Banner Corporation (BANR)
| Market Cap | 2.27B |
| Revenue (ttm) | 593.39M |
| Net Income (ttm) | 165.13M |
| Shares Out | 34.46M |
| EPS (ttm) | 4.78 |
| PE Ratio | 13.77 |
| Forward PE | 13.65 |
| Dividend | $1.92 (2.92%) |
| Ex-Dividend Date | Nov 5, 2024 |
| Volume | 654,975 |
| Open | 64.11 |
| Previous Close | 64.87 |
| Day's Range | 64.11 - 66.32 |
| 52-Week Range | 42.00 - 78.05 |
| Beta | 1.05 |
| Analysts | Buy |
| Price Target | 66.60 (+1.22%) |
| Earnings Date | Jan 16, 2025 |
About BANR
Banner Corporation operates as the bank holding company for Banner Bank that engages in the provision of commercial banking and financial products and services to individuals, businesses, and public sector entities in the United States. It accepts various deposit instruments, including interest-bearing and non-interest-bearing checking accounts, money market deposit accounts, regular savings accounts, and certificates of deposit, as well as treasury management services and retirement savings plans. The company also provides commercial real esta... [Read more]
Financial Performance
In 2023, Banner's revenue was $609.63 million, a decrease of -1.37% compared to the previous year's $618.07 million. Earnings were $183.62 million, a decrease of -6.02%.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for BANR stock is "Buy." The 12-month stock price forecast is $66.6, which is an increase of 1.22% from the latest price.
News
Banner Corporation: A Solid Quarter But No Longer A Buy (Rating Downgrade)
Banner Corporation's stock has surged 49% since June 2023, outperforming the S&P 500 by 16%, but is now slightly overvalued. Q3 2024 results showed mixed outcomes: GAAP EPS exceeded expectations, whil...
Banner Corporation (BANR) Q3 2024 Earnings Call Transcript
Banner Corporation (NASDAQ:BANR) Q3 2024 Earnings Conference Call October 17, 2024 11:00 AM ET Company Participants Mark Grescovich - President and Chief Executive Officer Rich Arnold - Head of Inves...
Banner Corporation Reports Net Income of $45.2 Million, or $1.30 Per Diluted Share, for Third Quarter 2024; Declares Quarterly Cash Dividend of $0.48 Per Share
WALLA WALLA, Wash.--(BUSINESS WIRE)--Banner Corporation (NASDAQ: BANR) (“Banner”), the parent company of Banner Bank, today reported net income of $45.2 million, or $1.30 per diluted share, for the th...
Banner Corporation Announces Third Quarter 2024 Conference Call and Webcast
WALLA WALLA, Wash.--(BUSINESS WIRE)--Banner Corporation (NASDAQ: BANR) (“Banner”), the parent company of Banner Bank, today announced that it will report its third quarter results after the market clo...
Banner Corporation Announces Stock Repurchase Program
WALLA WALLA, Wash.--(BUSINESS WIRE)--Banner Corporation (NASDAQ: BANR) (“Company”), the parent company of Banner Bank, today announced that its Board of Directors has authorized the repurchase of up t...
This Sealed Air Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Friday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings pag...
Banner Corporation (BANR) Q2 2024 Earnings Call Transcript
Banner Corporation (NASDAQ:BANR) Q2 2024 Earnings Conference Call July 18, 2024 11:00 AM ET Company Participants Mark Grescovich - President and Chief Executive Officer Rich Arnold - Head of Investor...
Banner Corporation Reports Net Income of $39.8 Million, or $1.15 Per Diluted Share, for Second Quarter 2024; Declares Quarterly Cash Dividend of $0.48 Per Share
WALLA WALLA, Wash.--(BUSINESS WIRE)--Banner Corporation (NASDAQ: BANR) (“Banner”), the parent company of Banner Bank, today reported net income of $39.8 million, or $1.15 per diluted share, for the se...
KBRA Affirms Ratings for Banner Corporation
WALLA WALLA, Wash.--(BUSINESS WIRE)--Banner Corporation (NASDAQ: BANR) (“Banner”), the parent company of Banner Bank, today announced that Kroll Bond Rating Agency, LLC (KBRA) affirmed the senior unse...
Banner Corporation Announces Second Quarter 2024 Conference Call and Webcast
WALLA WALLA, Wash.--(BUSINESS WIRE)--Banner Corporation (NASDAQ: BANR) (“Banner”), the parent company of Banner Bank, today announced that it will report its second quarter results after the market cl...
Chief Audit Executive Garcia to Retire; Newman Hired as Replacement
WALLA WALLA, Wash.--(BUSINESS WIRE)--Jim Garcia, EVP and Chief Audit Executive, will retire July 15, 2024 and Scott Newman has been hired as the next Chief Audit Executive.
Banner Again Named One of the 100 Best Banks in America
WALLA WALLA, Wash.--(BUSINESS WIRE)--Forbes has named Banner Bank one of the 100 Best Banks in America for the eighth consecutive year. “Being ranked among the top 100 banks in America for eight strai...
Chief Risk Officer Jim Costa Promoted to Expanded Role Including Chief Operating Officer
WALLA WALLA, Wash.--(BUSINESS WIRE)--The Banner Bank executive leadership team is pleased to announce Executive Vice President Jim Costa has been promoted to Chief Operating Officer in addition to his...
Banner Corporation Announces Results of Annual Meeting, Shareholders Approve All Proposals and Confirm All Nominated Directors to Board
WALLA WALLA, Wash.--(BUSINESS WIRE)--Banner Corporation (NASDAQ: BANR), (“Banner” or the “Company”), the parent company of Banner Bank, today announced that shareholders approved all proposals and re-...
Banner Corporation (BANR) Q1 2024 Earnings Call Transcript
Banner Corporation (NASDAQ:BANR) Q1 2024 Earnings Call Transcript April 18, 2024 11:00 AM ET Company Participants Mark Grescovich - President and CEO Rich Arnold - Head of IR Jill Rice - CCO Rob Butt...
Banner Corporation Reports Net Income of $37.6 Million, or $1.09 Per Diluted Share, for First Quarter 2024; Declares Quarterly Cash Dividend of $0.48 Per Share
WALLA WALLA, Wash.--(BUSINESS WIRE)--Banner Corporation (NASDAQ:BANR) (“Banner”), the parent company of Banner Bank, today reported net income of $37.6 million, or $1.09 per diluted share, for the fir...
Newsweek Again Names Banner Bank One of the Most Trustworthy Companies in America
WALLA WALLA, Wash.--(BUSINESS WIRE)--Newsweek has selected Banner Bank as one of America's Most Trustworthy Companies 2024, ranking Banner 3rd among the 27 banks and credit unions that made the cut. T...
Banner Corporation Announces First Quarter 2024 Conference Call and Webcast
WALLA WALLA, Wash.--(BUSINESS WIRE)--Banner Corporation (NASDAQ:BANR) (“Banner”), the parent company of Banner Bank, today announced that it will report its first quarter results after the market clos...
Banner Corporation (BANR) Q4 2023 Earnings Call Transcript
Banner Corporation (BANR) Q4 2023 Earnings Call Transcript
Banner Corporation Reports Net Income of $42.6 Million, or $1.24 Per Diluted Share, for 4th Quarter 2023; Earns $183.6 Million in Net Income, or $5.33 Per Diluted Share, for the Full Year of 2023; Declares Quarterly Cash Dividend of $0.48 Per Share
WALLA WALLA, Wash.--(BUSINESS WIRE)--Banner Corporation (NASDAQ: BANR) (“Banner”), the parent company of Banner Bank, today reported net income of $42.6 million, or $1.24 per diluted share, for the fo...
Banner Corporation Announces Fourth Quarter 2023 Conference Call and Webcast
WALLA WALLA, Wash., Dec. 29, 2023 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR) (“Banner”), the parent company of Banner Bank, today announced that it will report its fourth quarter result...
Banner Corporation (BANR) Q3 2023 Earnings Call Transcript
Banner Corporation (BANR) Q3 2023 Earnings Call Transcript
Banner Corporation Reports Net Income of $45.9 Million, or $1.33 Per Diluted Share, for Third Quarter 2023; Declares Quarterly Cash Dividend of $0.48 Per Share
WALLA WALLA, Wash., Oct. 18, 2023 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR) (“Banner”), the parent company of Banner Bank, today reported net income of $45.9 million, or $1.33 per dilu...
Banner Corporation Announces Third Quarter 2023 Conference Call and Webcast
WALLA WALLA, Wash., Sept. 29, 2023 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR) (“Banner”), the parent company of Banner Bank, today announced that it will report its third quarter result...
Banner Corp.: A Cheap Bank That's Not Without Its Shortcomings
Banner Corp is a potential investment opportunity after the banking collapse, with signs of resilience and a cheap valuation. The company operates branch offices and loan production offices primarily ...