	-0
Amortization of core deposit intangibles	-	2	2	2	3	7	6	6	8	8	7	5	4	3
Loss on extinguishment of debt	-	-	-	-	-	-	-	-	-	-	2	793,000	-	-
Miscellaneous	-	13	12	14	18	30	27	27	28	23	24	25	24	24
Total non-interest expense	-	-	-	154	237	323	327	341	358	373	380	377	383	392
Income before provision for income taxes	-	40	69	80	68	130	151	165	183	142	247	241	227	209
Income Tax Expense (Benefit)	-	-25	23	26	23	44	90	29	37	27	46	45	43	41
NET INCOME	-	65	47	54	45	85	61	137	146	116	201	195	184	169
Earnings Per Share, Basic	-	3.17	2.4	2.8	1.9	2.52	1.85	4.16	4.2	3.29	5.81	5.7	5.35	4.9
Earnings Per Share, Diluted	-	3.16	2.4	2.79	1.89	2.52	1.84	4.15	4.18	3.26	5.76	5.67	5.33	4.88
Common Stock, Dividends, Per Share, Declared	0.1	0.04	0.54	0.72	0.72	0.88	2	1.96	2.64	1.23	1.64	1.76	1.92	1.92