Banner

Banner Corporation Reports Net Income of $54.4 Million, or $1.58 Per Diluted Share, for Fourth Quarter 2022; Earns $195.4 Million in Net Income, or $5.67 Per Diluted Share, for 2022; Declares Increased Quarterly Cash Dividend of $0.48 Per Share

Retrieved on: 
Thursday, January 19, 2023

Banner announced that its Board of Directors increased its regular quarterly cash dividend by 9% to $0.48 per share.

Key Points: 
  • Banner announced that its Board of Directors increased its regular quarterly cash dividend by 9% to $0.48 per share.
  • Revenues increased 6% to $172.1 million, compared to $162.0 million in the preceding quarter, and increased 18% compared to $146.0 million in the fourth quarter a year ago.
  • Net interest income increased 9% to $159.1 million in the fourth quarter of 2022, compared to $146.4 million in the preceding quarter and increased 31%, compared to $121.5 million in the fourth quarter a year ago.
  • Net interest income was $159.1 million in the fourth quarter of 2022, compared to $146.4 million in the preceding quarter and $121.5 million in the fourth quarter a year ago.

Legal & General Retirement America Closes Out Historic Year with over $2 billion in PRT Transactions

Retrieved on: 
Monday, December 19, 2022

In Q4 2022 alone, the company secured 5 transactions which resulted in approximately $1.1 billion in premium – the largest quarter to date for the organization.

Key Points: 
  • In Q4 2022 alone, the company secured 5 transactions which resulted in approximately $1.1 billion in premium – the largest quarter to date for the organization.
  • The U.S. PRT market in general has achieved a landmark year with an estimated $53 billion in total market volume expected to close, making 2022 the largest year on record for the PRT industry.
  • Established in 2015, Legal & General Retirement America is a business unit of Legal & General America, Urbana, MD.
  • The Legal & General America companies are part of the worldwide Legal & General Group.

Banner Public Affairs Expands Bipartisan Lobbying Team in Washington D.C.

Retrieved on: 
Wednesday, December 7, 2022

WASHINGTON, Dec. 7, 2022 /PRNewswire/ -- Banner Public Affairs (Banner) today announced that Ryan Losak has joined the firm as vice president of government relations. Losak joins the firm after spending over a decade on Capitol Hill, where he most recently worked for Sen. John Boozman (R-Ark.), focusing on a wide range of issues including appropriations, health care, rural development, education and labor.

Key Points: 
  • WASHINGTON, Dec. 7, 2022 /PRNewswire/ -- Banner Public Affairs (Banner) today announced that Ryan Losak has joined the firm as vice president of government relations.
  • "As we face a divided Congress next year, a bipartisan lobbying team is even more critical to deliver results for clients," said former senator and Banner Partner, Jim Talent.
  • Banner Public Affairs executes winning strategies to achieve the unexpected and avoid the predictable.
  • Our bipartisan team of experienced lobbying, public relations, and digital professionals provides best-in-class counsel and executes long-term growth strategies with a short-term hustle, problem-solving mindset.

Ellucian's CEO Laura Ipsen Highlighted in Top 50 Women Leaders in SaaS List

Retrieved on: 
Wednesday, December 7, 2022

RESTON, Va., Dec. 7, 2022 /PRNewswire/ -- Ellucian, the leading higher education technology solutions provider, today announced that President and CEO Laura Ipsen has been recognized as one of the 2022 Top 50 Women Leaders in SaaS by The Software Report.

Key Points: 
  • RESTON, Va., Dec. 7, 2022 /PRNewswire/ -- Ellucian , the leading higher education technology solutions provider, today announced that President and CEO Laura Ipsen has been recognized as one of the 2022 Top 50 Women Leaders in SaaS by The Software Report.
  • The list highlights individuals based on their demonstrated leadership capabilities, career track record, and quantifiable contributions to the SaaS industry.
  • More than 400 entries were reviewed and honorees were identified by The Software Report based on nominations and extensive research.
  • "It is an honor to be recognized in The Software Report's 2022 list of the Top 50 Women Leaders in SaaS," said Laura Ipsen, President & CEO, Ellucian.

Taylor Morrison to Build and Donate Homes to Support Patients at Banner MD Anderson Cancer Center

Retrieved on: 
Thursday, December 1, 2022

SCOTTSDALE, Ariz., Dec. 1, 2022 /PRNewswire/ -- WM Phoenix Open Presenting Sponsor Taylor Morrison (NYSE: TMHC) announced today it is building and donating an initial six fully furnished homes to the Banner Health Foundation. Upon completion, the 16-home community located in Gilbert, Ariz., will support Banner MD Anderson Cancer Center's Home Away from Home program that provides housing assistance to patients who travel great distances for care at Banner MD Anderson.

Key Points: 
  • Upon completion, the 16-home community located in Gilbert, Ariz., will support Banner MD Anderson Cancer Center's Home Away from Home program that provides housing assistance to patients who travel great distances for care at Banner MD Anderson.
  • The Home Away from Home program provides financial assistance for lodging to patients and families required to stay near Banner MD Anderson.
  • Taylor Morrison's donated homes will be located on a parcel of land adjacent to the Banner Gateway Medical Center campus, which is home to Banner MD Anderson.
  • Banner MD Anderson Cancer Center delivers cancer care to patients through the partnership of Banner Health and MD Anderson Cancer Center.

Legal & General Retirement America Completes Pension Risk Transfer Deal with Rolls-Royce North America Inc.

Retrieved on: 
Thursday, December 1, 2022

Legal & General Retirement America (LGRA) announced today that it has completed a c.$145 million pension risk transfer (PRT) transaction with Rolls-Royce North America Inc.

Key Points: 
  • Legal & General Retirement America (LGRA) announced today that it has completed a c.$145 million pension risk transfer (PRT) transaction with Rolls-Royce North America Inc.
  • Legal & General Group (Legal & General) has a long-standing relationship with Rolls-Royce providing both investment and pension de-risking expertise and support in the UK.
  • Legal & General Retirement America (LGRA) specializes in customized pension risk solutions for institutional clients in the U.S. market.
  • Established in 2015, Legal & General Retirement America is a business unit of Legal & General America, Urbana, MD.

U.S. PRT Market Expected to Close $27 Billion in Q3, Second Largest Quarter on Record

Retrieved on: 
Thursday, November 17, 2022

The Monitor reported the third quarter is expected to be the largest Q3 on record with $27 billion in transactions closing.

Key Points: 
  • The Monitor reported the third quarter is expected to be the largest Q3 on record with $27 billion in transactions closing.
  • It was also the second largest quarter in market history, only second to 2012s Q4 which closed at $36 billion.
  • With the first and second quarters also seeing record breaking numbers, 2022 will be the largest year ever for the U.S. Pension Risk Transfer (PRT) Market at an estimated $55 billion in total market volume.
  • The market is expected to close out the year with at least nine transactions close to or over $1 billion.

New National Survey Shows What Americans Think About Latter-day Saints (Mormons)

Retrieved on: 
Sunday, November 6, 2022

SALT LAKE CITY, Nov. 5, 2022  /PRNewswire-PRWeb/ -- A new survey conducted by the B. H. Roberts Foundation (BHR) asked Americans about their attitudes, knowledge, and beliefs about The Church of Jesus Christ of Latter-day Saints.

Key Points: 
  • Most Americans neither like nor dislike Latter-day Saints, and 1 in 3 Americans think they practice polygamy.
  • The 2022 B. H. Roberts National Latter-day Saint Survey (2022 BHR NLDSS) comes at a time that some in the media have called the "Mormon Moment II."
  • "Latter-day Saints have been significantly overrepresented on platforms such as Netflix, Hulu and TikTok recently," said Josh Coates, the Executive Director at BHR.
  • "And getting actual data on what people think is helpful in elevating discussions about the Church and its members."

Banner|Aetna Now Offers ACA Marketplace Plans Across Six Counties

Retrieved on: 
Tuesday, November 1, 2022

Banner|Aetna, the fastest-growing health insurer in Arizona, now offers Affordable Care Act (ACA) health insurance plans to individuals and families across Coconino, Cochise, Maricopa, Pinal, Pima and Yuma counties in 2023.

Key Points: 
  • Banner|Aetna, the fastest-growing health insurer in Arizona, now offers Affordable Care Act (ACA) health insurance plans to individuals and families across Coconino, Cochise, Maricopa, Pinal, Pima and Yuma counties in 2023.
  • Three of these offerings, including those in Maricopa, Pima and Yuma, feature the lowest cost ACA silver plan premiums available.
  • Convenient enrollment in Banner|Aetna plans can be completed directly through banneraetna.com , even if the applicant is receiving subsidies that lower premium costs.
  • Individuals can also enroll in these plans with the help of an authorized health insurance broker or on healthcare.gov .

AC Immune Reports Third Quarter 2022 Financial Results and Provides a Corporate Update

Retrieved on: 
Friday, October 28, 2022

This bodes well for our wholly owned vaccine ACI-24.060, which targets the two most toxic forms of Abeta, soluble toxic Abeta oligomers and pyroglu-Abeta.

Key Points: 
  • This bodes well for our wholly owned vaccine ACI-24.060, which targets the two most toxic forms of Abeta, soluble toxic Abeta oligomers and pyroglu-Abeta.
  • Because ACI-24.060 is a vaccine, it also has the potential to offer safety, efficacy, and logistical advantages compared to monoclonal antibodies.
  • Interim results are expected around year end 2022 with plans to submit a U.S. Investigational New Drug (IND) application in Q1 2023.
  • Phase 1b safety and immunogenicity data readout in AD and decision to move into DS expected in Q4 2022.