The quarterly cash dividend was held at $0.15 per share, payable Aug. 14 to holders of record Aug. 4.
Banner is to acquire Pacific Financial in an all-stock deal, exchanging 0.2633 Banner shares for each Pacific Financial share under the merger agreement.
Q2 FY26 results and margin improvement
Pacific Financial posts Q2 2026 net income of $2.9 million, down 5% from Q1 2026; diluted EPS slips to $0.29 from $0.30.
Net interest income rises 2% from Q1 to $12.3 million; net interest margin widens 12 basis points to 4.16%.
Non-interest expense climbs 4% from Q1 to $10.2 million, reflecting about $678,000 of merger-related costs.
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