BANNER CORP — Form 8-K
Filed September 1, 2026 · analyzed by the 8-K Agent
8-K
▲ Likely positive
significance 72/100
What the filing says
Banner Corporation completed its acquisition of Pacific Financial Corporation (Bank of the Pacific) effective September 1, 2026. Pacific Financial had $1.26B in assets and 15 branches in Washington and Oregon; Banner paid 0.2633 shares of Banner stock per Pacific Financial share, resulting in Pacific Financial shareholders owning ~7% of the combined entity. Combined pro forma assets are approximately $18B; systems integration is planned for November 2026.
Why this rating
Material M&A event: $1.26B target is 57% of Banner's pre-closing asset base (~$16.7B implied), meaningful geographic and deposit expansion. Integration risks remain, but strategic rationale is sound.
Price action (we called it positive)
before filing · preread $70.14 ▲ 0.00% | at our read · unknown $70.14 | +10 min · unknown $70.14 ▲ 0.00% | +30 min · unknown $69.62 ▼ 0.74% | +1 hr · unknown $69.71 ▼ 0.61% | +4 hrs pending |
The stock had already moved +0.00% between hitting EDGAR and our read finishing — deltas above are measured from our read.
Quotes via Yahoo Finance at capture time; sessions other than regular hours are labeled. Not investment advice. How accurate are our calls? →
See more from September 1, 2026.
EDGAR·FLOW summarizes public SEC EDGAR filings with automated analysis. Materiality scores and stock-impact predictions are algorithmically generated and are not investment advice. Always verify against the source filing on SEC.gov.