Banner (BANR) executive compensation, 2026 proxy

Mark J. Grescovich, President and Chief Executive Officer, was paid $3.6M in 2025, up 59% from $2.3M the year before. The CEO-to-median-employee pay ratio was 46:1, on median employee pay of $77,674.

Filed
April 6, 2026
Annual meeting
May 20, 2026
Pay year
2025
Named executives
5
CEO total pay
$3.6M+59% vs prior year
CEO to median employee
46:1median $77,674
CEO pay in equity
37%$1.3M in awards
CEO Target Bonus
$1,044,798As stated in plan-based awards table
Net Income
$195,382,000From pay versus performance table
ROATCE
13.25%Company-selected measure

How Grescovich was paid

$3.6M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary26%Stock awards37%Non-equity incentive32%All other compensation5%

Named executive officers

ExecutiveTotal
Mark J. GrescovichPresident and Chief Executive Officer$3,590,983
Robert G. ButterfieldExecutive Vice President and Chief Financial Officer$1,296,211
James M. CostaExecutive Vice President and Chief Operating Officer$1,902,040
Mark C. BorreccoExecutive Vice President and Chief Banking Officer$1,295,923
Cynthia D. PurcellExecutive Vice President and Chief Strategy and Administration Officer$1,215,944

What changed and why

  • $3.6MMark J. Grescovich received total compensation of $3,590,983 for 2025, representing an increase from the prior year total.
  • $1.3MStock awards granted to the Chief Executive Officer totaled $1,327,276 in 2025.
  • $1.1MNon-equity incentive plan compensation for the Chief Executive Officer was $1,147,366 in 2025.
  • The ratio of the Chief Executive Officer pay to the median employee annual total compensation was 46 to 1.
  • $77,674Median employee annual total compensation was calculated as $77,674 for fiscal year 2025.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.