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Banner Corporation (BANR)

Stock Price: $38.41 USD 0.63 (1.67%)
Updated Aug 11, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 1.35B
Revenue (ttm) 505.71M
Net Income (ttm) 113.66M
Shares Out 35.16M
EPS (ttm) 3.22
PE Ratio 11.93
Forward PE 13.61
Dividend $1.64
Dividend Yield 4.27%

Stock Quote

Trading Day Aug 11, 2020
Last Price $38.41
Previous Close $37.78
Change ($) 0.63
Change (%) 1.67%
Day's Open 38.62
Day's Range 38.11 - 39.59
Day's Volume 171,137
52-Week Range 27.12 - 59.64

More Stats

Market Cap 1.35B
Enterprise Value 1.45B
Earnings Date (est) Oct 21, 2020
Ex-Dividend Date Aug 3, 2020
Shares Outstanding 35.16M
Float 34.57M
EPS (basic) 3.26
EPS (diluted) 3.22
FCF / Share 1.62
Dividend $1.64
Dividend Yield 4.27%
Earnings Yield 8.38%
FCF Yield 4.21%
Payout Ratio 81.00%
Shares Short 940,557
Short Ratio 3.33
Short % of Float 3.21%
Beta 1.07
PE Ratio 11.93
Forward PE 13.61
P/FCF Ratio 23.74
PS Ratio 2.67
PB Ratio 0.77
Revenue 505.71M
Operating Income 139.89M
Net Income 113.66M
Free Cash Flow 56.89M
Net Cash -103.86M
Net Cash / Share -2.95
Gross Margin 106.95%
Operating Margin 27.66%
Profit Margin 22.50%
FCF Margin 11.25%
ROA 0.87%
ROE 7.23%
ROIC 1.10%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (6)

Buy 3
Overweight 1
Hold 2
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$43.00*
(11.95% upside)
Low
40.0
Current: $38.41
High
53.0
Target: 43.00
*Average 12-month price target from 6 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue541506470445305235211182164117
Revenue Growth6.79%7.71%5.61%46.19%29.68%11.11%16.43%11%39.89%-
Gross Profit541506470445305235211182164117
Operating Income18316515113067.9781.1270.4040.105.46-43.88
Net Income14613760.7885.3945.2254.0746.2164.885.46-61.90
Shares Outstanding34.8732.7832.8933.8223.8019.3619.3619.4517.2116.01
Earnings Per Share4.184.151.842.521.892.792.383.16-0.15-7.21
EPS Growth0.72%125.54%-26.98%33.33%-32.26%17.23%-24.68%---
Dividend Per Share1.611.831.980.650.720.720.550.040.160.28
Dividend Growth-12.02%-7.58%204.62%-9.72%0%30.91%1275%-75%-42.86%-
Operating Cash Flow14930.78347-75.8216.2298.0795.3781.42101115
Capital Expenditures-24.70-23.09-12.24-16.24-12.07-5.94-8.21-5.61-3.59-2.17
Free Cash Flow1247.68334-92.064.1592.1387.1675.8097.73112
Cash & Equivalents308272261248262126137181132362
Total Debt688773195255324187184160213268
Net Cash / Debt-380-50166.43-7.38-62.27-61.36-46.8921.30-80.2193.89
Assets12,60411,8719,7639,7949,7964,7234,3894,2664,2574,406
Liabilities11,01010,3938,4918,4888,4964,1403,8503,7593,7253,895
Book Value1,5941,4791,2731,3061,300583539507532511
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Banner Corporation
Country United States
Employees 2,100
CEO Mark J. Grescovich

Stock Information

Ticker Symbol BANR
Stock Exchange NASDAQ
Sector Financial
Industry Regional - Mid-Atlantic Banks
Unique Identifier NASDAQ: BANR
IPO Date August 24, 1995

Description

Banner Corporation operates as the bank holding company for Banner Bank and Islanders Bank that provide commercial banking and financial products and services to individuals, businesses, and public sector entities primarily in the United States. It offers deposit products, 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 estate loans, including investment properties and multifamily residential real estate loans; construction, land, and land development loans; residential mortgage loans; commercial business loans; agricultural loans; and consumer loans, such as home equity lines of credit, automobile, and boat and recreational vehicle loans, as well as loans secured by deposit accounts. In addition, it engages in the mortgage banking operations through the origination and sale of one-to four-family and multi-family residential loans. Further, the company provides electronic and digital banking services. As of December 31, 2019, it operated 178 branch offices, including 175 Banner Bank branches and three Islanders Bank branches located in Washington, Oregon, California, and Idaho. It also operates 18 Banner Bank loan production offices located in Washington, Oregon, California, Idaho, and Utah. Banner Corporation was founded in 1890 and is headquartered in Walla Walla, Washington.