Banner Corporation reported second quarter 2026 net income of $48.9 million, or $1.43 per diluted share, compared to $54.7 million in the prior quarter. Net interest income rose to $153.7 million from $150.2 million in the preceding quarter, driven by net interest margin expansion to 4.13%. The company recorded a $3.8 million provision for credit losses. Additionally, the Board declared a regular quarterly cash dividend of $0.52 per share, payable August 14, 2026, to shareholders of record as of August 4, 2026. The company is also proceeding with its all-stock acquisition of Pacific Financial Corporation, expected to close in the third quarter of 2026. Banner Corporation is a bank holding company providing commercial banking services.