Banner Corp reports modest loan growth, uptick in troubled multifamily construction mods

Filed May 5, 2026 · Period ending March 31, 2026 · Compared to 10-Q May 6, 2025 · ~1 min read

Key Changes

• medium

  Troubled loan modifications rose to $7.8M from $5.1M year-over-year, driven by $3.6M in new multifamily construction mods not present in prior year, signaling emerging stress in that segment.

  MD&A: Credit Quality verify on EDGAR →
• medium

  Loans with interest rate floors grew to $5.70B (floor rate 4.98%) from $5.27B (4.80%), reflecting portfolio turnover as older low-floor loans repay and new originations carry higher floors.

  MD&A: Interest Rate Risk verify on EDGAR →
• medium

  Company repurchased 250,000 shares in February 2026 at $64.59/share, compared to zero open-market buybacks in Q1 2025, reflecting active capital deployment under July 2025 authorization.

  MD&A: Share Repurchase verify on EDGAR →