Banner Corp. second-quarter profit climbs to $48.89 million

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Banner Corp. reported second-quarter net income of $48.89 million, or $1.43 per share, up from $45.50 million, or $1.31 per share, a year earlier. Excluding items, adjusted earnings were $49.22 million, or $1.44 per share. Revenue rose 6 percent to $171.96 million from $162.15 million last year.

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Banner Corporation
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Banner Corp. reported higher net income and revenue, beating prior year results.