Banner Corporation logo BANR - Banner Corporation

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| PRICE TARGET: $70.00 DETAILS
HIGH: $70.00
LOW: $70.00
MEDIAN: $70.00
CONSENSUS: $70.00
UPSIDE: 8.28%

About Banner Corporation (https://www.bannerbank.com)

Banner Corporation operates as the bank holding company for Banner Bank that provide commercial banking and financial products and services to individuals, businesses, and public sector entities in the United States. It accepts various deposit instruments, including interest-bearing and non-interest-bearing checking accounts, money market deposit accounts, regular savings accounts, and certificates of deposit, as well as treasury management services and retirement savings plans. The company also provides commercial real estate loans, including owner-occupied, investment properties, and multifamily residential real estate loans; construction, land, and land development loans; residential mortgage loans; commercial business loans; agricultural loans; and consumer and other loans, such as home equity lines of credit, automobile, and boat and recreational vehicle loans, as well as loans secured by deposit accounts. In addition, it engages in the mortgage banking operations through the origination and sale of one-to four-family and multi-family residential loans, as well as small business administration loans. Further, the company provides electronic and digital banking services. As of December 31, 2021, it operated 150 branch offices and 18 loan production offices located in Washington, Oregon, California, Idaho, and Utah. Banner Corporation was founded in 1890 and is headquartered in Walla Walla, Washington.

Key Executives

NAME TITLE DOB SALARY
Mark J. Grescovich President, Chief Executive Officer & Director 1964 $2,263,707 USD
James Costa Executive Vice President & Chief Operating Officer of Banner Bank 1969 $1,172,201 USD
Robert G. Butterfield Executive Vice President, Chief Financial Officer & Treasurer 1969 $913,048 USD
Mark Charles Borrecco EVP & Chief Banking Officer 1972 $885,601 USD
Cynthia D. Purcell Executive Vice President and Chief Strategy & Administration Officer of Banner Bank 1957 $854,944 USD
Sherrey Luetjen Executive Vice President, General Counsel, Ethics Officer & Secretary 1972 $618,906 USD
James T. Reed Jr. Executive Vice President of Commercial Banking 1963
Janet Brown Executive Vice President & Chief Information Officer 1968
Jill Rice Executive Vice President & Chief Credit Officer 1966
Kayleen R. Kohler Executive Vice President of Human Resources 1973
Rich Arnold Head of Investor Relations

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