Vanguard Capital Management filed an amended beneficial ownership statement with the SEC on October 30, 2026, reporting aggregate holdings of 1,738,655 shares of Banner Corp common stock as of September 30, 2026.

Key Highlights

  • Aggregate beneficial ownership: Vanguard Capital Management reported holding 1,738,655 shares of Banner Corp common stock, representing 4.74% of the class.
  • Sole voting power: Vanguard disclosed sole power to vote 264,999 shares, with no shared voting power reported.
  • Sole dispositive power: Vanguard reported sole power to dispose of all 1,738,655 shares, with shared dispositive power of zero.
  • Triggering event date: The event requiring the filing occurred on September 30, 2026.
  • Filing entity: Vanguard Capital Management, organized in Pennsylvania, is classified as an investment adviser (type "IA") in the filing.
  • Affiliates included: The filing covers securities held through Vanguard Asset Management Limited, Vanguard Fiduciary Trust Company, Vanguard Global Advisers, LLC, and Vanguard Investments Australia Ltd, according to the disclosure.

Vanguard's Reported Position in Banner Corp, a Pacific Northwest Bank Holding Company

Banner Corp, headquartered at 10 South 1st Avenue, Walla Walla, WA 99362, is the issuer named in the filing. Vanguard Capital Management, headquartered at 100 Vanguard Blvd, Malvern, PA 19355, filed this amended statement to report its beneficial ownership of Banner Corp common stock (CUSIP 06652V208), which trades on NASDAQ:BANR, as of the September 30, 2026 event date.

According to the filing, the reported 1,738,655 shares represent 4.74% of the outstanding class, placing the position below the 5% threshold. The disclosure notes that no single outside person holds more than 5% of the right to receive dividends or sale proceeds from the reported securities. The filing was signed by My Trieu-Gatt, identified as Authorized Signatory and Head of Global Fund Administration, on October 30, 2026.

The filing states, in accordance with SEC Release No. 34-39538 (January 12, 1998), that the reported securities include shares held by Vanguard funds or sleeves thereof over which Vanguard Capital Management LLC exercises dispositive power, as well as securities held by clients over which the named affiliates exercise dispositive and/or voting power. The disclosure also notes that securities beneficially owned by other subsidiaries or affiliates whose ownership is disaggregated under that release are not included in this statement. The certifying language affirms that the securities "were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer."

What Was Disclosed

Vanguard Capital Management reported amended beneficial ownership of 1,738,655 shares of Banner Corp common stock, equal to 4.74% of the class, with sole dispositive power over all shares and sole voting power over 264,999 shares, as of September 30, 2026.