Banner Corp. announced increased profit for its second quarter compared with the prior year.
The company posted earnings of $48.89 million, or $1.43 per share, up from $45.50 million, or $1.31 per share, a year earlier.
Excluding special items, adjusted earnings amounted to $49.22 million, or $1.44 per share.
Revenue increased 6.0% year‑over‑year to $171.96 million, compared with $162.15 million in the prior year.
Banner Corp. GAAP earnings highlights:
– Earnings: $48.89 million versus $45.50 million a year ago.
– EPS: $1.43 versus $1.31 a year ago.
– Revenue: $171.96 million versus $162.15 million a year ago.