StockData
BANRNasdaqState Commercial BanksFiscal year ends December 31

BANNER CORP

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026
$67.00−0.57 (-0.84%)

Close on Oct 19, 2026

Market cap
$2.29B
P/E (TTM)
11.1
Dividend yield
2.90%

About Banner

State Commercial Banks, SIC 6022

The organization operates as a financial institution offering commercial and consumer banking services through its subsidiary, Banner Bank. Its lending activities encompass commercial real estate, owner-occupied properties, multifamily housing, construction projects, and land development financing. Additionally, the entity provides commercial business loans, agricultural financing, one- to four-family residential mortgages, home equity credit lines, and personal consumer credit. These financial solutions serve business enterprises, agricultural producers, property developers, and individual retail clients.

Operating primarily through Banner Bank, the enterprise manages a network of banking locations and offices to serve its customer base. Its asset base and operations are centered on commercial real estate and construction financing, consumer lending, and portfolio investments including government, municipal, corporate, and mortgage-backed securities. The provided financial disclosures identify banking locations and subsidiary offices but do not state the exact number of facilities, geographic jurisdictions, or the city and state of the company's corporate headquarters.

Summary of the business section of Banner's latest annual report, written by StockData.

Company profile

Company

Legal name
BANNER CORP
Headquarters
Walla Walla, WA
Address
10 S First Avenue 99362
Phone
(509) 527-3636
Employees
1,930, Dec 31, 2025
Industry
State Commercial Banks
Incorporated in
Washington
Fiscal year ends
December 31
Auditor
Baker Tilly US, LLP, Portland, Oregon

Stock & identifiers

Ticker
BANR
Exchange
Nasdaq
IPO date
Nov 1, 1995
Shares outstanding
34M, Jul 31, 2026
Public float
$2.18B, Jun 30, 2025
Filer category
Large accelerated filer
Stock splits
1-for-7 reverse, Jun 1, 2011; 11-for-10, Oct 27, 2000; 11-for-10, Aug 6, 1998
SEC CIK
946673
CUSIP
06652V208
ISIN
US06652V2088
EIN
91-1691604

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
James P.G. McLeanExecutive VP, Banner Bank21,323
Karen HarrisonExecutive VP, Banner Bank12,324
Denise PortmannExecutive VP, Banner Bank23,105
Scott S. NewmanExecutive VP, Banner Bank6,938
James M. CostaExecutive VP, Banner Bank42,467
Jennifer Jane KrugExecutive VP, Banner Bank10,551
Cynthia D. PurcellExecutive VP, Banner Bank51,570
Mark J. GrescovichPresident and CEO269,252
James T. Reed JrExecutive VP, Banner Bank35,646
Kenneth A. LarsenExecutive VP, Banner Bank25,178
Kayleen R. KohlerExecutive VP, Banner Bank29,538
Jill M. RiceExecutive VP, Banner Bank29,563
Janet M. BrownExecutive VP, Banner Bank24,394
Sherrey LuetjenExecutive VP24,770
Robert ButterfieldExecutive VP32,687
Daniel Everett OxfordExecutive VP, Banner Bank9,308
Mark Charles BorreccoExecutive VP, Banner Bank15,301
M. Kirk QuillinExecutive VP, Banner Bank37,329
Margot CopelandDirector3,996
John Clarence PedersenDirector9,073
Ellen Rm BoyerDirector7,389
John R. LaymanDirector37,566
Roberto R. HerenciaDirector19,174
Judith A. SteinerDirector3,063
Kevin F. RiordanDirector12,089

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer group
FY2025
Mark J. Grescovich
$3.59M$3.33M$1.43M$159$153
FY2024
Mark J. Grescovich
$3.18M$3.93M$1.19M$164$143
FY2023
Mark J. Grescovich
$3.01M$2.58M$1.03M$127$127
FY2022
Mark J. Grescovich
$3.12M$3.30M$1.20M$144$127
FY2021
Mark J. Grescovich
$2.62M$3.39M$868.65K$134$137
FY2020
Mark J. Grescovich
$2.67M$2.64M$881.25K$87$91

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Employees

Headcount reported in annual reports

“As of December 31, 2025, we employed 1,930 full- and part-time employees and 4 temporary employees across our four-state footprint.”

Corporate history

Events identified from SEC filings