Banner: Q2 Earnings Snapshot

Banner Corp reported second-quarter earnings of $48.9 million with adjusted earnings of $1.44 per share, missing Wall Street expectations of $1.47 per share. The company's adjusted revenue of $172 million also fell short of forecasts. Banner shares have risen 12% year-to-date and reached $70.24, reflecting an 8% increase in the past 12 months.