Banner Corp (BANR) has declared a quarterly dividend of $0.50 per share, payable to shareholders of record. This marks a 4.2% increase from the previous dividend of $0.48 per share, underscoring management's confidence in the company's financial health.
The ex-dividend date is set for November 3, 2025, meaning investors must own shares before this date to qualify for the dividend. Eligible shareholders will receive the payment on November 13, 2025. With a current dividend yield of 3.28%, this announcement highlights the company's ongoing commitment to returning capital to its shareholders.
As a regional bank headquartered in Walla Walla, Washington, Banner Corp focuses on delivering financial services and community banking. The company employs 1,956 full-time staff and operates in Washington, Oregon, California, Idaho, and Utah, providing a range of commercial banking services. Its strong performance is reflected in its market capitalization of $2.0 billion and a price-to-earnings ratio of 10.73.
This dividend announcement provides insight into Banner Corp's cash flow generation and capital allocation strategy. Regular dividend payments can be appealing to income-focused investors, although it is important to remember that dividends are not guaranteed and may be adjusted based on business performance and management decisions. Investors are encouraged to consider the company's dividend history, payout ratio, and overall financial health when assessing the sustainability of these payments.