# BANNER CORP (BANR) — capital_return/buyback_authorization [announced]
Source: SEC API (secapi.ai) · situation sit_4ba961dfe8a3bc456d5f · retrieved 2026-08-11T15:53:11.614Z

## Overview
Banner Corporation is a $16.59 billion bank holding company operating a commercial bank in four Western states through a network of branches offering deposit services and business, commercial real estate, construction, residential, agricultural and consumer loans.

Banner Corporation's Board of Directors authorized a share repurchase program on August 3, 2026, permitting the company to repurchase up to 1.7 million shares of its common stock, representing approximately 5% of its issued and outstanding common stock. Shares may be repurchased in open market purchases, with the extent and timing of repurchases dependent on market conditions and other corporate considerations.

## Terms
- Stake: 5%

## Key dates
- Announced 2026-08-03

## Timeline
- 2026-08-03 · 8-K (0000946673-26-000169): 8-K - BANNER CORP — *Banner Corporation is a $16.59 billion bank holding company operating a commercial bank in four Western states through a network of branches offering deposit services and business, commercial real estate, construction, residential, agricultural and consumer loans.* Banner Corporation's Board of Directors authorized a share repurchase program on August 3, 2026, permitting the company to repurchase up to 1.7 million shares of its common stock, representing approximately 5% of its issued and outstanding common stock. Shares may be repurchased in open market purchases, with the extent and timing of repurchases dependent on market conditions and other corporate considerations.
  https://www.sec.gov/Archives/edgar/data/946673/0000946673-26-000169.txt

## Citations
- 0000946673-26-000169 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000094667326000169