• Banner authorized a stock repurchase program for up to 1,700,000 common shares, about 5% of shares outstanding.
• Buybacks may be executed in open-market purchases.
• Pace and timing will hinge on market conditions and other corporate considerations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Banner Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000946673-26-000169), on August 03, 2026, and is solely responsible for the information contained therein.