Business
Banner Bank Named Among the 100 Best Banks in America for Ninth Consecutive Year
WALLA WALLA, Wash.--(BUSINESS WIRE)-- Forbes has named Banner Bank one of the 100 Best Banks in America for the ninth consecutive year. Banner is one of only
About this update from Banner Corporation
[{"type":"text","content":" WALLA WALLA, Wash.--(BUSINESS WIRE)--\nForbes has named Banner Bank one of the 100 Best Banks in America for the ninth consecutive year. Banner is one of only two banks headquartered in Washington to make the list—and the highest ranked at number 27.\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250321494024/en/Banner named to Forbes 100 Best Banks in America list for ninth consecutive year.\n“This Forbes accolade is especially meaningful because it is largely based on our financial health and strength, and it comes on the heels of considerable economic headwinds over the past two years,” said Banner Bank President and CEO Mark Grescovich. “Continuing to be a source of capital to our clients and community through all economic cycles is possible because of the hard work and dedication of our entire team.”\n\nTo create the list, Forbes looked at 11 metrics measuring growth, credit quality and profitability for the 12 months ending September 30, 2024, as well as stock performance in the 12 months through January 10, 2025. The equally-weighted financial metrics are net interest margin; return on average tangible common equity; return on average assets; CET1 ratio; efficiency ratio; nonperforming assets as a percentage of total assets; reserves as a percentage of total assets; risk-based capital ratio; operating revenue growth; and net charge-offs as a percentage of total loans.\n\nYou can read Forbes’ entire methodology and the review the full list here.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20250321494024/en/\n\nKelly McPhee, Senior Vice President, PR & Communications [email protected]\n\nSource: Banner Bank","length":3380,"tagName":"div"}]