Banner Corporation (BANR)

NASDAQ: BANR · IEX Real-Time Price · USD
58.23
-0.26 (-0.44%)
Jul 19, 2024, 11:06 AM EDT - Market open
-0.44%
Market Cap 2.01B
Revenue (ttm) 590.54M
Net Income (ttm) 165.63M
Shares Out 34.45M
EPS (ttm) 4.81
PE Ratio 12.16
Forward PE 12.29
Dividend $1.92 (3.28%)
Ex-Dividend Date Aug 6, 2024
Volume 38,893
Open 57.94
Previous Close 58.49
Day's Range 57.51 - 59.32
52-Week Range 39.31 - 61.34
Beta 1.05
Analysts Buy
Price Target 54.00 (-7.26%)
Earnings Date Jul 17, 2024

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]

Sector Financials
IPO Date Aug 24, 1995
Employees 1,928
Stock Exchange NASDAQ
Ticker Symbol BANR
Full Company Profile

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 Statements

Analyst Forecast

According to 6 analysts, the average rating for BANR stock is "Buy." The 12-month stock price forecast is $54.0, which is a decrease of -7.26% from the latest price.

Price Target
$54.0
(-7.26% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

Other symbols: SEECHUYCTASWNS
1 hour ago - Benzinga

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...

1 day ago - Business Wire

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...

10 days ago - Business Wire

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...

21 days ago - Business Wire

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.

24 days ago - Business Wire

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...

4 weeks ago - Business Wire

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...

7 weeks ago - Business Wire

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-...

2 months ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

4 months ago - Business Wire

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...

6 months ago - Business Wire

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...

7 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

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...

10 months ago - GlobeNewsWire

KBRA Releases Surveillance Report for Banner Corporation

NEW YORK--(BUSINESS WIRE)-- #KBRA--On June 21, 2023, KBRA affirmed the senior unsecured debt rating of BBB+, the subordinated debt rating of BBB, and the short-term debt rating of K2 for Walla Walla, ...

11 months ago - Business Wire

Banner Bank Releases 2022 Environmental, Social and Governance Report

WALLA WALLA, Wash., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Today, Banner Bank released its 2022 ESG Report. The report identifies ongoing practices and recent accomplishments in the areas of environmental ...

1 year ago - GlobeNewsWire

Banner Corporation Reports Net Income of $39.6 Million, or $1.15 Per Diluted Share, for Second Quarter 2023; Declares Quarterly Cash Dividend of $0.48 Per Share

WALLA WALLA, Wash., July 19, 2023 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR) (“Banner”), the parent company of Banner Bank, today reported net income of $39.6 million, or $1.15 per dilu...

1 year ago - GlobeNewsWire

Banner Corporation Announces Second Quarter 2023 Conference Call and Webcast

WALLA WALLA, Wash., June 30, 2023 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR) (“Banner”), the parent company of Banner Bank, today announced that it will report its second quarter result...

1 year ago - GlobeNewsWire

Banner Corporation Reports Net Income of $55.6 Million, or $1.61 Per Diluted Share, for First Quarter 2023; Declares Quarterly Cash Dividend of $0.48 Per Share

WALLA WALLA, Wash., April 19, 2023 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR) (“Banner”), the parent company of Banner Bank, today reported net income of $55.6 million, or $1.61 per dil...

1 year ago - GlobeNewsWire

Banner Corporation Announces CFO Transition Plan

WALLA WALLA, Wash., March 31, 2023 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR) (“Banner” or the “Company”), the parent company of Banner Bank, today announced that Peter J. Conner has in...

1 year ago - GlobeNewsWire

Banner Corporation Announces First Quarter 2023 Conference Call and Webcast

WALLA WALLA, Wash., March 31, 2023 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR) (“Banner”), the parent company of Banner Bank, today announced that it will report its first quarter result...

1 year ago - GlobeNewsWire

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

WALLA WALLA, Wash., Jan. 19, 2023 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR) (“Banner”), the parent company of Banner Bank, today reported net income of $54.4 million, or $1.58 per dilu...

1 year ago - GlobeNewsWire

Banner Corporation Announces Fourth Quarter 2022 Conference Call and Webcast

WALLA WALLA, Wash., Dec. 30, 2022 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR) (“Banner”), the parent company of Banner Bank, today announced that it will report its fourth quarter result...

1 year ago - GlobeNewsWire

Banner Bank Releases Inaugural Environmental, Social and Governance Highlights Report

WALLA WALLA, Wash., Dec. 23, 2022 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR) the parent company of Banner Bank, today announced that the Bank has published its inaugural Environmental, ...

1 year ago - GlobeNewsWire