Banner Corporation Increases Quarterly Cash Dividend by 9% to $0.38 Per Share, Schedules 3Q18 Conference Call and Webcast
September 26 2018 - 9:00AM
Banner Corporation (NASDAQ GSM:BANR), the parent company of Banner
Bank and Islanders Bank, today announced that its Board of
Directors increased its regular quarterly cash dividend by 9% to
$0.38 per share. The dividend will be payable October 19,
2018, to common shareholders of record on October 10, 2018.
Additionally, Banner will report its third
quarter 2018 results after the market closes on Wednesday, October
24, 2018. Management will host a conference call on Thursday,
October 25, 2018 at 8:00 a.m. PDT (11:00 a.m. EDT) to discuss the
results. The call will also be broadcast live via the
internet.
Interested investors may listen to the call live
at www.bannerbank.com. Investment professionals are invited
to dial (866) 235-9915 to participate in the call. A replay
will be available for one week at (877) 344-7529 using access code
10124315 or at www.bannerbank.com.
About the CompanyBanner
Corporation is a $10.38 billion bank holding company operating two
commercial banks in four Western states through a network of
branches offering a full range of deposit services and business,
commercial real estate, construction, residential, agricultural and
consumer loans. Visit Banner Bank on the Web at
www.bannerbank.com.
This press release contains statements that the
Company believes are “forward-looking statements.” These statements
relate to the Company’s financial condition, results of operations,
plans, objectives, future performance or business. You should not
place undue reliance on these statements, as they are subject to
risks and uncertainties, and actual results and performance in
future periods may be materially different from any future results
or performance suggested by the forward-looking statements in this
release. Factors that might cause such differences include, but are
not limited to, those identified in our risk factors contained in
Banner Corporation’s Annual Report on Form 10-K for the fiscal year
ended December 31, 2017. Such forward-looking statements
speak only as of the date of this release. Banner Corporation
expressly disclaims any obligation to update or revise any
forward-looking statements found herein to reflect any changes in
the Company’s expectations of results or any change in events.
Contact: |
Mark J.
Grescovich, |
|
President &
CEO |
|
Peter J. Conner,
CFO |
|
(509) 527-3636 |
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